# Untitled mining news story Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758 Original source: https://www.sec.gov/Archives/edgar/data/1713748/000110465926033959/ske-20251231xex99d1.htm Publisher: research Original announcement: Unknown date Analysis by Minestarters Atlas Atlas analysis published: 2026-11-04T18:08:39.658Z Atlas analysis updated: 2026-11-04T18:08:39.658Z - 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 Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas 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 factor: NI 43-101 Qualified Person sign-off is stated - Positive factor: Feasibility-study technical report and project economics are provided - Positive factor: Permitting milestones and project development progress are disclosed - Negative factor: Annual information form is broad corporate disclosure rather than a single new operating event - Negative factor: No new drill, resource, or metallurgy results are reported in the substantive event - Negative factor: Some project risks and financing obligations remain Facts used in scoring: 14 ## Classification and evidence **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) **Single Domain Only** Polarity: negative Definition: 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) ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-0) Eskay Creek · gold #### 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 factor: Proven reserve category disclosed - Positive factor: NI 43-101 technical report cited - Positive factor: Contained ounces and AuEq grade are disclosed - Negative factor: This is a reserve statement embedded in an annual information form, not a new estimate announcement - Negative factor: 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 Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-1) Eskay Creek · silver #### 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 factor: Proven reserve category disclosed - Positive factor: Silver grade and contained ounces are explicitly stated - Positive factor: NI 43-101 technical report cited - Negative factor: 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 Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-2) Eskay Creek · gold #### 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 factor: Probable reserve category disclosed - Positive factor: Contained ounces and AuEq grade are disclosed - Positive factor: NI 43-101 technical report cited - Negative factor: 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 Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-3) Eskay Creek · silver #### 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 factor: Probable reserve category disclosed - Positive factor: Silver grade and contained ounces are explicitly stated - Negative factor: 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 Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-4) Eskay Creek · gold #### 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 factor: Total reserve row is disclosed alongside component categories - Positive factor: Contained gold ounces are stated - Negative factor: 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 Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-5) Eskay Creek · silver #### 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 factor: Total reserve row is disclosed - Positive factor: Contained silver ounces are stated - Negative factor: 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 Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-8) Eskay Creek · gold #### 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 factor: Proven reserve category disclosed - Positive factor: NI 43-101 technical report cited - Positive factor: Contained ounces and AuEq grade are disclosed - Negative factor: This is a reserve statement embedded in an annual information form, not a new estimate announcement - Negative factor: Contained metal unit is printed in the table as thousands of ounces Evidence · table > 3.0 Context: 27,954 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-9) Eskay Creek · silver #### 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 factor: Proven reserve category disclosed - Positive factor: NI 43-101 technical report cited - Positive factor: Contained ounces and AuEq grade are disclosed - Negative factor: This is a reserve statement embedded in an annual information form, not a new estimate announcement - Negative factor: Contained metal unit is printed in the table as thousands of ounces Evidence · table > 80.9 Context: 27,954 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-10) Eskay Creek · gold #### 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 factor: Probable reserve category disclosed - Positive factor: Contained ounces and AuEq grade are disclosed - Positive factor: NI 43-101 technical report cited - Negative factor: No standalone reserve update is announced in the release Evidence · table > 1.8 Context: 11,889 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-11) Eskay Creek · silver #### 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 factor: Probable reserve category disclosed - Positive factor: Contained ounces and AuEq grade are disclosed - Positive factor: NI 43-101 technical report cited - Negative factor: No standalone reserve update is announced in the release Evidence · table > 40.1 Context: 11,889 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-12) Eskay Creek · gold #### 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 factor: Probable reserve category disclosed - Positive factor: Contained ounces and AuEq grade are disclosed - Positive factor: NI 43-101 technical report cited - Negative factor: No standalone reserve update is announced in the release Evidence · table > 2.6 Context: 39,843 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-resource-facts-13) Eskay Creek · silver #### 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 factor: Probable reserve category disclosed - Positive factor: Contained ounces and AuEq grade are disclosed - Positive factor: NI 43-101 technical report cited - Negative factor: No standalone reserve update is announced in the release Evidence · table > 68.7 Context: 39,843 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: 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 Estimate** Polarity: negative Definition: 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 stated [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-metallurgical-facts-6) Eskay Creek · gold #### 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 factor: Recovery and concentrate grade are both disclosed in the economic assumptions - Negative factor: The table does not provide a lab or testwork methodology - Negative factor: 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 Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ### not stated [Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--3003889d-121d-4743-be08-9c4dabb92758#fact-metallurgical-facts-7) Eskay Creek · silver #### 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 factor: Recovery is explicitly stated in the project economics table - Negative factor: 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 Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal **High Recovery** Polarity: positive Definition: 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.