Skeena Discovers New In-Pit Mineralization at Eskay Creek Including 4.80 g/t AuEq over 30.50 metres

(firmenpresse) - Vancouver, BC (February 17, 2021) Skeena Resources Limited (TSX: SKE, OTCQX: SKREF) (Skeena or the Company - https://www.commodity-tv.com/ondemand/companies/profil/skeena-resources-ltd/ ) is pleased to report additional diamond drill core results from the Phase 2 campaign of definition and exploration drilling at the Eskay Creek Project (Eskay Creek or the Project) located in the Golden Triangle of British Columbia. The Phase 2 infill program, focused upon resource category conversions for the Pre-Feasibility Study (PFS) on open-pit constrained resources, is now complete. The Company has also recently completed a 5,000 m near-mine exploration program at Eskay Creek and is awaiting results. Reference images are presented at the end of this release as well as on the Companys website.

Eskay Creek Infill Drilling Highlights

New 21C-HW Zone:
- 4.33 g/t Au, 13 g/t Ag (4.50 g/t AuEq) over 20.05 m (SK-20-692)
- 4.65 g/t Au, 11 g/t Ag (4.80 g/t AuEq) over 30.50 m (SK-20-780)

21C Zone:
- 3.87 g/t Au, 7 g/t Ag (3.96 g/t AuEq) over 24.70 m (SK-20-721)
- 2.69 g/t Au, 30 g/t Ag (3.09 g/t AuEq) over 33.92 m (SK-20-735)
- 3.20 g/t Au, 83 g/t Ag (4.31 g/t AuEq) over 29.35 m (SK-20-748)

21E Zone:
- 3.34 g/t Au, 160 g/t Ag (5.48 g/t AuEq) over 24.50 m (SK-20-742)
- 5.68 g/t Au, 38 g/t Ag (6.18 g/t AuEq) over 28.02 m (SK-20-752)
- 4.11 g/t Au, 164 g/t Ag (6.30 g/t AuEq) over 28.09 m (SK-20-757)
- 3.85 g/t Au, 53 g/t Ag (4.55 g/t AuEq) over 26.10 m (SK-20-759)
- 2.49 g/t Au, 213 g/t Ag (5.34 g/t AuEq) over 25.50 m (SK-20-763)
- 3.14 g/t Au, 114 g/t Ag (4.65 g/t AuEq) over 40.89 m (SK-20-764)

21B, HW Zones:
- 3.92 g/t Au, 26 g/t Ag (4.27 g/t AuEq) over 25.00 m (SK-20-754)
- 5.35 g/t Au, 113 g/t Ag (6.86 g/t AuEq) over 15.50 m (SK-20-773)

Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. True widths range from 70-100% of reported core lengths. Length weighted AuEq composites are constrained by geological considerations. Grade-capping of individual assays has not been applied to the Au and Ag assays informing the length-weighted AuEq composites. Metallurgical processing recoveries have not been applied to the AuEq calculation and are taken at 100%. Samples below detection limit were nulled to a value of zero.

New In-Pit Mineralization Discovered Above the 21C Zone

Situated within the open-pit contemplated by the Companys 2019 Preliminary Economic Assessment, a previously unrecognized zone of mineralization has been discovered above the 21C Zone. Examples of this recently drilled mineralization (21C-HW Zone) include 4.65 g/t Au, 11 g/t Ag (4.80 g/t AuEq) over 30.50 m (SK-20-780), 4.33 g/t Au, 13 g/t Ag (4.50 g/t AuEq) over 20.05 m (SK-20-692), and 1.39 g/t Au, 8 g/t Ag (1.49 g/t AuEq) over 29.25 m (and SK-20-698).

A subvertical, reactivated synvolcanic structure, this newly documented zone of discordant, replacement-style mineralization occurs uncharacteristically in the hanging-wall andesites and interflow sediments above the historically mined Contact Mudstones. To date, the 21C-HW Zone mineralization has been outlined over a strike length of 160 m and is open for expansion along strike and dip. Prior to the discovery of this mineralization, the only other occurrence of an economically mineralized synvolcanic structure in the hanging wall rocks of the Eskay Creek deposits occurs at the fittingly named HW (Hanging Wall) Zone, which is situated stratigraphically above the Contact Mudstones of the 21B Zone.

