| | Publié le 14 avril 2008 | Malpica Project Cu-Au-Mo drill results; Mazatlan, Mexico |
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Re: News Release - Monday, April 14, 2008
Title: Skeena's Malpica Project Cu-Au-Mo drill results; Mazatlan, Mexico
Skeena Resources Limited (TSX.V: SKE) is pleased to announce assay results from the first 10 diamond drill holes and an up-date to the on-going evaluation program at its advanced MALPICA copper-gold Project in Sinaloa State, 30 km east of Mazatlan, Mexico.
The primary focus of the current program at Malpica is to drill test the open-ended strike and dip extent of the two main mineralized tourmaline breccia pipes, Cerro Tunel and Cerro Pelon (news release May 8, 2007), where a historic, non 43-101 resource* of 29 million tonnes grading 0.64% copper has been reported. Initial results from hole SM-01 in an untested area north of Cerro Pelon referred to as Pelon Norte, (drill plan map link) yielded an intercept of 112 metres grading 0.949 % copper, 0.427 g/t gold, 3.0 g/t silver and 188 ppm molybdenum. Three additional step-out holes to the east (SM-04, 07, and 08) yielded similar results. It is considered particularly noteworthy that significant widths of coincidental, strong molybdenum mineralization (0.019 to 0.05% Mo) have been intersected since the historic Asarco and Cambior drilling was not assayed for molybdenum. Pelon Norte is characterized by a strong Induced Polarization ("IP") chargeability anomaly, a coincidental resistivity low, and strongly anomalous Au, Cu, Ag, and Mo values in soil geochemistry.
Two step-out holes west of Cerro Tunnel (SM-05, 10) have also yielded highly encouraging results (higher than average gold values, slightly lower copper, but no significant Mo).
Drill holes SM-11 to SM-17, in-fill and marginal to Cerro Pelon, are now competed and assay results will be reported upon receipt. Proposed drill holes SM-18 to SM-21 will test an extensional zone to the southeast of Cerro Tunel where a strong IP response and coincidental soil geochemical anomaly is further validated by good surface mineralization.
Significant mineralized intercepts from the first 10 holes is reported in the table below:
Hole No. |
From (metres) |
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To (metres) |
Interval (metres) |
Cu % |
Au g/t |
Ag g/t |
Mo ppm |
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SM-01 |
20.0 |
- |
132.0 |
112.0 |
0.949 |
0.427 |
3.0 |
188 |
Incl. |
40.0 |
- |
80.0 |
40.0 |
1.534 |
0.699 |
3.2 |
311 |
|
166.0 |
- |
174.0 |
8.0 |
1.489 |
2.120 |
15.9 |
531 |
|
196.0 |
- |
200.0 |
4.0 |
0.399 |
1.943 |
1.7 |
222 |
|
212.0 |
- |
220.0 |
8.0 |
0.168 |
0.289 |
0.9 |
624 |
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SM-02 |
0.0 |
- |
4.0 |
4.0 |
0.373 |
0.480 |
8.4 |
14 |
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SM-03 |
No significant values |
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SM-04 |
82.0 |
- |
86.0 |
4.0 |
0.968 |
4.284 |
5.7 |
141 |
|
90.0 |
- |
100.0 |
10.0 |
0.379 |
0.339 |
1.4 |
69 |
|
136.0 |
- |
150.0 |
14.0 |
0.161 |
0.338 |
3.0 |
57 |
|
160.0 |
- |
174.0 |
14.0 |
0.585 |
0.501 |
1.7 |
83 |
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192.0 |
- |
206.0 |
14.0 |
0.391 |
1.739 |
3.0 |
186 |
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SM-05 |
30.0 |
- |
94.0 |
64.0 |
0.598 |
1.245 |
1.8 |
49 |
incl. |
58.0 |
- |
76.0 |
18.0 |
0.629 |
3.436 |
1.9 |
149 |
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124.0 |
- |
198.0 |
74.0 |
0.412 |
0.384 |
1.5 |
7 |
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SM-06 |
34.0 |
- |
40.0 |
6.0 |
0.564 |
0.123 |
1.7 |
388 |
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82.0 |
- |
90.0 |
8.0 |
0.513 |
0.320 |
1.9 |
110 |
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SM-07 |
66.0 |
- |
202.0 |
136.0 |
0.653 |
0.417 |
4.2 |
267 |
incl. |
164.0 |
- |
182.0 |
18.0 |
0.660 |
1.893 |
2.6 |
394 |
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SM-08 |
34.0 |
- |
116.0 |
82.0 |
0.587 |
0.247 |
1.8 |
161 |
incl. |
92.0 |
- |
96.0 |
4.0 |
3.335 |
0.983 |
23.5 |
476 |
|
132.0 |
- |
172.0 |
40.0 |
0.266 |
1.817 |
3.3 |
272 |
incl. |
158.0 |
- |
172.0 |
14.0 |
0.269 |
4.828 |
4.7 |
439 |
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196.0 |
- |
206.0 |
10.0 |
0.202 |
1.099 |
2.4 |
337 |
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SM-09 |
No significant results |
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SM-10 |
2.0 |
- |
46.0 |
44.0 |
0.463 |
0.355 |
1.3 |
16 |
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64.0 |
- |
88.0 |
24.0 |
0.682 |
0.639 |
3.9 |
4 |
*The reader is cautioned that this historic resource does not conform to Canada's National Instrument 43-101 requirements for reporting purposes; as such, the Company is not treating this estimate as current reserves or resources. These estimates should not be relied upon until they have been verified by further due diligence and re-calculated by an independent qualified person. |
The majority of analytical results from 5,500 soil samples have now been obtained over a 130 line kilometre geochemical grid (100 m spaced crosslines and 25 m station intervals). Strongly anomalous copper in soil (from 240 ppm to > 10,000 ppm), and coincidental gold (from 42 ppb to 2,285 ppb), silver (from 0.6 ppm to 12.6 ppm), and antimony (from 1 ppm to 12.5 ppm) responses are noted over the Cerro Tunel, Cerro Pelon, Pelon Norte and Zona Oeste areas, and over a 2 km+ long northwest trending zone in the very southwest sector of the grid (link to soil maps). The Cerro Tunel and Cerro Pelon area is also characterized by a strong molybdenum (from 5 to > 600 ppm) response. (link to soil geochemical maps). Sample coverage is currently being expanded to cover anomalies that trend off grid.
