Canadian Mining Journal

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GOLD: Skeena drills 10+ g/t at Spectrum

BRITISH COLUMBIA – Vancouver-based Skeena Resources has received assays from the first five of nine holes it drilled at the Spectrum gold project 40 km west of Imperial's Red Chris mine. The company said the results are similar to those...



BRITISH COLUMBIA – Vancouver-based Skeena Resources has received assays from the first five of nine holes it drilled at the Spectrum gold project 40 km west of Imperial’s Red Chris mine. The company said the results are similar to those obtained historically.

Significant intercepts include: 23.84 g/t Au over 6.5 m, including 40.43 g/t Au over 3.5 m, in hole 14-SP-003; 10.63 g/t Au over 27.0 m, including 66.00 g/t Au over 2.0 m and 20.4 g/t Au over 2.0 m, 9.2 g/t over 2.0 m, 8.0 g/t Au over 2.0 m and 22.7 g/t Au over 2.0 m in hole 14-SP-004; and 18.60 g/t Au over 2.0 m, 3.19 g/t Au over 4.0 m, 7.32 g/t Au over 2.0 m, and 6.88 g/t Au over 2.0 m in hole 14-SP-005.

Drilling was limited to the Central zone where several high grade intersections were encountered 200 metres below surface, suggesting, says Skeena, that high grade mineralization may extend to significant depth.

The Spectrum property is home to at least 10 high grade showings of sulphide-gold mineralization. They are spatially associated with steeply dipping fracture zones within a broad area of propyllitic and potassic altered Stuhini Group intermediate volcanics and volcaniclastic rocks occurring at the contact zone of a sill-like monzonite intrusion of Jurassic age.

Visit www.SkeenaResources next month when the assays from the remaining diamond drill holes are posted.