Skeena Welcomes New Director

VANCOUVER, British Columbia, Jan. 29, 2018 (GLOBE NEWSWIRE) -- Skeena Resources Limited (TSX.V:SKE) (“Skeena” or the “Company”) is pleased to announce the appointment of Borden R. Putnam III to the Board of Directors of the Company as an independent director.

Skeena’s CEO, Walter Coles Jr. commented, “Borden’s technical knowledge combined with his experience working for specialist mining investment funds brings an important new skill set to Skeena's Board. We look forward to working closely with Borden in the months and years ahead.”

Mr. Putnam is a professional geologist with over 41 years of experience in the mineral industry, with a focus on exploration and asset evaluations in the mineral investment business. Mr. Putnam currently operates an independent mining industry consultancy providing technical evaluations and investment advice, typically in support of project finance. Previously, Mr. Putnam was Managing Director of Eastbourne Capital Management from 2001 to 2009. He was also Vice President and Principal at Robertson Stephens Investment Management from 1996 to 2001. Both firms were engaged in mineral investment management principally as private hedge funds. From 1991 to 1996 Mr. Putnam served as Vice President and Chief Geologist for MRDI (now AMEC Foster Wheeler) an internationally recognized mining consultancy firm. From 1976 to 1991 he worked as a Project Geologist and a District Manager for AMAX Exploration and Newmont Exploration Limited, respectively. 

About Skeena
Skeena Resources Limited 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 Snip mine and the recently optioned Eskay Creek mine, both acquired from Barrick. In addition, the Company is performing preliminary exploration on the past-producing Porter Idaho silver mine and has completed a Preliminary Economic Assessment on the Spectrum-GJ copper-gold porphyry project.

On behalf of the Board of Directors of Skeena Resources Limited,

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: Walt Coles Jr., President & CEO
or Kelly Earle, Vice President Communications

Suite 650, 1021 West Hastings Street
Vancouver, BC, Canada V6E 0C3
Tel: (604) 684-8725 Fax: (604) 558-7695