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Eskay Mining Expands the TV-Jeff Precious Metal-Rich VMS System and Demonstrates Its Connectivity with the Eskay Creek System on the Western Limb of the Eskay Anticline
TORONTO, ON / ACCESSWIRE / December 15, 2022 / Eskay Mining Corp. ("Eskay" or the "Company") (TSX...
About this update from Eskay Mining Corp
[{"type":"text","content":"Eskay Mining Expands the TV-Jeff Precious Metal-Rich VMS System and Demonstrates Its Connectivity with the Eskay Creek System on the Western Limb of the Eskay AnticlineTORONTO, ON / ACCESSWIRE / December 15, 2022 / Eskay Mining Corp. (\"Eskay\" or the \"Company\") (TSX-V:ESK)(OTCQX:ESKYF)(Frankfurt:KN7)(WKN:A0YDPM) is pleased to announce it has expanded the TV-Jeff precious metal-rich volcanogenic massive sulfide (\"VMS\") mineralized corridor with new discoveries north of the Jeff deposit and in proximity to the TV deposit. Recent data analysis also points to a link between the TV-Jeff system on the east side of the Eskay Anticline with the Eskay Creek-SIB-Lulu system on the west. Assays from the Scarlet Ridge, Scarlet Valley, Scarlet Knob and Tarn Lake are awaited from the laboratory.Highlights:The first assays to return from holes completed in areas in proximity to the TV deposit have yielded strong results including:3.36 gpt Au and 109.50 gpt Au (4.76 gpt Au eq) over 2.00m within 1.14 gpt Au and 30.58 gpt Ag (1.53 gpt Au eq) over 30.56m in hole TV22-971.03 gpt Au and 173.12 gpt Ag (3.25 gpt Au eq) over 5.65m within 1.28 gpt Au and 87.92 gpt Ag (2.41 gpt Au eq) over 14.95m in hole TV22-109.Wide-spaced drilling approximately 800m north of Jeff encountered a new zone of mineralization that yields high-grade Au-Ag results, some within longer intervals of lower grade mineralization. Results include:15.44 gpt Au and 28.20 gpt Ag (15.80 gpt Au eq) over 1.59m within 1.06 gpt Au and 2.24 gpt Ag (1.09 gpt Au eq) over 43.96m in hole J22-898.50 gpt Au and 11.88 gpt Ag (8.65 gpt Au eq) over 1.75m in hole J22-9710.75 gpt Au and 31.00 gpt Ag (11.15 gpt Au eq) over 0.60m within 1.03 gpt Au and 6.20 gpt Ag (1.11 gpt Au eq) over 7.85m in hole J22-98.VMS mineralization along the TV-Jeff corridor, hosted by Lower Hazleton Group volcanic rocks, is now confirmed over a strike length of 3.1 km.Eskay's geologic team has recently gathered strong evidence pointing to a physical connection between the TV-Jeff VMS system on the east side of the Eskay Anticline with the Eskay Creek-SIB-Lulu system on the west thus opening up considerable opportunity for further exploration discoveries.Summary of Exploration along the TV-Jeff VMS Corridor:Eskay Mining's 2022 diamond drilling program predominantly focused on exploring new areas deemed favorable for discov...