Skeena Resources Limited (SKE - NYSE)

[LongDonSilver]

"Vancouver, BC (January 17, 2023) Skeena Resources Limited (TSX: SKE, NYSE: SKE) (“Skeena” or the “Company”) is pleased to announce the signing of the permitting Process Charter and other key milestones in the approval process for the Eskay Creek gold-silver Project (“Eskay Creek” or the “Project”) located in Tahltan Territory in the Golden Triangle of British Columbia (“BC”).

The Process Charter is a unique collaboration between Skeena, the Tahltan Central Government (“TCG”), and the Government of BC (the “Province”). This document establishes a workplan for all parties to collaborate on an efficient Environmental Assessment (“EA”) and permitting process for Eskay Creek. The target timelines established in the Process Charter outline the EA Certificate being received in H2 2024 and final permits to be issued in H1 2025. These dates align with the development timeline anticipated for the Project.

Connor Pritty, TCG Lands Director commented, “The TCG recently finalized the Process Charter for Eskay Creek. This document focuses on the details of regulatory processes related to the Project. It is an example of how Skeena is continually working with the Tahltan Nation to redefine how project approval processes are carried out within our Territory. We are working together to effectively integrate Tahltan knowledge, process requirements and decision-making specific to Eskay Creek. The TCG Lands Department looks forward to continuing to work with the team at Skeena.”

Skeena’s President & CEO, Randy Reichert, goes on to comment “The Process Charter is a significant step forward in the approval process for Eskay Creek. The signing of this document demonstrates the commitment from all parties on permitting the Project in an efficient and timely matter. We appreciate the efforts and collaboration shown by both the TCG and the Province in achieving this major milestone.”

Environmental Assessment Update - Readiness Decision & Federal Substitution
Skeena has worked closely with the TCG, Federal and Provincial regulators, Indigenous Nations, and communities to advance the EA process for Eskay Creek. On November 18, 2022, both the EA Office and TCG provided a positive Readiness Decision for the Project which advanced it to the Process Planning stage. Then, on November 29, 2022, the Federal Minister of Environment and Climate Change approved the substitution of the impact assessment to the BC Environmental Assessment Office (“BCEAO”). The substitution decision means that instead of doing two separate assessments on Eskay Creek, the BCEAO conducts a single assessment that meets both Provincial and Federal requirements.

About Skeena
Skeena Resources Limited is a Canadian mining exploration and development 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 Feasibility Study for Eskay Creek in September 2022 which highlights an after-tax NPV5% of C$1.4B, 50% IRR, and a 1-year payback at US$1,700/oz Au and US$19/oz Ag.

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

Walter Coles Jr. Randy Reichert
Executive Chairman President & CEO"

[LongDonSilver]

"Vancouver, BC (April 5, 2023) Skeena Resources Limited (TSX: SKE, NYSE: SKE) (“Skeena” or the “Company”) announces that, effective immediately, Hochschild Mining PLC (“Hochschild”) has terminated its option to earn into 60% of the Snip Gold Project (“Snip” or the “Project”) in the Golden Triangle of British Columbia, Canada. This results in Skeena reassuming management of the Project and retaining 100% ownership.

Hochschild informed Skeena that they have satisfied the minimum annual expenditure requirements as highlighted in Skeena’s September 19, 2018 news release. This implies that, at minimum, Hochschild has spent C$15 million on Snip to date. Skeena will receive all data and information generated by Hochschild since their notification of intent to earn into a 60% interest on October 15, 2021.

Randy Reichert, Skeena’s President & CEO, commented “We are thrilled to have 100% of Snip back in our portfolio. In the months ahead, Skeena plans to investigate opportunities to bolster the Eskay Creek mine life by processing Snip ore at the Eskay Creek mill.”

About Skeena
Skeena Resources Limited is a Canadian mining exploration and development 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 Feasibility Study for Eskay Creek in September 2022 which highlights an after-tax NPV5% of C$1.4B, 50% IRR, and a 1-year payback at US$1,700/oz Au and US$19/oz Ag.

