TORONTO, ON / ACCESS Newswire / February 26, 2026 / Eskay Mining Corp. (“Eskay” or the “Company”) (TSXV:ESK)(OTC PINK:ESKYF)(Frankfurt:KN7)(WKN:A0YDPM) is pleased to announce its exploration plans for 2026 at its Consolidated Eskay Project, Golden Triangle, BC. As presented in Company news releases dated September 17, 2025 and November 7, 2025, during 2025 Eskay expanded its Vermillion, TM, and Big Red targets, and also identified a promising new target named Sultan, all of which lie within two kilometers of the important “Kyba Line” unconformity which appears to control so many key porphyry deposits in the Golden Triangle (Figure 1).
All four of these targets display characteristics suggesting proximity to either a porphyry copper/gold deposit, or, particularly in the case of Sultan, a stacked gold vein deposit such as the Surebet deposit recently discovered by Goliath Resources Limited.
Eskay is currently refining exactly where to place boreholes to sample both Vermillion and TM to depths of up to 350 meters and may extend this drilling to Big Red and Sultan, depending on additional surface work to be carried out over these targets concurrent with the drilling.
Camp facilities, helicopter services and drilling capacity have been secured. A field team is being assembled by APEX Geosciences Ltd. Geologists who are responsible for the recent discovery in 2024 and 2025 along the Vermillion-TM trend, as well as the new Sultan area will also be contracted for assistance with field exploration.
In preparation for the field season and future AI analysis of previous exploration results, two APEX geologists are currently transferring the Company’s historical geochemical database into Rogue Geoscience’s Mantle Database System and the Company’s proprietary geological maps into QGIS. In parallel, in3D Geoscience has been contracted to transfer all the Company’s geophysics surveys into Mira Geoscience’s Geoscience Analyst System. Eskay, Apex and in3D all have the expertise to integrate these datasets for AI analysis, as may be appropriate.
Eskay is also currently analysing Worldview 3 Hyperspectal Imagery covering the eastern half of the property which was purchased late in 2025 (Figure 2). Alteration patterns not visible in standard satellite images in hitherto unsampled areas have been identified and will be used to guide surface sampling by the Eskay field crew in 2026.
Although 2026 marks a significant shift in focus by Eskay from predominantly VMS targets to porphyry and vein gold targets, the database compilation work described above incorporates all information collected over the Company’s 25-year history of VMS exploration. Over the next winter this multi-faceted, expansive and complex data set will be re-evaluated by carefully chosen cost-effective AI technologies to generate what Eskay anticipates will be a number of new VMS and epithermal gold targets for drill-testing in 2027, alongside follow-up on the successful drilling of the Vermillion- TM discovery in 2026.
Mac Balkam commented “2026 is the cornerstone of our plan to monetize Eskay Mining’s highly mineralized significant land mass. In the first instance, we are taking the next step of raising meaningful interpretation of over 50,000 metres of drilling, project wide geophysics and focused sampling to isolate the number of standalone discoveries across the Consolidated Property. Under the current expansive commodities market, a number of these zones will be attractive for future development by either Eskay Mining or other interested parties. Secondly, this year’s drilling program at the Vermillion- TM zone, in the short run, will contribute significantly to the Company’s value and we expect will lead to a major discovery over the coming seasons”
Both Mr. Balkam and Mr. Smyth will be attending the PDAC Convention in Toronto from the 1st to the 4th of March, and will be contactable via the email address below.
Qualified Person
Clinton Smyth, P. Geo., Chief Geologist for the Company, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical contents of this news release.
About Eskay Mining Corp:
Eskay Mining Corp (TSXV:ESK) is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. Eskay is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the “Golden Triangle,” 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (52,600 hectares).
Mac Balkam President & Chief Executive Officer T: 416 907 4020 E: Mac@eskaymining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
.
Figure 1: Southern half of Eskay Mining’s Consolidated Eskay Project showing the locations of the Vermillion/Red Lightning, TM, Big Red and Sultan target areas as well as the approximate location of the Kyba Line unconformity, known to play an important role in the development of copper/gold porphyry deposits in the Golden Triangle, British Columbia.
Figure 2: Map showing the full extent of Eskay Mining’s Consolidated Eskay Project in relation to the Eskay Creek and Brucejack Mines, as well as the extent of Worldview 3 Hyperspectral Imagery purchased and currently being interpreted by Eskay Mining.
