Skeena Resources (TSXV: SKE) Golden Triangle Region British Columbia (Seite 55)

[Fantomas96]

Antwort auf Beitrag Nr.: 58.187.711 von Fantomas96 am 11.07.18 15:50:35

Skeena Resources Commences Drilling at Eskay Creek Gold-Silver Project

Skeena hat jetzt auch mit dem wichtigen Bohrprogramm auf Eskay Creek begonnen.
Vielleicht können ähnliche Ergebnisse wie bei Snip ja mal den Kurs etwas beflügeln ?

https://www.juniorminingnetwork.com/junior-miner-news/press-…

[Fantomas96]

Antwort auf Beitrag Nr.: 58.070.368 von Fantomas96 am 26.06.18 15:49:10

Skeena Resources Intersects 16.02 g/t Gold Over 12.25 Metres at Snip

Wieder top Bohrergebnisse:

Phase II Drilling Highlights

16.02 g/t Au over 12.25 m (UG18-097)
11.81 g/t Au over 12.20 m (UG18-096)
18.90 g/t Au over 2.29 m (UG18-095)
5.26 g/t Au over 10.60 m (UG18-094)
5.23 g/t Au over 13.70 m (UG18-095)



Phase II Delineation Drilling Continues to Enhance Grades and Widths

The ongoing Phase II drilling on the Eastern Twin Zone continues to encounter gold grades and vein thicknesses which are significantly better than historical drilling programs. These improved results are in-part a result of a more comprehensive sampling protocol which does not rely on selective sampling and instead samples the entirety of the drillhole. The protocol is intended to provide a complete database to support economic analyses using current gold prices and modern cut-off grades.

A significant intercept in this zone includes 16.02 g/t Au over 12.25 m (UG18-097) hosted within a thicker mineralized envelope grading 12.37 g/t Au over 20.75 m. Continuity of the zone was further demonstrated 30 metres down-dip in UG18-096 which intersected 11.81 g/t Au over 12.20 m. The recent intercept in UG18-097 occurs only five metres down-dip of historical drill hole UG-1706 which returned assays of 36.8 g/t Au but over only 0.40 m, either because of incomplete and selective sampling or geological and grade variability within the same mineralized zone of interest.

Paul Geddes, Skeena's VP of Exploration & Resource Development commented, "The Company's short-term goal of releasing a maiden resource for Snip is underway and we continue to validate and upgrade resource confidence in areas of historically poorly delineated mineralization. The mindset of historic operators with respect to resource delineation and expansion was limited by the stringent economic constraints that existed in the 1990s. Today, with the vastly improved infrastructure available in the Golden Triangle and the marked increase in gold price, the potential to mine one of the highest-grade, past-producing deposits in Canada at modern cut-off grades dramatically improves the economic viability at Snip."

Discussion of Historical Data and Practices

During the historic operation from 1991-1999, the Snip Mine produced 1,106,511 oz Au from ore averaging 27.53 g/t Au with a cut-off grade ranging from 12 - 24 g/t Au. The mine was burdened with the high cost structure related to its geographic isolation, limited supporting infrastructure and significantly lower historical gold prices. These factors combined, necessitated a high gold cut-off grade for the historic Snip Mine to remain economic. As such, mineralization in the Eastern Twin Zone did not meet the required historic cut-off grades of up to 24 g/t Au and so the zone was never drilled at spacings necessary for resource delineation and mine planning.

Regrettably, prior to the implementation of National Instrument 43-101 standards, reclamation of the mine in 1999 included disposal of all historical drill core, resulting in the inability to now validate any prior operators' databases to modern standards. This lack of historic drill core and supporting drilling documentation, paired with the wide spacing of historical drilling in undeveloped areas necessitates that Skeena devote a percentage of its drilling campaign to validate the historical data. Aside from validating historic results, exploratory drilling will also expand areas of known mineralization with low drilling density and demonstrate additional tonnage potential.

About Skeena

Skeena Resources Limited is a junior Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The Company's primary activities are the exploration and development of the past-producing Snip mine and the recently optioned Eskay Creek mine, both acquired from Barrick. In addition, the Company has completed a Preliminary Economic Assessment on the GJ copper-gold porphyry project.

