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August 9, 2018

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douginil   Thursday, 08/09/18 11:18:24 AM
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August 9, 2018

Skeena Intersects 10.52 g/t Gold Over 4.10 Metres at Snip

Vancouver, BC (August 9, 2018) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to report additional assay results for six drill holes from the Phase II underground drilling program at the Company’s 100% owned Snip Gold Project (“Snip”) located in the Golden Triangle of British Columbia.

The Phase II drilling program is now complete. A total of 9,583 metres was drilled over 48 underground drill holes and two surface drill holes. Building upon the data gathered from the Phase I campaign, the Phase II program was designed to expand newly modelled zones via widely spaced exploratory drill step-outs, further delineate known mineralization in areas of low drilling density and validate the historical data in preparation for a maiden resource estimate at Snip. A reference mine section is presented at the end of this release, and on the Company’s website.

Phase II Drilling Highlights:

11.03 g/t Au over 3.00 m (UG18-101)
185.00 g/t Au over 0.60 m (UG18-101)
23.84 g/t Au over 1.50 m (UG18-103)
17.93 g/t Au over 2.00 m (UG18-103)
8.68 g/t Au over 3.90 m (UG18-103)
10.52 g/t Au over 4.10 m (UG18-104)

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