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Providing coverage of Alaska and Northwest Canada's mineral industry
September 2017

Vol. 22, No. 39 Week of September 24, 2017

Mining News: Skeena re-opens historic Snip underground mine

Skeena Resources Ltd. Sep. 14 reported that it is now carrying out an underground exploration program at the Snip gold project in the Golden Triangle region of northwest British Columbia. In July, the company exercised its option to acquire full ownership of the historic Snip Mine property from Barrick Gold Corp. Since that time, crews have re-opened two historic portals in preparation for underground drilling. “A tremendous amount of work has gone into re-opening the Snip mine,” said Skeena CEO Walter Coles. “Safety is our top priority, so we are establishing ventilation and installing ground support prior to commencing drilling. The previous owner left the mine in very good condition and the operations team is evaluating what existing services can be used to speed up access and reduce costs.” The company said that proposed drill sites have been visited and access for drilling is possible, significantly de-risking the upcoming exploration program. The initial phase of underground drilling at Snip will consist of 73 holes from 24 drill stations. This program aims to confirm and extend gold mineralization beyond where mining ended at Snip. Drilling is expected to begin in the next two week. In addition to accessing the underground workings, Skeena has winterized the existing camp and facilities at Snip to allow for year-round exploration.

–SHANE LASLEY






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