VANCOUVER, BC / ACCESSWIRE / April 16, 2021 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) (&#34;Skeena&#34; or the &#34;Company&#34;) is pleased to announce that the C$5 million investment by the Tahltan Central Government into Skeena, referenced in the joint press release dated March 31, 2021, closed today.

About Skeena

Skeena Resources Limited is a Canadian mining exploration company focused on revitalizing the past-producing Eskay Creek gold-silver mine located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Company released a robust Preliminary Economic Assessment in late 2019 and is currently focused on infill and exploration drilling to advance Eskay Creek to full Feasibility by the end of 2021. Additionally, Skeena continues exploration programs at the past-producing Snip gold mine.

On behalf of the Board of Directors of Skeena Resources Limited,

Walter Coles Jr. 
President &amp; CEO

Contact Information

Investor Inquiries: [email protected] 
Office Phone: +1 604 684 8725 
Company Website: www.skeenaresources.com

Cautionary note regarding forward-looking statements

Certain statements made and information contained herein may constitute &#34;forward looking information&#34; and &#34;forward looking statements&#34; within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as &#34;anticipates&#34;, &#34;believes&#34;, &#34;targets&#34;, &#34;estimates&#34;, &#34;plans&#34;, &#34;expects&#34;, &#34;may&#34;, &#34;will&#34;, &#34;could&#34; or &#34;would&#34;. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Skeena Resources Limited

VANCOUVER, BC / ACCESSWIRE / April 16, 2021 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) ("Skeena" or the "Company") is pleased to announce that the C$5 million investment by the Tahltan Central Government into Skeena, referenced in the joint press release dated March 31, 2021, closed today.

Skeena Closes Previously Announced C$5 Million Investment from Tahltan Nation