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Eskay Mining Corp
Symbol ESK
Shares Issued 184,317,123
Close 2025-07-24 C$ 0.45
Market Cap C$ 82,942,705
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Eskay Mining collects 268 surface rock samples at Eskay

2025-07-24 17:40 ET - News Release

Mr. Mac Balkam reports

ESKAY EXPANDS ITS HIGH-GRADE GOLD VEIN SYSTEM AT ITS 100% CONTROLLED AND CONSOLIDATED ESKAY PROJECT IN THE GOLDEN TRIANGLE

Eskay Mining Corp. has provided an update on its aggressive prospecting and sampling program at its 100-per-cent-controlled and consolidated Eskay project in the heart of the Golden Triangle, British Columbia. The company's geological team has systematically prospected and sampled the Vermillion, TM, Red Lightning and Big Red zones surrounding Unuk Finger Mountain in the southern extent of the property, where high-grade gold veins were discovered in 2024.

Veining in these areas has been found to be much more extensive than previously recognized. To date, 268 surface rock samples have been collected and delivered to MSA Labs. Of the 268 surface rock samples, 29 channel samples were cut across an aggregate of 25.25 metres in the Vermillion zone across vein zones of known gold mineralization hosted in planar and sheeted quartz veining.

Continued prospecting and mapping in the Vermillion zone have led to the discovery of in situ visible gold and electrum mineralization in samples A0514497 and A0514398, hosted in planar quartz manganese-carbonate veins with accessory pyrrhotite, chalcopyrite, bismuthanite and wolframite. Sample A0514497, with visible gold mineralization, was collected five metres northeast and on trend of 2024 sample C970477, which returned assay values of 205 grams per tonne (g/t) gold and 118 g/t silver (see news release dated Oct. 8, 2024). The second visible gold sample A0514398 was discovered approximately 220 metres south-southwest of sample A0514497 in a newly discovered subparallel vein zone. Assays for these samples are pending.

Prospecting across all zones surrounding Unuk Finger Mountain has discovered new flat-lying, sheeted and planar shear quartz vein zones that appear relatable to veining that returned high gold values in 2024. Veins of similar style have been observed over 600 metres vertically and 500 by 2,000 metres horizontally. The style of the quartz-sulphide veins observed in these zones strongly resembles those at Goliath's Surebet gold project in the southern Golden Triangle. Like at Surebet, there is an Eocene-aged intrusion at Eskay that appears to be closely associated with mineralization.

The first batch of assays from surface rocks collected in the Big Red and upper TM zones are expected to be returned in the next 14 days.

Mapping and prospecting are continuing in unison with drill target delineation.

Dr. Quinton Hennigh, PGeo, a director of the company and its technical adviser, 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 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).

All material information on the company may be found on its website and on SEDAR+.

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