TORONTO, ON / ACCESS Newswire / January 12, 2026 / Eskay Mining Corp. (“Eskay” or the “Company”) (TSXV:ESK)(OTC PINK:ESKYF)(Frankfurt:KN7)(WKN:A0YDPM)is pleased to announce that Clinton Smyth has joined the Company in the capacity of Chief Geologist responsible for the Company’s 2026 exploration program. Mr. Smyth will direct the continuation of the successful exploration of the past two seasons on the new discovery along the C10- Vermillion-Ted Morris (TM) trend situated in the southern portion of the Company’s 100% controlled Consolidated Eskay Project.
Mr. Smyth is a successful mining exploration executive. During a 25-year career with Anglo American Corp and Minorco he rose to the position of Vice President, Exploration. He obtained a MSc in Geochemistry from the University of Cape Town, South Africa. He also holds a MSc in computer science from Imperial College in London, U.K. Beyond extensive exploration work through out Africa and Australasia, Clinton lead teams responsible for the discovery of the 2-million-ounce Buzwagi gold deposit in Tanzania and the Saddle South gold deposit in British Columbia.
Mac Balkam C.E.O. & President commented “2025 high-grade assays that included one rock chip sample of 297 g/t of gold and 790 g/t Ag in the Vermillion- Ted Morris (TM), 4km long belt strengthened our commitment to the 2024 discovery. With that in mind we are excited to have Clinton join Eskay and to lead the team on what we plan will be a significant advancement of the Vermillion-TM zone discovery.”
Mr. Smyth is currently preparing for the most extensive exploration season since 2023. He is assembling an experienced team to aid in interpreting the wealth of data Eskay has gathered over the past number of years. The Worldview 3 satellite imagery acquired last September is being interpreted and will play a significant role in identifying TM zone drill targets and further exploration along the belt.
Eskay has a strong Balance Sheet with cash of $3,000,000 and holds no debt. Balkam added “In keeping with our discipline of financing with the minimum amount of dilution we are currently aggressively seeking alternatives to traditional stock issues. With the dramatic increase in commodity prices our goal is to monetize previously un-recognized asset values. In recent years drilling programs across the huge Eskay property has given rise to a host of gold/silver discoveries that may well be strategic opportunities for neighbours of Eskay and otherwise. In 2023 we sold to Skeena Resources claims for $4,000,000 which played an important part in our fight against dilution in difficult market conditions. Further, our holding of 15% of Garibaldi Resources Inc has risen more than three-fold in the past 6 months and added $3,500,000 to Eskay’s Investment value. Garibaldi holds a world class grade Nickel deposit in its E&L Nickel Mountain property. We are weighing the strategic investment relative to the significant cash available for Eskay’s current exploration financing needs. We may be able to finance the Vermillion-TM zone drill program and advance other known deposits such as TV with these various sources of alternative financing.”
For more detail on the 2025 results at Vermillion and the TM Zone from the November 7, 2025 Press Release follow
To watch the video of Dr Hennigh outlining the potential in the Vermillion -TM zone follow https://youtu.be/ju8gRF2gN9A
Qualified Person
Dr. Quinton Hennigh, P. Geo., a Director of the Company and its technical adviser, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical contents of this news release.
About Eskay Mining Corp:
Eskay Mining Corp (TSX-V:ESK) is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. Eskay is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the “Golden Triangle,” 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (52,600 hectares).
Mac Balkam President & Chief Executive Officer T: 416 907 4020 E: Mac@eskaymining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
TORONTO, ON / ACCESS Newswire / November 7, 2025 / Eskay Mining Corp. (“Eskay” or the “Company”) (TSXV:ESK)(OTC PINK:ESKYF)(Frankfurt:KN7)(WKN:A0YDPM) is pleased to provide additional assay results from its prospecting and sampling program at its 100% controlled Consolidated Eskay Project (“CEP”) in the Golden Triangle, British Columbia. Over the summer months of 2025, the Company’s geological team systematically prospected and sampled the Vermillion, TM, Red Lightning, and Big Red zones surrounding Unuk Finger Mountain in the southern extent of CEP where high grade gold veins were initially discovered in 2024.
Select Highlights
This most recent batch of 121 spot rock chip and channel results includes eleven samples assaying over 20 g/t Au and 31 samples assaying over 1 g/t Au.
