Eskay Mining Corp. wishes to announce that it has closed a non-brokered private placement offering with the sale of 3,350,000 working capital units of the Company at a price of $0.12 per WC Unit for $402,000 and 250,000 flow-through units of the Company at a price of $0.16 per FT Unit for $40,000 for aggregate proceeds of $442,000 . Each WC Unit comprises one common share of the Company and one common share purchase [...]
Eskay Mining Corp. is pleased to announce that it has teamed up with one of the world's leading economic geology research teams, the Colorado School of Mines to enhance its chances for discovery at its Eskay Creek area properties, the SIB and Corey. The research team is led by Dr. Thomas Monecke, Associate Professor of Economic Geology, a globally renowned expert in volcanogenic massive sulfide deposits. His post-doctoral [...]
Mr. Hugh M. Balkam , President, Chief Executive Officer and a director of Eskay Mining Corp. , wishes to advise that his ownership interest in Eskay has increased by more than 2%. The Acquirer filed an early warning report with respect to the securities of Eskay on March 4, 2016. On September 4, 2019, the Acquiror entered into an agreement to acquire ownership of 1,263,157 Common Shares of Eskay through a company [...]
Eskay Mining Corp. is pleased announce that it is adding Dr. Quinton Hennigh to its geological advisory team. Dr. Hennigh joins Charlie Greig, Tom Weis, Andrew Mitchell and Neil Prowse on the Company’s Geological Advisory Team. Dr. Hennigh has been granted 350,000 stock options exercisable at $0.10 per share for five years. The grant is subject to acceptance by the TSX Venture Exchange. Dr. Quinton Hennigh is an [...]
Eskay Mining Corp. wishes to announce that it has entered into agreement to settle an aggregate of $90,000 of management fees owed to a company controlled by an insider of the Company in consideration for the issuance of 1,263,157 common shares of the Company at a price of $0.07125 per share. The disinterested directors of the Company have approved the debt settlement with the insider and his affiliated company. The debt [...]
Eskay Mining Corp. ; wishes to announce that it has retained Red Cloud Klondike Strike Inc. to provide the Company with capital markets advisory services for a monthly fee and a transaction fee. Red Cloud is a “new concept” capital markets advisory firm dedicated to the mining sector. It uses its global network of capital markets specialists and extensive experience in the many facets of the business to help [...]
Eskay Mining Corp. wishes to announce that an aggregate of 2,500,000 options to purchase common shares of Eskay at $ 0.08 per share for five years have been granted to three directors and two consultants of Eskay. The grant is subject to acceptance by the TSX Venture Exchange. About Eskay Mining Corp: Eskay Mining Corp. is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. Eskay is an exploration [...]
Eskay Mining Corp. is pleased to report the latest assay results and preliminary interpretations from the 2018 SIB property drill campaign. One highlight is that broad intervals of encouraging Volcanogenic Massive Sulphide feeder-style mineralization were intercepted in two holes collared in the hangingwall of the Coulter Creek Thrust Fault . One of the holes, EK18-160, intersected 61.9 g/t gold and 8.9 g/t silver over [...]
Eskay Mining Corp. wishes to announce that SSRMining Inc. has advised the Company that it intends to terminate the optionagreement originally announced in the Company's press release dated April 26,2017 and return the SIB property to the Company by year-end 2018. The Companyis currently analyzing the final results of the 2018 exploration program completedby SSR Mining, referred to in the Company's press release of October [...]
Eskay Mining Corp. is pleased to announce the completion of a 9,134 m, 11 hole diamond drill program on its SIB property, funded by SSR Mining Inc. . The program was designed to test for precious metals-enriched VMS mineralization in the extensive and relatively under-explored stratigraphy beneath the Coulter Creek Thrust Fault , correlative with that at the nearby Eskay Creek deposit . To date, only 521 geochemical [...]
Toronto, Ontario - Eskay Mining Corp. is pleased to release the results of an extensive VTEM survey on its Corey property, along its boundary with properties to the west held by Garibaldi Resources and Metallis Resources. The survey also covered Eskay’s Red Lightning Ni-Cu trend in the same area . Three distinct VTEM anomalies deemed worthy of immediate follow-up were identified. The “White Whale [...]
Toronto, Ontario - Eskay Mining Corp. is pleased to release the results of a high resolution airborne electromagnetic survey at its SIB Property, which hosts precious-metals-enriched Eskay Creek style VMS mineralization. The survey has outlined a significant conductor in the relatively unexplored southern part of the property that will be drill tested in a program funded by SSR Mining Inc. . “The results from the [...]