Eskay Mining 2025 Prospecting and Mapping Program Geared to Advance Two High-Value Targets to Drill Readiness
Eskay Mining Corp. (ESKYF) has announced its 2025 prospecting and mapping program focusing on two high-value targets: the TV Zone and the C10-Vermillion-Ted Morris (TM) trend. The program aims to advance both targets to drill readiness with potential for a drill campaign this season.
The company's 2024 prospecting revealed significant results, particularly high-grade outcrop gold and silver findings along a 4km stretch of the C10-Vermillion-Ted Morris trend. Sampling yielded impressive grades of up to 205 gpt Au and 371 gpt Ag. The C10-Vermillion area shows gold, silver, and copper mineralization, suggesting a possible porphyry system at depth.
The TV Zone, entering its 5th season of exploration, features an extensive high-grade VMS stockwork. The company believes finding the proper seafloor position could lead to a discovery similar to the prolific Eskay Mine's 21B zone. The project is located approximately 9 km west of Newmont's Valley of the Kings mine, which was acquired for $2.8 Billion USD in 2021.
Eskay Mining Corp. (ESKYF) ha annunciato il suo programma di prospezione e mappatura per il 2025, concentrandosi su due obiettivi di alto valore: la Zona TV e il trend C10-Vermillion-Ted Morris (TM). Il programma mira a preparare entrambi gli obiettivi per la perforazione, con il potenziale per una campagna di perforazione in questa stagione.
La prospezione dell'azienda nel 2024 ha rivelato risultati significativi, in particolare scoperte di oro e argento ad alto grado lungo un tratto di 4 km del trend C10-Vermillion-Ted Morris. I campionamenti hanno mostrato gradi impressionanti fino a 205 gpt Au e 371 gpt Ag. L'area C10-Vermillion presenta mineralizzazione di oro, argento e rame, suggerendo un possibile sistema porfirico in profondità.
La Zona TV, che sta entrando nella sua quinta stagione di esplorazione, presenta un ampio stockwork VMS ad alto grado. L'azienda crede che trovare la giusta posizione sul fondo marino potrebbe portare a una scoperta simile a quella della prolifica zona 21B della miniera Eskay. Il progetto si trova a circa 9 km a ovest della miniera Valley of the Kings di Newmont, acquisita per 2,8 miliardi di dollari USA nel 2021.
Eskay Mining Corp. (ESKYF) ha anunciado su programa de prospección y mapeo para 2025, centrado en dos objetivos de alto valor: la Zona TV y la tendencia C10-Vermillion-Ted Morris (TM). El programa tiene como objetivo avanzar ambos objetivos hacia la preparación para perforaciones, con el potencial de una campaña de perforación esta temporada.
La prospección de la compañía en 2024 reveló resultados significativos, especialmente hallazgos de oro y plata de alta ley a lo largo de un tramo de 4 km de la tendencia C10-Vermillion-Ted Morris. El muestreo arrojó grados impresionantes de hasta 205 gpt Au y 371 gpt Ag. La zona C10-Vermillion muestra mineralización de oro, plata y cobre, lo que sugiere un posible sistema porfirítico en profundidad.
La Zona TV, que entra en su quinta temporada de exploración, presenta un extenso stockwork VMS de alta ley. La compañía cree que encontrar la posición adecuada en el fondo marino podría llevar a un descubrimiento similar a la prolífica zona 21B de la mina Eskay. El proyecto se encuentra aproximadamente a 9 km al oeste de la mina Valley of the Kings de Newmont, que fue adquirida por 2,8 mil millones de dólares estadounidenses en 2021.
에스케이 마이닝 코퍼레이션 (ESKYF)은 2025년 탐사 및 매핑 프로그램을 발표하며 두 개의 고가치 목표인 TV 존과 C10-버밀리온-테드 모리스 (TM) 트렌드에 집중하고 있습니다. 이 프로그램은 두 목표를 시추 준비 상태로 발전시키는 것을 목표로 하며, 이번 시즌에 시추 캠페인의 가능성을 가지고 있습니다.
회사의 2024년 탐사 결과는 특히 C10-버밀리온-테드 모리스 트렌드의 4km 구간에서 고품질의 금과 은 발견을 포함하여 상당한 성과를 거두었습니다. 샘플링 결과는 최대 205 gpt Au 및 371 gpt Ag의 인상적인 등급을 보여주었습니다. C10-버밀리온 지역은 금, 은, 구리 광물이 발견되어 깊은 곳에 가능한 포르피리 시스템을 시사하고 있습니다.
TV 존은 탐사의 5번째 시즌에 접어들면서 광범위한 고품질 VMS 스탁워크를 특징으로 합니다. 회사는 적절한 해저 위치를 찾는 것이 에스케이 광산의 21B 구역과 유사한 발견으로 이어질 수 있다고 믿고 있습니다. 이 프로젝트는 2021년 28억 달러에 인수된 뉴몬트의 킹스 계곡 광산에서 약 9km 서쪽에 위치하고 있습니다.
Eskay Mining Corp. (ESKYF) a annoncé son programme de prospection et de cartographie pour 2025, axé sur deux cibles de grande valeur : la zone TV et la tendance C10-Vermillion-Ted Morris (TM). Le programme vise à préparer les deux cibles pour le forage, avec un potentiel pour une campagne de forage cette saison.
La prospection de l'entreprise en 2024 a révélé des résultats significatifs, notamment des découvertes d'or et d'argent de haute qualité sur une étendue de 4 km de la tendance C10-Vermillion-Ted Morris. Les échantillons ont montré des teneurs impressionnantes allant jusqu'à 205 gpt Au et 371 gpt Ag. La zone C10-Vermillion présente une minéralisation en or, argent et cuivre, suggérant un possible système porphyrique en profondeur.
