Canadian Mining Journal

News

GOLD: Skeena cuts more high grades at former Snip mine



Skeena’s technical crew at the 440 portal of the Snip gold mine. (Image: Skeena Resources)

BRITISH COLUMBIA – Vancouver-based Skeena Resources has assays from 11 more holes of its underground drilling program at the former Snip gold mine in the province’s Golden Triangle. The mine produced 1 million oz. when it operated from 1991 until 1999. Skeena acquired the property in July 2017 from Barrick Gold.

Some of the best drill results are highlighted:

  • Hole UG18-091: 5.60 g/t gold over 19.85 metres including 13.00 g/t over 4.00 metres and 72.00 g/t over 0.50 metre;
  • Hole UG18-092: 11.13 g/t gold over 3.75 metres and 6.65 g/t over 7.50 metres; and
  • Hole UG18-093: 9.14 g/t over 10.20 metres.

This second phase of drilling has allowed Skeena to further define the Eastern Twin zone. The first series of widely spaced holes in the newly modelled 200 Footwall corridor have also delineated a large structure sub-parallel to the Twin zone.

Further information about the Snip mine is posted at www.SkeenaResources.com.