Untitled mining news story

Original announcement by research on

Company
Skeena Resources Limited
Ticker
SKE
Exchange
TSX
Region
British Columbia, Canada
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Other, Resource update
Extracted
2026-11-09 19:53:53 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

This is Skeena Resources' March 31, 2021 MD&A, combining project updates, financing history, ESG, and governance discussion. The substantive mining content centers on the Eskay Creek resource update, prior drilling programs, and Snip resource history, but the document overall is a corporate periodic report rather than a single technical release. It also notes a new Tahltan investment agreement and ongoing permitting and exploration planning.

Reasoning: An MD&A / corporate update is the dominant document type, with resource, exploration, permitting and financing updates embedded as supporting content.

Positive factors

  • Contains a qualified-person reviewed MD&A with substantive project and resource updates
  • Reports completion and incorporation of the Eskay Creek 2021 resource update
  • Discloses financing activity and improved liquidity

Negative factors

  • No single current technical event dominates the document
  • Much of the content is historical, financial, or boilerplate
  • Some drill and resource disclosures are restatements of prior releases

Rubric flags

  • resource_update extraction from MD&A context — The document is primarily a corporate MD&A, so resource rows were extracted where explicitly tabulated, but the document-level category remains other.

Facts used in scoring: 34

Classification and evidence

QP/CP Signedpositive · Story-specific tag

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: The technical information was reviewed by Paul Geddes, P. Geo., and the MD&A states he is a qualified person under NI 43-101.

Evidence · text

“reviewed and approved by the Board of Directors”

NI 43 101 Compliantpositive · Story-specific tag

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

Why it applies: The document states the technical information was prepared and reviewed under NI 43-101 and refers to a Mineral Resource Estimate.

Evidence · text

“qualified person as defined by National Instrument 43-101”

Infill Drillingneutral · Story-specific tag

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Eskay Creek drilling is described as phase I and II infill drilling to add confidence to open-pit constrained inferred resources.

Evidence · text

“designed to add confidence to areas of open pit constrained inferred resources through infill drilling”

Step Out Extensionpositive · Story-specific tag

Mineralization extended beyond the previously known limit.

Why it applies: The MD&A says drilling expanded exploration into areas not previously drill tested and aimed to delineate additional resources.

Evidence · text

“expand exploration into areas that have not previously been drill tested and delineate additional resources”

Nearology Playneutral · Story-specific tag

The disclosed value premise relies on proximity to another known deposit rather than the issuer's own results. Mere location or along-strike wording in a release that reports its own drilling does not establish this premise.

Why it applies: Eskay Creek exploration is framed as near-surface targets proximal to the historical mine footprint and proposed processing facilities.

Evidence · text

“located proximal to the historical mine footprint”

Bonanza Interceptpositive · Story-specific tag

An exceptionally high-grade reported intercept reaching the exceptional GRADE_BANDS tier for its commodity and applicable deposit context. Require a disclosed grade and compatible unit; the adjective high-grade alone, a metal-equivalent basket without assumptions, or a planned target does not establish this tag.

Why it applies: The document describes Eskay Creek as having bonanza precious metal Au+Ag grades and notes it was once the highest-grade operation in the world.

Evidence · text

“bonanza precious metal Au+Ag grades”

True Width Disclosedpositive · Story-specific tag

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The resource table is explicitly a constrained estimate, and the Snip table states the resources are reported undiluted within stope optimized mining shapes, but no true-width drill interval is disclosed here; this tag is not applied to facts.

Evidence · text

“reported undiluted at a 2.5 g/t Au cut-off grade within stope optimized mining shapes”

No QA/QC Disclosurenegative · Story-specific tag

Assays lack a certified lab, QA/QC methods and named relevant QP/CP responsibility in the full source. Named CP consent in scope counts; headings or old-release references alone do not. Correction approval does not verify unverified historical assays. Missing fields, partial text, plans or non-assay news prove no gap; never claim QA/QC was not performed.

Why it applies: The MD&A says sampling and assay data are monitored through a QA-QC program, but it does not provide the lab name, standards, blanks or duplicates details for the resource rows here.

