Mr. Randy Reichert reports

SKEENA GOLD & SILVER SECURES ENVIRONMENTAL ASSESSMENT CERTIFICATE AND FEDERAL IMPACT ASSESSMENT APproVAL FOR ESKAY CREEK

Skeena Resources Ltd. has received its environmental assessment certificate (EAC) for the company's 100-per-cent-owned Eskay Creek gold-silver project located in northwestern British Columbia, Canada. The results of the environmental assessment have been reviewed by Canada's Minister of Environment and Climate Change and approved under the Federal Impact Assessment Act.

The EAC was issued by the B.C. Minister of Mining & Critical Minerals and the B.C. Minister of Environment & Parks and jointly approved by the Tahltan central government. Receipt of the EAC represents a major milestone for the project and concludes a rigorous environmental assessment process initiated in August, 2024. The process included more than 60 engagement sessions within local communities and over 500 meetings with the Tahltan central government. Skeena also engaged with both local and non-local indigenous groups as part of its consultation efforts. This included engagement with the Nisga'a Lisims government, Gitanyow Hereditary Chiefs, the Tsetsaut Skii km Lax Ha Nation, the Southeast Alaska Indigenous Transboundary Commission and other constituent Alaska tribes. More than 4,000 written comments from community members were received and individually addressed throughout the environmental assessment process. The Tahltan Nation's consent to the project is embedded within the EAC, marking a historic first in Canada through a landmark Section 7 agreement signed in 2022 between the government of British Columbia and the Tahltan central government.

Nalaine Morin, senior vice-president of environment and social affairs of Skeena, commented:

"This achievement is especially meaningful to me as a member of the Tahltan Nation. Receiving our EA certificate as the first company in Canadian history through the Section 7 agreement, demonstrates what is possible when indigenous rights and responsible resource development are advanced together. This milestone reflects years of trust building, hard work and a shared commitment to doing things differently. At Skeena, we are proud of what has been accomplished and remain firmly committed to reconciliation as an ongoing, living practice that guides how we operate today and into the future."

Randy Reichert, chief executive officer of Skeena, commented: "This is a defining moment in our company's history. I would like to thank the government of British Columbia for its support of the project and for prioritizing our application approval. I would also like to thank the Tahltan Nation for their partnership and collaboration over the last 10 years. The issuance of the EAC reflects this collaboration and reinforces Eskay Creek's position as setting the standard for responsible, world-class development in British Columbia. I further extend my appreciation to the Skeena regulatory engagement team for their tireless efforts in advancing a rigorous environmental assessment. The team set new benchmarks for meeting timelines while skillfully navigating new challenges associated with the Section 7 agreement."

Honourable Jagrup Brar, Minister of Mining and Critical Minerals, stated: "I would like to extend my thanks to Skeena Gold and Silver for its collaborative approach and its commitment to working respectfully with the Tahltan Nation and government partners throughout the process. This kind of collaboration is critical to advance important projects like Eskay Creek, which will benefit the entire province while protecting the environment and continuing on our path to reconciliation."

About Skeena Resources Ltd.

Skeena is a leading precious metals developer that is focused on advancing the Eskay Creek gold-silver project -- a past-producing mine located in the renowned Golden Triangle in British Columbia, Canada. Eskay Creek will be one of the highest-grade and lowest-cost open-pit precious metals mines in the world, with substantial silver byproduct production that surpasses many primary silver mines. Skeena is committed to sustainable mining practices and maximizing the potential of its mineral resources. In partnership with the Tahltan Nation, Skeena strives to foster positive relationships with indigenous communities while delivering long-term value and sustainable growth for its stakeholders.

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