Mr. Mac Balkam reports
ESKAY MINING TO DRILL FOR COPPER-GOLD PORPHYRY AND STACKED GOLD VEIN DEPOSITS IN 2026 ON ITS CONSOLIDATED ESKAY PROJECT, GOLDEN TRIANGLE, BC
Eskay Mining Corp. has released its exploration plans for 2026 at its consolidated Eskay project, Golden Triangle, British Columbia. As presented in company news releases dated Sept. 17, 2025, and Nov. 7, 2025, during 2025, Eskay expanded its Vermillion, TM and Big Red targets, and also identified a promising new target named Sultan, all of which lie within two kilometres of the important Kyba line unconformity, which appears to control so many key porphyry deposits in the Golden Triangle.
All four of these targets display characteristics suggesting proximity to either a porphyry copper/gold deposit or, particularly in the case of Sultan, a stacked gold vein deposit such as the Surebet deposit recently discovered by Goliath Resources Ltd.
Eskay is currently refining exactly where to place boreholes to sample both Vermillion and TM to depths of up to 350 metres, and may extend this drilling to Big Red and Sultan, depending on additional surface work to be carried out over these targets concurrent with the drilling.
Camp facilities, helicopter services and drilling capacity have been secured. A field team is being assembled by Apex Geosciences Ltd. Geologists who are responsible for the recent discovery in 2024 and 2025 along the Vermillion-TM trend, as well as the new Sultan area, will also be contracted for assistance with field exploration.
In preparation for the field season and future artificial intelligence analysis of previous exploration results, two Apex geologists are currently transferring the company's historical geochemical database into Rogue Geoscience's Mantle database system and the company's proprietary geological maps into QGIS. In parallel, in3D Geoscience has been contracted to transfer all the company's geophysics surveys into Mira Geoscience's geoscience analyst system. Eskay, Apex and in3D all have the expertise to integrate these data sets for AI analysis, as may be appropriate.
Eskay is also currently analyzing Worldview 3 hyperspectal imagery covering the eastern half of the property, which was purchased late in 2025. Alteration patterns not visible in standard satellite images in hitherto unsampled areas have been identified and will be used to guide surface sampling by the Eskay field crew in 2026.
Although 2026 marks a significant shift in focus by Eskay from predominantly volcanogenic massive sulphide targets to porphyry and vein gold targets, the database compilation work described above incorporates all information collected over the company's 25-year history of VMS exploration. Over the next winter, this multifaceted, expansive and complex data set will be re-evaluated by carefully chosen cost-effective AI technologies to generate what Eskay anticipates will be a number of new VMS and epithermal gold targets for drill testing in 2027, alongside follow-up on the successful drilling of the Vermillion-TM discovery in 2026.
Mac Balkam commented: "Two thousand twenty-six is the cornerstone of our plan to monetize Eskay Mining's highly mineralized significant land mass. In the first instance, we are taking the next step of raising meaningful interpretation of over 50,000 metres of drilling, project-wide geophysics and focused sampling to isolate the number of stand-alone discoveries across the consolidated property. Under the current expansive commodities market, a number of these zones will be attractive for future development by either Eskay Mining or other interested parties. Secondly, this year's drilling program at the Vermillion-TM zone, in the short run, will contribute significantly to the company's value, and we expect will lead to a major discovery over the coming seasons."
Both Mr. Balkam and Mr. Smyth will be attending the PDAC Convention in Toronto from March 1 to March 4 and will be contactable by e-mail.
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 composed of 177 claims (52,600 hectares).
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