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Eskay Mining announces 2025 prospecting, mapping program at two targets

Eskay Mining (ESKYF) announced its 2025 prospecting and mapping program at two high-value targets, the TV Zone and the C10-Vermillion-Ted Morris trend. This work is expected to bring both targets to drill readiness with the possibility of executing a limited drill campaign this coming season. In early July, 2025, Eskay’s team will continue prospecting along the 4 km C10-Vermillion-Ted Morris trend to follow up on the 2024 discovery of numerous high-grade quartz-carbonate-sulfide veins and stockwork veining in shear zones. Sampling here yielded Au and Ag grades as high as 205gpt and 371gpt, respectively. At C10-Vermillion, copper accompanies gold and silver suggesting the possibility that these veins may be rooted in a porphyry at depth. Results from Ted Morris are similar to those at C10-Vermillion but with less copper. Encouragingly, a sequence of flat stacked veins was discovered at Ted Morris. Eskay Mining believes its 2025 campaign including possible drilling of these high-value targets could lead to a significant discovery. The C10-Vermillion-Ted Morris trend situated in the southern part of the Consolidated Eskay Property lies approximately 9 km due west of Newmont’s Valley of the Kings mine purchased in 2021 for $2.8 Billion. Eskay’s exploration team will return to the TV Zone for a 5th season in pursuit of “Eskay II.” To date, TV is primarily and extensive high-grade VMS stockwork. The proper seafloor position where a VMS deposit might reside has yet to be discovered and remains an important target. Balkam re-enforced “we believe locating the seafloor at TV could result in a discovery like the 21B zone that lead to the discovery of the prolific Eskay Mine. We hope to make our own “hole 109″ discovery.”

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