Eskay Mining announces results from 2024 prospecting campaign

Eskay Mining announced results from it 2024 prospecting campaign. Areas of focus included newly identified outcropping high-grade gold veins located in the southern portions of the Company’s 100% controlled Consolidated Eskay property. Mac Balkam, CEO & President of Eskay Mining, stated, “over the past 5 years Eskay has undertaken a property wide multi faceted exploration program identifying numerous VMS systems and building a wealth of geological data. Our 2024 prospecting program was commissioned to establish a short list for a significant 2025 discovery. The assay results from our prospecting surpassed expectations and in particular, the high grade outcrop gold/ silver assays along a 3km stretch of the C-10 -Vermillion-TM belt is a very promising drill area, among others, for 2025.” In 2020, Eskay conducted BLEG stream sediment sampling across many parts of the Property with promising gold anomalies coming from multiple watersheds, especially in the south. Early interpretation of this data postulated that these anomalous basins might host precious metal-rich volcanogenic massive sulfide deposits, especially when outcrops of VMS mineralization were discovered the subsequent year. Drill testing of these targets failed to yield significant precious metal values leaving this anomalism unexplained. Prospecting and sampling in 2024 at C10-Vermillion as well as a new area near Ted Morris Glacier has resulted in the discovery of numerous high-grade quartz-carbonate-sulfide veins and stockwork veining in shear zones. These are now strongly viewed as the likely source of the prolific gold anomalies in BLEG samples in this area . Because of the strong similarities in vein styles identified at C10, Vermillion and the TM Zone, Eskay takes the view that these areas are part of the same mineralizing event and that it is likely that more prospecting could lead to the discovery of more such veins.