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Eskay Mining Corp V.ESK

Alternate Symbol(s):  ESKYF

Eskay Mining Corp. is a natural resource company engaged in the acquisition and exploration of mineral properties in British Columbia, Canada. The Company has operations in the Province of British Columbia, Canada. It is 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, 70 kilometers northwest of Stewart, British Columbia. It holds mineral tenures in this area, comprised of 177 claims (130,000 acres). 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 kilometers south of Jeff.


TSXV:ESK - Post by User

Post by stockzorgon Jul 03, 2021 11:56am
248 Views
Post# 33489607

Time for Eskay and Skeena to get together

Time for Eskay and Skeena to get togetherThis is a bit outside the box in terms of speculation.

A Skeena and Eskay merger would put Eskay onto the NYSE with Skeena.  The combined company would have more ability to raise funding for Eskay Creek, Snip, and extending the Skeena exploration down into SIB LULU.  This would allow Eskay to concentrate on the remainder of their holdings to the south and maybe even move more aggressively on North Mitchell which is right in the middle of the major discoveries of Seabridge, Pretium and Tudor (that prooperty is why I initially bought into Eskay stock).

The combined company would have a market cap close to Seabridge (SA).  It would own 19.5% of Garibaldi and 14% of QuestEx.

Eskay would be incorporated into the Tahltan investment arrangement with Skeena, solidifying the relationship with First Nations.

This would create a top tier regional exploration and mine development entity in an area that will be very active for the next few years.

Do your own DD.  GLTA.  


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