The highest grade spot rock chip assays include;
297 g/t Au and 790 g/t Ag collected from a quartz-sulfide vein at TM zone,
217 g/t Au and 0.44% Cu collected from a quartz-sulfide vein at Vermillion zone,
106 g/t Au and 54.9 g/t Ag collected from a quartz-sulfide vein at TM zone, and
65.7 g/t Au, 31.5 g/t Ag, and 0.31% Cucollected from a quartz-sulfide vein at Vermillion zone.
A channel sample assay at the TM Zone returned 165 g/t Au and 285 g/t Ag over 0.40 m within 45.5 g/t Au and 75.2 g/t Ag over 1.55m.
A new gold-silver target, the Sultan zone, discovered in the southeastern corner of the claim package returned an initial assay of 11.2 g/t Au and 181 g/t Ag.
“Further expansion of the high-grade vein discovery in the southern portion of our Consolidated Eskay Project now fully explain the robust, large-scale BLEG stream sediment anomaly we identified around Unuk Finger Mountain in recent years,” commented Quinton Hennigh, director and technical advisor to Eskay Mining. “High-grade veins display a pattern of commonly being low-angle and stacked a few tens of meters apart. Veins are comprised of quartz and varying contents of sulfides including base metal sulfides, especially chalcopyrite. We are now seeing broad distribution of these veins, and they appear to display a spatial relation with a nearby Lee Brant Eocene intrusion not unlike those observed at both Goliath Resources’ Surebet project and Juggernaut Exploration’s Big One project. This new target style is generating a lot of excitement in the GT, and we think we may have a similar such exploration target emerging at CEP. We can see a path to inaugural drilling of these veins in 2026.”
2025 Exploration Program
The 2025 field exploration program at the Consolidated Eskay Project included extensive surficial sampling, reconnaissance geological mapping, and channel sampling across target areas around the Unuk Finger Mountain and additional target areas across the property. The focus of the program was to identify and advance early-stage gold-silver prospects into drill ready targets for the 2026 exploration season. All assays have now been received for the 2025 season and this release covers the remaining 95 rock and 26 channel samples collected for a season total of 310 spot rock chip samples and 55 channel samples.
In addition, Worldview 3 high-resolution satellite imagery survey has been collected across the property with results expected later this month. Hyperspectral imaging and detailed orthophotos will help support focused exploration efforts across Eskay’s 200 km2 southern target area.
Results from the TM and Vermillion Zones
Exploration conducted across the Vermillion and TM targets has identified significant vein-hosted gold and silver mineralization that share many characteristics with reduced intrusion-related gold systems (RIRGS). Prospecting and reconnaissance mapping have discovered flat lying, sheeted and planar shear quartz vein zones spanning over 600 metres vertically and 500 by 2000 metres laterally with further areas to assess moving forward (Figure 1). Veining is spatially related to a biotite-hornblende quartz monzonite intrusion of the Lee Brant intrusive stock believed to be of Eocene age which covers a 40 sq/km area south of the vein zones.
In-situ visible gold and electrum mineralization have been identified over a 2km strike length occurring in multiple planar and sheeted quartz-carbonate veins at both the Vermillion and TM zone to the east. Veins hosting accessory pyrrhotite, chalcopyrite, bismuthinite, and rarely wolframite and gold show strong correlations with copper, bismuth and silver with anomalous tellurium. Lead and zinc (+/- silver) veins have also been sampled and may represent distal expressions of the mineralizing system. Mineralized veins are primarily hosted in metavolcanic and volcaniclastic sequences of the Lower to Middle Jurassic Hazelton Group and have also been observed in float boulders of the Lee Brant Stock quartz monzonite.
Figure 1. 2025 Sample Location Map and Target Zones of the Eskay Project.
Figure 2. 2025 rock sample assays for gold from TM.
Figure 3. 2025 rock sample assays for gold from Vermillion.
A remaining total of 95 rock sample assays have been received from follow-up sampling at the TM (Figure 2) and Vermillion (Figure 3) zones. Further sampling across the targets has continued to expand upon the surface footprint of vein-hosted gold and silver mineralization and recent sampling has returned the highest gold grades to date in the area with sample A0519920 assaying 297 g/t Au and 790 g/t Ag. Of the 95 rocks collected in the last phase of sampling, 5 rock samples assayed over 20 g/t Au, 8 samples assayed over 10 g/t Au, 14 samples assayed over 5 g/t Au, and 21 samples assayed over 1 g/t Au (Tables 1 and 2).
