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Skeena Resources Ltd.

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Summary

Project:

Eskay Creek

Deposit:Eskay Creek
Location:Canada
Commodities:Gold-Silver
Date:9/9/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:9-9-2019: Skeena Resources Ltd. announces an Exploration/Drilling Update report for its Eskay Creek deposit at the Eskay Creek project. Drilling results incl. 22.65m @ 17.93g/t Au, 15g/t Ag from 60.85m. Vancouver, BC (September 9, 2019) Skeena Resources L
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Paul Geddes (Internal)
ABSTRACT:Vancouver, BC (September 9, 2019) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce the first gold-silver drill results from the recently initiated Phase I surface drilling program at the Eskay Creek Project (“Eskay Creek”) located in the Golden Triangle of British Columbia. The 2019 Phase I program is being performed with two surface drill rigs in the 21A, 21E and 22 Zones to infill and upgrade areas of inferred resources to the indicated category. Drillhole results reported in this release are from the 21A Zone. Reference images are presented at the end of this release as well as on the Company’s website. Prior to the 2019 infill drilling program, the western lobe of the 21A Zone mineralization was interpreted to be exclusively hosted in the tabular contact mudstone which ranges from 1 to 10 metres true vertical thickness. However, recently completed 2019 drillholes SK-19-057 and SK-19-058 have now discovered a previously unidentified hydrothermal vent in this location having intersected significantly larger intervals grading 17.38 g/t Au, 113 g/t Ag, (18.88 g/t AuEq) over 18.50 metres and 17.93 g/t Au, 15 g/t Ag, (18.13 g/t AuEq) over 22.65 metres respectively.

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