Eskay Mining Corp. Announces Successful Completion of Its 2026 Drilling and Geological Mapping Program
Certified assays are expected over the next few months before Eskay reports drilling and surface mapping results.
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Rhea-AI Summary
Eskay Mining (ESKYF) completed its 2026 exploration program at the Corey-Eskay property in British Columbia, drilling a total of 4,344 meters.
Ten diamond drill holes covered the C-10, Vermillion, TM, Big Red and Sultan targets between July 20 and September 16. The program also included 45 days of geological mapping and collection of 159 surface rock samples. Drill core yielded 1,509 samples; 553 were analyzed in the company's uncertified PortablePPB laboratory in Stewart, with the balance sent to the certified ALS laboratory in Vancouver. All surface rock samples were sent to ALS. Eskay expects certified assays over the next few months and will report drilling and mapping results once they arrive.
Positive
- Minor pointCompleted exploration included ten diamond drill holes totaling 4,344 meters across five target areas.
- Minor point45 days of geological mapping included collection of 159 surface rock samples.
- Minor pointSultan drilling and mapping began at the 2025 discovery.
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.Certified assays remain pending; Eskay expects receipt over the next few months before reporting results.
- Minor point553 core samples were analyzed in Eskay's uncertified PortablePPB laboratory.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TORONTO, ON / ACCESS Newswire / October 14, 2026 / Eskay Mining Corp. ("Eskay" or the "Company") (TSXV:ESK)(OTC PINK:ESKYF)(Frankfurt:KN7)(WKN:A0YDPM) announces the successful completion of its 2026 exploration program on its Corey-Eskay property in British Columbia's Golden Triangle.
Between the start of drilling on the 20th of July and demobilisation of the drill on the 16th of September the company drilled ten diamond holes for a total of 4,344 meters in the C-10, Vermillion, TM, Big Red and Sultan target areas, conducted 45 days of geological mapping within those areas, and analysed 553 core samples in its uncertified PortablePPB laboratory in Stewart.
Table 1 lists details of the diamond holes drilled, and Figure 1 shows the locations of the holes, all at the southern end of the property.
All diamond core was cut at Eskay's core processing facility in Stewart yielding a total of 1,509 samples, 553 of which were analysed in Stewart, with the balance going to the ALS certified laboratory in Vancouver. Depending on the analytical results reported in Stewart, certain samples were sent for repeat analysis by ALS. For most of the drilling program, the Company sent every second sample from drill core for analysis by ALS.
Geological mapping included the collection of 159 surface rock samples and 346 georeferenced photographs. All surface rock samples have been sent to ALS for analysis.
Eskay will report on the results of its drilling and surface mapping once certified assays, expected over the next few months, are received from ALS.
Table 1: List of Eskay Mining Corp. diamond drillholes completed in 2026.
Figure 1: Location of Eskay Mining Corp's 2026 drill holes and surface samples.
Mac Balkam, President and CEO comments: "I am very pleased the Eskay team completed our plan as set out in the spring to extensively drill at Vermillion and provide surface exploration and mapping throughout the target area. We were also able to initiate drilling and mapping at the 2025 Sultan discovery. 2026 has seen us open the book on the very exciting southern part of the massive Eskay property."
Qualified Person
Clinton Smyth, P. Geo., 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 Corp (TSXV:ESK) is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. 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," 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (52,600 hectares).
All material information on the Company may be found on its website at www.eskaymining.com and on SEDAR+ at www.sedarplus.com.
For further information, please contact:
Mac Balkam
President & Chief Executive Officer
T: 416 907 4605
E: Mac@eskaymining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
SOURCE: Eskay Mining Corp.
View the original press release on ACCESS Newswire
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much drilling did Eskay Mining complete in its 2026 exploration program?
Eskay completed ten diamond drill holes totaling 4,344 meters at its Corey-Eskay property. Drilling covered the C-10, Vermillion, TM, Big Red and Sultan target areas between July 20 and September 16.
When will Eskay Mining report its 2026 drilling results?
Eskay will report drilling and surface mapping results after receiving certified assays from ALS, which the company expects over the next few months.
How did Eskay Mining select drill core samples for certified laboratory analysis?
For most of the drilling program, Eskay sent every second drill core sample to ALS for analysis. Depending on analytical results from its Stewart laboratory, certain samples were also sent to ALS for repeat analysis.