Toronto, Ontario - Eskay Mining Corp. is pleased to announce that diamond drilling is underway on its 4,400 hectare SIB property in northwestern British Columbia, Canada. The 7,000 to 9,000 meter drill program is the second of a planned three season program in which SSR Mining Inc. has committed to spend $4.0 million this season . The 2018 SIB property drill campaign will further test prospective volcanic rocks that were [...]
Toronto, Ontario - Eskay Mining Corp. wishes to announce that, after delays relating to weather conditions and equipment issues, its deep-imaging VTEM airborne geophysical survey on its Corey Property, referred to in its press release dated May 11, 2018, will be proceeding. The Company also wishes to announce that it has closed the final tranche of its non-brokered private placement offering with the sale of 200,000 [...]
Toronto, Ontario - Eskay Mining Corp. wishes to announce that, further to its press release dated May 11, 2018, it has closed the first tranche of its non-brokered private placement offering with the sale of 784,000 flow-through units of the Company at a price of $0.30 per FT Unit for $235,200 and 690,000 working capital units at a price of $0.25 per WC Unit for $172,500 for aggregate gross proceeds of $407,700 . Eligible [...]
Toronto, Ontario - Eskay Mining Corp. wishes to announce that it is commencing a private placement offering of up to 2,000,000 flow-through units of the Company at a price of $0.30 per FT Unit for up to $600,000 and up to 2,000,000 working capital units at a price of $0.25 per WC Unit for up to $500,000 to fund its 2018 exploration. Eskay is also pleased to announce the 2018 exploration plans for its Corey property, in NW [...]
Toronto, Ontario - Eskay Mining Corp. is pleased to announce an update to its ongoing targeting efforts for the 2018 exploration season. Further to its March 5, 2018 news release highlighting interpretations and exploration strategies for the Red Lightning and TV-Jeff zones , a review is presented herein of another high priority prospect, the Big Red zone porphyry Au-Cu-Mo-Ag target . As part of an ongoing [...]
Eskay Mining is pleased to provide an update on planning for the 2018 season and beyond.; Following on our previous News Release announcing plans for the 2018 field season, a comprehensive geology-focused data review undertaken by our consultants has distilled high-priority targets from the extensive dataset which exists for Eskay Mining Eskay-Sulphurets camp properties in the Golden Triangle of NW BC. Planning is ongoing [...]
Eskay Mining wishes to announce that an aggregate of 1,750,000 options to purchase common shares of Eskay at $0.235 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 company [...]
Toronto, Ontario - Eskay Mining Corp. is pleased to announce that SSR Mining Inc. has elected to proceed with the second year of a three year option agreement with the Company on the SIB property. SSRM may earn an undivided 51% interest by spending an aggregate of $11.7 million in exploration expenditures over the term of the agreement. SSRM may earn a further 9% undivided interest for an aggregate 60% undivided interest [...]
Eskay Mining is pleased to announce its plans for 2018 fieldwork, largely based an update by nickel expert Peter Lightfoot on its Red Lightning zone, along with a subsequent re-evaluation of previously-collected stream sediment geochemical data from the immediate vicinity; 2) the identification through recent mapping of a Brucejack-style conceptual exploration target on its North Mitchell block; and 3) the initiation of [...]
Toronto, Ontario (FSCwire) - Eskay Mining Corp. (“Eskay” or the “Company”) (TSX-V:ESK) is pleased to announce that the Company’s new website, found at www.eskaymining.com, has been launched. As a result of recent activity in the Golden Triangle area of British Columbia, the Company is reviewing some historical results from diamond drilling of the Red Lightning prospect, where a [...]
Toronto, Ontario (FSCwire) - Eskay Mining Corp. (“Eskay” or the “Company”) (TSX-V:ESK) is pleased to announce that the Company has retained Simon Learmouth to provide investor relations services. Mr. Learmouth is to be paid $3,000/month for an initial 3 month term and thereafter on a month-to-month basis. In addition, 100,000 options to purchase common shares of the Company at $0.35 per share for [...]
Toronto, Ontario (FSCwire) - Eskay Mining Corp. (“Eskay” or the “Company”) (TSX-V:ESK) is pleased to announce the completion of a 9,336 m, 12 hole diamond drill program on its SIB property. SSR Mining Inc. (formerly Silver Standard Resources Inc.) (NASDAQ: SSRM) (TSX: SSRM) (“SSR Mining”) has the option to earn a 51% undivided interest in the property by spending an aggregate of $11.7 [...]