Mr. Mac Balkam reports

ESKAY MINING CORP. COMMENCES 2026 DRILL PROGRAM, COMMISSIONS STEWART ANALYTICAL LAB, AND WELCOMES STRUCTURAL GEOLOGIST BRETT DAVIS TO THE GOLDEN TRIANGLE

Eskay Mining Corp.'s planned 5,000-metre diamond drilling program on the Corey-Eskay property is now under way. This announcement follows the exploration plan detailed in the company's June 1 news release, which identified several high-priority targets within British Columbia's Golden Triangle.

The company has successfully mobilized its drilling team and initiated operations from Goldstorm Metals Corp.'s Electrum camp. Due to higher-than-normal snow conditions at the TM and Vermillion target areas, drilling has commenced at the lower-elevation C-10 prospect. As detailed in the company's June 1 news release, the first two boreholes, EM26-01 and EM26-02, are targeting combined chargeability and conductivity anomalies within the Betty Creek formation.

Because of favourable snow conditions over both the Big Red porphyry copper target and the Sultan gold veins target, boreholes EM26-03 at Big Red (drill pad completed) and EM26-04 at Sultan (next pad to be built) will be the next boreholes drilled.

Once surface conditions permit, the program will shift focus to the TM and Vermillion areas.

In this context and further to the company's May 11 announcement regarding the retention of internationally renowned structural geologist Dr. Brett Davis, Eskay is pleased to confirm that Dr. Davis will be arriving on the property for an eight-day visit on July 22, 2026. Dr. Davis will provide expert analysis of the complex structural regimes as well as guidance to Eskay's geological mapping and core logging teams.

Eskay is also proud to announce that the dedicated rapid-turnaround analytical laboratory described in its April 28 news release has been commissioned in Stewart, B.C. The facility is equipped with specialized equipment for the collection of sludge from the core saw, which material is then analyzed by both conventional pXRF (portable X-ray fluorescence) for a large suite of elements, including copper, zinc and pathfinder elements for gold, and by PortablePPB's detectORE technology for gold and silver. This strategic development allows the company to receive multielement analyses from drill core cuttings within 48 hours of cutting, a significant improvement over regular commercial laboratory turnaround times. This real-time data will enable the exploration team to make rapid, analytical-results-based decisions to optimize targeting of the drilling rig throughout the summer season.

"The synchronization of our drilling commencement, the arrival of world-class structural expertise and the commissioning of our Stewart lab marks a transformative moment for Eskay," stated Mac Balkam, chief executive officer of Eskay Mining. "By utilizing reliable, rapid-turnaround analytical data from new lab and applying Dr. Davis's structural insights, we are maximizing the efficiency of our 2026 exploration window. I am also delighted to be announcing the first boreholes ever to be drilled on our Big Red and Sultan targets."

At Big Red, recent and historic and rock samples were assessed using the University of British Columbia Mineral Deposit Research Group (MDRU) porphyry proximity index (MPIx). The MPIx was developed to assess proximity to a possibly mineralized copper/goldp orphyry deposit. Many samples assessed at Big Red contain high MPIx numbers.

The Sultan zone was discovered during the 2025 sampling program in an area comprising a bimodal volcanic sequence with lesser marine sedimentary rocks, which yielded high gold levels in a number of rock samples.

Localized discrete shears occur throughout the area and occasionally host pyrite-pyrrhotite-arsenopyrite mineralization returning up to 11.2 grams per tonne gold and 56.6 grams per tonne silver (sample A0514256). At similar elevations, a five-metre-by-three-metre zone of massive sulphide replacement was observed associated with intercalated volcanics and sediments exhibiting moderate to strong silicification. Pyrrhotite and trace to minor chalcopyrite comprise the sulphide assemblage, associated with quartz-pyrite-pyrrhotite veining. Samples collected from the massive sulphide zone returned low-grade gold and silver with 0.26 per cent copper (Sample A0519938).

Qualified person

Clinton Smyth, PGeo, 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 is a TSX Venture Exchange-listed company, headquartered in Toronto, Ont. 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 northwestern British Columbia known as the Golden Triangle, 70 kilometres northwest of Stewart, B.C. The company currently holds mineral tenures in this area comprising 177 claims (52,600 hectares).

We seek Safe Harbor.