446 0 Kommentare Skeena Identifies Five High Priority Prospects on Northern Portion of GJ Property

VANCOUVER, BC--(Marketwired - February 12, 2016) - Skeena Resources Limited (TSX VENTURE: SKE) ("Skeena" or the "Company") has compiled historic work on high-grade gold-silver and bulk tonnage copper-gold exploration targets on its GJ property, acquired in October 2015. The GJ property totals 38,374 hectares and is adjacent to British Columbia Provincial Highway 37 and the new Iskut Extension powerline and Tatogga substation, which feed the nearby Red Chris mine of Imperial Metals. Several other roads and trails access portions of the GJ property.

Skeena's review focused on targets within the northern portion of the GJ property and does not include the Donnelly, North Donnelly, GJ and Camp (North) porphyry copper-gold deposits in the central core of the property. Those deposits are the subject of a pending 43-101 technical report currently being prepared by Dr. Giles Peatfield, Ph.D, P.Eng., which will incorporate an updated independent resource estimate for the Donnelly and Donnelly North deposits. The estimate was completed by Mr. Gary H. Giroux, M.A.Sc, P.Eng., and is detailed in Skeena's news release of January 14, 2016. An estimated $25 million in exploration was spent on the GJ property between 2002 and 2014, most of it on the two Donnelly deposits.

Skeena has identified five additional high-priority targets, four of which have received minimal or no previous drilling. Two are drill-ready bulk tonnage copper-gold porphyry targets, and three are high-grade gold-silver vein targets that require only minimal work to bring to the drill stage.

Walter Coles, Skeena President and CEO commented, "We are enthusiastic about the blue-sky potential of the GJ property, especially the opportunity to focus on the high-grade gold-silver targets, which are complementary to the on-going exploration work at our adjacent Spectrum project."

These priority targets are shown on the GJ map on Skeena's website and historic results are summarized below.

Trevor Peak Gold-Silver Veins

Multiple, northwest striking, west dipping, quartz-carbonate-sulphide veins and gossanous shear zones over a 500 by 600 metre wide area.
No previous drilling.
Historic geochemical trench sampling yielded highly anomalous values including:
- 0.8 m grading 17.0 g/t Au, 1.87% Cu (Toon showing)
- 1.5 m (true width) grading 18.0 g/t Au and 0.47% Cu (Ferro showing)
- 0.5 m grading 23.0 g/t Au and 0.47% Cu (Flin showing)
- 3.0 m grading 29.6 g/t Au and 17.7 g/t Ag (Trench 4)
- 6.3 m grading 2.35 g/t Au and 3 g/t Ag (Trench 5)
Several IP chargeability anomalies are associated with the vein structures, which remain open to depth and along strike to the southeast and northwest.
Additional IP, magnetics, mapping, and prospecting are recommended prior to drilling.