The company tested targets near the Meteor zone, where 2011 drilling cut 17.5 metres grading 88.35 grams silver, 1.11% lead and 3.39% zinc.
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For the full year, the company produced 75.3 million lb. of copper and 79,056 oz. of gold.
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The company seems to have no problem drilling bonanza grades, such as 12.26 g/t gold over 7.6 meters in hole CM-18-206, including 97.8 g/t over 0.8 meter
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Hole U18-1361 returned one of the highest grade drill holes ever completed at Red Mountain.
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For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.
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The company recently completed a surface drilling program on its Eskay Creek property in BC’s Golden Triangle.
The post Skeena hits long (15m) and strong (31 g/t) at Eskay Creek appeared first on MINING.com.
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Canadian Environment and Climate Change Minister, Catherine McKenna, said the proposed mine was not likely to have significant adverse effects if the 120 stipulated conditions were met.
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Gold Drop was mined intermittently from 1919 to the 1980’s and hosts 8 known gold bearing veins or vein systems.
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Shares of Benchmark are currently trading at 18¢ with a 52-week range of 16¢ to 39¢.
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The Vancouver-based miner is staking an additional Cu-Au porphyry target.
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