Select assay highlights from TM & Vermillion include:
A0519920 assayed 297 g/t Au and 790 g/t Ag
A0518360 assayed 217 g/t Au and 0.44% Cu
A0518357 assayed 106 g/t Au and 54.9 g/t Ag
A0518363 assayed 65.7 g/t Au, 31.5 g/t Ag, and 0.31% Cu
Table 1. Select assay highlights from TM zone rock samples.
Sample ID
Zone
Easting
Northing
Elevation
Au (g/t)
Ag (g/t)
Cu (%)
A0519920
TM
415038
6256308
1473
297
790
0.00
A0518357
TM
415023
6256574
1378
106
54.9
0.00
A0518375
TM
414600
6256674
1688
22.0
18.7
0.08
A0518374
TM
414615
6256671
1686
9.72
16.2
0.02
A0517556
TM
415022
6256609
1399
8.94
10.5
0.36
A0517555
TM
415029
6256589
1394
8.42
28.3
0.99
A0518356
TM
415030
6256562
1393
7.56
5.00
0.18
A0517557
TM
415020
6256600
1395
7.08
31.5
0.91
A0518377
TM
414766
6256634
1585
4.48
24.5
0.17
Table 2. Select assay highlights from Vermillion zone rock samples.
Sample ID
Zone
Easting
Northing
Elevation
Au (g/t)
Ag (g/t)
Cu (%)
A0518360
Vermillion
413291
6256989
1574
217
13.2
0.44
A0518363
Vermillion
413294
6257272
1394
65.7
31.5
0.31
A0518361
Vermillion
413247
6256995
1535
17.8
2.19
0.13
A0518373
Vermillion
413284
6257531
1418
12.1
5.91
0.02
A0519928
Vermillion
414020
6257144
1701
10.7
7.19
0.06
A0519921
Vermillion
413902
6257433
1661
6.87
97.0
0.29
A0518371
Vermillion
413426
6257405
1446
4.00
11.0
0.09
TM Channel Sample Assay Results
A total of 41.77m of channel sampling has been completed to date at the Vermillion and TM zones. TM channel samples are reported herein, see previous release dated September 17, 2025 for Vermillion channel sample results.
A total of 16.86m across 9 channel series were completed at TM testing various vein generations for gold mineralization (Table 3). Due to terrain limitations channel sampling widths were limited in their extents as the TM area is characterized by steeply sloping topography. Channels were completed at a minimum width of 1.5m to reflect minimum underground mining widths and were sampled both across veins with known gold mineralization as well veins that had not previously been sampled.
All channels were successful in intersecting gold and silver mineralization with significant gold intersections including 165 g/t Au and 285 g/t Ag over 0.40 m within 45.5 g/t Au and 75.2 g/t Ag over 1.55m from Channel V7 and 46.6 g/t Au and 16.7 g/t Ag over 0.25m within 6.67 g/t Au and 2.53 g/t Ag over 1.7m from Channel V4.
Weighted average intervals include:
Channel V1: 6.11 g/t Au and 5.00 g/t Ag over 1.94m
Channel V2: 4.17 g/t Au and 4.23 g/t Ag over 1.62m
Channel V3: 0.18 g/t Au and 0.77 g/t Ag over 2.00m
Channel V4: 6.67 g/t Au and 2.53 g/t Ag over 1.75m
Channel V5: 4.96 g/t Au and 6.47 g/t Ag over 2.50m
Channel V6: 2.99 g/t Au and 2.27 g/t Ag over 2.50m
Channel V7: 45.5 g/t Au and 75.2 g/t Ag over 1.55m
Channel V8: 0.15 g/t Au and 0.40 g/t Ag over 1.50m
Channel V9: 0.49 g/t Au and 1.23 g/t Ag over 1.50m
Table 3. TM Channel Sample Assay Results
Sample ID
Channel Series
From (m)
To (m)
Width (m)
Au (g/t)
Ag (g/t)
A0514180
Channel V1
0.00
0.70
0.70
0.04
0.25
A0514181
Channel V1
0.70
1.12
0.42
28.1
18.9
A0514182
Channel V1
1.12
1.94
0.82
0.03
1.94
A0514183
Channel V2
0.00
0.52
0.52
0.12
1.25
A0514184
Channel V2
0.52
0.77
0.25
26.6
22.4
A0514185
Channel V2
0.77
1.62
0.85
0.06
0.72
A0514186
Channel V3
0.00
1.00
1.00
0.02
0.19
A0514187
Channel V3
1.00
2.00
1.00
0.33
1.35
A0514188
Channel V4
0.00
1.00
1.00
0.01
0.05
A0514189
Channel V4
1.00
1.25
0.25
46.6
16.7
A0514190
Channel V4