Evidence · text

“monitored through the implementation of a quality assurance - quality control ("QA-QC") program”

Stale Data Re Releasenegative · Story-specific tag

Results are re-announced unchanged, without new assays or substantive reinterpretation. A material correction, withdrawal or new qualification of their location, ownership or reliability is new information, even without new assays. Historical context in a current announcement does not make it stale.

Why it applies: Several resource figures are explicitly referenced back to prior company releases rather than presented as new standalone assays in this MD&A.

Evidence · text

“Refer to the Company’s news release dated April 7, 2021”

Apparent Width Onlynegative · Story-specific tag

A reported assay interval gives downhole or apparent length without a disclosed true width. It describes geometric uncertainty, not a measured true thickness or proof that the interval is overstated; drill orientation alone is not a true-width measurement.

Why it applies: The document does not provide drill intercept true widths or orientations for the historical exploration results discussed in narrative form.

Evidence · text

“Analytical results for these drill holes were presented in the Company’s news release dated May 4, 2021”

Extracted facts

Stored fact records: 34. Some facts used in scoring do not have a stored record.

Resource Estimates (34)

measuredEskay Creek · goldTonnes: 17312000Grade: 4.2Grade Unit: g/tContained Metal: 2322Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:5f9a571a7ccd7c6d6654
Deposit or zone
Measured Pit

Resource Data

Category
measured
Tonnes
17312000
Grade
4.2
Grade Unit
g/t
Contained Metal
2322
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Measured open-pit gold resource with strong grade and contained metal at a stated cut-off.

Positive factors

  • Measured resource category
  • Large tonnage and high-grade open-pit constrained resource
  • NI 43-101 resource update with effective date stated

Negative factors

  • Cut-off and supporting assumptions must be read in the referenced technical report

Evidence · table

“Measured Pit”

Context: 17,312

Tags used in scoring

Measured Resourcepositive

A source-reported Measured Mineral Resource with sufficiently established geological continuity and quality. After the required study and Modifying Factors it may convert to a Proved/Proven or Probable Reserve; the resource classification alone is not a reserve or a demonstration of economic viability.

Why it applies: category is "measured"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

measuredEskay Creek · silverTonnes: 17312000Grade: 118.4Grade Unit: g/tContained Metal: 65908Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:5f9a571a7ccd7c6d6654
Deposit or zone
Measured Pit

Resource Data

Category
measured
Tonnes
17312000
Grade
118.4
Grade Unit
g/t
Contained Metal
65908
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Measured silver resource in the same open-pit constrained estimate, with very strong grade and contained ounces.

Positive factors

  • Measured category
  • Very high silver grade alongside the gold resource
  • Resource update is current to April 7, 2021

Negative factors

  • Metal equivalents and broader economic assumptions are not fully restated in the table

Evidence · table

“Measured Pit”

Context: 17,312

Tags used in scoring

Measured Resourcepositive

A source-reported Measured Mineral Resource with sufficiently established geological continuity and quality. After the required study and Modifying Factors it may convert to a Proved/Proven or Probable Reserve; the resource classification alone is not a reserve or a demonstration of economic viability.

Why it applies: category is "measured"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

measuredEskay Creek · goldTonnes: 345000Grade: 5.2Grade Unit: g/tContained Metal: 58Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:6b501561b4f0ae55559f
Deposit or zone
Measured UG

Resource Data

Category
measured
Tonnes
345000
Grade
5.2
Grade Unit
g/t
Contained Metal
58
Contained Unit
koz
Cutoff Grade
2.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: High-grade measured underground gold resource with strong confidence.

Positive factors

  • Measured underground resource category
  • High gold grade at underground cut-off
  • Contained ounces are explicitly stated

Negative factors

  • Underground resource is much smaller than the pit-constrained inventory

Evidence · table

“Measured UG”

Context: 345

Tags used in scoring

Measured Resourcepositive

A source-reported Measured Mineral Resource with sufficiently established geological continuity and quality. After the required study and Modifying Factors it may convert to a Proved/Proven or Probable Reserve; the resource classification alone is not a reserve or a demonstration of economic viability.

