Mexico’s proposed higher mining royalties could block nearly $7bn in investments
The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
Skeena Resources (TSX.V: SKE) announced the final gold-silver assays from the 2019 Phase I surface drilling program at the Eskay Creek Project in the Golden Triangle of British Columbia, Canada.
Four ground-based surface drill rigs were utilized for the 2019 Phase I program to infill and upgrade areas of Inferred resources to the Indicated classification. The company intersected 22.59 g/t over 14.33 metres.
“The 2019 Phase I infill program at Eskay Creek continues to demonstrate the excellent continuity of the current resource model which is derived largely from historical drilling”, said president and CEO Walter Coles Jr.
Exploratory drilling is scheduled to commence in the coming weeks.
