Skeena Announces AGM Results

VANCOUVER, March 4, 2019 - Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (''Skeena'' or the ''Company'') is pleased to announce the results of the Company's Annual General meeting of Shareholders ("AGM") held in Vancouver, British Columbia on March 1, 2019. Shareholders approved all motions put forth at the AGM including the re-appointment of Ernst & Young LLP, Chartered Accountants, as the Company's independent auditors, and the update and confirmation of the Company's Stock Option Plan.

The shareholders elected Walter Coles, Craig Parry, Don Siemens, Borden R. Putnam III and Isac Burstein to the Company's Board of Directors. The shareholders also approved the Board of Directors' decision to reduce the number of directors to five, a size more commensurate with the size of the Company.

Skeena would like to thank the outgoing board members, Ronald Netolitzky, Rupert Allan and Peter Tredger, for laying the foundation on which the Company continues to build, and for their support as Skeena undergoes this process of board renewal. Ronald Netolitzky had served as a Skeena director since 1983, Rupert Allan since 1997, and Peter Tredger since 2001.

About Skeena

Skeena Resources Ltd. is a junior Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The Company's primary activities are the exploration and development of the past-producing Eskay Creek and Snip mines, In addition, the Company has completed a Preliminary Economic Assessment on the GJ copper-gold porphyry project.

On behalf of the Board of Directors of Skeena Resources Ltd.,

Walter Coles Jr.
President & CEO

Cautionary note regarding forward-looking statements

Certain statements made and information contained herein may constitute ''forward looking information'' and ''forward looking statements'' within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as ''anticipates'', ''believes'', ''targets'', ''estimates'', ''plans'', ''expects'', '' may'', ''will'', ''could'' or ''would''. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

CONTACT: info@skeenaresources.com

SOURCE: Skeena Resources Ltd.