Why it applies: category is "measured"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

measuredEskay Creek · silverTonnes: 345000Grade: 67.3Grade Unit: g/tContained Metal: 747Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:6b501561b4f0ae55559f
Deposit or zone
Measured UG

Resource Data

Category
measured
Tonnes
345000
Grade
67.3
Grade Unit
g/t
Contained Metal
747
Contained Unit
koz
Cutoff Grade
2.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Measured underground silver resource with meaningful grade and disclosed contained ounces.

Positive factors

  • Measured underground silver resource
  • Contained ounces disclosed

Negative factors

  • Smaller tonnage than pit resource

Evidence · table

“Measured UG”

Context: 345

Tags used in scoring

Measured Resourcepositive

A source-reported Measured Mineral Resource with sufficiently established geological continuity and quality. After the required study and Modifying Factors it may convert to a Proved/Proven or Probable Reserve; the resource classification alone is not a reserve or a demonstration of economic viability.

Why it applies: category is "measured"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

measuredEskay Creek · goldTonnes: 17657000Grade: 4.2Grade Unit: g/tContained Metal: 2380Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:f428c81b2b71592c4e73
Deposit or zone
Total Measured

Resource Data

Category
measured
Tonnes
17657000
Grade
4.2
Grade Unit
g/t
Contained Metal
2380
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Combined measured gold resource total for the Eskay Creek estimate.

Positive factors

  • Total measured resource presented explicitly
  • High-grade combined measured inventory

Negative factors

  • Aggregated row combines pit and underground components

Evidence · table

“Total Measured”

Context: 17,657

Tags used in scoring

Measured Resourcepositive

A source-reported Measured Mineral Resource with sufficiently established geological continuity and quality. After the required study and Modifying Factors it may convert to a Proved/Proven or Probable Reserve; the resource classification alone is not a reserve or a demonstration of economic viability.

Why it applies: category is "measured"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

measuredEskay Creek · silverTonnes: 17657000Grade: 117.4Grade Unit: g/tContained Metal: 66655Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:f428c81b2b71592c4e73
Deposit or zone
Total Measured

Resource Data

Category
measured
Tonnes
17657000
Grade
117.4
Grade Unit
g/t
Contained Metal
66655
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Combined measured silver resource total for the Eskay Creek estimate.

Positive factors

  • Combined measured silver total disclosed

Negative factors

  • Aggregated across mining methods

Evidence · table

“Total Measured”

Context: 17,657

Tags used in scoring

Measured Resourcepositive

A source-reported Measured Mineral Resource with sufficiently established geological continuity and quality. After the required study and Modifying Factors it may convert to a Proved/Proven or Probable Reserve; the resource classification alone is not a reserve or a demonstration of economic viability.

Why it applies: category is "measured"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · goldTonnes: 20342000Grade: 2.2Grade Unit: g/tContained Metal: 1439Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:591aea2de6d1d8f8d91a
Deposit or zone
Indicated Pit

Resource Data

Category
indicated
Tonnes
20342000
Grade
2.2
Grade Unit
g/t
Contained Metal
1439
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Large indicated open-pit gold resource with solid grade and contained ounces.

Positive factors

  • Indicated category supports project confidence
  • Material open-pit tonnage with economic-grade gold

Negative factors

  • Lower grade than measured pit material

Evidence · table

“Indicated Pit”

Context: 20,342

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · silverTonnes: 20342000Grade: 52.5Grade Unit: g/tContained Metal: 34362Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:591aea2de6d1d8f8d91a
Deposit or zone
Indicated Pit

Resource Data

Category
indicated
Tonnes
20342000
Grade
52.5
Grade Unit
g/t
Contained Metal
34362
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Indicated open-pit silver resource with sizeable contained ounces.

Positive factors

  • Material indicated silver inventory

Negative factors

  • Lower grade than measured rows

Evidence · table

“Indicated Pit”

Context: 20,342

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · goldTonnes: 506000Grade: 4.9Grade Unit: g/tContained Metal: 79Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:4383149b0645e4a816df
Deposit or zone
Indicated UG

Resource Data

Category
indicated
Tonnes
506000
Grade
4.9
Grade Unit
g/t
Contained Metal
79
Contained Unit
koz
Cutoff Grade
2.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: High-grade indicated underground gold resource.

