This intersection is located 60 metres west of Skeena’s current 21A zone pit-constrained resources. The mineralization remains open for expansion 120 metres to the north, and already occurs within the limits of the contemplated open-pit from the 2021 prefeasibility study, which showed open-pit reserves of 3.88 million ounces at 4.57 g/t gold-equivalent contained in 26.4 million tonnes.
Importantly, the high-grade gold and essentially negligible silver concentrations in this new discovery is uncharacteristic of rhyolite hosted mineralization at Eskay Creek.
“Due to a lack of drilling, this new discovery, which expands the 21A zone to the west, was considered waste rock in the currently proposed PFS reserve pit area,” Paul Geddes, Skeena’s vice president of exploration and resource development, noted. “We will work to expand and infill drill the 21A West zone and potentially bolster the pit-constrained resources…