Although this newly developing zone is in its infancy, there are many positive implications associated with this finding from both a resource development and exploration perspective comments Paul Geddes, the Companys Vice President of Exploration and Resource Development. Firstly, this portion of the pit constrained resource was considered unmineralized waste rock due to a lack of drill hole sampling by previous operators and it will now likely translate into additional resources in the Companys upcoming resource update, which is expected to be released this spring. Secondly, this new information clearly demonstrates that the Eskay Creek mineralizing events in the hanging wall rocks were not constrained to a single locale as exemplified by the original HW Zone. This discovery fortifies the sizable exploration potential of this large-scale mineralizing system for both near mine and regional resource expansion.

21E Zone Continues to Validate High Tenor of Pit Constrained Mineralization

Equally as impressive are the tenor and widths that have recently been drilled in the 21E Zone as is highlighted by 27.13 g/t Au, 271 g/t Ag (30.74 g/t AuEq) over 10.00 m (SK-20-746) including impressive subintervals grading 109.00 g/t Au, 199 g/t Ag (111.65 g/t AuEq) over 1.00 m and 89.10 g/t Au, 2,450 g/t Ag (121.77 g/t AuEq) over 0.80 m. This intercept represents a 20 m step out and potential expansion of in-pit resources due to its location outside the limits of the existing resource model. The 21E Zone is situated on the eastern flank of the Eskay Creek deposits and represent a combination of primary exhalative mineralization overprinted and enriched by auriferous fluids during protracted reactivation of synvolcanic structures.

About Skeena

Skeena Resources Limited is a Canadian mining exploration company focused on revitalizing the past-producing Eskay Creek gold-silver mine located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Company released a robust Preliminary Economic Assessment in late 2019 and is currently focused on infill and exploration drilling to advance Eskay Creek to full Feasibility by the end of 2021. Additionally, Skeena continues exploration programs at the past-producing Snip gold mine.

On behalf of the Board of Directors of Skeena Resources Limited,

Walter Coles Jr.
President & CEO

Contact Information

Investor Inquiries: info(at)skeenaresources.com
Office Phone: +1 604 684 8725
Company Website: www.skeenaresources.com

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info(at)resource-capital.ch
www.resource-capital.ch

Qualified Persons

Exploration activities at the Eskay Creek Project are administered on site by the Companys Exploration Managers, Raegan Markel, P.Geo. and Adrian Newton, P.Geo. In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Paul Geddes, P.Geo. Vice President Exploration and Resource Development, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting the exploration activities on its projects.

Quality Assurance - Quality Control

Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently securely stored on site. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by the Companys Qualified Person, Paul Geddes, P.Geo, Vice President Exploration and Resource Development.

Drill core samples are submitted to ALS Geochemistrys analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed and 1 kg is pulverized. Analysis for gold is by 50 g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 0.01 ppm and upper limit of 100 ppm. Samples with gold assays greater than 100 ppm are re-analyzed using a 50 g fire assay fusion with gravimetric finish. Analysis for silver is by 50 g fire assay fusion with gravimetric finish with a lower limit of 5ppm and upper limit of 10,000 ppm. Samples with silver assays greater than 10,000 ppm are re-analyzed using a gravimetric silver concentrate method. A selected number of samples are also analyzed using a 48 multi-element geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS) and also for mercury using an aqua regia digest with Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) finish. Samples with sulfur reporting greater than 10% from the multi-element analysis are re-analyzed for total sulfur by Leco furnace and infrared spectroscopy.

Cautionary note regarding forward-looking statements

Certain statements made and information contained herein may constitute forward looking information and forward looking statements within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet managements expectations. Forward-looking statements and information may be identified by such terms as anticipates, believes, targets, estimates, plans, expects, may, will, could or would. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Table 1: Eskay Creek Project 2020 Length-Weighted Drill Hole Gold and Silver Composites:

Hole-IDFrom To (m) Core Au Ag AuEq (gZone
(m) Length (g/t) (g/t) /t)

SK-20-678.40 98.45 20.05 4.33 13 4.50 21C
92

Incl79.40 80.40 1.00 9.89 19 10.14 21C
uding

SK-20-679.05 108.30 29.25 1.39 8 1.49 21C
98

SK-20-6120.25 135.30 15.05 1.77 71 2.72 21C
98

SK-20-7121.65 160.00 38.35 2.43 33 2.86 21C
20

Incl142.94 143.82 0.88 21.20 8 21.31 21C
uding

and 143.82 145.00 1.18 9.99 13 10.16 21C
SK-20-7127.30 152.00 24.70 3.87 7 3.96 21C
21