Positive factors

  • Indicated underground gold resource
  • Strong grade at underground cut-off

Negative factors

  • Small tonnage relative to open-pit resource

Evidence · table

“Indicated UG”

Context: 506

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · silverTonnes: 506000Grade: 35.8Grade Unit: g/tContained Metal: 583Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:4383149b0645e4a816df
Deposit or zone
Indicated UG

Resource Data

Category
indicated
Tonnes
506000
Grade
35.8
Grade Unit
g/t
Contained Metal
583
Contained Unit
koz
Cutoff Grade
2.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Indicated underground silver resource with contained ounces stated.

Positive factors

  • Indicated underground silver resource

Negative factors

  • Small tonnage

Evidence · table

“Indicated UG”

Context: 506

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · goldTonnes: 20848000Grade: 2.3Grade Unit: g/tContained Metal: 1518Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:1f0a77183579032b6ffd
Deposit or zone
Total Indicated

Resource Data

Category
indicated
Tonnes
20848000
Grade
2.3
Grade Unit
g/t
Contained Metal
1518
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Combined indicated gold total for the resource estimate.

Positive factors

  • Combined indicated total disclosed
  • Large scale resource base

Negative factors

  • Lower grade than measured total

Evidence · table

“Total Indicated”

Context: 20,848

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · silverTonnes: 20848000Grade: 52.1Grade Unit: g/tContained Metal: 34945Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:1f0a77183579032b6ffd
Deposit or zone
Total Indicated

Resource Data

Category
indicated
Tonnes
20848000
Grade
52.1
Grade Unit
g/t
Contained Metal
34945
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Combined indicated silver total for the resource estimate.

Positive factors

  • Combined indicated silver total disclosed

Negative factors

  • Lower grade than measured total

Evidence · table

“Total Indicated”

Context: 20,848

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · goldTonnes: 37654000Grade: 3.1Grade Unit: g/tContained Metal: 3761Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:db566d1e991fae78deed
Deposit or zone
M+l Pit

Resource Data

Category
indicated
Tonnes
37654000
Grade
3.1
Grade Unit
g/t
Contained Metal
3761
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Combined measured-and-indicated open-pit gold resource, classified to indicated under the least-confident constituent.

Positive factors

  • M&I open-pit gold total is substantial
  • Grade remains above economic threshold

Negative factors

  • Combined measure/indicated row masks category split

Evidence · table

“M+l Pit”

Context: 37,654

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · silverTonnes: 37654000Grade: 82.8Grade Unit: g/tContained Metal: 100270Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:db566d1e991fae78deed
Deposit or zone
M+l Pit

Resource Data

Category
indicated
Tonnes
37654000
Grade
82.8
Grade Unit
g/t
Contained Metal
100270
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Combined measured-and-indicated open-pit silver resource, classified conservatively as indicated.

Positive factors

  • Large combined pit-constrained silver inventory

Negative factors

  • Combined category is least-confident indicated

Evidence · table

“M+l Pit”

Context: 37,654

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · goldTonnes: 851000Grade: 5Grade Unit: g/tContained Metal: 137Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:54039837f45f621d2924
Deposit or zone
M+l UG

Resource Data

Category
indicated
Tonnes
851000
Grade
5
Grade Unit
g/t
Contained Metal
137
Contained Unit
koz
Cutoff Grade
2.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Combined measured-and-indicated underground gold resource with strong grade.

Positive factors

  • Combined M&I underground gold grade is strong

Negative factors

  • Combined category classified to indicated

Evidence · table

“M+l UG”

Context: 851

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · silverTonnes: 851000Grade: 48.6Grade Unit: g/tContained Metal: 1330Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:54039837f45f621d2924
Deposit or zone
M+l UG

Resource Data

Category
indicated
Tonnes
851000
Grade
48.6
Grade Unit
g/t
Contained Metal
1330
Contained Unit
koz
Cutoff Grade
2.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Combined measured-and-indicated underground silver resource, classified conservatively as indicated.

