Skeena Resources Limited announced that it has initiated the Phase II drill investigation of the Albino Waste Facility at the Eskay Creek gold-silver project located in the Golden Triangle of British Columbia. The Phase II program is designed to test the Au-Ag grade potential of the remaining untested portions of the AWF on 50 metre drill spacings as follow up from the initial investigation completed in First Quarter 2021. Situated west of the Eskay Creek mine site, the AWF was utilized by former operators as a subaqueous repository for mine waste management and included both mine waste rock as well as mill tailings. Previously reported in Second Quarter 2021, the Company drilled eight vertical drill holes on staggered 50 metre drill centers to test the grade potential of the AWF. All drill holes were successful in intersecting remarkable grades and thicknesses: 4.17 g/t Au, 160 g/t Ag (6.31 g/t AuEq) over 16.01 m (SK-21-841); 4.18 g/t Au, 190 g/t Ag (6.72 g/t AuEq) over 12.16 m (SK-21-842); 4.16 g/t Au, 204 g/t Ag (6.89 g/t AuEq) over 22.80 m (SK-21-843); 3.13 g/t Au, 127 g/t Ag (4.82 g/t AuEq) over 19.76 m (SK-21-844); 3.97 g/t Au 130 g/t Ag (5.70 g/t AuEq) over 15.20 m (SK-21-845); 8.68 g/t Au 330 g/t Ag (13.09 g/t AuEq) over 13.68 m (SK-21-846); 3.19 g/t Au 115 g/t Ag (4.73 g/t AuEq) over 14.19 m (SK-21-847); and 2.62 g/t Au 82 g/t Ag (3.71 g/t AuEq) over 19.76 m (SK-21-848). Locations of Phase II drill holes, a composite vertical section and a plan map of previously disclosed results are presented at the end of this release. The Company is currently utilizing a waterborne barge to safely drill vertical holes over the remainder of the AWF on staggered 50 metre spaced centers. A Phase III program of infill to 25 metre hole spacings will be contingent on the results from the Phase II investigation. 2021 Snip Project Phase III Results; The ongoing 2021 drilling program at the Company's 100% owned Snip Gold Project is being performed to convert Inferred resources from the Company's 2020 MRE to higher confidence categories (Measured and Indicated) through surface and underground drilling. These infill results corroborate the modelled mineralization in the Company's 2020 Mineral Resource Estimate.