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

Walter Coles Jr.
Executive Chairman

Randy Reichert
President & CEO

Contact Information
Investor Inquiries: info@skeenaresources.com
Office Phone: +1 604 684 8725
Company Website: www.skeenaresources.com"

[LongDonSilver]

"
Vancouver, BC (May 24, 2023) Skeena Resources Limited (TSX: SKE, NYSE: SKE) (“Skeena” or the “Company”) today announced the closing of the previously announced bought deal offering of 10,005,000 common shares of the Company (the “Common Shares”) at a price of C$7.35 per Common Share (the "Offering Price") for gross proceeds of C$73,536,750 (the "Offering"), and which includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 1,305,000 Common Shares at the Offering Price.

Randy Reichert, Skeena’s President & CEO commented “We are very pleased to have successfully closed this C$73.5 million financing. These funds strongly position Skeena with the proceeds being used to complete key development milestones at the Eskay Creek Project including an on-site assay lab, earthworks and detailed engineering. We look forward to the work planned this summer as it represents a significant step in the advancement of Eskay Creek toward production.”

The Common Shares are offered by way of a prospectus supplement to the Company’s base shelf prospectus in all of the provinces of Canada, except the province of Québec, and by way of private placement in the United States.

BMO Capital Markets acted as sole bookrunner for the Offering, on behalf of a syndicate of underwriters which includes CIBC World Markets Inc., Raymond James Ltd., RBC Dominion Securities Inc., Desjardins Securities Inc., Clarus Securities Inc. and SCP Resource Finance LP (collectively, the "Underwriters").

The net proceeds of the Offering will be used for the continued advancement of the Company’s Eskay Creek gold-silver project and for general corporate purposes.

No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction."

[LongDonSilver]

"Vancouver, BC (June 15, 2023) Skeena Resources Limited (TSX: SKE, NYSE: SKE) (“Skeena” or the “Company”) announces that Justice Fisher of the Court of Appeal for British Columbia has granted the Company’s application for leave to appeal from the decision of the Supreme Court of British Columbia, which dismissed the Company’s appeal from the February 7, 2022 decision of the Chief Gold Commissioner. The Chief Gold Commissioner had concluded that Richard Mill, and not Skeena, owns the mineral rights to materials contained in the Albino Lake Storage Facility at Eskay Creek.

The decision allows Skeena’s appeal to proceed. The court decided that Skeena’s appeal raises legal issues of sufficient merit to warrant review by the Court of Appeal, and that the proper interpretation of the relevant legislation will be important to the resource extraction industry and other stakeholders.

No date has been set for the hearing of Skeena’s appeal. The Company will provide updates when more is known.

The material contained in the Albino Lake Storage Facility is not part of the Company’s Resource or Reserve Statements for Eskay Creek nor has it been included in any studies, including the September 2022 Feasibility Study for the Eskay Creek Project."

[LongDonSilver]

"
Vancouver, BC (June 20, 2023) Skeena Resources Limited (TSX: SKE, NYSE: SKE) (“Skeena” or the “Company”) is pleased to announce an updated Mineral Resource Estimate (“MRE”) for the 100% owned Eskay Creek gold-silver Project (“Eskay Creek” or the “Project”) located in the Golden Triangle of British Columbia. Effective June 20, 2023, the updated MRE incorporates an additional 278 drillholes totaling 67,885 metres, enhancements to the resource estimation methods, and updated metallurgical process recoveries.

