NR: 16-03

Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) is pleased to announce that it has filed a Technical Report pursuant to National Instrument (“NI”) 43-101 – Standards for Disclosure for Mineral Projects for a resource estimate on the Company’s GJ property in northwestern British Columbia, Canada.

The Company’s news release dated January 14th, 2016 summarizes the assumptions and key results contained in the Technical Report. The report, titled “Technical Report on the Donnelly-GJ Deposit Area, GJ Property, Liard Mining Division B.C. Canada” was filed February 26th, 2016 under Skeena’s profile on the SEDAR website www.sedar.com, and can also be viewed on Skeena’s website at www.skeenaresources.com.

About Skeena

Skeena Resources Limited is a junior Canadian mining exploration company involved in the acquisition, exploration and development of prospective base and precious metal properties throughout British Columbia. The Company’s primary activities at present are the evaluation of the high-grade Spectrum gold project and adjacent bulk-tonnage GJ copper-gold project, located in the prolific Golden Triangle of northwestern BC. Skeena’s management includes a highly experienced team of mine-finders, including Ron Netolitzky, Chairman, who was inducted into the Canadian Mining Hall of Fame in 2015.

ON BEHALF OF THE BOARD OF DIRECTORS OF

SKEENA RESOURCES LIMITED

Walt Coles Jr., President & CEO

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