Incl138.24 139.07 0.83 15.10 <5 15.10 21C
uding

and 139.07 139.72 0.65 10.05 <5 10.05 21C
and 139.72 140.37 0.65 10.60 <5 10.60 21C
and 140.37 141.36 0.99 13.90 7 13.99 21C
SK-20-7123.66 129.50 5.84 1.15 14 1.34 21C
22

SK-20-7137.00 152.00 15.00 3.38 10 3.52 21C
22

Incl138.00 138.50 0.50 49.30 27 49.66 21C
uding

SK-20-718.00 21.10 3.10 3.37 100 4.70 21E
23

SK-20-727.80 40.86 13.06 1.54 109 2.99 21E
23

Incl37.00 37.50 0.50 2.59 1515 22.79 21E
uding

SK-20-720.00 24.26 4.26 4.27 110 5.73 21E
24

Incl22.00 23.00 1.00 7.81 199 10.46 21E
uding

SK-20-735.50 46.00 10.50 1.77 258 5.21 21E
24

Incl45.00 45.50 0.50 3.36 3050 44.03 21E
uding

SK-20-7162.00 172.06 10.06 0.75 5 0.82 21C
26

SK-20-7175.00 179.03 4.03 1.24 5 1.31 21C
26

SK-20-7119.12 134.50 15.38 1.18 11 1.32 21E
27

SK-20-7143.50 153.00 9.50 0.70 40 1.23 21E
27

SK-20-7112.00 126.50 14.50 1.12 31 1.53 21E
28

SK-20-7129.50 150.00 20.50 1.17 107 2.60 21E
28

Incl136.87 137.50 0.63 1.84 999 15.16 21E
uding

SK-20-7141.72 147.52 5.80 1.32 8 1.43 21C
29

SK-20-77.64 22.85 15.21 1.43 370 6.36 HW
31

Incl13.00 16.00 3.00 2.55 1475 22.22 HW
uding

SK-20-732.58 45.00 12.42 0.66 35 1.12 HW
31

SK-20-78.70 17.42 8.72 6.33 884 18.11 HW
32

Incl8.70 10.00 1.30 11.05 5460 83.85 HW
uding

and 10.00 11.00 1.00 12.75 253 16.12 HW
and 11.00 12.50 1.50 13.85 128 15.56 HW
SK-20-720.50 23.00 2.50 0.73 20 0.99 HW
32

SK-20-727.00 38.00 11.00 0.82 9 0.94 HW
32

SK-20-7126.00 134.23 8.23 4.51 480 10.91 21C
35

Incl127.00 128.00 1.00 7.03 923 19.34 21C
uding

and 128.00 128.97 0.97 0.99 1180 16.72 21C
and 130.20 131.00 0.80 3.70 932 16.13 21C
and 131.00 131.60 0.60 16.85 966 29.73 21C
and 132.10 133.10 1.00 7.73 172 10.02 21C
SK-20-7147.80 159.00 11.20 4.23 231 7.31 21C
35

Incl147.80 148.80 1.00 1.04 759 11.16 21C
uding

and 148.80 149.80 1.00 1.30 1030 15.03 21C
and 149.80 150.53 0.73 1.50 768 11.74 21C
and 154.23 155.00 0.77 31.00 46 31.61 21C
and 155.00 156.00 1.00 13.05 13 13.22 21C
SK-20-7162.08 196.00 33.92 2.69 30 3.09 21C
35

Incl176.50 178.00 1.50 23.00 90 24.20 21C
uding

and 178.00 178.50 0.50 7.36 225 10.36 21C
SK-20-7200.50 207.96 7.46 0.96 7 1.04 21C
35

SK-20-7210.50 215.00 4.50 1.39 5 1.46 21C
35

SK-20-747.50 52.00 4.50 3.82 211 6.63 21E
36

SK-20-755.55 58.50 2.95 0.61 113 2.12 21E
36

SK-20-767.45 74.21 6.76 1.40 15 1.60 21E
37

SK-20-792.45 105.50 13.05 1.03 141 2.91 21E
37

Incl102.50 104.00 1.50 1.26 1040 15.13 21E
uding

SK-20-7109.00 135.45 26.45 2.53 42 3.09 21E
38

SK-20-753.81 56.00 2.19 1.56 6 1.64 21E
39

SK-20-7100.64 115.50 14.86 8.02 541 15.23 21E
40

Incl106.50 107.97 1.47 17.80 4820 82.07 21E
uding

and 107.97 109.50 1.53 20.10 387 25.26 21E
and 111.00 112.50 1.50 13.15 7 13.24 21E
and 112.50 114.00 1.50 12.90 13 13.07 21E
SK-20-765.00 67.27 2.27 1.34 10 1.47 21E
41

