Untitled mining news story

Original announcement by research on

Company
Skeena Gold + Silver
Ticker
SKE
Exchange
TSX
Region
British Columbia, Canada
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Other, Resource update, Metallurgy
Extracted
2026-11-04 18:08:39 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

This annual information form provides Skeena Gold + Silver’s year-end corporate and project update, including detailed disclosure on Eskay Creek’s development, permitting, financing, risks, and technical report summary. It also includes reserve, capex, opex, and project economics tables for Eskay Creek, but no new drill or metallurgy results are announced in the current event. The document confirms NI 43-101 sign-off and describes the project as moving through development and permitting in British Columbia.

Reasoning: This is an annual information form with extensive corporate, project, permitting, financing and technical report disclosure; the dominant current event is routine annual reporting and project-update disclosure rather than a new technical result.

Positive factors

  • NI 43-101 Qualified Person sign-off is stated
  • Feasibility-study technical report and project economics are provided
  • Permitting milestones and project development progress are disclosed

Negative factors

  • Annual information form is broad corporate disclosure rather than a single new operating event
  • No new drill, resource, or metallurgy results are reported in the substantive event
  • Some project risks and financing obligations remain

Facts used in scoring: 14

Classification and evidence

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a flotation route ("flotation")

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

Resource Estimates (12)

provenEskay Creek · goldTonnes: 27954000Grade: 3Grade Unit: g/tContained Metal: 2657Contained Unit: 000 ozView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:a270626330282e8c98b0
Deposit or zone
Eskay Creek Project
Mining method
combined

Resource Data

Category
proven
Tonnes
27954000
Grade
3
Grade Unit
g/t
Contained Metal
2657
Contained Unit
000 oz

Prior Estimate

Resource Date
2023-11-14

Metal Equivalent

Metal Eq. Grade
4.1
Metal Eq. Unit
g/t

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The table reports proven reserve tonnes, grades, and contained ounces for Eskay Creek with NI 43-101 technical report support.

Positive factors

  • Proven reserve category disclosed
  • NI 43-101 technical report cited
  • Contained ounces and AuEq grade are disclosed

Negative factors

  • This is a reserve statement embedded in an annual information form, not a new estimate announcement
  • Contained metal unit is printed in the table as thousands of ounces

Evidence · table

“Proven | 27,954 | 4.1 | 3.0 | 80.9 | 3,675 | 2,657 | 72,661”

Context: Table 36: Table 1-3: Mineral Reserves Statement

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

provenEskay Creek · silverTonnes: 27954000Grade: 80.9Grade Unit: g/tContained Metal: 72661Contained Unit: 000 ozView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:a270626330282e8c98b0
Deposit or zone
Eskay Creek Project
Mining method
combined

Resource Data

Category
proven
Tonnes
27954000
Grade
80.9
Grade Unit
g/t
Contained Metal
72661
Contained Unit
000 oz

Prior Estimate

Resource Date
2023-11-14

Metal Equivalent

Metal Eq. Grade
4.1
Metal Eq. Unit
g/t

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The proven reserve table explicitly states silver grade and contained silver ounces for the Eskay Creek project.

Positive factors

  • Proven reserve category disclosed
  • Silver grade and contained ounces are explicitly stated
  • NI 43-101 technical report cited

Negative factors

  • Reserve disclosure is part of annual reporting rather than a fresh technical announcement

Evidence · table

“Proven | 27,954 | 4.1 | 3.0 | 80.9 | 3,675 | 2,657 | 72,661”

Context: Table 36: Table 1-3: Mineral Reserves Statement

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

probableEskay Creek · goldTonnes: 11889000Grade: 1.8Grade Unit: g/tContained Metal: 680Contained Unit: 000 ozView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:36162e9340668adff719
Deposit or zone
Eskay Creek Project
Mining method
combined

Resource Data

Category
probable
Tonnes
11889000
Grade
1.8
Grade Unit
g/t
Contained Metal
680
Contained Unit
000 oz

Prior Estimate

Resource Date
2023-11-14

Metal Equivalent

Metal Eq. Grade
2.3
Metal Eq. Unit
g/t

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The table reports probable reserve tonnes, grade and contained ounces for Eskay Creek.

Positive factors

  • Probable reserve category disclosed
  • Contained ounces and AuEq grade are disclosed
  • NI 43-101 technical report cited

Negative factors

  • No standalone reserve update is announced in the release

Evidence · table

“Probable | 11,889 | 2.3 | 1.8 | 40.1 | 894 | 680 | 15,308”

Context: Table 36: Table 1-3: Mineral Reserves Statement

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

probableEskay Creek · silverTonnes: 11889000Grade: 40.1Grade Unit: g/tContained Metal: 15308Contained Unit: 000 ozView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:36162e9340668adff719
Deposit or zone
Eskay Creek Project
Mining method
combined

Resource Data

Category
probable
Tonnes
11889000
Grade
40.1
Grade Unit
g/t
Contained Metal
15308
Contained Unit
000 oz

Prior Estimate

Resource Date
2023-11-14

Metal Equivalent

Metal Eq. Grade
2.3
Metal Eq. Unit
g/t

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The probable reserve table separately reports the silver grade and contained silver ounces.

