VANCOUVER, BC--(Marketwired - July 27, 2016) - Skeena Resources
Limited (TSX VENTURE: SKE) ("Skeena" or the "Company")
is pleased to announce that exploration permits have been granted for the proposed diamond drill program on the Company's Snip
gold project in the Golden Triangle of northwest British Columbia. As a result, crews are now mobilizing to site to prepare drill
pads for the initial 6,000 metre drill program. It is anticipated that drilling will commence in the first week of August.
Drilling will target prospective structures that have been partially identified by historic drill intercepts in areas below
and to the east of the historic mine production areas (see news release dated May 17, 2016). Crews will also begin establishing a camp on the property that will allow work to continue well
into the fall.
About Skeena
Skeena Resources Limited is a junior Canadian mining exploration company focused on developing prospective base and
precious metal properties in the Golden Triangle region of northern British Columbia, Canada. The Company's primary activities
are the evaluation and development of the Spectrum gold project and adjacent GJ copper-gold project as well as exploration on the
recently optioned past-producing Snip gold mine, acquired from Barrick Gold Corp. Skeena's management includes a highly
experienced team of mine-finders, including Ron Netolitzky, Chairman of the Board.
On behalf of the Board of Directors of Skeena Resources Limited,
Walt Coles Jr.
President & CEO
Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts
responsibility for the adequacy or accuracy of this release.