On behalf of the Board of Directors of Skeena Resources Limited,

Walter Coles Jr.
President & CEO



https://www.juniorminingnetwork.com/junior-miner-news/press-…

[Fantomas96]

Antwort auf Beitrag Nr.: 58.163.066 von Majestro87 am 08.07.18 10:12:54

Zitat von Majestro87:

Zitat von Fantomas96: 26.06.2018


Phase II Drilling Highlights:

5.60 g/t Au over 19.85 m (UG18-091)
13.00 g/t Au over 4.00 m (UG18-091)
72.00 g/t Au over 0.50 m (UG18-091)
11.13 g/t Au over 3.75 m (UG18-092)
6.65 g/t Au over 7.50 m (UG18-092)
9.14 g/t Au over 10.20 m (UG18-093)
Eastern Twin Zone Continues to Evolve


https://ceo.ca/@accesswire/skeena-intersects-914-gt-au-over-…

Skeena ist eines der Paradebeispiele (wie es derzeit viele gibt), dass gute Bohrungen derzeit den Markt nicht interessieren.

Das stimmt leider. Aber wenn hier weiterhin bei Snip und auch Eskay Creek derartige Bohrergebnisse erreicht werden, wird der Markt dies irgendwann honorieren.
Ich habe zwar schon zweimal verbilligt, aber leider ist momentan kein Cash mehr frei für Skeena.
Ich bin im Wartemodus.

[Majestro87]

Antwort auf Beitrag Nr.: 58.070.368 von Fantomas96 am 26.06.18 15:49:10

Zitat von Fantomas96: 26.06.2018


Phase II Drilling Highlights:

5.60 g/t Au over 19.85 m (UG18-091)
13.00 g/t Au over 4.00 m (UG18-091)
72.00 g/t Au over 0.50 m (UG18-091)
11.13 g/t Au over 3.75 m (UG18-092)
6.65 g/t Au over 7.50 m (UG18-092)
9.14 g/t Au over 10.20 m (UG18-093)
Eastern Twin Zone Continues to Evolve


https://ceo.ca/@accesswire/skeena-intersects-914-gt-au-over-…

Skeena ist eines der Paradebeispiele (wie es derzeit viele gibt), dass gute Bohrungen derzeit den Markt nicht interessieren.

[Fantomas96]

Antwort auf Beitrag Nr.: 57.799.793 von Fantomas96 am 20.05.18 21:58:52

Skeena Intersects 9.14 g/t Au Over 10.2 Meters at Snip

26.06.2018


Phase II Drilling Highlights:

5.60 g/t Au over 19.85 m (UG18-091)
13.00 g/t Au over 4.00 m (UG18-091)
72.00 g/t Au over 0.50 m (UG18-091)
11.13 g/t Au over 3.75 m (UG18-092)
6.65 g/t Au over 7.50 m (UG18-092)
9.14 g/t Au over 10.20 m (UG18-093)
Eastern Twin Zone Continues to Evolve


https://ceo.ca/@accesswire/skeena-intersects-914-gt-au-over-…

[Fantomas96]

Antwort auf Beitrag Nr.: 57.703.988 von Fantomas96 am 06.05.18 12:21:53

Skeena Drilling Intersects More High-grade Gold at Snip

https://www.skeenaresources.com/news/skeena-drilling-interse…

May 16, 2018


NR: 18-13
14.49 g/t Au over 4.1 m in the Twin Zone Extension
11.74 g/t Au over 4.5 m in the 412 Zone Infill


Weiterhin sehr gute Ergebnisse, allerdings als Infill aus bereits bekannten Zonen (daher auch die verhaltene Reaktion des Marktes).

Richtig spannend wird es aber erst mit den ersten Ergebnissen aus der 200-Footwall Zone, die in Kürze veröffentlicht werden sollten.

Denn hier gibt es die Möglichkeit, eine zweite (high grade) Twin Zone zu bestätigen.
Die Geologen von Skeena reden von einer 50/50-Chance.
Da die Adern sehr unterschiedliche Durchmesser haben, wird seitens der Geologen eine erfolgreiche Bohrung bei einer „Grammtonnage“ (Durchmesser x Gehalt) von 30 oder mehr geredet.
Also z.B. 2m x 15g/t oder 3m x 10g/t.

