공지 • Oct 09
Eskay Mining Corp. Announces Results from It 2024 Prospecting Campaign
Eskay Mining Corp. announced results from it 2024 prospecting campaign. Areas of focus included newly identified outcropping high-grade gold veins located in the southern portions of the Company's 100% controlled Consolidated Eskay property (the Property). In 2020, Eskay conducted BLEG stream sediment sampling across many parts of the Property with promising gold anomalies coming from multiple watersheds, especially in the south (please refer to a Company news release dated February 25, 2021 for more details). Early interpretation of this data postulated that these anomalous basins might host precious metal-rich volcanogenic massive sulfide (VMS) deposits, especially when outcrops of VMS mineralization were discovered the subsequent year. Drill testing of these targets failed to yield significant precious metal values leaving this anomalism unexplained. Prospecting and sampling in 2024 at C10-Vermillion as well as a new area near Ted Morris Glacier (TM Zone) has resulted in the discovery of numerous high-grade quartz-carbonate-sulfide veins and stockwork veining in shear zones. These are now strongly viewed as the likely source of the prolific gold anomalies in BLEG samples in this area. A close-up photo of high-grade quartz-carbonate-sulfide vein material. Because of the strong similarities in vein styles identified at C10, Vermillion and the TM Zone, Eskay takes the view that these areas are part of the same mineralizing event and that it is likely that more prospecting could lead to the discovery of more such veins. Highlights from C10-Vermillion: One hundred two rock chip and float samples collected at C10 and Vermillion yielded Au grades ranging from less than 5 ppb to 205 gpt with 20 samples yielding results over 1 gpt Au. Notable high-grade spot and float vein samples from C10 and Vermillion include: o 205 gpt Au, 118 gpt Ag, 0.7% Cu, o 75.2 gpt Au, 371 gpt Ag, 1.6% Cu, o 72.7 gpt Au, 79.2 gpt Ag, 1.8% Cu, o 63.3 gpt Au, 165 gpt Ag, 0.6% Cu, o 40.6 gpt Au, 43.5 gpt Ag, 1.4% Cu, o 33.1 gpt Au, 259 gpt Ag, 10.3% Cu, o 32.5 gpt Au, 14.45 gpt Ag, 0.3% Cu, o 24.5 gpt Au, 131 gpt Ag, 0.3% Cu, o 21.7 gpt Au, 19.45 gpt Ag, o 19.3 gpt Au, 3.3 gpt Ag, o 17.0 gpt Au, 11.6 gpt Ag, o 15.95 gpt Au, 55.9 gpt Ag, 2.85% Cu. Copper occurs as chalcopyrite and bornite in the sulfide assemblage of many samples. This association suggests these veins are possibly associated with a porphyry at depth. Bismuth is moderately to strongly elevated, 0.02-3820 ppm, in samples containing over 1 gpt Au. Highlights from the TM Zone: Twenty-four rock chip and float samples collected at the TM Zone yielded Au grades ranging from less than 5 ppb to 136 gpt with 19 samples yielding results over 1 gpt Au. Notable high-grade spot and float vein samples from the TM Zone include: 136 gpt Au, 175 gpt Ag, 100 gpt Au, 85.7 gpt Ag, 95.9 gpt Au, 116 gpt Ag, 78.9 gpt Au, 44.1 gpt Ag, 39.6 gpt Au, 33.6 gpt Ag, 28.9 gpt Au, 278 gpt Ag, 27.4 gpt Au, 70.4 gpt Ag, 12.85 gpt Au, 8.02 gpt Ag. Unlike veins at C10 and Vermillion, veins at the TM Zone display significantly less copper. Bismuth is notably more abundant in samples from the TM Zone, ranging from 26.7-10,001 ppm in samples containing over 1 gpt Au. A stacked sequence of flat veins is present at the TM Zone. Given the limited amount of time spent at C10, Vermillion and TM Zone, Eskay's team thinks that more discoveries of high-grade veins in the southern part of the Property is likely if more time is dedicated to further prospecting. Therefore, additional work is strongly recommended in this area in 2025 with the goal of adding further vein discoveries as well as better understanding those discovered in 2024 in preparation for drill testing. Northeast Region: Eskay's team allocated several days field time to areas that were explored and drilled in 2022 and 2023 at Tarn Lake and Scarlet Knob to better understand the widespread anomalous VMS mineralization that was encountered here. Newly gathered data suggests that there is potentially a strong east-west control to the gossanous zone that extends from Tarn Lake on the west under the glacier to Scarlet Knob on the east. If so, previous drill holes were not optimally oriented to test such a target.