SK-20-7148.50 160.00 11.50 1.74 21 2.01 21E
41

SK-20-74.76 14.25 9.49 1.36 26 1.71 21E
42

SK-20-722.00 30.52 8.52 0.57 48 1.21 21E
42

SK-20-753.00 56.00 3.00 1.12 7 1.21 21E
42

SK-20-760.00 84.50 24.50 3.34 160 5.48 21E
42

Incl62.00 63.00 1.00 3.58 723 13.22 21E
uding

and 63.00 64.00 1.00 3.91 592 11.80 21E
and 64.00 64.91 0.91 3.22 820 14.15 21E
and 64.91 65.86 0.95 2.78 691 11.99 21E
and 79.60 81.00 1.40 9.46 60 10.26 21E
SK-20-773.00 83.00 10.00 1.35 39 1.87 21E
43

SK-20-786.00 100.00 14.00 1.61 6 1.69 21E
43

SK-20-733.20 35.20 2.00 0.33 44 0.92 21E
44

SK-20-773.65 93.50 19.85 1.78 11 1.94 21E
44

SK-20-779.35 104.50 25.15 1.55 19 1.81 21E
45

SK-20-7109.20 111.50 2.30 0.53 45 1.13 21E
45

SK-20-756.00 66.00 10.00 27.13 271 30.74 21E
46

Incl59.44 60.40 0.96 29.30 36 29.78 21E
uding

and 60.40 61.40 1.00 109.00 199 111.65 21E
and 61.40 62.20 0.80 89.10 2450 121.77 21E
and 62.20 63.10 0.90 40.80 350 45.47 21E
and 63.10 64.00 0.90 11.95 42 12.51 21E
SK-20-781.06 86.45 5.39 2.13 36 2.60 21E
46

Incl85.40 85.90 0.50 8.51 143 10.42 21E
uding

SK-20-73.77 8.50 4.73 0.43 218 3.33 21E
47

SK-20-713.00 26.30 13.30 0.87 154 2.92 21E
47

Incl20.50 22.00 1.50 1.89 1065 16.09 21E
uding

SK-20-7118.00 120.50 2.50 0.10 246 3.38 21C
48

SK-20-7126.91 133.28 6.37 3.35 596 11.30 21C
48

Incl126.91 127.50 0.59 6.04 770 16.31 21C
uding

and 127.50 128.50 1.00 3.14 1505 23.21 21C
and 128.50 129.00 0.50 1.08 808 11.85 21C
and 129.00 129.67 0.67 12.50 549 19.82 21C
SK-20-7145.15 174.50 29.35 3.20 83 4.31 21C
48

Incl159.00 160.00 1.00 12.45 40 12.98 21C
uding

and 170.81 171.73 0.92 8.68 192 11.24 21C
and 171.73 173.00 1.27 11.15 14 11.34 21C
SK-20-7180.50 198.61 18.11 0.90 19 1.16 21C
48

SK-20-7201.50 220.50 19.00 1.13 5 1.20 21C
48

SK-20-79.18 27.15 17.97 1.15 176 3.50 21E
49

Incl24.90 25.70 0.80 2.55 2180 31.62 21E
uding

SK-20-749.30 94.00 44.70 2.01 54 2.73 21E
49

Incl90.00 91.00 1.00 1.95 1075 16.28 21E
uding

SK-20-710.58 24.00 13.42 1.06 75 2.06 21E
50

SK-20-754.60 65.00 10.40 6.01 6 6.09 21E
50

Incl60.63 62.00 1.37 14.10 <5 14.10 21E
uding

SK-20-79.00 15.68 6.68 0.84 21 1.12 21E
51

SK-20-718.50 21.50 3.00 0.91 40 1.43 21E
51

SK-20-745.50 57.00 11.50 2.25 5 2.32 21E
51

SK-20-78.26 14.00 5.74 0.84 79 1.90 21E
52

SK-20-719.50 27.00 7.50 0.85 29 1.24 21E
52

SK-20-747.98 76.00 28.02 5.68 38 6.18 21E
52

Incl59.68 60.64 0.96 21.30 129 23.02 21E
uding

and 64.90 66.00 1.10 11.00 8 11.11 21E
and 67.50 69.00 1.50 17.40 104 18.79 21E
and 69.00 70.50 1.50 14.50 64 15.35 21E
and 70.50 71.75 1.25 9.64 41 10.19 21E
SK-20-7142.70 160.00 17.30 2.54 5 2.61 21B
53

