ESKYF - Eskay Mining Corp. (ESKYF) - Multiple Precious Metal VMS Discoveries Underscore District-Scale Potential

Initiating coverage with an Outperform rating. Eskay Mining Corp. is focused on the exploration and development of precious metal volcanogenic massive sulfide (VMS) targets along the Eskay rift in a prolific region of northwest British Columbia known as the “Golden Triangle.” The company’s Eskay precious metal rich VMS project is comprised of 177 claims encompassing 52,600 hectares of highly prospective property within proximity to several world class gold deposits, including the past-producing Eskay Creek mine, which is considered the world’s most precious metal-rich volcanogenic massive sulfide deposit.Drilling program in full swing. Drilling commenced on June 1 along a 5-kilometer-long corridor encompassing the TV and Jeff precious metal rich VMS targets. To date, the company has completed 5,370 meters of diamond core drilling in 13 holes, or roughly 18% of the 30,000 meters planned to be drilled in 2022. Other targets to be drill-tested this season include: 1) Scarlet Ridge, 2) Excelsior, and 3) C10-Vermillion. Read More >>