Resource News

Skeena Resources (TSXV:SKE) reported that drilling is underway at its Spectrum gold project in Northwest BC. Results will be released in batches throughout the field season.

Skeena Resources (TSXV:SKE) reported that drilling is underway at its Spectrum gold project in Northwest BC. Results will be released in batches throughout the field season.
As quoted in the press release:

The first hole, S15-010 was completed to a depth of 278 m and drilled on Section 9512N at dip of -51 degrees due west. It is designed to cross five mineralized structures (500 Colour, Porphyry 1 & 2, and QC 1 & 2) up-dip of intersections in hole 14-SP-009. That hole was the last one drilled by Skeena in October 2014, and returned several promising intervals including 2 m grading 22.1 g/t Au in the Porphyry 1 structure and 2 m grading 10 g/t Au, 1 m grading 11.1 g/t Au, and 2 m grading 254.5 g/t Au in the 500 Colour structure (see January 14, 2015 Skeena News Release for details). Two additional holes are planned for this section and will test the mineralized structures closer to surface.
Hole S15-011 was collared on Section 9570N about 60 m north of S15-010, and drilled at a dip of -45 to the west. As of this press release, the hole had been drilled to a depth of 170 m and is designed to test all five structures. Several historic holes on this section were reported to have encountered strong mineralization.
A total of 12,000 m of drilling in 60 NQ 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 other outlying targets.

Click here to read the Skeena Resources (TSXV:SKE) press release

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