SK-20-7165.50 168.00 2.50 0.79 5 0.85 21B
53

SK-20-7147.00 172.00 25.00 3.92 26 4.27 21B
54

Incl166.00 167.50 1.50 9.76 56 10.51 21B
uding

and 167.50 169.00 1.50 11.30 84 12.42 21B
SK-20-7176.50 179.50 3.00 0.77 5 0.84 21B
54

SK-20-7168.32 171.00 2.68 8.26 5 8.32 21C
56

Incl168.32 169.50 1.18 12.05 5 12.12 21C
uding

SK-20-7181.50 187.50 6.00 0.99 5 1.05 21C
56

SK-20-756.21 58.65 2.44 1.73 37 2.21 21E
57

SK-20-7101.91 130.00 28.09 4.11 164 6.30 21E
57

Incl103.79 105.00 1.21 12.65 121 14.26 21E
uding

and 112.20 113.26 1.06 21.30 630 29.70 21E
and 121.60 122.75 1.15 16.15 800 26.82 21E
and 122.75 124.18 1.43 4.07 1460 23.54 21E
SK-20-757.00 59.80 2.80 0.92 5 0.99 21E
59

SK-20-763.55 89.65 26.10 3.85 53 4.55 21E
59

Incl71.00 72.00 1.00 11.00 82 12.09 21E
uding

and 81.00 82.00 1.00 12.20 230 15.27 21E
and 82.00 83.00 1.00 9.18 150 11.18 21E
and 84.00 85.00 1.00 11.00 178 13.37 21E
and 85.00 85.65 0.65 10.70 144 12.62 21E
SK-20-764.15 81.50 17.35 1.89 37 2.37 21E
60

Incl71.50 72.85 1.35 9.94 110 11.41 21E
uding

SK-20-759.30 61.35 2.05 1.17 26 1.52 21E
61

SK-20-764.90 70.25 5.35 0.61 13 0.79 21E
61

SK-20-7108.25 111.95 3.70 3.41 15 3.61 21E
61

SK-20-7103.96 108.50 4.54 0.92 24 1.25 21E
62

SK-20-783.10 86.00 2.90 1.60 11 1.75 21E
63

SK-20-7114.50 140.00 25.50 2.49 213 5.34 21E
63

Incl115.90 117.40 1.50 9.33 76 10.34 21E
uding

and 128.75 129.50 0.75 13.35 4300 70.68 21E
and 131.00 131.90 0.90 4.30 434 10.09 21E
SK-20-774.11 115.00 40.89 3.14 114 4.65 21E
64

Incl101.03 103.00 1.97 9.49 684 18.61 21E
uding

and 103.00 105.00 2.00 19.15 86 20.30 21E
and 112.00 114.00 2.00 4.06 720 13.66 21E
SK-20-7158.50 162.60 4.10 1.03 5 1.10 21C
65

SK-20-7168.50 177.68 9.18 1.18 5 1.25 21C
65

SK-20-79.00 14.00 5.00 0.65 17 0.87 21E
66

SK-20-718.20 26.50 8.30 0.72 115 2.25 21E
66

SK-20-754.50 73.60 19.10 1.64 19 1.90 21E
66

SK-20-787.55 108.50 20.95 1.99 34 2.44 21E
67

SK-20-7113.00 120.00 7.00 2.54 8 2.64 21E
67

SK-20-739.00 43.00 4.00 0.63 29 1.01 21E
68

SK-20-766.70 69.50 2.80 0.29 511 7.10 21E
68

SK-20-783.00 97.50 14.50 5.60 22 5.89 21E
68

Incl93.00 94.50 1.50 12.25 15 12.45 21E
uding

and 94.50 96.00 1.50 23.30 23 23.61 21E
SK-20-784.50 90.00 5.50 1.25 8 1.36 21E
69