A helicopter-borne DIGHEM electromagnetic and magnetic survey has now been completed over the majority of the property by Fugro Airborne Surveys. The final interpreted data is expected in a few weeks time.
Follow-up diamond drilling to the geochemical survey results awaits the airborne geophysical survey interpretation as several new targets appear to be structurally controlled in a setting somewhat different from Cerro Tunel and Cerro Pelon.
Elsewhere, a helicopter-borne DIGHEM electromagnetic and magnetic survey has now been completed over the majority of the Company's TROPICO copper-platinum-palladium-gold project, located 20 km north of Mazatlan. Final interpreted data is expected in a few weeks time.
Quality Assurance & 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 the Company's Latin American management team of, Peter E. Boies, and Felipe Ortega. To ensure best practices in sampling and analyses, the N thin-walled diameter core is logged, photographed, and cut in half with a diamond saw. One half of the core is submitted for analysis and the second half is retained in permanent core facilities on site. A rigorous chain-of-custody and QA/QC program, consisting of the insertion of blanks, certified standard control samples, duplicates of coarse rejects and pulps, and as well as 2% of the second half of the core samples are submitted as analyses to test geological variability. Samples are trucked to Guadalajara, Mexico and crushed by Acme Analytical Laboratories Ltd. The final analysis are completed in Acme's ISO-registered laboratory in Vancouver, BC. Gold is analyzed by 30 gm fire assay fusion with an ICP-ES finish, and 31 additional elements by 0.5 gm ICP-ES analyses. Assays of greater than 10 g/t Au are repeated by 30 gm fire assay with a gravimetric finish, and copper greater than one percent is analyzed by 1 gm ICP-ES.
All drill holes reported on in this news release were drilled vertically. Drill intercepts are reported as down hole lengths of various metals over widths in metres, as true widths of the various zones have not yet been reliably ascertained.
The Qualified Person under Canada's National Securities Instrument 43-101 responsible for the content of this news release is the Company President and CEO, J. R. Allan, P. Geol.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SKEENA RESOURCES LIMITED
"Rupert Allan"
J. R. Allan, P.Geol., President
Cautionary Statement on Forward-Looking Information.
The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
For Further Information Contact:
Rupert Allan, President or Tony Perri - Investor Relations, Manager
Suite 611, 675 W. Hastings St. Vancouver, B.C., Canada V6B 1N2
Tel: (604) 684-8725 Fax: (604) 669-2543
Email: tperri@skeenaresources.com
Copyright © 2008 SKEENA RESOURCES LTD. (SKE) All rights reserved. For more information visit our website at
http://www.skeenaresources.com/
or send email to
info@skeenaresources.com.
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Données et statistiques pour les pays mentionnés : Canada | Tous Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous
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Skeena Resources Ltd
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EXPLORATEUR |
CODE : SKE.V |
ISIN : CA83056P3016 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Skeena Resources est une société d’exploration minière d'or et de cuivre basée au Canada. Skeena Resources détient divers projets d'exploration au Mexique. Ses principaux projets en exploration sont ANGLO-ROUYN TAILINGS RECOVERY PROJECT et BLACKHORN au Canada, EL CORAZON - MAGDALENA en Equateur et MALPICA et TROPICO au Mexique. Skeena Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,4 milliards CA$ (1,1 milliards US$, 897,7 millions €). La valeur de son action a atteint son plus bas niveau récent le 14 novembre 2008 à 0,01 CA$, et son plus haut niveau récent le 07 août 2020 à 3,12 CA$. Skeena Resources possède 535 880 000 actions en circulation. |
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