Eskay Mining Corp · TSXV:ESK
Eskay Mining — Investor Presentation (January 2021)
39 slides from Eskay Mining's investor presentation, January 2021
Slide 1: A Golden Opportunity in the Heart of British Columbia's Golden Triangle
TSX.V: ESK – USA.OTC: ESKYF – Frankfurt: KN7 A Golden Opportunity in the Heart of British Columbia’s Golden Triangle An integration and preliminary review of Eskay Mining Corp’s extensive and diverse dataset, with a focus on driving future exploration. Eskay Mining Corp Properties: SIB Option Corey
Slide 2: Disclaimer and forward-looking statements
The data contained herein is provided for information purposes only. Certain information has been compiled from sources believed to be reliable. No information in this presentation is to be construed as an offer to buy or sell securities. Some statements contained in this presentation are forward-lo
Slide 3: Capital Structure
(v9) 29144 Symbol: ESK - TSX Venture Exchange Recent Price: $0.27 52 Week High: $0.51 52 Week Low: $0.18 Share Outstanding 108,674,864 *Options Outstanding 9,907,144 Shares Fully Diluted: 118,582,008 *at exercise prices from $0.05 to $0.22 per share Capital Structure Institutional m Dir. & Officers
Slide 4: Management: Hugh M. (Mac) Balkam and Carmelo Marrelli
Hugh M. (Mac) Balkam, President/Ceo, Director Mr. Balkam was with the Royal Canadian Mounted Police for 13 years, many of those involved in the investigation of stock market related fraud. In 1981, he resigned to become a financial consultant with a major brokerage firm, where he managed investments
Slide 5: Charles Greig, M.Sc., P.Geo.
Charles Greig, M.Sc., P.Geo. Charlie Greig is a geologist with over thirty years of experience in the exploration industry. His main area of expertise is in geologic mapping, particularly as it applies to mineral exploration, and he has worked on exploration projects from grass-roots to development.
Slide 6: World Class Mineral Discoveries in B.C.'s Prolific Golden Triangle
World Class Mineral Discoveries in B.C.’s Prolific Golden Triangle Eskay Creek - 3.0 Million oz Au (48.4 g/t), 160 Million oz Ag (2,221 g/t) Brucejack - 9.1 Million oz Au (17.2 g/t), 7.9 Million oz Ag (15.0 g/t) KSM - 38.8 Million oz Au (0.55 g/t), 10.16 Billion lbs Cu (0.21%) Snip - Produced approx
Slide 7: Eskay controls over 52,000 ha in the Golden Triangle
Eskay controls over 52,000 ha of ground in the Heart of British Columbia’s Golden Triangle: • Politically stable • New infrastructure (Northern Transmission Line and Brucejack Mine) • Golden Triangle encompasses over 120 million oz Au in Measured, Indicated and Inferred Resources World Class Neighbo
Slide 8: Eskay Mining's land package ownership agreements
Eskay Mining’s Land package can SIB Property be divided into three distinct • Eskay Creek Type VMS ownership agreements: prospect • 2017 and 2018 drill testing • SSR Mining Inc. (60%) option of SIB property on joint venture ground • Eskay Mining Corp. (80%) and Corey Property Kirkland Lake Gold Ltd.
