VANCOUVER, BC / December 8, 2021 / Skeena Resources Limited (TSX:SKE )(NYSE:SKE ) ("Skeena" or the "Company") is pleased to report new drilling results from the 2021 Phase II Albino Waste Facility ("AWF") investigation at the Eskay Creek gold-silver project ("Eskay Creek" or the "Project") located in the Golden Triangle of British Columbia. This expansion program, totaling 212 m over 12 vertical drill holes, was completed utilizing an air rotary drill rig from the surface of the permitted AWF in Q4 2021. Analytical results from the recently completed drill holes are detailed in this release. Reference images are presented at the end of this release as well as on the Company's website.

 

Eskay Creek AWF Phase II 2021 Highlights:

 

5.90 g/t Au, 317 g/t Ag (10.13 g/t AuEq) over 16.77 m (SK-21-899)

4.53 g/t Au, 168 g/t Ag (6.77 g/t AuEq) over 12.20 m (SK-21-901)

5.84 g/t Au, 222 g/t Ag (8.80 g/t AuEq) over 13.72 m (SK-21-903)

3.39 g/t Au, 156 g/t Ag (5.47 g/t AuEq) over 16.77 m (SK-21-908)

3.76 g/t Au, 151 g/t Ag (5.77 g/t AuEq) over 16.76 m (SK-21-909)

 

Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. True widths equate to 100% of reported sample lengths. Grade-capping of individual assays has not been applied to the Au and Ag assays informing the length-weighted AuEq composites. Metallurgical processing recoveries have not been applied to the AuEq calculation and are taken at 100%. Samples below detection limit were nulled to a value of zero.

VANCOUVER, BC / December 8, 2021 / GATLING EXPLORATION INC. (TSXV:GTR)(OTCQB:GATGF) (the "Company" or "Gatling") is pleased to announce the completion of Phase II drilling at the Kir Vit prospect which totaled 5,330 m. Highlights include 1.4 g/t Au over 26.0 m in KV-21-30 within a larger intersection of 0.8 g/t Au over 54.0m, and 4.9 g/t Au over 4.0 m in KV-21-018 . Three mineralization styles have been identified at Kir Vit, indicating a large gold system is present in the area with multiple structural controls. Intersecting new mineralized horizons within the brecciated conglomerate also merits a follow-up program, since it is the largest geological unit at Kir Vit striking over 1 km with widths up to 600 m. Gatling is focused on expanding all mineralized envelopes with Phase III exploration and drilling in 2022.

 

Jason Billan, President and CEO for Gatling, commented, "The results of the recently completed 5,000 meter drill program have completely redefined the gold potential of the Kir Vit Prospect at the Larder Gold Project. Initial drilling at Kir Vit outlined promising near-surface gold intercepts near syenitic intrusions and shear-hosted structures in mafic volcanic rocks. The Phase II drilling was partially designed to probe a large, 1 km long by 600 m wide, package of Timiskaming Conglomerates containing hydrothermal breccia structures. The drill intersections in the shear structures yielded high-grade over shorter intervals, while hole KV-21-30 in the conglomerate zone suggests that Kir Vit has more to offer by exhibiting much larger widespread zones than recently discovered. This new mineralized unit, still heavily unexplored, is volumetrically large and will be the focus of our Phase III 2022 drilling at the Kir Vit prospect. We will be outlining our comprehensive exploration budget and program at the Larder Gold Project in early 2022."

163 g/t Au over 8.8 metres in Lynx 4

32.4 g/t Au over 5.7 metres in Triple Lynx

 

TORONTO, Dec. 08, 2021 -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.

 

Significant new analytical results presented below include 97 intercepts in 31 drill holes (12 from surface, 19 from underground) and 22 wedges. The infill intercepts are located inside defined February 2021 mineral resource estimate (“MRE”) blocks (see Osisko news release dated February 17,2021). The expansion intercepts are located outside the February 2021 MRE blocks and either expand resource wireframes or are in a defined zone or corridor but do not yet correlate to a specific wireframe.

 

Osisko Chief Executive Officer John Burzynski commented: “Today’s results underscore once again how much room there is to grow at Windfall with the headline holes located outside the resource released in February earlier this year. Targeted infill drilling also returned high-grade intercepts highlighting the robust grade of the deposit.”

 

Selected high-grade intercepts include: 163 g/t Au over 8.8 metres in OSK-W-21-1462-W11; 178 g/t Au over 2.9 metres in OSK-W-21-2551-W5; 135 g/t Au over 2.0 metres in OSK-W-21-1871-W1; 104 g/t Au over 2.4 metres in OSK-W-21-1949-W6; 95.2 g/t Au over 2.1 metres in OSK-W-21-2287-W7; 32.4 g/t Au over 5.7 metres in OSK-W-21-2540-W5, 49.4 g/t Au over 2.0 metres in WST-21-0903, 35.7 g/t Au over 2.4 metres in WST-21-0901, 21.5 g/t Au over 4.0 metres in OSK-W-21-2544-W2 and 42.7 g/t Au over 2.0metres in WST-21-0879. Maps showing hole locations and full analytical results are available at www.osiskomining.com.

See News Release (C-DV) Dolly Varden Silver Corp (2)

 

VANCOUVER, BC, Dec. 6, 2021  - Dolly Varden Silver Corporation  ("Dolly Varden") (TSXV: DV) (OTCQX: DOLLF) and Fury Gold Mines Ltd ("Fury") (TSX: FURY) (NYSE American: FURY) are pleased to announce that the companies have entered into a definitive agreement dated December 6, 2021 (the "Purchase Agreement") pursuant to which Dolly Varden will acquire from Fury, through the acquisition of Fury's wholly-owned subsidiary, a 100% interest in the Homestake Ridge gold-silver project  ("Homestake Project"), located adjacent to the Dolly Varden Project ("DV Project" and together with the Homestake Project, the "Kitsault Valley Project") in the Golden Triangle, British Columbia (the "Transaction").

 

The Homestake Project hosts a resource estimated to contain 165,993 ounces of gold and 1.8 million ounces of silver in the Indicated category and 816,719 ounces of gold and 17.8 million ounces of silver in the Inferred category (refer to further resource disclosure at the end of this release) within a 7,500 hectare land package located contiguous to and northwest of the DV Project. The close proximity of the deposits that make up the current mineral resource estimates, combined with common infrastructure in the region, is expected to generate substantial co-development synergies as these deposits are advanced in combination. The Transaction values the Homestake Project at CAD$50 million for which Dolly Varden will pay $5 million in cash and issue 76,504,590 Dolly Varden common shares to Fury, as further described below.