As part of the recently completed 2022 regional and near mine exploration drilling campaigns at the Eskay Creek gold-silver project in British Columbia’s Golden Triangle, Skeena Resources Ltd. (TSX: SKE) delineated additional Rhyolite-hosted mineralization in the 23 Zone. From the surface, downhole mineralization continuity has been confirmed, which can positively influence the future open-pit strip ratio as the resource and engineering studies are updated. Additional infill drilling is anticipated in the near future.

Infill drilling has successfully identified additional Rhyolite-hosted gold-silver minerals from the surface. Drill holes SK-22-1092 and SK-22-1089 discovered 12.5 g/t of gold, 12.5 g/t of silver (1.05 g/t of gold) over 79.97 m of material, and 0.77 g/t of gold, 7.9 g/t of silver (0.86 g/t of gold) over 29.90 m, respectively. These drill holes were collared from the same pad as the previously reported drill hole SK-22-1090, which intersected 1.13 g/t of gold and 6.6 g/t of silver (1.20 g/t of gold) over 96.02 m.

Recent exploration and infill drilling by Skeena has confirmed and expanded areas of mineralization previously considered non-prospective by prior operators. Excitement is mounting as a steady stream of new results is expected in the upcoming weeks, according to Skeena’s Director of Exploration, Adrian Newton.

Randy Reichert, Skeena’s President and CEO, has been impressed by the discovery and definition of additional near-surface mineralization close to the Feasibility Study Main Pit. It is anticipated that targets such as the 23 Zone will positively affect the Feasibility Study update that is expected to be released in the second half of 2023.