1.25
1.75
0.50
0.04
0.37
A0514191
Channel V5
0.00
1.00
1.00
0.05
0.28
A0514192
Channel V5
1.00
1.50
0.50
24.7
31.6
A0514193
Channel V5
1.50
2.50
1.00
0.01
0.09
A0514194
Channel V6
0.00
0.64
0.64
0.07
1.83
A0514195
Channel V6
0.64
0.89
0.25
29.7
17.3
A0514196
Channel V6
0.89
1.89
1.00
0.01
0.13
A0514197
Channel V6
1.89
2.50
0.61
0.01
0.08
A0514198
Channel V7
0.00
0.40
0.40
165
285
A0514199
Channel V7
0.40
1.00
0.60
7.61
3.89
A0514200
Channel V7
1.00
1.55
0.55
0.04
0.55
A0514109
Channel V8
0.00
0.70
0.70
0.01
0.26
A0514110
Channel V8
0.70
0.95
0.25
0.86
1.14
A0514111
Channel V8
0.95
1.50
0.55
0.01
0.23
A0514112
Channel V9
0.00
0.75
0.75
0.98
2.26
A0514113
Channel V9
0.75
1.50
0.75
0.01
0.19
Assay Results from the Sultan Zone
One day was spent conducting reconnaissance sampling on previously unexplored areas 7km southeast of the TM Zone at the end of the 2025 season. Prospecting returned promising initial results from base metal veins hosted in broad quartz-sericite-pyrite alteration zones within Upper Triassic rocks of the Stuhini Group with one assay of 11.2 g/t Au and 181 g/t Ag. The recent discovery of additional gold-silver mineralization in the southern extents of the claims support the need for further exploration in the area and attest to the district scale precious and base metal potential across the property.
Figure 4. 2025 rock sample assays for gold from Sultan.
Rock chip samples were submitted to MSA Labs in Terrace, British Columbia for preparation and analysis. ALS is accredited to the ISO/IEC 17025 standard for gold assays. All analytical methods include quality control standards inserted at set frequencies. The entire sample interval is crushed and homogenized, 250 g of the homogenized sample is pulped. All samples were analyzed for gold, silver, and a suite of 48 major and trace elements. Analysis for gold is by fire assay fusion followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) on 30 g of pulp. Analysis for silver is by fire assay and gravimetric analysis on 30 g of pulp. All other major and trace elements are analyzed by four-acid digestion followed by ICP-MS.
Qualified Person
Dr. Quinton Hennigh, P. Geo., a Director of the Company and its technical adviser, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical contents of this news release.
About Eskay Mining Corp:
Eskay Mining Corp (TSXV:ESK) is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. Eskay is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the “Golden Triangle,” 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (52,600 hectares).
For further information, please contact: Mac Balkam President & Chief Executive Officer T: 416 907 4020 E: Mac@eskaymining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
TORONTO, ON / ACCESS Newswire / September 17, 2025 / Eskay Mining Corp. (“Eskay” or the “Company”) (TSXV:ESK)(OTC PINK:ESKYF)(Frankfurt:KN7)(WKN: A0YDPM) is pleased to provide initial assay results from its prospecting and sampling program at its 100%-controlled Consolidated Eskay Project in the Golden Triangle, British Columbia. The Company’s geological team, through systematic prospecting and sampling, has significantly expanded the area where high-grade gold veins were discovered in 2024. Samples from areas including Vermillion, TM, Red Lightning, and Big Red, zones surrounding Unuk Finger Mountain in the southern extent of the Property, have all yielded numerous high-grade assays.
