| Skeena Receives Drill Permits for Snip | |
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July 27, 2016
NR: 16-19
Vancouver, BC (July 27, 2016) Skeena Resources Limited (TSX.V: SKE) ('Skeena' or the 'Company') is pleased to announce that exploration permits have been granted for the proposed Diamond drill program on the Company's Snip gold project in the Golden Triangle of northwest British Columbia. As a result, crews are now mobilizing to site to prepare drill pads for the initial 6,000 metre drill program. It is anticipated that drilling will commence in the first week of August.
Drilling will target prospective structures that have been partially identified by historic drill intercepts in areas below and to the east of the historic mine production areas (see news release dated May 17, 2016). Crews will also begin establishing a camp on the property that will allow work to continue well into the fall.
About Skeena
Skeena Resources Limited is a junior Canadian mining exploration company focused on developing prospective base and precious metal properties in the Golden Triangle region of northern British Columbia, Canada. The Company's primary activities are the evaluation and development of the Spectrum gold project and adjacent GJ copper-gold project as well as exploration on the recently optioned past-producing Snip gold mine, acquired from Barrick Gold Corp. Skeena's management includes a highly experienced team of mine-finders, including Ron Netolitzky, Chairman of the Board.
On behalf of the Board of Directors of Skeena Resources Limited,
Walt Coles Jr., President & CEO
Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
For Further Information Contact:
Walt Coles Jr., President & CEO or Tony Perri - Investor Relations, Manager
Suite 650, 1021 W. Hastings St. Vancouver, B.C., Canada V6E 0C3
Tel: (604) 684-8725 Fax: (604) 558-7695 Email: [email protected]
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Skeena Resources Ltd
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EXPLORATION STAGE |
CODE : SKE.V |
ISIN : CA83056P3016 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Skeena Resources is a gold and copper exploration company based in Canada. Skeena Resources holds various exploration projects in Mexico. Its main exploration properties are ANGLO-ROUYN TAILINGS RECOVERY PROJECT and BLACKHORN in Canada, EL CORAZON - MAGDALENA in Ecuador and MALPICA and TROPICO in Mexico. Skeena Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.4 billions as of today (US$ 1.1 billions, € 897.7 millions). Its stock quote reached its lowest recent point on November 14, 2008 at CA$ 0.01, and its highest recent level on August 07, 2020 at CA$ 3.12. Skeena Resources has 535 880 000 shares outstanding. |