Skeena Hits 5.88 G/T Gold Equivalent Over 17 Metres In New Zone

Skeena Resources (TSX: SKE) this morning had a positive development in that it has discovered high grade gold and silver mineralization at a depth of 600 meters below surface that was previously unidentified. The zone, referred to as Eskay Deeps, resides in a previously unexplored area of the property.

The results provided this morning by the company come from widely spaced deep exploration drill holes, within the Even Lower Mudstone (ELM) and Water Tower Zone (WTZ). Highlights from the Eskay Deeps drill results include 5.72 g/t gold and 12 g/t silver over 17.00 meters, along with 15.38 g/t gold and 11 g/t silver over 3.18 meters.

The mineralization was found at a depth of 260 meters beyond the WTZ zone, and remains open in all directions, with the intersected “apparent thickness” of the zone being 125 metres. True widths of the mineralization are not yet known as a result of the sparse drilling and exploration that has occurred on the mineralization as of yet.

Results from the Water Tower Zone meanwhile include 12.67 g/t gold and 22 g/t silver over 14.50 meters and 5.75 g/t gold and 14 g/t silver over 11.00 meters.

The company currently has six helicopter support drill rigs on site as it looks to focus on resource conversion of its Eskay Creek project.

Skeena Resources last traded at $3.11 on the TSX.


Information for this briefing was found via Sedar and Skeena Resources. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Euro Sun: Rovina Copper-Gold Project Secures Some Major Funding

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

American Creek Expands D1-McBride Property To 2,600 Hectares In Golden Triangle

American Creek Resources (TSXV: AMK) this morning announced that it has significant expanded its D1-McBride...

Tuesday, August 18, 2020, 09:24:30 AM

AUX Resources Reports Several High Grade Sample Assays At Independence, Silver Crown Properties

AUX Resources (TSXV: AUX) this morning released further results from the exploration programs conducted in...

Monday, March 8, 2021, 08:15:44 AM

Death Of A Dynasty? Collier Resignation May Be The Beginning Of Northern Dynasty’s Pebble Project Hitting The Rocks

This past Wednesday’s resignation of Tom Collier, the now former CEO of Pebble Partnership, a...

Sunday, September 27, 2020, 09:00:00 AM

China’s New ¥100K Cash-For-Gold Rule Could Spur Buying Frenzy Before Deadline

The People’s Bank of China has ordered every dealer of precious metals and gemstones to...

Saturday, July 5, 2025, 11:33:00 AM

O2Gold: A Colombian Jr. Mining Company – The Daily Dive

In this episode, the Daily Dive welcomes Jaime Lalinde, CEO of O2Gold (TSXV: OTGO) to...

Wednesday, September 22, 2021, 01:30:00 PM