2025 Select Highlights
10 rock samples assayed over 20 g/t Au, 20 samples assayed over 10 g/t Au, 37 samples assayed over 5 g/t Au, and 68 samples assayed over 1 g/t Au out of a total of 298 surface rock samples
Select individual high-grade spot rock chip results include:
246 g/t Au, 22.8 g/t Ag, and 0.25% Cu
150 g/t Au, 76 g/t Ag, and 1.57% Cu
86.2 g/t Au, 180 g/t Ag, and 2.63% Cu
71.4 g/t Au, 15.8 g/t Ag, and 0.66% Cu
33.7 g/t Au, 257 g/t Ag, and 2.7% Cu
28.8 g/t Au, 363 g/t Ag, and 0.49% Cu
Also noteworthy, a 21.8 g/t Au, 19.9 g/t Ag, and 0.69% Cu channel sample over 1.00m was cut at Vermillion
“Eskay’s geological team did a superb job following up on last year’s exciting discovery of high-grade gold-silver veins in the southern reaches of our 100%-controlled Consolidated Eskay Project this season,” commented Quinton Hennigh, Director and Technical Advisor to Eskay Mining. “With these initial assays, we can now see that there is a wide distribution of veins, some displaying very high grades of gold and silver, across an area at least 2 km wide. This system is demonstrating it has capacity to make high-grade over a large expanse, and our BLEG stream sediment data indicates we have lots more room to grow. I think, given the large magnitude of the BLEG results here coupled with these very strong surface results, we are defining a new high-grade gold-silver vein system akin to those seen at Goliath Resources and Juggernaut Resources, also in the GT.”
2025 Exploration Program
The 2025 exploration program at the Eskay Project includes extensive surficial sampling, reconnaissance geological mapping, and channel sampling across target areas around the Unuk Finger Mountain with the goal of advancing early-stage prospects into drill ready targets. A total of 298 rock sample and 29 channel sample assays have been received to date with further sampling ongoing on the Vermillion, TM and Big Red zones. In addition, a Worldview 3 high-resolution satellite imagery survey has been collected across the property with results expected later this month. Hyperspectral imaging and detailed orthophotos will help support focused exploration efforts across Eskay’s 200 km2 project area.
Target areas around Unuk Finger mountain in the southeast portion of the Eskay claim block were first explored in the late 1980’s but the area has seen limited exploration activities in recent years. Between 2020 and 2022, a bulk leach extractable gold (BLEG) stream sediment sampling program was conducted across large portions of the Eskay Project which identified numerous anomalous gold zones with particularly strong anomalies occurring in watersheds around the Unuk Finger mountain (Figure 1). Initial follow-up work in 2024 around BLEG anomalies successfully identified vein-hosted gold and silver mineralization at the Vermillion and TM zones and follow-up in these areas has been the primary focus of exploration efforts in 2025. Exploration conducted across these target areas has identified significant vein-hosted gold and silver mineralization spanning over two kilometres on surface with visible gold observed in multiple quartz-sulphide veins (Figure 2).
Figure 1. Gold values for 2020-2022 BLEG sampling programs at the southeast area of the Eskay Project with 2025 rock sample gold assays.
Figure 2. 2025 sample map location of target zones around Unuk Finger with gold assay results.
Results from the Vermillion, TM and Red Lightning Zones
Exploration conducted across the Vermillion, TM and Red Lightning targets has identified significant vein-hosted gold and silver mineralization that share many characteristics with reduced intrusion-related gold systems (RIRGS). Prospecting and reconnaissance mapping have discovered flat lying, sheeted and planar shear quartz vein zones spanning over 600 metres vertically and 500 by 2000 metres laterally with further areas to assess moving forward (Figure 3). Veining is spatially related to a biotite-hornblende quartz monzonite intrusion of the Lee Brant intrusive stock believed to be of Eocene age which covers a 40 sq/km area south of the vein zones.
In-situ visible gold and electrum mineralization have been identified over a 2km strike length occurring in multiple planar and sheeted quartz-carbonate veins at both the Vermillion and TM zone to the east. Veins hosting accessory pyrrhotite, chalcopyrite, bismuthinite, and rarely wolframite and gold show strong correlations with copper, bismuth and silver with anomalous tellurium. Lead and zinc (+/- silver) veins have also been sampled and may represent distal expressions of the mineralizing system. Mineralized veins are primarily hosted in metavolcanic and volcaniclastic sequences of the Lower to Middle Jurassic Hazelton Group and have also been observed in float boulders of the Lee Brant Stock quartz monzonite.
Figure 3. 2025 rock sample assays for gold from Vermillion, TM, and Red Lightning zones.
A total of 209 rock sample assays has been received from the Vermillion, TM, and Red Lightning zones to date with additional samples pending assay results.
