February 5, 2018

Skeena Commences Trading on OTCQX

NR: 18-7

Vancouver, BC (February 5, 2018) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce that OTC Markets Group Inc., operator of financial markets for 10,000 U.S. and global securities, has accepted Skeena to trade on its OTCQX® Best Market.

Skeena Resources begins trading today on OTCQX under the symbol “SKREF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

“We are pleased to welcome Skeena Resources to the OTCQX Best Market,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “Skeena Resources joins the growing number of Canadian companies that choose to cross-trade their shares in the U.S. on OTCQX, leveraging the market to efficiently distribute news and information and providing easier access for U.S. investors to trade their shares.”

Skeena’s CEO, Walter Coles Jr. commented, “As Skeena continues to grow, so too does our shareholder base. Trading on the OTCQX will increase Skeena’s visibility and accessibility to our current and prospective U.S. and global shareholders.”

Skeena Resources was sponsored for OTCQX by B. Riley, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.

About Skeena

Skeena Resources Limited is a junior Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The Company’s primary activities are the exploration and development of the past-producing Snip mine and the recently optioned Eskay Creek mine, both acquired from Barrick. In addition, the Company is performing preliminary exploration on the past-producing Porter Idaho silver mine and has completed a Preliminary Economic Assessment on the Spectrum-GJ copper-gold porphyry project.

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

Walt Coles Jr.
President & CEO

Cautionary note regarding forward-looking statements

Certain statements made and information contained herein may constitute “forward looking information” and “forward looking statements” within the meaning of applicable Canadian and United States securities legislation, including, among other things, information with respect to this presentation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management’s expectations. Forward-looking statements and information may be identified by such terms as “anticipates”, “believes”, “targets”, “estimates”, “plans”, “expects”, “may”, “will”, “could” or “would”. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

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

Walt Coles Jr., President & CEO or Kelly Earle, Vice President Communications
Suite 650, 1021 W. Hastings St. Vancouver, B.C., Canada V6E 0C3
Tel: (604) 684-8725 Fax: (604) 558-7695 Email: kearle@skeenaresources.com

You can view the Next News item:March 13th, 2018, Skeena Announces $6.0 Million Private Placement Financing

You can view the Previous News item:January 30th, 2018, Skeena Intersects 44.10 g/t Gold over 1.50 Metres at Snip

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