| ||September 22, 2010|
Skeena Grants Incentive Options and Updates on Activities
| ||News Release: 10-11|
Skeena Resources Limited (TSX.V: SKE) in accordance with the Company's revolving stock option plan, is granting 4,525,000 incentive stock options at an exercise price of $0.10 per share for a period of five years from the date of grant to directors, employees and consultants. 675,000 of the options are subject to vesting over a period of one year in accordance with Exchange regulations. Any shares issued under the option plan will be subject to a four-month hold period from the date of grant, pursuant to the policies of the TSX Venture Exchange.
The Company also wishes to announce that it has commenced field work on its 100% owned Tropico copper-platinum-palladium-gold project in Sinaloa State, Mexico. A re-compilation and re-interpretation of prior airborne and ground geophysical survey data is facilitating a prioritization of historic geochemical targets that were not previously trenched or drilled. The soil geochemical coverage is being substantially expanded in order to better define trenching targets for this fall, and to facilitate the selection of drilling targets by early this winter.
The Company is continuing to research and solicit project submittals for new precious metal properties, both in Mexico and in the Yukon.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SKEENA RESOURCES LIMITED
J. R. Allan, P.Geol., President
Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Contact: Tony Perri - Investor Relations, Manager at 604-684-8725
Or Raju Wani of Wani Capital at 403-240-0555
Suite 611, 675 W. Hastings St. Vancouver, B.C., Canada V6B 1N2
Tel: (604) 684-8725 Email: firstname.lastname@example.org
You can view the Next News Releases item: Mon Nov 8, 2010, Skeena Reports Exploration Results from Karma Property, Yukon
You can view the Previous News Releases item: Tue Jul 27, 2010, Skeena Announces New Board Member
You can return to the main News Releases page, or press the Back button on your browser.