Assay Highlights from TM Zone
7 spot rock chip samples assayed > 10 g/t Au, 11 samples assayed > 5 g/t Au, and 21 samples assayed > 1 g/t Au
Spot rock chip sample A0519908 assayed 246 g/t Au, 22.8 g/t Ag, and 0.25% Cu
Spot rock chip sample A0513144 assayed 150 g/t Au, 76 g/t Ag, and 1.57% Cu
Spot rock chip sample A0519907 assayed 86.2 g/t Au, 180 g/t Ag, and 2.63% Cu
Assay Highlights from Vermillion and Red Lightning Zones
10 spot rock chip samples assayed > 10 g/t Au, 23 samples assayed > 5 g/t Au, and 43 samples assayed > 1 g/t Au
Spot rock chip sample A0513397 assayed 71.4 g/t Au, 15.8 g/t Ag, and 0.66% Cu
Spot rock chip sample A0514206 assayed 33.7 g/t Au, 257 g/t Ag, and 2.7% Cu
Spot rock chip sample A0514399 assayed 28.8 g/t Au, 363 g/t Ag, and 0.49% Cu
Table 1. Select assay highlights from TM zone rock samples.
Sample ID
Zone
Easting
Northing
Elevation (m)
Au (g/t)
Ag (g/t
Cu (%)
A0519908
TM
415017
6256576
1403
247
22.8
0.25
A0513144
TM
415030
6256549
1373
150
76.0
1.57
A0519907
TM
415026
6256585
1390
86.2
180
2.64
A0513145
TM
415024
6256556
1335
43.1
29.7
0.66
A0519911
TM
414931
6256540
1467
17.1
20.1
0.91
A0513148
TM
414940
6256522
1347
13.8
81.0
2.26
A0519914
TM
414860
6256613
1509
10.2
19.9
0.69
A0519906
TM
415028
6256581
1388
8.28
9.01
0.27
A0513150
TM
414925
6256561
1382
7.24
4.77
0.19
A0513147
TM
415061
6256528
1380
6.28
58.7
1.31
A0513143
TM
415037
6256612
1338
6.26
25.2
0.37
A0519910
TM
414952
6256506
1444
3.72
34.4
0.85
A0513137
TM
415159
6255726
1396
2.76
100
4.07
A0513151
TM
414917
6256564
1386
1.65
47.9
1.86
A0519901
TM
415148
6255753
1484
1.46
41.7
2.50
A0519904
TM
415168
6256589
1294
1.24
159
11.3
Table 2. Select assay highlights from Vermillion zone rock samples.
A total of 41.77m of channel sampling has been completed to date at the Vermillion and TM zones and initial assays have been received for samples at Vermillion.
A total of 25.25m across 4 channel series were completed at Vermillion testing different vein generations for gold mineralization potential (Table 4). Channel V1 was sampled over veins with known gold grades from 2024 samples where visible gold was observed. Channel V1 assayed 21.8 g/t Au, 19.9 g/t Ag, and 0.69% Cu over 1.00m. Channel V2 to V4 were planned over vein zones with unknown gold grades identified in 2025. Channel V2 assayed 1.02 g/t Au over 7.25m, channel V3 assayed 0.07 g/t Au over 7.00m and channel V4 assayed 0.10 g/t Au over 10.0m.
While preliminary channel samples returned modest gold grades, most of the sampling was conducted with initial rock assays outstanding. Additional channel sampling is ongoing at the TM Zone testing across multiple vein sets where assay results have been returned.
