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Wednesday, 02/26/2020 8:48:17 AM

Wednesday, February 26, 2020 8:48:17 AM

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Skeena Intersects 22.59 g/t AuEq over 14.33 metres at Eskay Creek

Vancouver, BC (February 26, 2020) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce the final gold-silver assays from the 2019 Phase I surface drilling program at the Eskay Creek Project (“Eskay Creek”) located in the Golden Triangle of British Columbia. Four ground-based surface drill rigs were utilized for the 2019 Phase I program in the 21A, 21E and HW Zones to infill and upgrade areas of Inferred resources to the Indicated classification. A total of 14,266 metres over 209 holes were drilled. Drill hole results reported in this release are from the 21E and HW Zones. Reference images are presented at the end of this release as well as on the Company’s website.

Phase I Eskay Creek Drilling Highlights:

13.24 g/t Au, 701 g/t Ag (22.59 g/t AuEq) over 14.33 m (SK-19-246) – HW Zone
Including: 5.18 g/t Au, 5,860 g/t Ag (83.31 g/t AuEq) over 0.90 m
And: 1.75 g/t Au, 1,235 g/t Ag (18.22 g/t AuEq) over 1.05 m
And: 1.23 g/t Au, 1,895 g/t Ag (26.50 g/t AuEq) over 0.85 m
And: 176.00 g/t Au, 1,530 g/t Ag (196.40 g/t AuEq) over 0.90 m
2.58 g/t Au, 51 g/t Ag (3.26 g/t AuEq) over 25.00 m (SK-19-222A) – 21E Zone
3.36 g/t Au, 40 g/t Ag (3.89 g/t AuEq) over 14.00 m (SK-19-217) – 21E Zone
1.94 g/t Au, 166 g/t Ag (4.16 g/t AuEq) over 13.50 m (SK-19-237) – 21E Zone

Read more at:
https://www.skeenaresources.com/news/skeena-intersects-22-59-g-t-aueq-over-14-33-metres-at-eskay-creek
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