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

By Shane Lasley
Mining News 

Skeena finds more high-grade gold at Snip

Hits new veins during underground resource upgrade drilling North of 60 Mining News – July 9, 2021

 

Last updated 7/8/2021 at 3:53pm

Skeena Resources Snip British Columbia Canada Golden Triangle highlights map

Skeena Resources Ltd.

Workers enter the 440 Portal from Barrick's 1990s mining at Skeena's high-grade Snip gold mine in BC's Golden Triangle.

Skeena Resources Ltd. July 7 reported that as much as 110.22 grams per metric ton gold over 4.41 meters was encountered in new veins during the phase-3 drilling at Snip, home to a historic high-grade underground mine in British Columbia's Golden Triangle.

According to a 2020 calculation, Snip hosts 539,000 metric tons of indicated resource averaging 14 g/t (244,000 ounces) gold; and 942,000 metric tons of inferred resources averaging 13.3 g/t (402,000 oz) gold.

The phase-3 infill drill program is primarily focused on upgrading areas of inferred resource to the higher confidence measured and indicated categories.

Toward this goal, Skeena drilled a fan of 21 holes from a single underground drill station to upgrade inferred resources contained in the deeper footwall mineralization at Twin, the most prolific of the high-grade zones mined by Barrick Gold Corp. in the 1990s. Roughly 709,600 oz of gold was recovered from Twin Zone ore averaging 28.95 g/t gold.

The fan of holes drilled by Skeena discovered a new cluster of previously unidentified, high-grade intersections just a few meters from the underground working in the underexplored Footwall Zone.

Highlights from this fan of hole include:

Four meters averaging 33.63 g/t gold in hole UG21-169.

Four meters averaging 25.64 g/t gold in UG21-172.

Skeena Resources Snip British Columbia Canada Golden Triangle highlights map

Skeena Resources Ltd.

3.81 meters averaging 58.47 g/t gold in UG21-175.

4.75 meters averaging 46.94 g/t gold in UG21-176.

4.41 meters averaging 110.22 g/t gold in UG21-177.

Skeena says this newly drilled mineralization is open for expansion 25 meters up-dip, greater than 100 meters down-dip, and 40 meters to the west.

Other highlights from the latest batch of assay results from the Footwall Zone infill drilling include 3.82 meters averaging 30.72 g/t gold in hole S21-099; and cut 4.5 meters averaging 58.44 g/t gold in hole UG21-126.

Skeena is also completing geotechnical drilling as part of its phase-3 program at Snip.

Author Bio

Shane Lasley, Publisher

Over his more than 13 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.

Email: publisher@miningnewsnorth.com
Phone: (907) 726-1095
https://www.facebook.com/miningnewsnorth

 

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