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Skeena Resources Limited (OTCQX:SKREF) reported significant diamond drill results from its 2021 Phase 3 infill and exploration program at the Snip gold project in British Columbia. The drilling aimed to upgrade existing Inferred resources to Measured and Indicated categories. Highlights include high-grade intersections such as 110.22 g/t Au over 4.41 m (UG21-177) and additional notable results ranging from 25.64 g/t Au to 58.47 g/t Au. The program is set to enhance resource confidence and expand high-grade mineralization, with further drilling opportunities identified.
Skeena Resources Limited (OTCQX: SKREF) held its Annual General Meeting (AGM) in Vancouver on June 30, 2021, where all proposed motions were approved by shareholders. A total of 87,268,716 shares were voted, representing 35.89% of the common shares. Key outcomes included the re-election of all five directors, with votes for each ranging from 78.21% to 99.99%. Grant Thornton LLP was reappointed as auditors. The company focuses on the Eskay Creek gold-silver mine revitalization and aims for full feasibility by Q1 2022.
Skeena Resources Limited (OTCQX: SKREF) announced the completion of its share consolidation, effective June 10, 2021. The consolidation ratio is four pre-consolidation shares to one post-consolidation share, reducing the number of outstanding shares to 60,952,631. All warrants and stock options have been adjusted accordingly. The company continues to focus on the development of the Eskay Creek gold-silver mine and exploration at the Snip gold mine, aiming for a full feasibility study by Q1 2022.
Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) announced a share consolidation at a ratio of 4:1, aiming for a listing on the New York Stock Exchange. Currently, there are 243,810,333 common shares outstanding, which will reduce to approximately 60,952,583 post-consolidation shares. This adjustment, reflecting the consolidation, is expected to take effect on June 7, 2021, with trading on a post-consolidation basis projected to start around June 10, 2021. Skeena is also engaged in advancing the Eskay Creek gold-silver mine and has ongoing exploration at the Snip gold mine.
Skeena Resources Limited (OTCQX:SKREF) announced positive drilling results from the 2021 Albino Waste Facility investigation at the Eskay Creek Project in British Columbia. Key highlights include:
- 8.68 g/t Au and 330 g/t Ag over 13.68 m in drill hole SK-21-846.
- Average grades of 4.12 g/t Au and 163 g/t Ag across all eight drill holes.
- Only 5% of the AWF has been explored, suggesting significant potential for future discoveries.
This successful drilling leads to plans for an extension of the program in H2 2021.
Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) announced promising drilling results from the Albino Waste Facility at the Eskay Creek Project. The initial drilling, totaling 190 m, revealed significant gold-silver mineralization, with Au-Ag grades reaching up to 4.18 g/t Au and 190 g/t Ag. This analysis is from the first four of eight planned drill holes. Only 4% of the facility has been tested, indicating substantial potential for further exploration. The company plans to extend the drilling program in the latter half of 2021, driven by these positive initial results.
Skeena Resources Limited has filed an independent NI 43-101 Mineral Resource Estimate and Technical Report for its Eskay Creek gold-silver project on SEDAR. The report, validated by Sheila Ulansky of SRK Consulting, is part of the company's ongoing efforts to advance the project towards full feasibility by Q1 2022. Skeena is also focusing on exploration drilling at its Snip gold mine. This announcement aligns with Skeena's commitment to best practices in resource estimation and project development.
Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) announced promising results from its 2021 Phase 3 infill and exploration drilling program at the Snip gold project in British Columbia. Key highlights include high-grade mineralization intersected, such as 155.76 g/t Au over 3.22 m and 140.50 g/t Au over 0.50 m. The program aims to upgrade Inferred resources to Measured and Indicated categories, with approximately 3,100 m of surface drilling and 8,000 m of underground drilling remaining for 2021. The Company is currently employing two underground rigs at the site.
Skeena Resources Limited (TSX:SKE, OTCQX:SKREF) announced promising results from its 2021 exploration drilling campaign at the Eskay Creek Project, totaling 4,375 meters across twenty drill holes. Notable intercepts include:
- 3.99 g/t Au, 71 g/t Ag (4.94 g/t AuEq) over 8.20 m (SK-21-838)
- 2.22 g/t Au, 9 g/t Ag (2.33 g/t AuEq) over 15.20 m (SK-21-824)
- 1.54 g/t Au, 27 g/t Ag (1.90 g/t AuEq) over 13.70 m (SK-21-821)
The program identified additional mineralization in the Gap Zone and expanded the 21C HW Zone, indicating potential for significant resource enhancement.
Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) announces promising results from its 2020-2021 exploration drilling at the Snip gold project in British Columbia. The program, consisting of ten drill holes totaling 5,366 meters, aimed at resource expansion and found high-grade gold intersections, including 45.76 g/t Au over 5.60 m. New high-grade mineralization has been identified below the Twin Zone, with findings such as 29.52 g/t Au over 4.03 m. Additional new occurrences at 530 m depth indicate significant potential for expanding the existing resource.