Sollten die 200-Footwall Bohrungen dieses bestätigen, könnte das zu einer Neubewertung der Aktie führen.

[Fantomas96]

Antwort auf Beitrag Nr.: 57.737.191 von Fantomas96 am 10.05.18 22:33:04

John Kaiser über Skeena

So how big is the 21C Zone? It appears to have a rod like shape with a strike of 700 metres and a diameter of about 40 metres. If we assume a rectangle with these dimensions and apply a 2.7 specific gravity we get a tonnage footprint of 3 million tonnes (700 x 40 x 40 x 2.7). Skeena has done an internal scoping study which of course it cannot share as a 43-101 disclosure because it is based on historical drill data. A 5-7 g/t grade range for a 3 million tonne footprint equates to 500,000-700,000 gold equivalent ounces. That comes nowhere near triggering Barrick's 51% back-in right at 3 times Skeena's expenditures. Skeena plans a 20,000 m drill program for the 21A and 21C zones in 2018 so that it can formally deliver a measured and indicated resource it likely already can infer from the existing data. Validation does not require twinning every historical hole; a good part of the drilling could generate new ounces not available on the basis of existing drill density, but there is little chance this drilling in 2018 will deliver a surprise discovery. Skeena currently has 76.9 million shares issued and 97.4 million fully diluted. The junior had $1 million negative working capital as of September 30, 2017, but since then it has raised $6 million through the Zijin/Sprott flow-through charity deal and $1 million flow-thru from Barrick at $0.80 as part of the Eskay Creek farmout deal. Assuming no unexpected discovery surprises at Snip or Eskay Creek during 2018, Spec Value Hunters can set their sights on Skeena delivering a minimum 500,000 ounces gold or gold equivalent for each of these projects on a 100% owned basis, double that if we get lucky. The goal is to develop sufficient underground ore at both sites to feed a single processing facility. The 16 million warrants expiring July 2018 through June 2020 are exercisable at $1.00-$1.40. These are an overhang the holders can short against, though with the tightened share structure they would be at considerable risk of being squeezed into an early exercise that would be a welcome cash injection for Walter Coles. Because both Snip and Eskay Creek are already high grade systems, the market will not react to drill intersections unless a case can be made that they represent something big, new and different. Market interest in Skeena will be a function of time and sentiment about the gold price. The latter is what could surprise on the upside. At $0.75 stock price the combined Snip-Eskay Creek story has an implied value of about $75 million. Achieving the 1 million ounce combined target would support a $150 million valuation or $1.50 per share, $3 if the optimistic limit of 2 million ounces is achieved, provided not at the expense of grade. Skeena Resources Ltd remains a Good Relative Spec Value Buy at $0.75 with a $1.50 target by the end of 2018 premised on the Skeena team delivering on the minimal expectations for both Snip and Eskay Creek.

https://secure.kaiserresearch.com/s2/MemberServices.asp?Repo…

Read more at http://www.stockhouse.com/companies/bullboard#SP882AzGM3byPR…

[Fantomas96]

Antwort auf Beitrag Nr.: 57.722.932 von Fantomas96 am 09.05.18 07:21:26

New alliance draws attention to Golden Triangle

https://biv.com/article/2018/05/new-alliance-draws-attention…

Skeena ist mit Dolly Varden und GT Gold Mitglied in der Regional Mining Alliance, um zusammen mit der Regierung und Vertretern der First Nations Minenprojekte in British Columbia zu fördern und auf ein „Gleichgewicht“ für alle Beteiligten zu achten.



Despite what international investors might have heard about B.C. being hostile to resource development, there is at least one corner of B.C. that welcomes resource industries, particularly mining.

And to drive the point home, a new partnership of government, industry and First Nations called the B.C. Regional Mining Alliance went to London to attend the Canadian Mining Symposium April 24 and 25 in a show of cooperation.

“What it’s all about is promoting B.C. as a great place for investing in mining and mineral exploration,” Energy, Mines and Petroleum Resources Minister Michelle Mungall told Business in Vancouver. “It’s the first time British Columbia government has ever done this.”


The alliance includes the Tahltan and Nisga’a Lisms Government, and its focus is primarily the Golden Triangle of northwest B.C. – a mineral-rich region that was opened to mining with the construction of the Northwest Transmission Line.