SK-20-796.00 99.00 3.00 0.57 60 1.36 21E
69

SK-20-7108.00 124.00 16.00 1.84 90 3.04 21E
69

SK-20-759.00 72.17 13.17 4.98 28 5.35 HW
70

Incl67.42 68.21 0.79 12.85 36 13.33 HW
uding

SK-20-762.88 82.10 19.22 4.15 94 5.40 HW
71

Incl69.97 70.66 0.69 81.10 1595 102.37 HW
uding

SK-20-771.74 78.00 6.26 3.65 358 8.43 HW
72

Incl74.00 75.00 1.00 4.40 1065 18.60 HW
uding

and 75.00 76.13 1.13 6.45 300 10.45 HW
SK-20-769.50 85.00 15.50 5.35 113 6.86 HW
73

Incl73.00 74.00 1.00 25.90 166 28.11 HW
uding

and 74.00 76.26 2.26 11.15 569 18.74 HW
SK-20-7118.00 120.30 2.30 5.77 67 6.66 21B
74

Incl119.75 120.30 0.55 15.15 243 18.39 21B
uding

SK-20-7128.60 138.50 9.90 3.14 36 3.62 21B
74

Incl134.00 135.50 1.50 9.59 97 10.88 21B
uding

SK-20-7143.00 153.00 10.00 1.30 13 1.48 21B
74

SK-20-7173.00 183.50 10.50 2.37 58 3.14 21B
74

Incl178.00 179.00 1.00 15.95 550 23.28 21B
uding

SK-20-7122.50 125.50 3.00 1.65 8 1.76 21B
75

SK-20-7133.50 154.00 20.50 2.15 110 3.62 21B
75

Incl134.00 135.00 1.00 16.30 305 20.37 21B
uding

and 136.50 137.00 0.50 3.63 1400 22.30 21B
and 137.00 137.50 0.50 4.14 1360 22.27 21B
SK-20-7162.00 165.00 3.00 0.69 12 0.85 21B
75

SK-20-7168.50 177.50 9.00 1.82 9 1.94 21B
75

SK-20-7182.00 186.50 4.50 1.40 5 1.47 21B
75

SK-20-7140.00 150.00 10.00 9.00 68 9.91 21E
76

Incl141.00 142.50 1.50 20.90 83 22.01 21E
uding

and 144.00 145.50 1.50 10.85 50 11.52 21E
and 145.50 147.00 1.50 14.15 100 15.48 21E
SK-20-731.00 33.21 2.21 1.51 24 1.83 21E
77

SK-20-728.00 30.50 2.50 0.89 30 1.29 21E
78

SK-20-7142.85 154.00 11.15 3.80 30 4.20 21E
78

SK-20-778.50 109.00 30.50 4.65 11 4.80 21C
80

Incl86.60 88.10 1.50 19.85 20 20.12 21C
uding

SK-20-7112.40 114.65 2.25 1.04 10 1.17 21C
80

SK-20-7120.55 123.40 2.85 4.33 41 4.88 21C
80

Incl121.40 122.40 1.00 10.75 82 11.84 21C
uding

SK-20-7126.60 148.00 21.40 3.27 8 3.37 21C
80

Incl128.60 130.00 1.40 11.75 21 12.03 21C
uding

and 130.00 131.00 1.00 11.80 14 11.99 21C
SK-20-738.40 42.96 4.56 1.70 5 1.76 HW
81

SK-20-748.00 56.05 8.05 2.61 5 2.67 HW
82

SK-20-734.00 36.00 2.00 1.07 5 1.14 HW
83

SK-20-740.00 50.00 10.00 2.59 16 2.81 HW
83

SK-20-732.00 44.50 12.50 2.33 428 8.04 HW
84

Incl40.00 41.50 1.50 3.73 774 14.05 HW
uding

and 41.50 43.00 1.50 2.70 1515 22.90 HW
SK-20-743.40 51.15 7.75 2.04 257 5.47 HW
86

