Skeena Resources provides update on near-term catalysts

Skeena Resources provides an update on several near-term catalysts expected to drive growth at its 100% owned Eskay Creek and Snip Projects located in the Golden Triangle of northwest British Columbia, Canada. This update is mainly focused on technical optimization of the Projects, specifically related to exploration, metallurgy, and engineering studies. Randy Reichert, Skeena’s President & CEO, commented “We anticipate 2023 to be a transformational year for the Company as we progress from exploration and project studies into development. Skeena’s primary focus is continued growth at both Projects through advancement of engineering and metallurgical optimization. Several near-term milestones are expected in the second half of this year with a goal of growing the mine life and net present value of Eskay Creek, continuing to increase value for all stakeholders.” Updated Mineral Resource Estimate for Eskay Creek: Completed Q2 2023; Increased Land Package Surrounding Eskay Creek: Completed Q3 2023′ Metallurgical Optimization & Simplified Flowsheet at Eskay Creek: Expected Q3 2023; Updated Mineral Resource Estimate for Snip: Expected Q3 2023; Exploration Results from Eskay Creek: Expected Q3/Q4 2023; Definitive Feasibility Study for Eskay Creek: Expected Q4 2023; Maiden Engineering Study for Snip: Expected Q1 2024.