Netolitzky returns to first big score at Snip with Skeena

VANCOUVER — When Delaware Resources’ Ron Netolitzky cracked open a rock high in the Skeena Mountains of northwestern B.C. in 1986, the sound […]

Topics

Commodities

Regions

Tags

Companies

VANCOUVER — When Delaware Resources’ Ron Netolitzky cracked open a rock high in the Skeena Mountains of northwestern B.C. in 1986, the sound of his hammer echoed through the valley. What he had cracked into was the Snip gold deposit – a shear hosted vein system incising the mountainside and loaded with enough high grade gold to spark a frenzy on Howe Street and beyond. The deposit – first noted by Cominco geologist Ted Muraro in 1964 – began production in 1991 under Homestake Canada, producing 1 million oz of gold at grades of 25 g/t Au and a 12 g/t reserve cut-off, before low gold prices forced the operator to shut down the operation in 1999. Thirty years later, Netolitzky – now chairman of Skeena Resources (TSXV: SKE; US-OTC: SKREF) and a recent inductee into the Canadian Mining Hall of Fame – has struck a deal that will blow the dust off one of B.C.’s more intriguing pieces of historical mining real estate. Read the entire story at www.NorthernMiner.com/news/netolitzky  

Comments

Your email address will not be published. Required fields are marked *

Aug 12 2021 - Aug 13 2021
Aug 17 2021 - Aug 18 2021
Aug 25 2021 - Aug 26 2021
Sep 07 2021 - Sep 09 2021