Incl49.00 49.70 0.70 4.72 1925 30.39 HW
uding

SK-20-754.30 60.30 6.00 1.35 63 2.19 HW
86

SK-20-734.13 36.30 2.17 0.64 13 0.81 HW
87

SK-20-739.75 46.50 6.75 2.03 41 2.58 HW
87

SK-20-750.17 53.70 3.53 1.20 88 2.37 HW
87

SK-20-759.70 63.00 3.30 0.51 62 1.34 HW
87

SK-20-7175.17 219.50 44.33 2.22 23 2.52 21C
88

SK-20-763.95 66.08 2.13 1.24 23 1.55 21E
93

SK-20-770.50 102.56 32.06 2.29 30 2.69 21E
93

Incl98.50 99.41 0.91 17.15 174 19.47 21E
uding

SK-20-842.25 44.36 2.11 5.96 253 9.33 21B/NEX
07

SK-20-854.35 64.30 9.95 1.27 13 1.43 21B/NEX
07

SK-20-868.00 75.00 7.00 1.12 5 1.19 21B/NEX
07

SK-20-7 ABANDON
25 ED

SK-20-7 ABANDON
30 ED

SK-20-7 NOT
33 DRILLE
D

SK-20-7 NOT
34 DRILLE
D

SK-20-7 ABANDON
55 ED

SK-20-7 ABANDON
58 ED

SK-20-7 ABANDON
79 ED

SK-20-7 ABANDON
85 ED

SK-20-7 NOT
89 DRILLE
D

SK-20-7 NOT
90 DRILLE
D

SK-20-7 NOT
91 DRILLE
D

SK-20-7 NOT
92 DRILLE
D

SK-20-7 ASSAYS PENDING
94

SK-20-7 NOT
95 DRILLE
D

SK-20-7 NOT
96 DRILLE
D

SK-20-7 NOT
97 DRILLE
D

SK-20-7 NOT
98 DRILLE
D

SK-20-7 NOT
99 DRILLE
D

SK-20-8 NOT
00 DRILLE
D

SK-20-8 NOT
01 DRILLE
D

SK-20-8 NOT
02 DRILLE
D

SK-20-8 NOT
03 DRILLE
D

SK-20-8 NOT
04 DRILLE
D

SK-20-8 NOT
05 DRILLE
D

SK-20-8 NOT
06 DRILLE
D

Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. True widths range from 70-100% of reported core lengths. Length weighted AuEq composites are constrained by geological considerations. Grade-capping of individual assays has not been applied to the Au and Ag assays informing the length-weighted AuEq composites. Metallurgical processing recoveries have not been applied to the AuEq calculation and are taken at 100%. Samples below detection limit were nulled to a value of zero. NSA - No Significant Assays.

Table 2: Mine Grid Drill Hole Locations and Orientations:

Hole-IDEasting Northing ElevationLength Azimuth Dip
(m) (m) (m) (m) (°) (°)

