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Skeena Receives Three-Year Exploration Permit, Begins Work at Spectrum Project
Jun. 29, 2015 09:11AM PST
Gold Investing
Skeena Resources Ltd. (TSXV:SKE) announced that it has received a three-year drilling permit, begun field work and camp construction and has set up two drills at the Spectrum high-grade gold project in BC.
Skeena Resources Ltd. (TSXV:SKE) announced that it has received a three-year drilling permit, begun field work and camp construction and has set up two drills at the Spectrum high-grade gold project in BC.
As quoted in the press release:
Fieldwork, which commenced June 15, included re-sampling of historic core, soil sampling and prospecting under the direction of Jacques Stacey, MSc, PGeol, Project Manager. In addition, geological mapping is being led by Dr. Jim Oliver, PGeo, consultant.
Camp and drill pad construction is underway, and drilling is expected to begin on or about July 2. A total of 10,000 to 12,000 m of drilling in 50 to 60 holes is planned for this field season, with holes averaging 200 m and varying from 50 to 350 m in depth. The drill program has been designed to expand the historic resource at the 500 Colour and Central zones, the latter of which includes the QC 1, QC 2, Porphyry 1, and Porphyry 2 structures. Other holes will test the East Creek zone and other outlying targets. A 43-101 resource estimate will be completed in fall 2015.
An Archaeological Impact Assessment (AIA) was completed between June 15 and 19 by Rescan Tahltan Environmental Consultants in conjunction with representatives of the Tahltan Heritage Resources Environmental Assessment Team. The survey identified no archaeological sites over the proposed drilling areas in the Central, 500 Colour and East Creek zones. Two previously identified sites of obsidian flakes are known on the property, but are well away from the proposed drilling areas. The company has agreed to implement a “Chance Find Procedure” to protect any obsidian or other archaeological materials that might be discovered during exploration. The Company will also implement a Mountain Ungulate Management and Wildlife Observation Plan developed by Hemerra Envirochem Inc. The purpose is to minimize impacts of the Company’s activity on goats, sheep, caribou and other wildlife that might be present in the area.
Click here to read the full Skeena Resources Ltd. (TSXV:SKE) press release.