VANCOUVER, BC / January 19, 2022 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce the discovery of a significant zone of near surface, footwall style mineralization, the 23 Zone. This new zone is outside the limits of the Company's current pit-constrained mineral resources at the Eskay Creek gold-silver project ("Eskay Creek" or the "Project") located in the Golden Triangle of British Columbia. 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.

 

New 23 Zone Discovery Highlights:

 

0.99 g/t Au, 6.5 g/t Ag (1.08 g/t AuEq) over 90.00 m (SK-21-945)

1.30 g/t Au, 31.4 g/t Ag (1.72 g/t AuEq) over 43.39 m (SK-21-946)

2.14 g/t Au, 14.6 g/t Ag (2.33 g/t AuEq) over 59.91 m (SK-21-947)

Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. True widths and zone geometries cannot be definitively determined at this time. 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 / January 19, 2022 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce the discovery of a significant zone of near surface, footwall style mineralization, the 23 Zone. This new zone is outside the limits of the Company's current pit-constrained mineral resources at the Eskay Creek gold-silver project ("Eskay Creek" or the "Project") located in the Golden Triangle of British Columbia. 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.

 

New 23 Zone Discovery Highlights:

 

0.99 g/t Au, 6.5 g/t Ag (1.08 g/t AuEq) over 90.00 m (SK-21-945)

1.30 g/t Au, 31.4 g/t Ag (1.72 g/t AuEq) over 43.39 m (SK-21-946)

2.14 g/t Au, 14.6 g/t Ag (2.33 g/t AuEq) over 59.91 m (SK-21-947)

Gold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. True widths and zone geometries cannot be definitively determined at this time. 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.

Hole CM21-44 returned 3.76 g/t Au over 33.15 m including 7.16 g/t Au over 9.50 m

 

TORONTO, Jan. 13, 2022  - Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX: NHK) (OTCQX: MIMZF) is pleased to report assay results for thirteen (13) drillholes (totalling 5,373 metres) at the Cass Zone ("Cass"), along with twelve (12) holes (totalling 3,558 metres) drilled at the Kim Zone ("Kim").

 

Drilling at Cass (Figure 1 and 2) tested the depth extension of the known historical mineralization, where very limited drilling had previously been done below 200 metres ("m"). The host altered gabbro of the mineralization was intersected in every hole with visible gold encountered in three holes (CM21-44, CM21-46, and CM21-48). Hole CM21-44 was the highlight of this series returning high-grade gold mineralization across an extensive width of 33.15 m, demonstrating the potential of Cass, which remains open at depth and further to the east.

 

Keyvan Salehi, President & CEO commented "We are very pleased with the results released today from an area that continues to impress. The higher-grade nature of Cass mineralization at depth is an important milestone for this area, demonstrating potential for underground mining opportunities. While our goals for 2021 were focused on the delineation of near-surface, open pit ounces, this year and going forward, we will begin to allocate capital to test the depth extension of our deposits where the grade profile potentially supports the addition of underground resources to our existing global resource base."

2022-01-11 06:03 ET - News Release

 

Highlights include:

 

E2 GOLD ZONE (new zone)

PEX-20-034 returned 5.58 g/t Au over 13.85 m including 136.02 g/t Au over 0.55 m

PEX-21-066 returned 4.54 g/t Au over 8.45 m
 

GOLD-COPPER DONNA ZONE (new zone)

PE-21-318W1 returned 1.37 g/t Au and 0.25 % Cu over 56.00 m including 3.59 g/t Au and 0.72 % Cu over 14.70 m

PE-21-318 returned 0.79 g/t Au and 0.24 % Cu over 29.15 m

PE-21-318W2 returned 0.89 g/t Au and 0.20% Cu over 16.00 m
 

E3 GOLD ZONE (new zone)

PEX-20-003 returned 0.75 g/t Au over 33.80 m

UPPER HIGH GRADE ZONE (new zone)

PE-20-207W1 returned 18.79 g/t Au over 1.05 m

PE-20-190 returned 1.01 g/t Au over 17.20 m

PE-20-186A returned 4.08 g/t Au over 3.50 m