Mr. Mac Balkam reports

ESKAY MINING CORP. CLOSES NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT FOR $3.5 MILLION

Further to Eskay Mining Corp.'s press release of June 8, 2026, it has closed its non-brokered private placement with the placement of 7.29 million flow-through shares (the FT shares) at a price of 48 cents per FT share for proceeds of $3,499,200.

The proceeds from the offering will be used for Canadian exploration expenses (within the meaning of the Income Tax Act (Canada)), which qualify as flow-through mining expenditures for purposes of the tax act. Proceeds from the offering will be expended on the company's 100-per-cent controlled and consolidated Eskay project in the heart of the Golden Triangle, British Columbia. The securities issue pursuant to the offering have a hold period expiring on Oct. 17, 2026.

Mac Balkam, chief executive officer of Eskay, commented: "We are very pleased to have been able to raise these funds without having to pay any finders' fees or commissions. This financing, in addition to the current working capital of the company, provides full funding for the summer exploration program announced on June 1, 2026. It is a very exciting time for Eskay as we embark upon our 5,000-metre diamond drilling program this July."

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 northwest British Columbia known as the Golden Triangle, 70 kilometres northwest of Stewart, B.C. The company currently holds mineral tenures in this area comprised of 177 claims (52,600 hectares).

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