SOURCE: Skeena Resources Limited

Skeena Resources Limited

July 27, 2016 09:47 ET

Skeena Receives Drill Permits for Snip

VANCOUVER, BC--(Marketwired - July 27, 2016) - Skeena Resources Limited (TSX VENTURE: SKE) ("Skeena" or the "Company") is pleased to announce that exploration permits have been granted for the proposed diamond drill program on the Company's Snip gold project in the Golden Triangle of northwest British Columbia. As a result, crews are now mobilizing to site to prepare drill pads for the initial 6,000 metre drill program. It is anticipated that drilling will commence in the first week of August.

Drilling will target prospective structures that have been partially identified by historic drill intercepts in areas below and to the east of the historic mine production areas (see news release dated May 17, 2016). Crews will also begin establishing a camp on the property that will allow work to continue well into the fall.

About Skeena
Skeena Resources Limited is a junior Canadian mining exploration company focused on developing prospective base and precious metal properties in the Golden Triangle region of northern British Columbia, Canada. The Company's primary activities are the evaluation and development of the Spectrum gold project and adjacent GJ copper-gold project as well as exploration on the recently optioned past-producing Snip gold mine, acquired from Barrick Gold Corp. Skeena's management includes a highly experienced team of mine-finders, including Ron Netolitzky, Chairman of the Board.

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

Walt Coles Jr.
President & CEO

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

Contact Information

  • For Further Information Contact:
    Walt Coles Jr.
    President & CEO
    or
    Tony Perri
    Investor Relations Manager
    Email: tperri@skeenaresources.com

    Suite 650, 1021 West Hastings Street
    Vancouver, BC, Canada, V6E 0C3
    Tel: (604) 684-8725
    Fax: (604) 558-7695