NR: 17-20

Vancouver, BC (October 23, 2017) Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) is pleased to announce the appointment of Mr. Justin Himmelright as Skeena’s new Vice President of Sustainability. Mr. Himmelright has over 25 years of experience in environmental management and developing social license for natural resource projects throughout Canada and internationally. He previously served as Vice President responsible for sustainability matters at Pacifica Resources, Selwyn Resources, Scozinc Mining, and Selwyn Chihong Mining. Mr. Himmelright has also worked as a consultant to Indigenous communities on mining proposals within their Territories and with non-profit organizations to advance community capacity related to mineral development. He’s a former Board member of the Yukon Mine Training Association and the Autism Society of BC and is currently an associate instructor at the Norman Keevil Institute of Mining Engineering (UBC) on the topic of Indigenous peoples and mining in Canada. He is a graduate of Simon Fraser University (B.Sc.) and the University of British Columbia (M. Eng.) and is a Registered Professional Biologist in British Columbia.

The Company also reports that Mr. Michael Cathro, Vice President of Operations, has resigned. Mr. Cathro will continue to assist Skeena in a consulting capacity as needed. The Board of Directors would like to thank Mr. Cathro for his contribution to the Company during his tenure and wish him well with his future endeavors.

Skeena’s CEO, Walter Coles Jr. commented, “Mike Carthro has been an incredibly important part of Skeena’s leadership team over the last several years. We are sad to see him leave us. However, Justin Himmelright is more than capable of taking over Mike’s responsibilities with regard to environment, sustainability and community affairs. We are excited and grateful to have Justin join the Skeena team”.

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 gold mine, acquired from Barrick Gold, and the past-producing Porter Idaho silver mine. The Company also recently announced Preliminary Economic Assessment results for the Spectrum-GJ copper-gold porphyry project.

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

Walter 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 the expected size and terms of the Offering, the expected timing for closing of the Offering and the expected use of proceeds of the Offering. 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.