Positive factors

  • Combined underground silver inventory disclosed

Negative factors

  • Least-confident category is indicated

Evidence · table

“M+l UG”

Context: 851

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · goldTonnes: 38505000Grade: 3.1Grade Unit: g/tContained Metal: 3898Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:d8996219ec89df15e161
Deposit or zone
Total M+l

Resource Data

Category
indicated
Tonnes
38505000
Grade
3.1
Grade Unit
g/t
Contained Metal
3898
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Total measured-and-indicated gold resource for Eskay Creek, conservatively classified as indicated.

Positive factors

  • Very large combined M&I gold resource
  • Contained ounces are materially high

Negative factors

  • Combined category lowered to indicated for conservatism

Evidence · table

“Total M+l”

Context: 38,505

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedEskay Creek · silverTonnes: 38505000Grade: 82.1Grade Unit: g/tContained Metal: 101600Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:d8996219ec89df15e161
Deposit or zone
Total M+l

Resource Data

Category
indicated
Tonnes
38505000
Grade
82.1
Grade Unit
g/t
Contained Metal
101600
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Total measured-and-indicated silver resource for Eskay Creek.

Positive factors

  • Total measured-and-indicated silver resource is very large

Negative factors

  • Combined category conservatively assigned to indicated

Evidence · table

“Total M+l”

Context: 38,505

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

inferredEskay Creek · goldTonnes: 5239000Grade: 1Grade Unit: g/tContained Metal: 174Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:e25189a305f0ee5ec452
Deposit or zone
Inferred Pit

Resource Data

Category
inferred
Tonnes
5239000
Grade
1
Grade Unit
g/t
Contained Metal
174
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Open-pit inferred gold resource with lower grade and confidence than M&I material.

Positive factors

  • Inferred open-pit resource still adds scale

Negative factors

  • Inferred category carries lower confidence
  • Grade is materially lower than measured/indicated rows

Evidence · table

“Inferred Pit”

Context: 5,239

Tags used in scoring

Inferred Resourcenegative

A source-reported Inferred Mineral Resource with lower geological confidence than Indicated or Measured. It cannot be converted directly to a reserve or establish the reserve basis of a PFS/FS; applicable early-stage assessments may include it with the required cautions. Negative polarity describes confidence limitations, not proof of a poor deposit.

Why it applies: category is "inferred"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

inferredEskay Creek · silverTonnes: 5239000Grade: 25Grade Unit: g/tContained Metal: 4203Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:e25189a305f0ee5ec452
Deposit or zone
Inferred Pit

Resource Data

Category
inferred
Tonnes
5239000
Grade
25
Grade Unit
g/t
Contained Metal
4203
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Open-pit inferred silver resource.

Positive factors

  • Inferred silver contributes to project scale

Negative factors

  • Inferred category and lower grade

Evidence · table

“Inferred Pit”

Context: 5,239

Tags used in scoring

Inferred Resourcenegative

A source-reported Inferred Mineral Resource with lower geological confidence than Indicated or Measured. It cannot be converted directly to a reserve or establish the reserve basis of a PFS/FS; applicable early-stage assessments may include it with the required cautions. Negative polarity describes confidence limitations, not proof of a poor deposit.

Why it applies: category is "inferred"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

inferredEskay Creek · goldTonnes: 429000Grade: 4.1Grade Unit: g/tContained Metal: 57Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:f3c0f899780f6effbbaf
Deposit or zone
Inferred UG

Resource Data

Category
inferred
Tonnes
429000
Grade
4.1
Grade Unit
g/t
Contained Metal
57
Contained Unit
koz
Cutoff Grade
2.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Underground inferred gold resource with strong grade but lower confidence.

Positive factors

  • High-grade underground inferred gold remains present

Negative factors

  • Inferred classification limits confidence

Evidence · table

“Inferred UG”

Context: 429

Tags used in scoring

Inferred Resourcenegative

A source-reported Inferred Mineral Resource with lower geological confidence than Indicated or Measured. It cannot be converted directly to a reserve or establish the reserve basis of a PFS/FS; applicable early-stage assessments may include it with the required cautions. Negative polarity describes confidence limitations, not proof of a poor deposit.

