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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. announced the discovery of multiple new volcanogenic massive sulfide (VMS) targets in the Scarlet Ridge region of its Consolidated Eskay project in British Columbia. The company has completed 12,093m of its planned 30,000m diamond drilling for 2022, with drilling now underway at Scarlet Ridge South. Investigations have identified a minimum 5 km trend of VMS systems, expanding the potential of this district. The presence of mineralization suggests continued exploration could yield significant precious metal resources.
Eskay Mining Corp. (TSXV:ESK, OTCQX:ESKYF) has announced significant discoveries of new volcanogenic massive sulfide (VMS) deposits in its Consolidated Eskay project in British Columbia. The company completed 5,370 meters of drilling in 13 holes, representing 18% of its 30,000-meter target for 2022. Notable findings include the extension of the TV-Jeff VMS system and confirmations of new systems at Scarlet Ridge and Excelsior South, indicating potential for further discoveries. The exploration program is described as the most aggressive in the property’s history.
Eskay Mining Corp has announced the grant of 2,200,000 options to purchase common shares at $1.81 each for a period of five years. This option grant is directed towards officers, directors, and consultants and is subject to acceptance by the TSX Venture Exchange. Eskay Mining is focused on exploration and development of precious and base metals in the Golden Triangle region of British Columbia, holding 177 mineral claims over 52,600 hectares.
Eskay Mining Corp. has announced the start of its 2022 exploration campaign at the Consolidated Eskay VMS Project in British Columbia, featuring a 30,000 m diamond drill program. The exploration team's efforts include setting up camps and deploying prospecting and mapping teams to identify new high-priority drill targets. Initial drilling will begin on June 1, 2022, in the TV-Jeff corridor, which has shown promising results from previous analyses. The focus areas also include Scarlet Ridge and Excelsior. The company aims for significant discoveries this year.
Eskay Mining Corp has successfully completed the final tranche of a non-brokered private placement, raising a total of $7 million. This includes the recent placement of 1,555,557 flow-through units at $3.15 each, generating proceeds of approximately $4.9 million. Funds will support exploration activities at the company's Consolidated Eskay VMS project in British Columbia's Golden Triangle. The company also issued warrants allowing the purchase of shares at $3.40 until April 2024.
Eskay Mining Corp has successfully closed the first tranche of its private placement, raising $2.1 million from the sale of 666,666 flow-through units at $3.15 each. The proceeds will be directed towards the exploration of the Company’s Consolidated Eskay project in British Columbia's Golden Triangle. The remaining tranche, expected to close on or around April 20, 2022, aims to raise funds up to $7 million. Each unit includes a common share and a warrant at $3.40, expiring April 6, 2024.
Eskay Mining Corp has announced a non-brokered private placement to raise up to $7 million through the sale of Charity FT Units at C$3.15 each. Proceeds will fund exploration activities in the Golden Triangle region of British Columbia. The Offering consists of one common share and a warrant allowing purchase of a common share at C$3.40 within 24 months post-closing, expected around April 20, 2022. This financing, coupled with anticipated warrant exercises, aims to support Eskay's extensive exploration plans for 2022.
Eskay Mining Corp. has identified numerous new drill targets at its Consolidated Eskay precious metal-rich VMS project in British Columbia, based on recent soil and rock chip analyses. The new targets span three main areas: TV-Jeff region, C-10-Vermillion-Spearhead, and Scarlet Ridge. Highlights include eight new drill sites near the TV and Jeff deposits, with high-grade samples of 12.7 gpt Au and 322.0 gpt Ag from the Vermillion site. The company plans aggressive exploration in 2022 to refine these targets and further explore areas with historic VMS mineralization.
Eskay Mining Corp. announced the completion of its 2021 diamond drill campaign at the Consolidated Eskay Project, revealing several high-grade precious metal-rich volcanogenic massive sulfide (VMS) intercepts. Significant results include 24.69 gpt Au eq over 1.99m and 29.02 gpt Au eq over 0.72m at the TV deposit. The company confirmed the discovery of a similar VMS system at the C-10 prospect, with an intercept of 31.16 gpt Au eq over 1.95m. The encouraging assay results from both the TV and Jeff deposits suggest strong potential for further exploration and expansion in 2022.
Eskay Mining Corp. (TSXV: ESK, OTCQX: ESKYF) announced strong assay results from its Summer 2021 diamond drill campaign at the Consolidated Eskay project in British Columbia. Highlights include hole TV21-67 with 10.34 gpt Au eq over 11.93m and TV21-71 with 14.44 gpt Au eq over 9.36m. These results suggest a significant precious metal-rich VMS system, reinforcing the potential for high-grade mineralization. The mineralization remains open in multiple directions, indicating promising exploration opportunities ahead as the company continues to assess these deposits.
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