Skeena Resources seeks three-peat in Golden Triangle – by Michael Allan McCrae ( – September 1, 2015)

Skeena Resources (CVE:SKE) is working the ground where it’s legendary chairman, Ron K. Netolitzky, discovered both the Snip Mine and Eskay Creek.

Walter Coles, Jr., the company’s president and CEO, told during an interview that the company is in the midst of an aggressive drilling program on its Spectrum property, located in northwest British Columbia.

Spectrum is a structurally-hosted, high-grade, mesothermal gold deposit located in the prolific Golden Triangle, an area known for many discoveries and mines. Skeena’s corporate goal is to establish a 43-101 compliant, two to three million ounce, high-grade gold resource in multiple, closely spaced, steeply dipping, parallel zones. The Spectrum property includes 13 known gold prospects most of which have received no previous drilling.

Coles lauds his chairman’s experience in the area:

“Ron had some great fortune in the Golden Triangle region of northwest BC.,” says Coles.

“His first big project up there was called the Snip Mine, which produced a million ounces at about one ounce per tonne. It is held by Barrick Gold today. The other big success was something called Eskay Creek. It produced 3.5 million tonnes with an average grade of 49 grams per tonne gold. It is probably one of the highest grade mines put into production in Canada.

“Both of those historical mines are located very close to where we are exploring today, and we hope the third time will be a charm.”

This year Netolitzky was inducted into the Canadian Mining Hall of Fame. Netolizty was recently profiled by What is Skeena Resources?

Walter Coles, Jr.: Skeena Resources is a exploration company that is focused on a project in northwestern British Columbia. Can you tell me something about the Spectrum property?

Walter Coles, Jr.: Spectrum is a post discovery project. There is a historical resource of 240,000 ounces put together in the early ’90s, and for a variety of reasons this project has laid dormant. We have just acquired the project in October of 2014, and have launched on a drilling program with the hope of putting together a couple of million ounces of high grade gold.

For the rest of this article, click here: