GOLD: Skeena drilling cuts more high grades at Snip

[caption id="attachment_1003723262" align="aligncenter" width="485"] A technical crew enters the historic Snip gold mine last year via the 440 portal. (Image: Skeena Resources)[/caption] BRITISH COLUMBIA – Skeena Resources of Vancouver has received results from the first eight holes it drilled this year at the Snip gold project in the province’s Golden Triangle. The Snip mine produced about 1 million oz. of gold from 1991 to 1999 while it was owned by Barrick from a head grade of 27.5 g/t gold. The 2018 phase two drilling program will total 11,000 metres drilled from existing underground development. One priority is to expand the Eastern Twin zone in areas not thoroughly drilled earlier. Hole UG18-072 intersected 14.49 g/t gold over 4.05 metres, expanding the zone 320 metres below surface and 100 metres up-plunge. The new results line up well against last year’s 19.26 g/t over 11.85 metres and 11.21 g/t over 5.95 metres. Another area of interest is the 412 veining corridor, where infill drilling is underway in the footwall. An intercept of 11.74 g/t gold over 4.50 metres was made this year 25 metres west of last year’s hole that returned 25.90 g/t over 1.00 metre. The footwall is interpreted as a parallel, en echelon structure which is geologically and structurally similar to the Twin zone. Details about Skeena’s work at Snip is available at www.SkeenaResources.com.