Skeena Resources Limited (TSX.V: SKE) announces its 100% equity interest from three underlying vendors in the previously optioned 27,329 hectare Tropico copper-platinum-palladium-gold project in Sinaloa State, Mexico. The features of the new property include low-cost property, access to a paved highway, and major powerline supply located within 10 km of the coastal N-S rail line, and 25 km north of the deep water port of Mazatlan.
The press release is quoted as saying:
“The project area has had considerable prospecting, soil geochemistry and ground geophysics, originally by the Consejo De Recursos Minerales, by BHP Minerals and others in the late 1990’s. Soil geochemistry, extensive mechanical trenching and drilling during the period 1999 to 2002 were completed by a joint venture of Virginia Energy Resources Inc. (formerly Santoy Resources Ltd.) and Almaden Minerals Ltd. of Vancouver. This latter work was largely financed by Sumitomo Metal Mining Co. Ltd. of Japan. Historic expenditures are in the order of $4.5 million.”
