Management Discussion and Analysis The MD&A was released and there are some important information in there so I will try and post a few highlights. It all looks very promising for ESK shareholders. I like that these VMS deposits usually form in clusters. Translation is that there could be several rich Eskay Creek type VMS deposits on ESK's ground. Read below for details.
On July 14, 2020, the Company announced that its 2020 exploration program is advancing on schedule at its approximately 526 square kilometer property in the heart of British Colombia’s Golden Triangle. Importantly, recent review of historic diamond drill core from holes drilled at numerous prospects within Eskay’s land tenure indicates that these systems all display a volcanogenic massive sulphide (“VMS”) affinity. VMS Deposits are sulphide rich accumulations that formed around black smokers associated with submarine hot springs. Such deposits usually occur in clusters on the sea floor resulting in mineral districts once uplifted onto continents. This new revelation implies that the partially explored systems on Eskay Mining’s property potentially collectively comprises a greater Eskay Creek VMS district.