Mr. Randy Reichert reports

SKEENA ANNOUNCES UPDATES TO MANAGEMENT TEAM

Effective immediately, Skeena Resources Ltd.'s chief operating officer, Shane Williams, has left the company to pursue other endeavours. Randy Reichert, president and chief executive officer, will temporarily assume the duties of COO in addition to his normal role.

"On behalf of the board and all Skeena employees, I want to thank Shane for his contributions to the Eskay Creek project. We wish him well in his future endeavours," stated Walter Coles, executive chairman.

In addition, Skeena is pleased to announce the promotion of Adrian Newton to vice-president of exploration. Reporting to Paul Geddes, Skeena's senior vice-president of exploration and resource development, Mr. Newton is an integral member of the exploration management team. He will continue to oversee exploration programs and assist with the strategic growth of the company's portfolio of projects in the Golden Triangle. Mr. Newton has worked on Skeena's exploration team for almost five years and has over 18 years of precious metals-focused international experience working with junior exploration through to major mining companies.

The company's president and CEO, Mr. Reichert, commented: "It is a pleasure to have Adrian move into the VP of exploration position. Adrian has demonstrated his technical prowess with the Eskay Creek deposit and has been instrumental in the recent exploration successes on the project."

About Skeena Resources Ltd.

Skeena Resources 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 gold and $19 (U.S.)/oz silver. Skeena is currently continuing exploration drilling at Eskay Creek.

Qualified persons

In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Mr. 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 practice guidelines in conducting, documenting and reporting the exploration activities on its projects.

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