Skeena Resources Announces 2016 Exploration Plans for Spectrum

Skeena Resources (TSXV:SKE) has outlined its plans for a 2016 exploration program at its Spectrum gold-copper project in BC’s Golden Triangle.
As quoted in the press release:

A 10,000 metre drilling and exploration program has been proposed with work focused on:

• 6,000 m of resource expansion drilling of porphyry Au-Cu mineralization which is open to the west, south, and north sides of the Central Zone (see news release dated April 25, 2016 for maiden independent resource estimate).
• 4,000 m of exploration drilling on high-priority peripheral exploration targets, aimed at building additional high-grade and/or bulk-tonnage resources.
• Initial examination of strong new soil anomalies indicative of vein Au and porphyry Cu-Mo mineralization.
• Environmental, metallurgical and engineering studies for future development options.
• Community engagement with the Tahltan Nation.

Walter Coles, Skeena president and CEO, said:

Projects with a substantial number of delineated ounces will provide the greatest valuation leverage to a rising gold price. We believe there is tremendous potential to increase the maiden resource we announced at Spectrum on April 25^th, 2016. We now have a better understanding of the geological controls and therefore believe that we should be able to add ounces much more efficiently this season compared to 2015.

Click here for the full press release.