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Eskay Mining Corp V.ESK

Alternate Symbol(s):  ESKYF

Eskay Mining Corp. is a Canada-based exploration company. The Company is focused on the exploration and development of precious and base metals along the Eskay rift in a prolific region of northwest British Columbia, known as the Golden Triangle, which is approximately 70 kilometers (km) northwest of Stewart, British Columbia. The Company holds mineral tenures in this area comprised of approximately 210 claims, which cover approximately 60,255 hectares. The ESKAY-Corey Property comprises several gold-silver (Au-Ag) volcanogenic massive sulfide (VMS), and gabbro-hosted magmatic nickel-copper-platinum group elements (Ni-Cu-PGE) targets located in the Golden Triangle. Its main VMS target areas on the property include the SIB-Lulu, TV-Jeff, C10, GFJ, and Spearhead zones. The Jeff showing lies four km south-southeast of the Lulu zone. The TV showing is 1.5 km south of Jeff. The SIB zone and Lulu deposit lie along the western limb of the Eskay anticline.


TSXV:ESK - Post by User

Bullboard Posts
Post by TedOwenson Jun 08, 2013 11:32am
324 Views
Post# 21502103

Eskay type high grade model in demand

Eskay type high grade model in demand

It appears that even with all of the enormous gold ounces located within the Golden Triangle over the past years that the low grade tenur of such ounces has all but hampered development of such models due to the high development costs associated with area of mountainous terrain. The markets have not supported such environments as of late but the interesting thing is that some of the more recent discoveries that are making headlines in these same area are of high grade nature and are attracting significant interest. While potentially not as large as the monster porphry outlines that are creeping along towards possible development down the road, the smaller high grade settings have the capacity to be brought into production relatively quickly and the Pretium Resources story exemplifies this eyebrow raising scenario that appears to have caught investor attention once again. This recent high grade setting discoveries should remind us that the Eskay Creek Mine, although smaller than the latest monster low grade environments, are technically still higher margin projects in the current market setting and have the capacity to raise money and be brought into production must faster. This latest development has everyone talking again about high grade models of which Eskay Creek was one of the more famous. As the high grade settings in these adjacent porphry models held by Seabridge and Pretium appear to be located on the west side of the holdings, in the direction of Eskay Mining holdings, there would be good reason to suspect that the original Eskay rift belt holds many more deposits of high grade tenur which may in fact attract a fair share of financing opportunities should evidence and development of the high grade settings be further revealed along its eastern boundary...............good luck.

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