North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Skeena secures option to acquire historic, high-grade Snip gold mine


Last updated 3/27/2016 at Noon

Skeena Resources Ltd. March 23 reported the signing of an agreement with Barrick Gold to acquire the historic high-grade Snip gold mine in northwestern British Columbia, an operation that produced roughly 1 million ounces of gold from ore averaging 25 grams per metric ton gold.

Under terms of the agreement, Skeena may acquire a 100 percent interest in the Snip property by: issuing up to 3.25...

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