La zone TV, qui entre dans sa cinquième saison d'exploration, présente un vaste stockwork VMS de haute qualité. L'entreprise croit que trouver la bonne position sur le fond marin pourrait conduire à une découverte similaire à celle de la prolifique zone 21B de la mine Eskay. Le projet est situé à environ 9 km à l'ouest de la mine Valley of the Kings de Newmont, acquise pour 2,8 milliards de dollars américains en 2021.
Eskay Mining Corp. (ESKYF) hat sein Prospektions- und Kartierungsprogramm für 2025 angekündigt, das sich auf zwei hochkarätige Ziele konzentriert: die TV-Zone und den C10-Vermillion-Ted Morris (TM) Trend. Das Programm zielt darauf ab, beide Ziele zur Bohrbereitschaft weiterzuentwickeln, mit dem Potenzial für eine Bohrkampagne in dieser Saison.
Die Prospektion des Unternehmens im Jahr 2024 ergab bedeutende Ergebnisse, insbesondere hochwertige Gold- und Silberfunde entlang eines 4 km langen Abschnitts des C10-Vermillion-Ted Morris Trends. Die Probenahme ergab beeindruckende Gehalte von bis zu 205 gpt Au und 371 gpt Ag. Das Gebiet C10-Vermillion zeigt Mineralisierungen von Gold, Silber und Kupfer, was auf ein mögliches porphyrisches System in der Tiefe hinweist.
Die TV-Zone, die in ihre fünfte Erkundungssaison eintritt, verfügt über ein umfangreiches hochgradiges VMS-Stockwerk. Das Unternehmen glaubt, dass das Finden der richtigen Position auf dem Meeresboden zu einer Entdeckung führen könnte, die der ergiebigen 21B-Zone der Eskay-Mine ähnelt. Das Projekt liegt etwa 9 km westlich der Valley of the Kings-Mine von Newmont, die 2021 für 2,8 Milliarden USD erworben wurde.
- High-grade sampling results from 2024: up to 205 gpt Au and 371 gpt Ag
- Strategic location 9 km from Newmont's $2.8B Valley of the Kings mine
- Extensive property holdings of 52,600 hectares (177 claims) in the Golden Triangle
- No confirmed major discovery yet despite multiple seasons of exploration
- drill campaign scope for 2025
- Proper seafloor position at TV Zone still not identified after 4 seasons
TORONTO, ON / ACCESS Newswire / February 20, 2025 / Eskay Mining Corp. ("Eskay" or the "Company")(TSXV:ESK)(OTC PINK:ESKYF)(Frankfurt:KN7)(WKN:OYDPM) is pleased to announce its 2025 prospecting and mapping program at two high-value targets, the TV Zone and the C10-Vermillion-Ted Morris (TM) trend. This work is expected to bring both targets to drill readiness with the possibility of executing a limited drill campaign this coming season.
Mac Balkam C.E.O. & President commented "Our 2024 prospecting program was commissioned to establish a short list of high-value targets for follow up work in 2025. Assay results from 2024 prospecting surpassed expectations, and in particular, revealed high-grade outcrop gold and silver results along a 4km stretch of the C10-Vermillion-Ted Morris trend now considered a very promising prospective drill target. Our initial drilling success from 2020 through 2022 at TV revealed a high-grade gold stockwork feeder for a VMS system. We remain convinced that locating the seafloor position above this will lead to a major VMS discovery."
In early July, 2025, Eskay's team will continue prospecting along the 4 km C10-Vermillion-Ted Morris trend to follow up on the 2024 discovery of numerous high-grade quartz-carbonate-sulfide veins and stockwork veining in shear zones. Sampling here yielded Au and Ag grades as high as 205gpt and 371gpt, respectively. At C10-Vermillion, copper accompanies gold and silver suggesting the possibility that these veins may be rooted in a porphyry at depth. Results from Ted Morris are similar to those at C10-Vermillion but with less copper. Encouragingly, a sequence of flat stacked veins was discovered at Ted Morris. See link for 2024 Prospecting Results https://eskaymining.com/news/news-releases/eskay-minings-boots-on-the-ground-campaign-yiel-9576.
Eskay Mining believes its 2025 campaign including possible drilling of these high-value targets could lead to a significant discovery. The C10-Vermillion-Ted Morris trend situated in the southern part of the Consolidated Eskay Property lies approximately 9 km due west of Newmont's Valley of the Kings mine purchased in 2021 for
Eskay's exploration team will return to the TV Zone for a 5th season in pursuit of "Eskay II." To date, TV is primarily and extensive high-grade VMS stockwork. The proper seafloor position where a VMS deposit might reside has yet to be discovered and remains an important target. Balkam re-enforced "we believe locating the seafloor at TV could result in a discovery like the 21B zone that lead to the discovery of the prolific Eskay Mine. We hope to make our own "hole 109" discovery."
Dr. Quinton Hennigh, P. Geo., a Director of the Company and its technical adviser, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical contents of this news release.
Eskay Mining Corp (TSXV:ESK) is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. Eskay is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the "Golden Triangle," 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (52,600 hectares).
All material information on the Company may be found on its website at www.eskaymining.com and on SEDAR+ at www.sedarplus.com.
For further information, please contact:
Mac Balkam T: 416 907 4020
President & Chief Executive Officer E: Mac@eskaymining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements
SOURCE: Eskay Mining Corp.
View the original press release on ACCESS Newswire
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