Skeena Engages Oak Hill Advisors

May 21, 2015

NR 15-08

Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) wishes to report the engagement of Oak Hill Advisors Inc. (“Oak Hill”), subject to acceptance of the TSX Venture Exchange, to provide business advisory services to Skeena. The Company will pay Oak Hill a monthly advisory fee of $6,000 for an initial 3 month term, subject to renewal and subject to a mutual right of termination on 30 days’ notice, and will issue 200,000 options of Skeena, exercisable at $0.10, pursuant to the terms of the Company’s stock option plan. The options will have a vesting period of 25% per quarter from the date of grant.

About Oak Hill Advisors Inc.

Oak Hill provides specialty advisory and marketing services to investment managers and corporate issuers. Our proprietary platform allows clients to effectively communicate and market. As an independent firm we provide unbiased capital market solutions.

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 Property in the Stikine Arch of northwestern British Columbia.

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.

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TSX:SKE $
OTCQX:SKREF $
FRA:RXFB €1.90
GOLD $1,920.42