Welcome to our dedicated page for ESKAY MINING news (Ticker: ESKYF), a resource for investors and traders seeking the latest updates and insights on ESKAY MINING stock.
Eskay Mining Corp. (Eskay) is a TSX Venture Exchange listed company that focuses on exploring and developing precious and base metals in the Golden Triangle of British Columbia. With 177 claims totaling 52,600 hectares, Eskay aims to make significant resource discoveries. Recent achievements include identifying new high-priority drill targets and significant mineralization at various sites like Tarn Lake, Cumberland, Scarlet Knob-Bruce Glacier, and more. Eskay has entered into a non-binding letter of intent with P2 Gold Inc. to acquire P2 in a business combination transaction, which is expected to enhance exploration capabilities in the Golden Triangle and Nevada.
Eskay Mining Corp. has appointed Riaz Mirza as Geophysical Advisor, enhancing its exploration capabilities in the Golden Triangle region. Mirza, founder of Simcoe Geoscience, brings extensive experience in geophysical data application for precious and base metal exploration. His team has analyzed Eskay's existing geophysical data, identifying similarities with the original Eskay Creek deposit, which could lead to new exploration targets. The company plans to leverage these insights to optimize its 2023 exploration strategies, focusing on notable magnetic anomalies and potential VMS deposits across its Consolidated Eskay project area.
Eskay Mining Corp. reported promising diamond drill results from its 2022 exploration program on the Consolidated Eskay Property in British Columbia. The exploration revealed significant new trends of VMS mineralization, notably along the Scarlet-Tarn corridor. Key highlights include drill hole TV22-105 returning 4.61 gpt Au and 22.17 gpt Ag over 6.28m, and TV22-120 showing 3.36 gpt Au and 109.50 gpt Ag over 2.00m. The 2022 campaign totaled 29,500m of drilling, focusing on identifying new precious metal-rich deposits. This progress underscores Eskay's objective of discovering high-grade VMS systems, enhancing its potential in the mining sector.
Eskay Mining Corp. has confirmed a significant precious metal-rich volcanogenic massive sulfide (VMS) system at Tarn Lake-Scarlet Knob in British Columbia's Golden Triangle. Highlights from the 2022 exploration include a rock chip sample from Scarlet Knob yielding 56.9 g/t Au and 154 g/t Ag, with additional samples showing gold grades up to 56.6 g/t. Preliminary drilling results from Tarn Lake indicate 4.10 g/t Au and 98.30 g/t Ag over 5.43m. The company plans further drilling in 2023 to explore connectivity between the two locations. The site has geological similarities to the Eskay Creek deposit, and results suggest the potential for additional high-grade VMS deposits.
Eskay Mining Corp (TSX-V: ESK, OTCQX: ESKYF) announced an expansion of the TV-Jeff VMS mineralized corridor, confirming a physical link with the Eskay Creek-SIB-Lulu system. Recent assays revealed high-grade intersections, including 3.36 gpt Au and 109.50 gpt Ag over 2.00m in hole TV22-97 and 15.44 gpt Au over 1.59m in hole J22-89. The mineralization extends over 3.1 km and suggests significant potential for further discoveries. The 2022 exploration program resulted in 29,500m of drilling, with more assay results pending from various locations, enhancing the company's exploration outlook for 2023.
Eskay Mining Corp has successfully completed 29,500 meters of diamond core drilling as part of its 2022 exploration campaign in British Columbia. The drilling targeted various volcanogenic massive sulfide (VMS) deposits such as Jeff and Tarn Lake, confirming significant mineralization extent. Preliminary results indicate the discovery of promising sulfide mineralization, particularly at Scarlet Valley and Tarn Lake, with anomalous concentrations of pathfinder elements like Ag, As, and Sb. The company is now preparing for further exploration in 2023.
Eskay Mining Corp. has reported significant progress in its drilling program at Scarlet Valley, part of the Consolidated Eskay project in British Columbia. The company has completed 22,272 m of diamond core drilling, 74% of its 30,000 m target for 2022. Initial results from drill hole SV22-1 show 95 m of intense sulfide mineralization. The exploration team aims to identify new VMS targets, with plans to expand drilling to Tarn Lake following Scarlet Valley. The positive performance aligns with Eskay's ambitious exploration program.
FAQ
What is the current stock price of ESKAY MINING (ESKYF)?
What is the market cap of ESKAY MINING (ESKYF)?
Where does Eskay Mining Corp. focus its exploration efforts?
What recent achievements has Eskay Mining Corp. made?
What is the non-binding letter of intent Eskay Mining Corp. has entered into?
How many claims does Eskay Mining Corp. hold in the Golden Triangle?
What are some of the key sites where Eskay Mining Corp. has found significant mineralization?
