Skeena Expands Management Team

January 29, 2015

NR 15-02

Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) is pleased to announce the appointment of Michael Cathro as Vice President of Operations and Wendy Chan as Vice President of Corporate Development. They both join Skeena’s management team effective immediately. Subject to TSX Venture Exchange approval, the Company granted Mr. Cathro 600,000 incentive stock options with a term of 5 years, expiring on January 29, 2020. The options allow the holder to purchase a common share in the Company at a price of $0.10. The options will vest over a period of three years. Any shares issued on the exercise of these stock options will be subject to a four-month hold period from date of grant.

Michael Cathro is a registered professional geoscientist in British Columbia and holds a BSc from Queen’s University and a MSc from the Colorado School of Mines. Mr. Cathro’s 35-year career has included work as an exploration geologist on gold and base-metal projects in Canada and overseas, and 17 years in technical and management roles with the BC Ministry of Energy, Mines and Petroleum Resources. Prior to leaving the government in 2008, Mr. Cathro led the team that successfully completed the environmental review and permitting of the New Afton copper-gold project, now one of the largest underground metal mines in Canada.

Wendy Chan is a business strategist with over 18 years of management experience at Fortune 500 companies, specializing in strategy, planning, negotiating strategic alliances and partnerships. Most recently, Ms. Chan has been assisting junior and mid-tier mining companies with capital raising and joint venture opportunities sourced from Asia. Ms. Chan has an extensive network of high-level business contacts throughout Asia and Canada. Ms. Chan holds a BSc. from University of British Columbia and an MBA in Finance from McGill University. She is fluent in Mandarin and Cantonese.

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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