Skeena Resources provides regional exploration update on KSP Property

Skeena Resources provides an update on the grassroots regional assessment of its 100% owned KSP Property, located 24 kilometers southwest of Eskay Creek in the Golden Triangle of British Columbia, Canada. KSP was acquired by Skeena on June 1, 2022 following the acquisition of QuestEx Gold & Copper Ltd. This acquisition added a total of 64,000 hectares of largely unexplored, highly prospective regions to the Company’s already significant land package. The first pass of exploration on the KSP Property this year was completing property-scale stream sediment sampling to identify geochemical anomalies. Based on the results of these efforts and historical data, the team completed geological mapping, sampling, and prospecting with the objective of identifying the source, style and scale of mineralization present. Select rock sample results from KSP that Skeena has received to date are detailed below. 2023 KSP Rock Grab Sample Highlights: Tami Target: 14.20 g/t Au, 11.4 g/t Ag, 1.09% Cu, 0.05% Zn; 9.26 g/t Au, 6.9 g/t Ag, 0.71% Cu, 0.02% Zn; 2.39 g/t Au, 5.9 g/t Ag, 0.72% Cu, 0.13% Zn. Khyber Gap: 6.52 g/t Au, 27.40 g/t Ag, 0.14% Cu, 3.82% Zn. Pins Target: 0.06 g/t Au, 1.2 g/t Ag, 0.01% Cu, 31.34% Zn. Paul Geddes, Skeena’s Senior Vice President of Exploration & Resource Development, commented “Despite the high prospectivity of KSP, the scarceness of historical exploration work is astonishing. By leveraging our team’s extensive proficiency and knowledge of the area, we plan to execute undivided and pragmatic exploration programs as the Company continues to explore our regional land package of over 100,000 hectares.”