Positive factors

  • Probable reserve category disclosed
  • Silver grade and contained ounces are explicitly stated

Negative factors

  • This is reserve disclosure embedded in a broader AIF

Evidence · table

“Probable | 11,889 | 2.3 | 1.8 | 40.1 | 894 | 680 | 15,308”

Context: Table 36: Table 1-3: Mineral Reserves Statement

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

probableEskay Creek · goldTonnes: 39843000Grade: 2.6Grade Unit: g/tContained Metal: 3336Contained Unit: 000 ozView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:bc15e3124a34b248a2de
Deposit or zone
Eskay Creek Project
Mining method
combined

Resource Data

Category
probable
Tonnes
39843000
Grade
2.6
Grade Unit
g/t
Contained Metal
3336
Contained Unit
000 oz

Prior Estimate

Resource Date
2023-11-14

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The total reserve row reports combined tonnes, grade and contained gold ounces for the Eskay Creek project.

Positive factors

  • Total reserve row is disclosed alongside component categories
  • Contained gold ounces are stated

Negative factors

  • Total is an aggregate of proven and probable and not a separate geological category

Evidence · table

“Total | 39,843 | 3.6 | 2.6 | 68.7 | 4,569 | 3,336 | 87,969”

Context: Table 36: Table 1-3: Mineral Reserves Statement

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

probableEskay Creek · silverTonnes: 39843000Grade: 68.7Grade Unit: g/tContained Metal: 87969Contained Unit: 000 ozView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:bc15e3124a34b248a2de
Deposit or zone
Eskay Creek Project
Mining method
combined

Resource Data

Category
probable
Tonnes
39843000
Grade
68.7
Grade Unit
g/t
Contained Metal
87969
Contained Unit
000 oz

Prior Estimate

Resource Date
2023-11-14

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The total reserve row reports combined silver grade and contained silver ounces.

Positive factors

  • Total reserve row is disclosed
  • Contained silver ounces are stated

Negative factors

  • Aggregate total rather than a standalone domain estimate

Evidence · table

“Total | 39,843 | 3.6 | 2.6 | 68.7 | 4,569 | 3,336 | 87,969”

Context: Table 36: Table 1-3: Mineral Reserves Statement

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

provenEskay Creek · goldTonnes: 27954Grade: 3Grade Unit: g/tView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:6f09ef4c7d4757dacb8e
Deposit or zone
Eskay Creek Project
Mining method
combined

Resource Data

Category
proven
Tonnes
27954
Grade
3
Grade Unit
g/t

Prior Estimate

Resource Date
2023-11-14

Metal Equivalent

Metal Eq. Grade
4.1
Metal Eq. Unit
g/t AuEq

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The table reports proven reserve tonnes, grades, and contained ounces for Eskay Creek with NI 43-101 technical report support. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Proven reserve category disclosed
  • NI 43-101 technical report cited
  • Contained ounces and AuEq grade are disclosed

Negative factors

  • This is a reserve statement embedded in an annual information form, not a new estimate announcement
  • Contained metal unit is printed in the table as thousands of ounces

Evidence · table

“3.0”

Context: 27,954

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

provenEskay Creek · silverTonnes: 27954Grade: 80.9Grade Unit: g/tView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:6f09ef4c7d4757dacb8e
Deposit or zone
Eskay Creek Project
Mining method
combined

Resource Data

Category
proven
Tonnes
27954
Grade
80.9
Grade Unit
g/t

Prior Estimate

Resource Date
2023-11-14

Metal Equivalent

Metal Eq. Grade
4.1
Metal Eq. Unit
g/t AuEq

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The table reports proven reserve tonnes, grades, and contained ounces for Eskay Creek with NI 43-101 technical report support. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Proven reserve category disclosed
  • NI 43-101 technical report cited
  • Contained ounces and AuEq grade are disclosed

Negative factors

  • This is a reserve statement embedded in an annual information form, not a new estimate announcement
  • Contained metal unit is printed in the table as thousands of ounces

Evidence · table

“80.9”

Context: 27,954

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

probableEskay Creek · goldTonnes: 11889Grade: 1.8Grade Unit: g/tView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:5d608b6c89024c52b14b
Deposit or zone
Eskay Creek Project
Mining method
combined

