Company Updates From Management – Fri 25 Oct, 2019

Skeena Resources – The recent drill result of 314g/t AuEq over 2.21 meters is more exploration than infill drilling

Skeena Resources (TSX-V:SKE & OTCQX:SKREF) announced a round of drill results from the Eskay Creek Project earlier this week that consisted of two types of results. A couple holes were drilled into the Rhyolite zone which will be used to upgrade the current resource from inferred to indicated, which the other drill holes came from the Lower Mudstone area that had not been tested before. See the image below to help understand the different levels.

Walter Coles, President and CEO of Skeena joined me to provide some more details on the drilling and clarify what can be considered infill and what is more exploration. We compare both the infill and exploration results to the known grade of the overall resource as well as get an update on the drill plans into next year. We also touch on the progress of the PEA and when to expect to see that study released.

If you have any follow up questions for Walter or I please email me at

Click here to visit the Skeena website and read over the full news release. The figures at the bottom of the release really help outline the makeup of the deposit.