SK-20-69718.0 10727.4 876.5 102.6 114.0 -72.0
92

SK-20-69717.6 10728.0 885.2 148.3 130.3 -69.2
98

SK-20-79757.6 10745.1 893.2 160.0 150.0 -76.0
20

SK-20-79757.2 10745.9 894.0 152.0 170.1 -83.0
21

SK-20-79756.8 10745.3 894.1 152.0 180.0 -78.1
22

SK-20-710080.4 10292.6 967.7 50.0 42.9 -74.9
23

SK-20-710078.3 10295.9 974.3 46.0 260.1 -82.1
24

SK-20-79718.0 10727.4 876.5 31.0 90.1 -51.2
25

SK-20-79718.4 10727.2 882.0 190.0 92.4 -51.0
26

SK-20-710142.3 10496.9 961.2 153.0 265.8 -71.0
27

SK-20-710142.8 10495.8 963.5 150.0 250.2 -70.1
28

SK-20-79755.3 10753.6 883.7 160.0 57.3 -76.9
29

SK-20-79880.2 10677.4 934.9 16.0 118.5 -88.2
30

SK-20-79952.1 10791.4 891.5 45.0 50.0 -81.0
31

SK-20-79947.0 10815.8 884.2 45.0 100.2 -85.2
32

SK-20-79762.7 10287.7 1019.7 220.0 145.1 -81.0
35

SK-20-710102.9 10643.3 929.6 75.0 90.0 -77.0
36

SK-20-710099.1 10641.9 928.9 115.0 270.2 -57.1
37

SK-20-710099.4 10642.7 929.9 150.0 269.9 -75.0
38

SK-20-710099.3 10642.8 930.8 56.0 269.9 -69.0
39

SK-20-710099.1 10641.2 930.5 120.0 270.0 -63.1
40

SK-20-710099.9 10642.9 930.6 160.0 269.8 -80.3
41

SK-20-710105.3 10305.4 974.4 103.0 134.9 -84.2
42

SK-20-710082.5 10602.1 931.2 100.0 270.4 -79.4
43

SK-20-710082.2 10602.5 932.3 97.0 270.1 -71.2
44

SK-20-710084.7 10612.9 933.5 120.0 270.2 -75.1
45

SK-20-710084.4 10613.4 933.6 94.0 270.2 -61.0
46

SK-20-710117.4 10303.3 973.3 30.0 187.5 -89.5
47

SK-20-79762.6 10287.6 1019.0 222.0 139.8 -85.6
48

SK-20-710112.2 10316.7 976.0 111.0 108.5 -89.8
49

SK-20-710112.6 10316.7 976.0 65.0 28.2 -80.0
50

SK-20-710112.1 10319.0 974.9 60.0 86.9 -75.1
51

SK-20-710112.6 10316.4 976.0 103.0 134.8 -80.1
52

SK-20-79880.2 10675.0 930.4 178.0 333.8 -89.5
53

SK-20-79862.3 10483.1 1002.4 195.4 110.0 -77.1
54

SK-20-710099.3 10642.8 930.6 59.7 270.3 -69.2
55

SK-20-79677.4 10720.5 860.0 230.0 103.9 -60.1
56

SK-20-710099.0 10642.0 930.9 130.0 270.0 -69.0
57

SK-20-79718.0 10727.4 884.8 37.0 95.0 -50.0
58

SK-20-79999.3 10666.7 937.0 92.7 140.0 -71.0
59

SK-20-79999.1 10666.8 936.9 85.0 196.2 -83.1
60

SK-20-710109.3 10649.7 930.5 130.0 270.0 -62.1
61

SK-20-710108.5 10650.3 930.9 125.0 270.0 -55.0
62

SK-20-710109.1 10649.5 931.0 140.0 270.1 -68.0
63

SK-20-710098.9 10642.3 930.5 116.0 276.9 -45.1
64

SK-20-79717.6 10728.8 884.1 190.0 94.1 -49.0
65

SK-20-710110.4 10327.8 970.5 75.0 74.6 -89.8
66

SK-20-710133.2 10449.5 966.3 120.0 223.2 -70.3
67

SK-20-710133.6 10449.0 966.3 105.0 238.8 -60.0
68

SK-20-710134.4 10449.1 966.4 125.0 245.8 -77.0
69

SK-20-710010.9 10715.5 927.5 73.0 265.8 -75.0
70

SK-20-710009.3 10717.1 930.6 83.0 289.9 -56.9
71

SK-20-710010.5 10716.0 927.9 78.0 303.1 -68.1
72

SK-20-710010.1 10716.9 929.6 85.0 302.7 -57.0
73

SK-20-79865.4 10657.0 946.5 190.0 124.6 -54.7
74

SK-20-79866.3 10656.2 947.5 191.0 132.3 -57.1
75

SK-20-710154.1 10573.1 943.4 150.0 229.2 -52.1
76

SK-20-710155.0 10573.7 945.0 150.0 235.8 -50.0
77

SK-20-710154.4 10573.6 943.8 155.0 237.9 -55.1
78

SK-20-79675.2 10721.4 858.4 80.0 104.5 -68.2
79

SK-20-79717.7 10728.4 887.0 150.5 114.1 -72.0
80

SK-20-79962.6 10708.0 915.8 58.0 80.0 -80.1
81

SK-20-79962.6 10708.0 915.8 63.0 94.9 -66.0
82

SK-20-79962.4 10704.9 921.6 60.0 294.9 -68.0
83

SK-20-79963.1 10705.6 920.7 56.0 312.9 -79.0
84

SK-20-79675.2 10721.4 858.4 60.0 104.4 -69.5
85

SK-20-79986.9 10792.7 906.0 63.0 263.9 -85.0
86

SK-20-79984.1 10793.7 908.8 63.0 264.2 -68.0
87

SK-20-79675.2 10721.4 858.4 230.0 104.9 -69.5
88

SK-20-710098.3 10633.9 925.6 111.0 270.0 -54.0
93

SK-20-710098.3 10634.8 926.7 115.0 270.3 -61.0
94

SK-20-89936.6 10908.4 880.4 75.0 300.2 -72.9
07

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Datum: 17.02.2021 - 09:15 Uhr
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News-ID 1564814
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Die Pressemitteilung mit dem Titel:
"Skeena Discovers New In-Pit Mineralization at Eskay Creek Including 4.80 g/t AuEq over 30.50 metres

"
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