Resource Data

Category
probable
Tonnes
11889
Grade
1.8
Grade Unit
g/t

Prior Estimate

Resource Date
2023-11-14

Metal Equivalent

Metal Eq. Grade
2.3
Metal Eq. Unit
g/t AuEq

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The table reports probable reserve tonnes, grade and contained ounces for Eskay Creek. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Probable reserve category disclosed
  • Contained ounces and AuEq grade are disclosed
  • NI 43-101 technical report cited

Negative factors

  • No standalone reserve update is announced in the release

Evidence · table

“1.8”

Context: 11,889

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

probableEskay Creek · silverTonnes: 11889Grade: 40.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:5d608b6c89024c52b14b
Deposit or zone
Eskay Creek Project
Mining method
combined

Resource Data

Category
probable
Tonnes
11889
Grade
40.1
Grade Unit
g/t

Prior Estimate

Resource Date
2023-11-14

Metal Equivalent

Metal Eq. Grade
2.3
Metal Eq. Unit
g/t AuEq

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The table reports probable reserve tonnes, grade and contained ounces for Eskay Creek. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Probable reserve category disclosed
  • Contained ounces and AuEq grade are disclosed
  • NI 43-101 technical report cited

Negative factors

  • No standalone reserve update is announced in the release

Evidence · table

“40.1”

Context: 11,889

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

probableEskay Creek · goldTonnes: 39843Grade: 2.6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:3e6312d054d2df713f32
Mining method
combined

Resource Data

Category
probable
Tonnes
39843
Grade
2.6
Grade Unit
g/t

Prior Estimate

Resource Date
2023-11-14

Metal Equivalent

Metal Eq. Grade
3.6
Metal Eq. Unit
g/t AuEq

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The table reports probable reserve tonnes, grade and contained ounces for Eskay Creek. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Probable reserve category disclosed
  • Contained ounces and AuEq grade are disclosed
  • NI 43-101 technical report cited

Negative factors

  • No standalone reserve update is announced in the release

Evidence · table

“2.6”

Context: 39,843

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

probableEskay Creek · silverTonnes: 39843Grade: 68.7Grade Unit: g/tView all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ben Adaszynski, Terre Lane, Hamid Samari, Jim Fogarty, Ian Stilwell, Rolf Schmitt, A.J. MacDonald, David Baldwin, Steven Andrew Baisley
Resource group id
resource:3e6312d054d2df713f32
Mining method
combined

Resource Data

Category
probable
Tonnes
39843
Grade
68.7
Grade Unit
g/t

Prior Estimate

Resource Date
2023-11-14

Metal Equivalent

Metal Eq. Grade
3.6
Metal Eq. Unit
g/t AuEq

Lab

Laboratory
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The table reports probable reserve tonnes, grade and contained ounces for Eskay Creek. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Probable reserve category disclosed
  • Contained ounces and AuEq grade are disclosed
  • NI 43-101 technical report cited

Negative factors

  • No standalone reserve update is announced in the release

Evidence · table

“68.7”

Context: 39,843

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43 101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

DFS Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

Metallurgical Results (2)

not statedEskay Creek · goldRecovery: 83 %View all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Test Work

Program Status
detailed
Test Type
not stated
Processing Route
flotation
Sample
Eskay Creek Project feasibility study

Recovery

Recovery
83 %
Recovery Basis
to_concentrate
Conc. Grade
3
Conc. Grade Unit
g/t

Lab

Laboratory
not stated
Consultant
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The cashflow summary provides gold recovery and LOM gold production assumptions for the feasibility case.

Positive factors

  • Recovery and concentrate grade are both disclosed in the economic assumptions

Negative factors

  • The table does not provide a lab or testwork methodology
  • Concentrate grade is represented as contained gold production assumptions rather than a metallurgical assay

Evidence · table

“Gold recovery (% to concentrate) | 83”

Context: Table 49: Table 1-6: Cashflow Summary Table

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

not statedEskay Creek · silverRecovery: 91 %View all details
Link to this fact

Identity

Project
Eskay Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia, Canada
Ticker
SKE

Test Work

Program Status
detailed
Test Type
not stated
Processing Route
flotation
Sample
Eskay Creek Project feasibility study

Recovery

Recovery
91 %
Recovery Basis
to_concentrate

Lab

Laboratory
not stated
Consultant
not stated

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Reasoning: The feasibility summary states silver recovery to concentrate in the base case.

Positive factors

  • Recovery is explicitly stated in the project economics table

Negative factors

  • No underlying test conditions are stated

Evidence · table

“Silver recovery (% to concentrate) | 91”

Context: Table 49: Table 1-6: Cashflow Summary Table

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 91% is at or above the exceptional band (90%)

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.