Skeena Reports Copper & PGM Assays From Tropico Drilling, Mexico
 Skeena Resources Limited (TSX VENTURE:SKE) is pleased to announce assay results of the first 8 holes from its current 5,000 metre diamond drill program on its 100% owned Tropico Project, Sinaloa State, Mexico. Encouraging results have been obtained from 11 of the 12 holes completed to date (totaling 2,800 m), out of a proposed 22 hole first phase program, on this layered mafic/ultramafic complex. Within the central portion of the Maricela – San Pablo Zone (refer to news release dated May 10, 2011), up to four parallel 16 metre to >60 metre thick horizons of mineralized pyroxenite, interspersed with barren gabbro, have been drill intersected, each yielding 0.2 to 0.5 % copper, from 0.2 g/t to 0.6 g/t PGM (platinum + palladium + gold) and an average silver content of 2 g/t. The 2 pyroxenite bands on the north side appear to have good continuity over a strike length of at least 2.5 km; the 2 horizons on the south side are less well investigated at this stage but are interpreted to have continuity over a strike length of at least 1.5 km.
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Keywords :   Copper | Diamond | G Mexico | Gold | Mexico | Palladium | Platinum | Silver |

Assay results are set out in the Table below, and the reader is referred to a drill plan map on the Company's website at http://www.skeenaresources.com/s/MapsandGalleries.asp?ReportID=295185.

Drill Hole
No.
From
(m)
To
(m)
Interval
(m)
% Cu PGM
(Pt+Pd+Au)
ppb
Ag (g/t)
SK 11-001 12.0 20.0 8.0 0.185 216 1.2
  74.0 104.0 30.0 0.504 573 3.2
  128.0 182.1 54.1 0.465 570 2.6
  218.0 227.0 9.0 0.226 398 1.8
  243.0 251.0 8.0 0.327 283 1.8
SK 11-002 108.7 129.1 20.4 0.405 539 2.3
  148.6 212.9 64.3* 0.360 503 1.9
SK 11-003 106.8 123.1 16.3 0.419 549 2.8
SK 11-004 92.9 121.3 28.4 0.235 402 1.4
SK 11-005 91.7 109.8 18.1 0.308 305 2.3
SK 11-006 21.0 47.0 26.0 0.202 217 1.6
SK 11-007 61.0 71.0 10.0 0.233 301 1.3
SK 11-008 87.0 95.0 8.0 0.387 616 2.3
  114.6 173.4 58.8** 0.414 675 2.4
* Mineralization remains open at depth as the hole was stopped short ** Mineralization remains open at depth as additional assays are pending

The layered complex hosting both northern and southern horizons appears to dip vertically to steeply north. However, there is insufficient information to determine true thicknesses of the mineralized intercepts, which in all likelihood will be slightly less than the apparent lengths here reported. All of the holes to date have been drilled at -45°.

Additional drilling will test for the lateral continuity of several historic 'gaps' along the Maricela – San Pablo Zone. Also, several short shallow holes will be drilled to complete cross sections of the complex with a specific goal of testing the basal contact of the lower pyroxenite, such as beneath cross-section SK11-001 and SK11-002 and beneath cross-section SK11-007 and SK11-008.

Further drill results will be reported in batches of holes.

Quality Control

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Rupert Allan, P.Geol., president and CEO of Skeena Resources Limited, the designated Qualified Person for this project. On site drilling supervision is provided by two independent geologists, Dr. Daniel Rubiolo of GeoServa Exploration Ltd. and Ing. Felipe Ortega Garcia of Servicios Geologicos y Mineros de-Aztlan SA de CV. A rigorous chain-of-custody and QA/QC program, consisting of the insertion of certified standard control samples, duplicates and blanks was applied to the N thin-walled diameter, sawn half-core samples. Sample preparation was handled by an Acme Analytical Laboratories facility in Guadalajara, Mexico and the analyses by Acme Analytical in Vancouver, British Columbia. Gold and the PGM elements are analyzed by fire assay with an ICP-ES finish, and 31 additional elements by ICP-AES analyses. Drill intercepts are reported as down hole lengths over widths in metres, as true widths of the various zones have not yet been reliably ascertained.

ON BEHALF OF THE BOARD OF DIRECTORS OF

SKEENA RESOURCES LIMITED

J. R. Allan, P.Geol., President

Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Skeena Resources Ltd

EXPLORATION STAGE
CODE : SKE.V
ISIN : CA83056P3016
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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.

