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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 goldanalyston Jan 19, 2022 11:49am
263 Views
Post# 34332995

This should do just fine~

This should do just fine~https://stockhouse.com/news/press-releases/2022/01/19/eskay-mining-receives-long-high-grade-assay-results-from-tv

  • All eight of these most recent holes report significant mineralized intercepts providing strengthening evidence that the TV deposit, located approximately 13 km south of Skeena's Eskay Creek mine, is a highly significant precious metal-rich VMS system (results presented in the table below).
  • Mineralization remains open along strike to the north and south, down dip to the east and up stratigraphic section (Figures 1, 2 and 3).
  • Several recent holes from TV have returned high grades such as 10.34 gpt Au eq (3.12 gpt Au and 577.65 gpt Ag) over 11.93m within 4.01 gpt Au eq (2.39 gpt Au and 129.85 gpt Ag) over 117.32m in hole TV21-67and 14.44 gpt Au eq (0.80 gpt Au and 1090.80 gpt Ag) over 9.36m within 10.62 gpt Au eq (0.59 gpt Au and 802.07 gpt Ag) over 14.58m within 2.96 gpt Au eq (0.82 gpt Au and 171.34 gpt Ag) over 81.60m in hole TV21-71.Eskay Mining considers these strong values a very promising indication that the TV system is strengthening to the south and down dip.
  • Hole TV21-71 includes notable bonanza grade intervals at its top including 64.66 gpt Au eq (1.66 gpt Au and 5,040.00 gpt Ag) over 0.99m and 30.38 gpt Au eq (2.67 gpt Au and 2,216.72 gpt Ag) over 1.58m. Given these high-grade results occur in stockwork mineralization, the Company thinks there is good potential for discovery of high-grade VMS style mineralization at the top of this feeder zone. This area will be a major focus of future exploration.
  • Given that the Betty Creek Formation has been determined to be the host for this deposit, Eskay Mining considers stratigraphy above the currently drilled part of TV, through units of the Upper Hazelton Group, to be highly prospective for further VMS discovery.
  • Most of the reported intercepts from these twelve holes are from stockwork and/or sub-seafloor replacement style mineralization from both the Upper and Lower VMS systems at TV (Figures. 4, 5, 6, 7, and 8).
  • Silver grades remain notably strong throughout most of the TV deposit.
  • Twenty-five of thirty-eight holes completed at TV have returned thus far. Holes still outstanding include numerous intercepts of stockwork, replacement and massive sulfide mineralization.
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