Why it applies: category is "inferred"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

inferredEskay Creek · silverTonnes: 429000Grade: 57Grade Unit: g/tContained Metal: 787Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:f3c0f899780f6effbbaf
Deposit or zone
Inferred UG

Resource Data

Category
inferred
Tonnes
429000
Grade
57
Grade Unit
g/t
Contained Metal
787
Contained Unit
koz
Cutoff Grade
2.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Underground inferred silver resource with meaningful grade.

Positive factors

  • Underground inferred silver resource disclosed

Negative factors

  • Lower confidence category

Evidence · table

“Inferred UG”

Context: 429

Tags used in scoring

Inferred Resourcenegative

A source-reported Inferred Mineral Resource with lower geological confidence than Indicated or Measured. It cannot be converted directly to a reserve or establish the reserve basis of a PFS/FS; applicable early-stage assessments may include it with the required cautions. Negative polarity describes confidence limitations, not proof of a poor deposit.

Why it applies: category is "inferred"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

inferredEskay Creek · goldTonnes: 5668000Grade: 1.3Grade Unit: g/tContained Metal: 231Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:1feda882e13f5e6c2980
Deposit or zone
Total Inferred

Resource Data

Category
inferred
Tonnes
5668000
Grade
1.3
Grade Unit
g/t
Contained Metal
231
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Total inferred gold resource for Eskay Creek.

Positive factors

  • Inferred total still contributes material ounces

Negative factors

  • Inferred-only component has weaker confidence

Evidence · table

“Total Inferred”

Context: 5,668

Tags used in scoring

Inferred Resourcenegative

A source-reported Inferred Mineral Resource with lower geological confidence than Indicated or Measured. It cannot be converted directly to a reserve or establish the reserve basis of a PFS/FS; applicable early-stage assessments may include it with the required cautions. Negative polarity describes confidence limitations, not proof of a poor deposit.

Why it applies: category is "inferred"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

inferredEskay Creek · silverTonnes: 5668000Grade: 27.4Grade Unit: g/tContained Metal: 4990Contained Unit: kozView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:1feda882e13f5e6c2980
Deposit or zone
Total Inferred

Resource Data

Category
inferred
Tonnes
5668000
Grade
27.4
Grade Unit
g/t
Contained Metal
4990
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Total inferred silver resource for Eskay Creek.

Positive factors

  • Total inferred silver resource disclosed

Negative factors

  • Inferred category remains lower confidence

Evidence · table

“Total Inferred”

Context: 5,668

Tags used in scoring

Inferred Resourcenegative

A source-reported Inferred Mineral Resource with lower geological confidence than Indicated or Measured. It cannot be converted directly to a reserve or establish the reserve basis of a PFS/FS; applicable early-stage assessments may include it with the required cautions. Negative polarity describes confidence limitations, not proof of a poor deposit.

Why it applies: category is "inferred"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

indicatedSnip · goldTonnes: 165000Grade: 12Grade Unit: g/tContained Metal: 68Contained Unit: kozView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:7f9efb5b2d8a5401b5ac
Deposit or zone
Main - V

Resource Data

Category
indicated
Tonnes
165000
Grade
12
Grade Unit
g/t
Contained Metal
68
Contained Unit
koz
Cutoff Grade
2.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2020-07-21

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Very high-grade indicated underground gold resource at Snip.

Positive factors

  • Very high-grade indicated underground gold resource
  • Undiluted at a stated cut-off within stope optimized shapes

Negative factors

  • Small tonnage

Evidence · table

“Main - V”

Context: 165

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 6.3 years before this release

indicatedSnip · goldTonnes: 337000Grade: 15Grade Unit: g/tContained Metal: 163Contained Unit: kozView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:f36175fc840d41f5e1d2
Deposit or zone
Main - S

Resource Data

Category
indicated
Tonnes
337000
Grade
15
Grade Unit
g/t
Contained Metal
163
Contained Unit
koz
Cutoff Grade
2.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2020-07-21

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Exceptional-grade indicated underground gold resource at Snip.

