# Untitled mining news story

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d

Original source: https://www.sec.gov/Archives/edgar/data/1713748/000110465921129014/tm2124138d1_ex99-27.htm

Publisher: research

Original announcement: Unknown date

Analysis by Minestarters Atlas

Atlas analysis published: 2026-11-09T19:53:53.568Z

Atlas analysis updated: 2026-11-09T19:53:53.568Z

- 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

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas summary

This is Skeena Resources' March 31, 2021 MD&amp;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&amp;A / corporate update is the dominant document type, with resource, exploration, permitting and financing updates embedded as supporting content.

- Positive factor: Contains a qualified-person reviewed MD&amp;A with substantive project and resource updates

- Positive factor: Reports completion and incorporation of the Eskay Creek 2021 resource update

- Positive factor: Discloses financing activity and improved liquidity

- Negative factor: No single current technical event dominates the document

- Negative factor: Much of the content is historical, financial, or boilerplate

- Negative factor: Some drill and resource disclosures are restatements of prior releases

- Rubric flag: resource\_update extraction from MD&amp;A context — The document is primarily a corporate MD&amp;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 Signed**

Polarity: positive

Story-specific tag

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

Evidence · text

> reviewed and approved by the Board of Directors

**NI 43-101 Compliant**

Polarity: positive

Story-specific tag

Definition: 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 Drilling**

Polarity: neutral

Story-specific tag

Definition: 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 Extension**

Polarity: positive

Story-specific tag

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The MD&amp;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 Play**

Polarity: neutral

Story-specific tag

Definition: 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 Intercept**

Polarity: positive

Story-specific tag

Definition: 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 Disclosed**

Polarity: positive

Story-specific tag

Definition: 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 Disclosure**

Polarity: negative

Story-specific tag

Definition: 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&amp;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-release**

Polarity: negative

Story-specific tag

Definition: 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&amp;A.

Evidence · text

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

**Apparent Width Only**

Polarity: negative

Story-specific tag

Definition: 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)

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: Measured resource category

- Positive factor: Large tonnage and high-grade open-pit constrained resource

- Positive factor: NI 43-101 resource update with effective date stated

- Negative factor: 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 Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: Measured category

- Positive factor: Very high silver grade alongside the gold resource

- Positive factor: Resource update is current to April 7, 2021

- Negative factor: 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 Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: Measured underground resource category

- Positive factor: High gold grade at underground cut-off

- Positive factor: Contained ounces are explicitly stated

- Negative factor: Underground resource is much smaller than the pit-constrained inventory

Evidence · table

> Measured UG

Context: 345

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: Measured underground silver resource

- Positive factor: Contained ounces disclosed

- Negative factor: Smaller tonnage than pit resource

Evidence · table

> Measured UG

Context: 345

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: Total measured resource presented explicitly

- Positive factor: High-grade combined measured inventory

- Negative factor: Aggregated row combines pit and underground components

Evidence · table

> Total Measured

Context: 17,657

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: Combined measured silver total disclosed

- Negative factor: Aggregated across mining methods

Evidence · table

> Total Measured

Context: 17,657

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-6)

Eskay Creek · gold

#### 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 factor: Indicated category supports project confidence

- Positive factor: Material open-pit tonnage with economic-grade gold

- Negative factor: Lower grade than measured pit material

Evidence · table

> Indicated Pit

Context: 20,342

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-7)

Eskay Creek · silver

#### 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 factor: Material indicated silver inventory

- Negative factor: Lower grade than measured rows

Evidence · table

> Indicated Pit

Context: 20,342

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: Indicated underground gold resource

- Positive factor: Strong grade at underground cut-off

- Negative factor: Small tonnage relative to open-pit resource

Evidence · table

> Indicated UG

Context: 506

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: Indicated underground silver resource

- Negative factor: Small tonnage

Evidence · table

> Indicated UG

Context: 506

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: Combined indicated total disclosed

- Positive factor: Large scale resource base

- Negative factor: Lower grade than measured total

Evidence · table

> Total Indicated

Context: 20,848

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: Combined indicated silver total disclosed

- Negative factor: Lower grade than measured total

Evidence · table

> Total Indicated

Context: 20,848

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: M&amp;I open-pit gold total is substantial

- Positive factor: Grade remains above economic threshold

- Negative factor: Combined measure/indicated row masks category split

Evidence · table

> M+l Pit

Context: 37,654

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#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: 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 factor: Large combined pit-constrained silver inventory

- Negative factor: Combined category is least-confident indicated

Evidence · table

> M+l Pit

Context: 37,654

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-14)