2023 Eskay Creek MRE Highlights:

Total pit constrained Measured and Indicated Resource of 5.6 million ounces (“Moz”) at 3.47 g/t gold equivalent1 (“AuEq”) including 4.1 Moz at 2.57 g/t Au and 102.5 Moz Ag at 63.63 g/t Ag**
The pit constrained Measured and Indicated Resource has increased by 0.43 Moz AuEq1, representing a growth of 8%
Measured Category AuEq1 Resource increased by 23% and now accounts for 73% of the total pit constrained MRE, up from 63% in the previous estimate
MRE reported using conservative commodity prices of US$1,700/oz Au and US$23/oz Ag
Metallurgical process recoveries applied to Resource are 84% Au and 88% Ag"

More details at their website

[LongDonSilver]

"Vancouver, BC (July 18, 2023) Skeena Resources Limited (TSX: SKE, NYSE: SKE) (“Skeena” or the “Company”) is pleased to provide an update on several near-term catalysts expected to drive growth at its 100% owned Eskay Creek and Snip Projects (the “Projects”) located in the Golden Triangle of northwest British Columbia, Canada. This update is mainly focused on technical optimization of the Projects, specifically related to exploration, metallurgy, and engineering studies.

Randy Reichert, Skeena’s President & CEO, commented “We anticipate 2023 to be a transformational year for the Company as we progress from exploration and project studies into development. Skeena’s primary focus is continued growth at both Projects through advancement of engineering and metallurgical optimization. Several near-term milestones are expected in the second half of this year with a goal of growing the mine life and net present value of Eskay Creek, continuing to increase value for all stakeholders.”

Table 1: Near Term Value-Generating Catalysts for Skeena


Below highlights the details of the key technical updates in Table 1 that Skeena has recently completed or expects to complete in the near-term at both Eskay Creek and Snip.

Updated Mineral Resource Estimate for Eskay Creek (completed Q2 2023)
Skeena published an updated Mineral Resource Update (“MRE” or “Resource”) for Eskay Creek on June 20, 2023. This update highlighted a total increase of 8%, adding over 430,000 gold equivalent1 (“AuEq”) ounces to the MRE. With 73% of the Resource now being in the Measured and Indicated categories the Company expects a large percentage to convert to Reserves, potentially adding a year or more of mine life to Eskay Creek in the Q4 2023 Definitive Feasibility Study (“DFS”).

Increased Land Package Surrounding Eskay Creek (completed Q3 2023)
The Company recently increased its land package by acquiring five new claims surrounding Skeena’s existing Eskay Creek and Eskay North claims. These new claims cover the interpreted northeastern extension of the Eskay Creek Rift system, which has the potential to host additional mineralization. With a total land package now exceeding 100,000 hectares, the Company has one of the largest land positions held for mining in the mineral-rich Golden Triangle region of British Columbia.

Metallurgical Optimization & Simplified Flowsheet at Eskay Creek (expected Q3 2023)
Following the 2022 Eskay Creek Feasibility Study (“FS”), Skeena has continued metallurgical test work using representative samples of Eskay Creek material. The focus of this work has been to simplify the process flowsheet and improve the quality of the concentrate expected to be produced from the flotation plant. Recent testing has shown significant improvements in flotation concentrate quality due to better flotation kinetics and employing a finer re-grind particle size distribution. The Eskay Creek processing plant is now expected to be a traditional flotation plant with a single stage of rougher flotation and a simple re-grind and flotation cleaning circuit. This change represents a likely reduction in both process plant capital costs and operational costs. Gold recovery within the modified process is expected to be comparable to the 2022 FS.

Updated MRE for Snip (expected Q3 2023)
Skeena plans to release an updated MRE for their Snip Project which will incorporate an additional 307 drillholes totaling 46,268 metres of drilling. The majority of the new drilling was completed by Hochschild Mining under their option agreement before Skeena regained 100% ownership of the project on April 5, 2023. The additional drilling is expected to expand and upgrade Inferred ounces to the Indicated category.

