Mining News: Northern Neighbors: More high-grade targets found at Spectrum

Skeena Resources Ltd. Sept. 14 reported high-grade rock sampling results and the advancement of several prospecting discoveries and geochemical anomalies to drill target status on the Spectrum gold project in Northwest British Columbia. Nine targets have been newly identified or improved by the prospecting work. Drilling was recently completed on two of these prospects and assays are pending. Several others will be tested by drilling before the end of this season. “We keep finding more high-grade prospects that should allow us more chances to discover and drill off shallow high-grade resources. That is how we are going to build ounces,” said Skeena President Walter Coles. One of the prospects drilled is at the 33 zone, situated south of the Central zone. A two-meter chip sample from the 33 zone yielded 20.7 grams per metric ton gold, 24 g/t silver and 0.5 percent copper. Road Zone, which is located 125 meters east of the Central zone within Anomaly A, is the other prospect drilled. Four of ten 2015 prospecting samples yielded gold values greater than 3 g/t, with one chip sample returning one meter grading 11.8 g/t gold, 14.4 g/t silver, 0.11 percent lead and 4.71 percent zinc. Drilling is also planned for two other targets within Anomaly A – Boundary North and Boundary South – and the 300 Colour zone, a strong soil geochemical anomaly located about 400 meters west of the Central zone. Another four targets – West Gossan, HC, East Gully and JO – require additional sampling and mapping prior to refine drill targets.

–Shane Lasley