British Columbia-focused Skeena Resources has announced an underground constrained mineral resource estimate for the Snip gold project, in the Golden Triangle.
The underground constrained indicated resources include 244 000 oz of gold hosted within 539 000 t at an average gold grade of 14 g/t. Resources within the inferred category include 402 000 oz of gold hosted within 942 000 t at an average gold grade of 13.3 g/t.
President and CEO Walter Coles comments that Skeena is excited about the maiden resource at Snip, particularly because of the “excellent” grade and the proximity to Eskay Creek.
The company’s efforts in the coming months will focus on expanding these now well-defined resources with expansion drilling in the newly evolving 200 footwall corridor, as well as other near-mine targets, adds VP for exploration and resource development, Paul Geddes.
In parallel with SRK, Skeena chief resource geologist Kathi Dilworth has developed a resource model that will formulate the basis of future economic studies.