Eskay Creek · gold

#### 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 factor: Combined M&amp;I underground gold grade is strong

- Negative factor: Combined category classified to indicated

Evidence · table

> M+l UG

Context: 851

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-15)

Eskay Creek · silver

#### 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 factor: Combined underground silver inventory disclosed

- Negative factor: Least-confident category is indicated

Evidence · table

> M+l UG

Context: 851

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-16)

Eskay Creek · gold

#### 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 factor: Very large combined M&amp;I gold resource

- Positive factor: Contained ounces are materially high

- Negative factor: Combined category lowered to indicated for conservatism

Evidence · table

> Total M+l

Context: 38,505

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-17)

Eskay Creek · silver

#### 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 factor: Total measured-and-indicated silver resource is very large

- Negative factor: Combined category conservatively assigned to indicated

Evidence · table

> Total M+l

Context: 38,505

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-18)

Eskay Creek · gold

#### 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&amp;I material.

- Positive factor: Inferred open-pit resource still adds scale

- Negative factor: Inferred category carries lower confidence

- Negative factor: Grade is materially lower than measured/indicated rows

Evidence · table

> Inferred Pit

Context: 5,239

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-19)

Eskay Creek · silver

#### 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 factor: Inferred silver contributes to project scale

- Negative factor: Inferred category and lower grade

Evidence · table

> Inferred Pit

Context: 5,239

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-20)

Eskay Creek · gold

#### 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 factor: High-grade underground inferred gold remains present

- Negative factor: Inferred classification limits confidence

Evidence · table

> Inferred UG

Context: 429

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-21)

Eskay Creek · silver

#### 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 factor: Underground inferred silver resource disclosed

- Negative factor: Lower confidence category

Evidence · table

> Inferred UG

Context: 429

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-22)

Eskay Creek · gold

#### 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 factor: Inferred total still contributes material ounces

- Negative factor: Inferred-only component has weaker confidence

Evidence · table

> Total Inferred

Context: 5,668

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-23)

Eskay Creek · silver

#### 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 factor: Total inferred silver resource disclosed

- Negative factor: Inferred category remains lower confidence

Evidence · table

> Total Inferred

Context: 5,668

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-24)

Snip · gold

#### 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 factor: Very high-grade indicated underground gold resource

- Positive factor: Undiluted at a stated cut-off within stope optimized shapes

- Negative factor: Small tonnage

Evidence · table

> Main - V

Context: 165

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-25)

Snip · gold

#### 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 factor: Exceptional grade for underground gold

- Positive factor: Contained ounces are substantial for the tonnage

- Negative factor: Underground resource is relatively small in tonnage

Evidence · table

> Main - S

Context: 337

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-26)

Snip · gold

#### 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 factor: High-grade underground gold interval equivalent resource row

- Negative factor: Very small tonnage

Evidence · table

> Twin West

Context: 37

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-27)

Snip · gold

#### 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 factor: Maiden underground indicated resource total

- Positive factor: Very strong average grade

- Negative factor: Underground resource base still modest in tonnage

Evidence · table

> Total Indicated

Context: 539

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-28)

Snip · gold

#### 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 factor: High-grade inferred underground gold resource

- Negative factor: Inferred category lowers certainty

Evidence · table

> Main -V

Context: 287

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-29)

Snip · gold

#### 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 factor: Large inferred underground gold zone at high grade

- Negative factor: Inferred status

Evidence · table

> Main - S

Context: 599

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-30)

Snip · gold

#### 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 factor: High-grade inferred zone

- Negative factor: Small tonnage and inferred confidence

Evidence · table

> Twin West

Context: 56

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-31)

Snip · gold

#### 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 factor: Maiden inferred underground resource total is robust

- Positive factor: Contained ounces are large for the scale

- Negative factor: Inferred category remains speculative relative to indicated

Evidence · table

> Total Inferred

Context: 942

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-32)

Eskay Creek · gold

Historical result

Needs review: historical\_restatement

#### 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&amp;A points readers to the April 7, 2021 resource release, making the estimate historical in this document context.

- Positive factor: Resource estimate is explicitly referenced in the MD&amp;A

- Positive factor: Figures are stated verbatim in the document

- Negative factor: 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 Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/mining-news--a423f0f9-d698-4c49-bfb8-aff9b8ea495d#fact-resource-facts-33)

Eskay Creek · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Historical resource figures are clearly repeated

- Negative factor: Restated from prior release

Evidence · text

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

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: 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.
