Mining News: Northern Neighbors: Skeena Resources reports final assay results from Spectrum gold project

Skeena Resources Ltd. Nov. 19 reported assay results for the final 18 holes (6,576 meters) of the 2015 program at its Spectrum gold project in northwestern British Columbia. Highlights from drilling at the Central Zone include: 18 meters of 6.13 grams per metric ton gold from a depth of 252 meters in hole S15-60; two meters of 8.27 g/t gold from a depth of 204.6 meters, and one meter of 23.1 g/t gold from a depth of 286.5 meters in hole S15-055; 18 meters of 2.69 g/t gold from a depth of 264 meters in hole S15-061; and two meters of 4.6 g/t gold from a depth of 336 meters, 2.6 meters of 10.18 g/t gold from a depth of 393.4 meters, and 0.9 meter of 8.04 g/t gold from a depth of 411.1 meters of hole S15-070. The Boundary zone, located 200 meters east of the Central zone, is outlined by very strong gold-in-soil values and strong bedrock grab and chip samples. Hole S15-065 cut two meters of 3.62 g/t gold from a depth of 28 meters, and 1.14 meters of 10.5 g/t gold from a depth of 126.86 meters. Only three holes have been drilled at Boundary. Two holes tested the 300 Colour zone, which is located 400 meters northwest and parallel to the Central zone. Hole S15-066 cut two meters of 4.64 g/t gold from a depth of 32 meters; and hole S15-068 cut 48 meters of 1.05 g/t gold from a depth of 50 meters. A total of 17,350 meters of drilling was completed in 61 holes at Spectrum during 2015. In addition, 2,992 soil and 387 prospecting rock samples were collected. The data derived from this work will inform a resource calculation and assist in picking drill targets for 2016.

—Shane Lasley

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