Table 4. Vermillion Channel Sample Assay Results
Sample ID
Channel Series
From
To
Width (m)
Au (g/t)
Ag (g/t)
A0514151
Channel V1
0.00
1.00
1.00
21.8
20.0
A0514152
Channel V2
0.00
1.00
1.00
0.35
0.99
A0514153
Channel V2
1.00
2.00
1.00
0.09
0.56
A0514154
Channel V2
2.00
3.00
1.00
0.25
0.74
A0514155
Channel V2
3.00
4.00
1.00
0.32
1.26
A0514156
Channel V2
4.00
4.25
0.25
24.5
44.4
A0514157
Channel V2
4.25
5.15
0.90
0.09
0.25
A0514158
Channel V2
5.15
5.35
0.20
0.01
0.16
A0514159
Channel V2
5.35
6.25
0.90
0.06
0.32
A0514160
Channel V2
6.25
6.95
0.70
0.16
0.36
A0514161
Channel V2
6.95
7.25
0.30
0.06
0.16
A0514162
Channel V3
0.00
1.00
1.00
0.05
0.92
A0514163
Channel V3
1.00
2.00
1.00
0.11
1.16
A0514164
Channel V3
2.00
3.00
1.00
0.02
0.24
A0514165
Channel V3
3.00
4.00
1.00
0.05
0.37
A0514166
Channel V3
4.00
5.00
1.00
0.06
0.28
A0514167
Channel V3
5.00
6.00
1.00
0.17
0.32
A0514168
Channel V3
6.00
7.00
1.00
0.04
0.42
A0514169
Channel V4
0.00
1.00
1.00
0.09
4.92
A0514170
Channel V4
1.00
1.50
0.50
0.31
11.8
A0514171
Channel V4
1.50
2.50
1.00
0.03
1.51
A0514172
Channel V4
2.50
3.30
0.80
0.07
1.39
A0514173
Channel V4
3.30
4.30
1.00
0.13
2.03
A0514174
Channel V4
4.30
5.30
1.00
0.13
3.24
A0514175
Channel V4
5.30
6.00
0.70
0.04
0.48
A0514176
Channel V4
6.00
7.00
1.00
0.07
0.63
A0514177
Channel V4
7.00
8.00
1.00
0.20
0.92
A0514178
Channel V4
8.00
9.00
1.00
0.08
0.94
A0514179
Channel V4
9.00
10.00
1.00
0.09
0.86
Results from the Big Red Zone
A total of 61 rock samples were collected at the Big Red Zone early in the program and all assays have now been received. While assay results returned generally low Au-Ag grades, sampling revealed elevated Cu-Mo-W grades and samples plot high values on the Mineral Deposit Research Group (MDRU) porphyry index (MPIx). A higher MPIx value indicates closer proximity to porphyry-type mineralization and utilizes normalized ratios of elements enriched in the core of a porphyry system with those typically enriched in shallow levels above the system (Figure 6).
The Big Red Zone is characterized by a large prominent gossan where metasedimentary and volcanic rocks of the Jurassic Hazelton Group are dominated by moderate to strong hornfelsing with structurally controlled zones of quartz-sericite-pyrite alteration. Volcanics are observed to host quartz-sulphide veins, generally 5-25cm wide and sometimes up to 1.5m wide, hosting pyrite-magnetite-chalcopyrite-pyrrhotite mineralization with rare occurrences of molybdenite.
Early season work in the area resulted in large portions of the target remaining under snow cover and further work is planned to assess the extents of mineralization and alteration on this newly identified potential porphyry-copper target.
Table 5. Select assay highlights from Big Red zone rock samples.
Sample ID
Zone
Easting
Northing
Elevation (m)
Cu (%)
Mo (ppm)
A0514370
Big Red
415069
6254418
1611
0.67
5.30
A0514472
Big Red
415018
6254406
1635
0.62
4.10
A0514302
Big Red
415304
6254282
1527
0.32
91.7
A0514368
Big Red
415048
6254411
1623
0.31
521
A0514362
Big Red
415179
6254235
1591
0.03
1146
A0514368
Big Red
415048
6254411
1623
0.31
521
A0514474
Big Red
415008
6254397
1623
0.18
352
Figure 5. 2025 rock sample assays for copper from the Big Red zone.
Figure 6. MPIx porphyry indicator values for Big Red.
Rock chip samples were submitted to MSA Labs in Terrace, British Columbia for preparation and analysis. ALS is accredited to the ISO/IEC 17025 standard for gold assays. All analytical methods include quality control standards inserted at set frequencies. The entire sample interval is crushed and homogenized, 250 g of the homogenized sample is pulped. All samples were analyzed for gold, silver, and a suite of 48 major and trace elements. Analysis for gold is by fire assay fusion followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) on 30 g of pulp. Analysis for silver is by fire assay and gravimetric analysis on 30 g of pulp. All other major and trace elements are analyzed by four-acid digestion followed by ICP-MS.
Qualified Person
Dr. Quinton Hennigh, P. Geo., a Director of the Company and its technical adviser, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical contents of this news release.
About Eskay Mining Corp:
Eskay Mining Corp (TSXV:ESK) is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. Eskay is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the “Golden Triangle,” 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (52,600 hectares).
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
