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Drill Results Including 5.1 Meters Grading 31.23 gpt Au and 138.1 gpt Ag and 4.1 Meters Grading 11.09 gpt Au and 44.2 gpt Ag Confirm Discovery of Two Precious Metal-Rich VMS Deposits for Eskay Mining
TORONTO, ON / ACCESSWIRE / December 22, 2020 / Eskay Mining Corp. ("Eskay" or the "Company") ...
About this update from Eskay Mining Corp
[{"type":"text","content":"Drill Results Including 5.1 Meters Grading 31.23 gpt Au and 138.1 gpt Ag and 4.1 Meters Grading 11.09 gpt Au and 44.2 gpt Ag Confirm Discovery of Two Precious Metal-Rich VMS Deposits for Eskay MiningTORONTO, ON / ACCESSWIRE / December 22, 2020 / Eskay Mining Corp. (\"Eskay\" or the \"Company\") (TSXV:ESK)(OTC PINK:ESKYF)(FSE:KN7)(WKN:A0YDPM) is pleased to announce that it has confirmed discovery of two precious metal-rich volcanogenic massive sulphide (\"VMS\") deposits at the TV and Jeff targets on joint venture ground held with Kirkland Lake Gold Ltd. (80% Eskay/20% Kirkland Lake Gold). Assays for 9 of 20 diamond drill holes (TV20-35, TV20-36, TV20-37, TV20-38, TV20-39, TV20-40, J20-31, J20-34 and J20-37) completed between August and October, 2020 are discussed in this news release. Importantly, all drill holes encountered significant Au and Ag intervals. Assays for the remaining 11 holes are expected back by late January, 2021.Highlights and Summary: All drill holes assayed to date display one or more significant intervals of precious metal-rich VMS mineralization (Au eq = Au + Ag/72) with highlights including:TV:TV20-40: 29.92 m grading 3.5 gpt Au eq including 4.10 m grading 11.7 gpt Au eq and a second zone of 65.27 m grading 1.6 gpt Au eqTV20-39: 40.74 m grading 1.8 gpt Au eq including 10.50 m grading 2.9 gpt Au eqTV20-38: 20.53 m grading 2.4 gpt Au eq including 10.50 m grading 3.5 gpt Au eqTV20-37: 17.46 m grading 3.3 gpt Au eq including 4.2 m grading 7.9 gpt Au eq and a second zone of 54.95 m grading 1 gpt Au eqTV20-36: 32.83 m grading 2.3 gpt Au eq including 1.5 m grading 17.3 gpt Au eqTV20-35: 15.00 m grading 2.2 gpt Au eq and a second zone of 16.33 m grading 3.2 gpt Au eqJeff:J20-31: 24.55 m grading 2.0 gpt Au eqJ20-34: 5.08 m grading 33.1 gpt Au eq including 1.59 meters grading 83.4 gpt Au eqJ20-37: 7.66 m grading 4.6 gpt Au eqFigures 1, 2 and 3 show plan views of drill holes completed at TV and Jeff, and Figures 4, 5, 6 and 7 provide cross sectional views of drill intercepts. True widths of mineralization vary between 50-100% of reported intercept lengths.The TV and Jeff targets are approximately 1.8 km apart. Right now, the Company is interpreting these discoveries to be separate systems, but a recent SkyTEM geophysical survey suggests strong continuity of stratigraphy along this segment of the east limb of the Eska...