Mr. Walter Coles reports

SKEENA ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

Skeena Resources Ltd. has released the results of the company's annual general meeting of shareholders (AGM) held in Vancouver, B.C., on June 17, 2024. Shareholders approved the re-election of all directors. The number of directors and the reappointment of KPMG LLP, chartered professional accountants, as auditor of the company were also approved by over 99 per cent of shareholders who voted. Additionally, the shareholder rights plan adopted by the board of directors on Nov. 14, 2023, was allowed to expire on May 14, 2024, rather than calling a meeting of shareholders in order to approve the shareholder rights plan prior to that date.

A total of 64,349,256 shares were voted, representing 70.9 per cent of the common shares that were issued and outstanding at the record date for the AGM. Refer to the attached table for the detailed results of the votes for each director.

About Skeena Resources Ltd.

Skeena Resources is a Canadian mining exploration and development company focused on revitalizing the Eskay Creek and Snip projects, two past-producing mines located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The company released a definitive feasibility study for Eskay Creek in November, 2023, which highlights an after-tax NPV5 (net present value, 5-per-cent discount rate) of $2-billion, 43-per-cent IRR (internal rate of return), and a 1.2-year payback at $1,800 (U.S.)/oz Au and $23 (U.S.)/oz Ag.

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.

We seek Safe Harbor.