Positive factors

  • Exceptional grade for underground gold
  • Contained ounces are substantial for the tonnage

Negative factors

  • Underground resource is relatively small in tonnage

Evidence · table

“Main - S”

Context: 337

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 6.3 years before this release

indicatedSnip · goldTonnes: 37000Grade: 10.4Grade Unit: g/tContained Metal: 12Contained Unit: kozView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:14e87ad5e161cc1040ee
Deposit or zone
Twin West

Resource Data

Category
indicated
Tonnes
37000
Grade
10.4
Grade Unit
g/t
Contained Metal
12
Contained Unit
koz
Cutoff Grade
2.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2020-07-21

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: High-grade indicated underground gold resource for Twin West.

Positive factors

  • High-grade underground gold interval equivalent resource row

Negative factors

  • Very small tonnage

Evidence · table

“Twin West”

Context: 37

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 6.3 years before this release

indicatedSnip · goldTonnes: 539000Grade: 14Grade Unit: g/tContained Metal: 244Contained Unit: kozView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:8ea930ca8af11d393f10
Deposit or zone
Total Indicated

Resource Data

Category
indicated
Tonnes
539000
Grade
14
Grade Unit
g/t
Contained Metal
244
Contained Unit
koz
Cutoff Grade
2.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2020-07-21

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Total indicated underground gold resource at Snip.

Positive factors

  • Maiden underground indicated resource total
  • Very strong average grade

Negative factors

  • Underground resource base still modest in tonnage

Evidence · table

“Total Indicated”

Context: 539

Tags used in scoring

Indicated Resourcepositive

A source-reported Indicated Mineral Resource with sufficient geological confidence to apply Modifying Factors and evaluate economic viability. It may support conversion to a Probable Reserve after the required study; it is not itself a reserve.

Why it applies: category is "indicated"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 6.3 years before this release

inferredSnip · goldTonnes: 287000Grade: 13.1Grade Unit: g/tContained Metal: 121Contained Unit: kozView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:8e52dbb7ffa2aaae666f
Deposit or zone
Main -V

Resource Data

Category
inferred
Tonnes
287000
Grade
13.1
Grade Unit
g/t
Contained Metal
121
Contained Unit
koz
Cutoff Grade
2.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2020-07-21

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: High-grade inferred underground gold resource at Snip.

Positive factors

  • High-grade inferred underground gold resource

Negative factors

  • Inferred category lowers certainty

Evidence · table

“Main -V”

Context: 287

Tags used in scoring

Inferred Resourcenegative

A source-reported Inferred Mineral Resource with lower geological confidence than Indicated or Measured. It cannot be converted directly to a reserve or establish the reserve basis of a PFS/FS; applicable early-stage assessments may include it with the required cautions. Negative polarity describes confidence limitations, not proof of a poor deposit.

Why it applies: category is "inferred"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 6.3 years before this release

inferredSnip · goldTonnes: 599000Grade: 13.4Grade Unit: g/tContained Metal: 258Contained Unit: kozView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:bd3cf2bf77fac1b57c89
Deposit or zone
Main - S

Resource Data

Category
inferred
Tonnes
599000
Grade
13.4
Grade Unit
g/t
Contained Metal
258
Contained Unit
koz
Cutoff Grade
2.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2020-07-21

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: High-grade inferred underground gold resource at Snip.

Positive factors

  • Large inferred underground gold zone at high grade

Negative factors

  • Inferred status

Evidence · table

“Main - S”

Context: 599

Tags used in scoring

Inferred Resourcenegative

A source-reported Inferred Mineral Resource with lower geological confidence than Indicated or Measured. It cannot be converted directly to a reserve or establish the reserve basis of a PFS/FS; applicable early-stage assessments may include it with the required cautions. Negative polarity describes confidence limitations, not proof of a poor deposit.

Why it applies: category is "inferred"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 6.3 years before this release

inferredSnip · goldTonnes: 56000Grade: 12.4Grade Unit: g/tContained Metal: 23Contained Unit: kozView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:f59b96fc6fbb5da4bce5
Deposit or zone
Twin West

Resource Data

Category
inferred
Tonnes
56000
Grade
12.4
Grade Unit
g/t
Contained Metal
23
Contained Unit
koz
Cutoff Grade
2.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2020-07-21

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: High-grade inferred underground gold resource for Twin West.

