Skeena Resources Ltd (SKE)

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Skeena Resources Limited

Vancouver, BC (September 15, 2020) Skeena Resources Limited (TSX: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce the discovery of high-grade gold-silver mineralization hosted 600 m below surface in the newly recognized Eskay Deeps prospect. Results presented here are from widely spaced deep exploration diamond drill holes into both the Eskay Deeps, hosted in the newly recognized Even Lower Mudstone (“ELM”) unit and the Water Tower Zone (“WTZ”). Six helicopter-supported drill rigs are currently active for the 2020 Phase I program focused in the 21A, 21B and 21C Zones for Pre-Feasibility Study (“PFS”) resource category conversions at the Eskay Creek Project (“Eskay Creek” or the “Project") located in the Golden Triangle of British Columbia. Reference images are presented at the end of this release as well as on the Company’s website.

Eskay Creek Exploration Drilling Highlights:

Eskay Deeps

- 5.72 g/t Au, 12 g/t Ag (5.88 g/t AuEq) over 17.00 m (SK-20-257)
Including: 20.29 g/t Au, 37 g/t Ag (20.78 g/t AuEq) over 3.50 m
- 15.38 g/t Au, 11 g/t Ag (15.53 g/t AuEq) over 3.18 m (SK-20-257)
Including: 44.60 g/t Au, 28 g/t Ag (44.97 g/t AuEq) over 1.00 m
17.45 g/t Au, 10 g/t Ag (17.58 g/t AuEq) over 1.38 m

Water Tower Zone

- 12.67 g/t Au, 22 g/t Ag (12.96 g/t AuEq) over 14.50 m (SK-20-289)
Including: 28.70 g/t Au, 29 g/t Ag (29.09 g/t AuEq) over 1.30 m
- 5.75 g/t Au, 14 g/t Ag (5.94 g/t AuEq) over 11.00 m (SK-20-289)
Including 13.25 g/t Au, 23 g/t Ag (13.56 g/t AuEq) over 1.50 m



Read more at:
https://mailchi.mp/257222998568/skeena-discovers-mineralization-at-eskay-deeps?e=643847f53a