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Annual reports of Skeena Resources Ltd
2008 annual report
Financings of Skeena Resources Ltd
12/16/2015Delays Close of 2nd Tranche Financing
12/29/2014Closes Flow-Through Financing
6/23/2014Proposes To Raise $2.5 Million in Private Placement Financin...
1/16/2009Proposes $1 Million Private Placement Financing
6/4/2008Revises Proposed $3 Million Private Placement Financing
4/16/2008Proposes $3 Million Private Placement Financing
6/27/2007Raises $3 Million in Private Placement Financing
5/29/2007Proposes $3.2 Million Private Placement Financing
5/25/2007Completes Flow Through Financing
5/16/2007Proposes Flow-Through Financing
Nominations of Skeena Resources Ltd
2/7/2014Announces Adoption of Advance Notice Policy for Election of...
6/27/2008Appoints VP of Corporate Development
Project news of Skeena Resources Ltd
1/30/2013(Tropico)Announces Favourable Metallurgical Results for Tropico Cu-PG...
6/29/2012(Tropico)Arranges Loan for Tropico Project Cu-PGM Metallurgical Inves...
9/26/2011(Tropico)Reports Final Batch Copper & PGM Assays from Tropico Drillin...
6/29/2011(Tropico)Reports 3rd Batch Copper & PGM Assays from Tropico Drilling,...
6/13/2011(Tropico)Reports 2nd Batch Copper & PGM Assays from Tropico Drilling,...
5/30/2011(Tropico)Reports Copper & PGM Assays From Tropico Drilling, Mexico
5/11/2011(Tropico)Provides Update on Current Tropico Drilling, First Batch of ...
3/1/2011(Tropico)To Commence 5,000 Metre Drill Program at Tropico Project, Me...
12/3/2009(Malpica)Robust Preliminary Assessment Results for Malpica Copper-Gol...
7/29/2009Arranges Loan For Completion of Scoping Study
2/17/2009(Anglo-rouyn Tailings Recovery Project)acquires Anglo-Rouyn Tailings Recovery Project, Saskatchewan
1/14/2009(Malpica)Re-negotiates Acquisition Terms of Malpica Project, Mexico
5/9/2008(Tropico)Acquires More Land at Tropico Project, Mexico
4/24/2008(Malpica) Commits to Malpica Project, Mexico with $1 Million Option P...
4/14/2008(Malpica)Malpica Project Cu-Au-Mo drill results; Mazatlan, Mexico
1/17/2008(Malpica) Commences Drilling at Malpica Copper-Gold Project, Mexico
11/5/2007(Blackhorn)reports high-grade gold prospecting results from Blackhorn P...
9/26/2007(Malpica) Provides Exploration Update and Grants Options
Corporate news of Skeena Resources Ltd
7/27/2016Skeena Receives Drill Permits for Snip
7/25/2016Skeena Grants Incentive Stock Options
7/22/2016Skeena Closes Third and Final Tranche of Financing
6/29/2016Skeena to Acquire Sona Resources
6/23/2016Skeena Appoints New CFO and Grants Stock Options
6/20/2016Skeena Expands Drill Plans at Snip & Announces Positive Prel...
6/9/2016Skeena Announces Private Placement
5/18/2016Skeena Graduates to TSX Venture Exchange Tier 1
5/17/2016Skeena Announces 2016 Drill Plans for Snip
5/9/2016Skeena Announces 2016 Spectrum Exploration Plans
1/14/2016Skeena Releases Updated 43-101 Resource Estimate for the GJ ...
12/16/2015Skeena Delays Close of 2nd Tranche Financing
11/4/2015Skeena Acquires GJ Copper-Gold Project
10/26/2015Skeena Intersects 14 metres grading 7.82 g/t Au
10/26/2015Skeena Intersects 14 m grading 7.82 g/t Au
10/24/2015Sandstorm Gold Provides Asset Updates
10/23/2015Sandstorm Gold Provides Asset Updates
10/13/2015Skeena Announces $6 Million Financing
10/9/2015Skeena Intersects 11.4 m grading 16.73 g/t Au
10/8/2015Skeena Intersects 11.4 m Grading 16.73 g/t Au
10/6/2015Skeena Acquires GJ Copper-Gold Project
9/8/2015Skeena Drilling Intersects 2.0 m grading 74.5 g/t Au and 2.9...
8/31/2015Skeena Confirms Proposals to Dolly Varden Silver
8/20/2015Skeena Releases Initial Drill Results
7/20/2015Skeena Update on Flotation Studies and Drilling at Spectrum ...
7/9/2015Drilling Underway at Spectrum
1/14/2015Skeena Intersects 2 Metres of 254.50 g/t Gold (7.43 oz/ton) ...
12/11/2014Skeena Reports Drill Assays from Spectrum Including 10.63 g/...
10/29/2014Skeena Completes Drill Program at Spectrum Gold Property, No...
5/26/2014IIROC Trading Resumption - SKE
4/28/2014Skeena Acquires High-Grade Spectrum Gold Property, Northwest...
4/9/2014IIROC Trading Halt - SKE
12/18/2013Announces Board Re-Organization
5/31/2012Announces Share Consolidation
7/27/2010New Board Member
6/22/2010Acquires a Copper Porphyry Prospect in Yukon
1/12/2010Retains Wani Capital for Investor Relations
5/14/2009Grants Incentive Options To Directors, Employees & Consultan...
2/6/2009Amends Warrant Exercise Price
2/5/2009Acquires Gold Project in North-Central British Columbia
2/19/2008 Acquires Copper-Platinum-Palladium-Gold Tropico Project in ...
11/15/2007Contracts Airborne Survey over Malpica Copper-Gold Project, ...
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