Positive factors

  • High-grade inferred zone

Negative factors

  • Small tonnage and inferred confidence

Evidence · table

“Twin West”

Context: 56

Tags used in scoring

Inferred Resourcenegative

A source-reported Inferred Mineral Resource with lower geological confidence than Indicated or Measured. It cannot be converted directly to a reserve or establish the reserve basis of a PFS/FS; applicable early-stage assessments may include it with the required cautions. Negative polarity describes confidence limitations, not proof of a poor deposit.

Why it applies: category is "inferred"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 6.3 years before this release

inferredSnip · goldTonnes: 942000Grade: 13.3Grade Unit: g/tContained Metal: 402Contained Unit: kozView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:406762266a5ca4dcfeaa
Deposit or zone
Total Inferred

Resource Data

Category
inferred
Tonnes
942000
Grade
13.3
Grade Unit
g/t
Contained Metal
402
Contained Unit
koz
Cutoff Grade
2.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2020-07-21

Lab

Laboratory
not stated

Review

Needs Review
No
Historical
No

Reasoning: Total inferred underground gold resource at Snip.

Positive factors

  • Maiden inferred underground resource total is robust
  • Contained ounces are large for the scale

Negative factors

  • Inferred category remains speculative relative to indicated

Evidence · table

“Total Inferred”

Context: 942

Tags used in scoring

Inferred Resourcenegative

A source-reported Inferred Mineral Resource with lower geological confidence than Indicated or Measured. It cannot be converted directly to a reserve or establish the reserve basis of a PFS/FS; applicable early-stage assessments may include it with the required cautions. Negative polarity describes confidence limitations, not proof of a poor deposit.

Why it applies: category is "inferred"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 6.3 years before this release

measuredEskay Creek · goldTonnes: 17657000Grade: 4.2Grade Unit: g/tContained Metal: 2380Contained Unit: kozHistorical resultNeeds review: historical_restatementView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:5718e0eb5faab6d49b4f
Deposit or zone
Total Measured

Resource Data

Category
measured
Tonnes
17657000
Grade
4.2
Grade Unit
g/t
Contained Metal
2380
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-04-07T00:00:00.000Z

Reasoning: The MD&A points readers to the April 7, 2021 resource release, making the estimate historical in this document context.

Positive factors

  • Resource estimate is explicitly referenced in the MD&A
  • Figures are stated verbatim in the document

Negative factors

  • This is a restatement of a prior news release rather than new estimate disclosure

Evidence · text

“Refer to the Company’s news release dated April 7, 2021”

Tags used in scoring

Measured Resourcepositive

A source-reported Measured Mineral Resource with sufficiently established geological continuity and quality. After the required study and Modifying Factors it may convert to a Proved/Proven or Probable Reserve; the resource classification alone is not a reserve or a demonstration of economic viability.

Why it applies: category is "measured"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

measuredEskay Creek · silverTonnes: 17657000Grade: 117.4Grade Unit: g/tContained Metal: 66655Contained Unit: kozHistorical resultNeeds review: historical_restatementView 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
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul Geddes
Resource group id
resource:5718e0eb5faab6d49b4f
Deposit or zone
Total Measured

Resource Data

Category
measured
Tonnes
17657000
Grade
117.4
Grade Unit
g/t
Contained Metal
66655
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-04-07

Lab

Laboratory
not stated

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-04-07T00:00:00.000Z

Reasoning: Historical restatement of the April 7, 2021 measured silver resource.

Positive factors

  • Historical resource figures are clearly repeated

Negative factors

  • Restated from prior release

Evidence · text

“Refer to the Company’s news release dated April 7, 2021”

Tags used in scoring

Measured Resourcepositive

A source-reported Measured Mineral Resource with sufficiently established geological continuity and quality. After the required study and Modifying Factors it may convert to a Proved/Proven or Probable Reserve; the resource classification alone is not a reserve or a demonstration of economic viability.

Why it applies: category is "measured"

Cut Off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is 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

Stale Estimatenegative

The estimate effective date exceeds the MRE_STALENESS window measured at the document event date. Preserve the actual dates; age alone does not establish non-compliance or a change in the resource.

Why it applies: effective date is 5.6 years before this release

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.