Mr. Randy Reichert reports

SKEENA ANNOUNCES SENIOR MANAGEMENT & BOARD APPOINTMENTS

Skeena Resources Ltd., in a planned transition, has appointed Randy Reichert to the position of chief executive officer (CEO). Mr. Reichert will now hold the position of president, CEO and director while Walter Coles will continue to remain actively involved with the company in his new role as executive chairman of the board of directors.

About Skeena Resources Ltd.

Skeena is a Canadian mining exploration and development company focused on revitalizing the past-producing Eskay Creek gold-silver mine located in Tahltan territory in the Golden Triangle of northwest British Columbia, Canada. The company released a feasibility study for Eskay Creek in September, 2022, which highlights an open-pit average grade of four grams per tonne gold equivalent, an after-tax net present value (5 per cent) of $1.4-billion, 50-per-cent internal rate of return, and a one-year payback at $1,700 (U.S.)/ounce Au and $19 (U.S.)/oz Ag. Skeena is currently continuing exploration drilling at Eskay Creek.

Qualified person

In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Paul Geddes, PGeo, senior vice-president, exploration and resource development, is the qualified person for the company and has prepared, validated and approved the technical and scientific content of this news release. The company strictly adheres to CIM best practices guidelines in conducting, documenting and reporting the exploration activities on its projects.

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