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Tuesday, 11/24/2020 12:17:09 PM

Tuesday, November 24, 2020 12:17:09 PM

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Skeena Intersects 36.75 g/t AuEq over 18.32 metres in 21A Zone Infill Drilling at Eskay Creek

Vancouver, BC (November 24, 2020) Skeena Resources Limited (TSX: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to report additional diamond drill core results from the Phase 1 combined campaign of definition and exploration drilling at the Eskay Creek Project (“Eskay Creek” or the “Project”) located in the Golden Triangle of British Columbia. The Phase 2 infill program, focused upon resource category conversions for the Pre-Feasibility Study (“PFS”) on open-pit constrained resources, is on-going with eleven drill rigs currently active. Reference images are presented at the end of this release as well as on the Company’s website.

Eskay Creek Phase 1 Infill Drilling & 21A Zone Highlights:

5.15 g/t Au, 21 g/t Ag (5.44 g/t AuEq) over 31.12 m (SK-20-420)
36.66 g/t Au, 7 g/t Ag (36.75 g/t AuEq) over 18.32 m (SK-20-421)

22 Zone Highlights to Date:

6.89 g/t Au, 122 g/t Ag (8.52 g/t AuEq) over 48.74 metres (SK-20-389)
3.11 g/t Au, 106 g/t Ag (4.52 g/t AuEq) over 29.60 m (SK-20-384)
1.39 g/t Au, 195 g/t Ag (3.99 g/t AuEq) over 86.57 m (SK-20-406)
1.99 g/t Au, 127 g/t Ag (3.68 g/t AuEq) over 80.69 m (SK-20-415)
2.97 g/t Au, 57 g/t Ag (3.73 g/t AuEq) over 39.80 m (SK-20-416)
2.51 g/t Au, 62 g/t Ag (3.33 g/t AuEq) over 59.50 m (SK-20-423)

Read more at:
https://mailchi.mp/587b395f4aff/skeena-intersects-3675-gt-aueq-over-1832-metres-in-21a-zone-infill-drilling-at-eskay-creek?e=643847f53a
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