Skeena Resources Ltd (SKE)

[douginil]

Skeena Provides Corporate Update and 2019 Outlook

Vancouver, BC (February 12, 2019) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to provide shareholders with an update on exploration and development activities for the Company’s projects located in the Golden Triangle of British Columbia, and an outlook for 2019.

2018 Advancements

In September 2018 (see news release dated September 17, 2018) the Company announced an initial resource estimate for the high-grade, past-producing Eskay Creek Project (“Eskay Creek”) supported solely by historical data. Phase I drilling performed by the Company in 2018 was not included in this estimate but will be included in a resource update expected in Q1 2019.

At Eskay Creek, pit constrained Indicated Resources include 207,000 AuEq ounces within 1.09 Mt grading 5.9 g/t AuEq, and additional Inferred Resources of 589,000 AuEq ounces contained within 4.26 Mt at an average grade of 4.3 g/t AuEq.

Underground Indicated Resources include 814,000 AuEq ounces contained within 2.51 Mt grading 10.1 g/t AuEq, and an additional underground Inferred Resources of 261,000 AuEq ounces contained within 0.81 Mt grading 10.0 g/t AuEq.




Read more at:
https://www.skeenaresources.com/news/skeena-provides-corporate-update-and-2019-outlook