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Wednesday, 10/14/2020 9:50:05 AM

Wednesday, October 14, 2020 9:50:05 AM

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Skeena Intersects 7.01 g/t AuEq over 20.00 metres in 21C Zone Infill Drilling at Eskay Creek

Vancouver, BC (October 14, 2020) Skeena Resources Limited (TSX: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to report additional drilling results from the Phase 1 combined definition and exploration drilling campaign at the Eskay Creek Project (“Eskay Creek” or the “Project") located in the Golden Triangle of British Columbia. Six helicopter-supported drill rigs are now active on the 2020 Phase 2 program with an additional five rigs to be added in the coming weeks. The Phase 2 infill program is focused on Pre-Feasibility Study (“PFS”) resource category conversions for the open-pit constrained resources. Reference images are presented at the end of this release as well as on the Company’s website.

Eskay Creek Drilling Highlights:
Water Tower Zone
• 4.58 g/t Au and 29 g/t Ag (4.96 g/t AuEq) over 27.60 m (SK-20-295)
o Including: 8.01 g/t Au and 36 g/t Ag (8.49 g/t AuEq) over 14.40 m
21C Zone
• 6.89 g/t Au and 10 g/t Ag ( 7.01 g/t AuEq) over 20.00 m (SK-20-281)
• 6.38 g/t Au and 7 g/t Ag ( 6.47 g/t AuEq) over 19.00 m (SK-20-282)
• 17.61 g/t Au and 11 g/t Ag (17.76 g/t AuEq) over 5.87 m (SK-20-283)
• 1.93 g/t Au and 39 g/t Ag ( 2.46 g/t AuEq) over 52.50 m (SK-20-299)
• 1.86 g/t Au and 12 g/t Ag ( 2.02 g/t AuEq) over 52.09 m (SK-20-300)
• 8.03 g/t Au and 168 g/t Ag ( 10.27 g/t AuEq) over 10.50 m (SK-20-330)

Read more at:
https://skeenaresources.com/news/skeena-intersects-7.01-g-t-aueq-over-20.00-metres-in-21c-zone-infill-drilling-at-eskay-creek/
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