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Skeena Resources Ltd.

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Summary

Project:

Eskay Creek

Deposit:Eskay Creek
Location:Canada
Commodities:Gold-Silver
Date:2/11/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:11-2-2020: Skeena Resources Ltd. announces an Exploration/Drilling Update report for its Eskay Creek deposit at the Eskay Creek project. Drilling results incl. 18.26m @ 15.02g/t Au, 70g/t Ag from 98.24m. Vancouver, BC (February 11, 2020) Skeena Resources
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Paul Geddes (Internal)
ABSTRACT:Vancouver, BC (February 11, 2020) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce additional gold-silver drill results from the 2019 Phase I surface drilling program at the Eskay Creek Project (“Eskay Creek”) located in the Golden Triangle of British Columbia. Four surface drill rigs were utilized for the 2019 Phase I program in the 21A, 21E and HW Zones to infill and upgrade areas of Inferred resources to the Indicated classification. Drill hole results reported in this release are from the 21A, 21E and HW Zones. Reference images are presented at the end of this release as well as on the Company’s website. Infill drilling within the 21A Zone continues to improve upon historically defined grades as demonstrated by 2019 Phase I drill hole SK-19-172 which intersected 14.82 g/t AuEq over 31.30 metres. This drilling confirms the 21A Zone thickness as indicated by the nearest historical drill hole in the current mineral resource model which is located 20 metres down-dip and intersected slightly lower grade mineralization of 7.63 g/t AuEq over 26.90 metres (CA89-080).

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