Industry members include the Association for Mineral Exploration, Dolly Varden Silver Corp., Skeena Resources Ltd. and GT Gold Corp.

One of the reasons the Pretium Resources Inc. (TSX:PVG) Brucejack mine was built in relatively short order was the support it had from the Tahltan and Nisga’a. Both signed a cooperation and benefits agreement with Pretium, which was able to put the mine into operation just two years after it received its environmental certificate.

Elsewhere in B.C., however, First Nation opposition has either stalled or killed other mining projects, including the New Prosperity mine – vigorously opposed by the Tsilhqot’in – and the $1.5 billion Ajax copper mine, which was killed earlier this year when the B.C. government declined the project an environmental certificate.

That rejection was based, in no small part, on resistance from the Stk'emlupsemc Te Secwepemc Nation (SSN) in Kamloops.

The B.C. NDP government has also formally adopted the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP). Some resource industries may be wondering what UNDRIP will mean for them, since it gives First Nations a greater say over what goes on in their traditional territories.

Those companies that have succeeded in developing projects in B.C. have generally been those that consulted early and earnestly with First Nations.

“We are in a new era of reconciliation with First Nations, where we must legally recognize their rights and title and the courts have been very clear on that,” Mungall said. “The way of doing business in the past is not the way of doing business in the future.

“The investment community was understandably cautious about investing in B.C. following the recent changes in provincial politics and the ongoing uncertainty with the implementation of UNDRIP,” said Chad Day, president of the Tahltan Central Government.

“However, the Tahltan Central Government has showcased several times in recent years that when all parties work through Tahltan processes and ensure our people have thorough oversight over the environment and are guaranteed significant benefits from economic development, there are clear paths to success for everyone."

Dave Nikolejsin, deputy minister of Energy, Mines and Petroleum Resources, said the rejection of a particular project like Ajax does not necessarily mean there is a general aversion to resource development among First Nations.

“Just because the SSN didn’t support Ajax doesn’t mean they don’t support mining, and this is mythology that we were there to bust,” he said.

“The SNN are huge supporters of mining. Just down the road, literally across the road from the Ajax project, is New Afton mine – a brand new underground major project. SSN’s totally involved, lots of employment, huge supports of that project. They support Highland Valley – the biggest copper mine in the province.”

He added that no one attending the London conference brought up the Ajax mine, and were glad to hear from First Nations themselves.

“People were much more interested in the going-forward question about ‘What’s going on with the regulatory environment, because we’re hearing these headline issues of you can’t get stuff through in B.C.?’” Nikolejsin said.

“And I can tell you, this is why the attendance of the First Nations were so powerful. The feedback was incredibly positive.”

Charlie Greig, vice president of exploration for GT Gold Corp., which has a gold exploration project in the Golden Triangle, said investors do ask about First Nations relationships, when the project is in B.C. It’s important, therefore, for companies like his to have the Nisga’a and Tahltan demonstrating their support for the mining and exploration industries.

“I think one of the things people, whether they’re in B.C. – particularly in southern B.C. – or anywhere else in the world needs to recognize is the size of our province,” Greig said. “It’s way bigger than many countries, so of course in different parts of it, projects of different natures are going to be differently received.”

Out of about a dozen potential mine projects identified in the Golden Triangle, two have been built to date: the Red Chris copper mine and the Brucejack gold mine.

Next in line is likely to be Red Mountain, a gold-silver mine being developed by IDM Mining Ltd. (TSX-V:IDM). The project is currently in the environmental review process.

“There’s other, I’d say, real going concerns,” Nikolejsin said. “There’s a company looking at the reopening of Snip and Eskay. Kutcho (copper) has work going on. There’s lots of continued exploration drilling going on with KSM.”

[Fantomas96]

Antwort auf Beitrag Nr.: 57.704.003 von Fantomas96 am 06.05.18 12:24:41

Golden Triangle‘s Red Line (05.05.18)

http://aheadoftheherd.com/Newsletter/2018/Golden-Triangles-R…

[Fantomas96]

Antwort auf Beitrag Nr.: 57.689.256 von goldsa am 03.05.18 19:37:06

GJ soll auch verkauft oder zumindest JVd werden.