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Message: Sept. 22, 2010 - Skeena Grants Incentive Options; Updates on Activities

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Sept. 22, 2010 - Skeena Grants Incentive Options; Updates on Activities

posted on Nov 26, 10 02:29PM (Log in to use the IP Check tool) ^[?]

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.

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