Exploration Results from Eskay Creek (expected Q3/Q4 2023)
Three drills are currently operating at Eskay Creek, two of which are focused on the Eskay Deeps target in search of high-grade mineralization hosted in the Contact Mudstone at depth and along strike of the currently defined deposit. The third drill is focused on exploring for additional near mine mineralization that may be amenable to open-pit mining in proximity to the already defined resources at Eskay Creek. Assay results are expected to be released in fall 2023.

Skeena’s Senior Vice President of Exploration & Resource Development, Paul Geddes, commented “Our thesis that the mineralized Eskay Creek Rift system continues at depth beyond the delineated NEX Zone was proven in 2022 with drill hole SK-22-1081, which intersected 3.79 g/t Au, 59.4 g/t Ag over 32.19 metres. This new occurrence is 650 metres down-dip of the current Resource and opens up a substantial area of new exploration potential. We are excited for this new phase of exploration at Eskay Deeps to test the true size potential of the Rift.”'

[LongDonSilver]

"
Vancouver, BC (September 5, 2023) Skeena Resources Limited (TSX: SKE, NYSE: SKE) (“Skeena” or the “Company”) is pleased to announce an updated Mineral Resource Estimate (“MRE”) for the 100% owned Snip Gold Project (“Snip” or the “Project”) located in the Golden Triangle of British Columbia. Effective September 5, 2023, the updated MRE incorporates an additional 307 drillholes totaling 46,268 metres, enhancements to the geological interpretation, resource estimation methods, long hole mining method parameters, and updated metallurgical process recoveries.

2023 Snip MRE Highlights:

Updated MRE of 823,000 ounces grading 9.35 g/t Au in the Indicated category and 114,000 ounces grading 7.10 g/t Au in the Inferred category
An increase of 579,000 Au ounces in the Indicated Resource, representing a growth of 237% since the 2020 MRE
2021 and 2022 drilling programs heightened confidence of historical drilling data and improved certainty in continuity of the ore body
Metallurgical recovery increased to 96% from 90%

Randy Reichert, Skeena’s President & CEO commented “With the successful conversion of over 570,000 gold ounces to the Indicated category, we are very pleased with the updated Mineral Resource Estimate for Snip. This Resource will form the basis of a detailed engineering study with project economics, which we anticipate being released in H1 2024. The study will demonstrate the potential benefits of adding Snip mineralization to the Eskay Creek Project as a satellite operation, likely including an increased mine life and improved concentrate payabilities at Eskay Creek. We look forward to continuing to unlock value for all stakeholders as we advance the Project.”'

[LongDonSilver]

"Vancouver, BC (November 6, 2023) Skeena Resources Limited (TSX: SKE, NYSE: SKE) (“Skeena” or the “Company”) will release the key results of a Definitive Feasibility Study (“DFS”) for its 100% owned Eskay Creek Gold-Silver Project after the North American markets close on November 14, 2023. The Company will host a conference call to present the results of the DFS on November 15, 2023 at 8:00 AM PT / 11:00 AM ET. A presentation by management will be followed by an opportunity for Q&A.

Conference Call Webcast and Dial in Details:
Webcast URL with Audio – https://services.choruscall.ca/links...ces202311.html
Participant Telephone Numbers – Canada/US 1-800-319-4610, International Toll +1-604-638-5340
Definitive Feasibility Study Presentation - https://skeenaresources.com/investor...-presentation/ *presentation will be available on the morning of November 15, 2023

If you’d like to ask a question, please dial in. All callers should dial in 5-10 minutes prior to the scheduled start time and simply ask to join the call. If you’re unable to join the call, a replay will be made available here following the completion of the call.

About Skeena
Skeena Resources Limited is a Canadian mining exploration and development company focused on revitalizing the Eskay Creek and Snip Projects, two past-producing mines located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Company released a Feasibility Study for Eskay Creek in September 2022 which highlights an after-tax NPV5% of C$1.4B, 50% IRR, and a 1-year payback at US$1,700/oz Au and US$19/oz Ag.

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

Walter Coles Randy Reichert
Executive Chairman President & CEO "