The exploration program will commence in mid to late summer and up to 3,000 metres of drilling will be completed.

The 2016 program is expected to run from early June through October, 2016 and will involve an initial program of ground investigation followed by drilling.

Skeena Resources Limited is pleased to announce an initial, independent National Instrument 43-101 Mineral Resource estimate for its 100 percent-owned Spectrum gold-copper project in the Golden Triangle of northwestern BC.

The Snip mine produced approximately 1 million ounces of gold from 1991 until 1999 at an average gold grade of 25 g/t at a 12 g/t reserve cut-off.

The Snip mine produced approximately 1 million ounces of gold from 1991 until 1999 at an average gold grade of 25 g/t at a 12 g/t reserve cut-off.

The report, titled “Technical Report on the Donnelly-GJ Deposit Area, GJ Property, Liard Mining Division B.C. Canada” was filed February 26th, 2016

Skeena Resources Limited has compiled historic work on high-grade gold-silver and bulk tonnage copper-gold exploration targets on its GJ property

Anticipates closing of up to $1.3 million private placement

Highlights.

Acquired from majority owner Teck Resources Limited

Financing will primarily be used for exploration on the Spectrum high-grade gold project and the recently acquired GJ project.

Assays are pending for an additional 27 holes and drilling will continue for another week.