Slide 9: SSR Mining option on SIB Property
SSR Mining has elected to proceed with the second year of their option agreement with Eskay Mining. SSR Mining has the option to earn a 51% undivided interest in the property by spending an aggregate of $11.7 million in exploration expenditures over three years, with an option to earn a further 9% u
Slide 10: 2017 drill program on the SIB Property
The 2017 Drill program on the SIB Property was designed to test the footwall of the Coulter Creek Thrust Fault (CCTF) for prospective Eskay Creek stratigraphy and precious metals enriched VMS mineralization. Footwall drillholes collared into Bowser Lake Group sedimentary rocks, continued through Han
Slide 11: Exploration Highlights
Exploration Highlights: Confirmed favourable Eskay Creek stratigraphy beneath the CCTF; Identified zones of polymetallic veining; Outlined elevated pathfinder elements within graphitic argillite horizons that are potentially analogous to those distal to the 21 Zone at Eskay Creek Mine; Revea
Slide 12: E-W Projected Cross-section Holes EK17-150, EK17-152
Eskay Mining Corp. E-W Plane Projected Cross-section Holes EK17-150, EK17-152 (Ci. Greig and Associates Ltd 200 ie e v Bowser Lake Group y Hoo e 13! EKI7-152 Salmon River Formation 09 EKI7-150 Coulter Creek Thrust Fault acing rytaonny ES west & Weteny [Ep ence ann
Slide 13: E-W Projected Cross-section Holes EK17-151, EK17-148
Bowser Lake Group Coulter Creek Thrust Fault Salmon River Formation ‘om-ole Sartre yN Eskay Mining Corp. — seating E-WPlane Major Ltoype Major Texture Projected Cross-section oO Sedimentary GQ, “orto seca Holes EK17-151, EK17-148 C.J, Greig and Associates Ltd. [Di reese EB aes Date: December 5, 2017
Slide 14: E-W Projected Cross-section Holes EK17-145, EK17-143
Bowser Lake Group yN Eskay Mining Corp. E-WPlane Projected Cross-section Holes EK17-145, EK17-143 Cal. Greig and Associates Ltd, 200 Date December 5, 2017 metres Coulter Creek Thrust Fault add [Bh vere Mos Se ee
Slide 15: SSR Mining proceeds with second year of option
SSR Mining has elected to proceed with the second year of their option agreement with Eskay Mining Corp. Target generation for the 2018 summer drill program at the SIB property is currently underway. It will systematically test the extensive and favourable Eskay stratigraphy to the west and south of
Slide 16: Corey property exploration targets
The remainder of the large land package outside of the SIB option is referred to as the as the Corey property. Much of the property remains relatively under-explored and a number of excellent exploration targets remain: 1) precious metal-enriched VMS; 2) high-grade Au-Ag sulphide-sulphosalt veins; 3
Slide 17: Jeff, TV and C10 Showings
Jeff Showing – VMS/Epithermal Au Drill tested soil anomaly in 1991 and intersected 4.0 m interval grading 47.14g/t Au and 348.4 g/t Ag. TV Showing – VMS 1995 drilling intersected numerous wide intercepts of anomalous Au, in both mudstone and underlying volcanic units, including 1.79 g/t Au and 32.1
Slide 18: Corey property prospect overview
N Spearhead (behind ridge) Red Lightning HSOV Mt. Madge Seabridge and Big Red Pretium C10 South Unuk Area Big Red
Slide 19: Jeff Zone Drilling Highlights
Jeff Zone Drilling Highlights The Jeff zone covers a 1.5 km long north trending gold, silver, Hole From To Length Au Ag Cu Zn Mineralization Style arsenic, antimony and mercury soil anomaly overlying Eskay ID (m) (m) (m) (g/t) (g/t) (%) (%) Rift associated stratigraphy. Historical drilling at the Je
Slide 20: Jeff Zone drillholes J91-10 and J91-7
J91-10: Mudstone hosted J91-7: Vein Hosted 1.05 m @ 14.87 g/t Au 4.0 m @ 53.3 g/t Ag 47.14 g/t Au 348.4 g/t Ag
Slide 21: Jeff Zone 3D perspective view
Top-down 3D perspective view of Jeff Zone drillholes. Blue polygons represent inferred J91-7: zones of continuous Vein Hosted mineralization. 4.0 m @ 47.14 g/t Au J91-10: Mudstone hosted 348.4 g/t Ag 1.05 m @ 14.87 g/t Au 53.3 g/t Ag
Slide 22: TV Zone
TV Zone The zone covers a 1.2 km long north trending gold-in-soil anomaly above favourable Eskay Creek stratigraphy. Historical drilling cut Eskay-style footwall and stratiform mineralization. The discordant zone is strongly silicified, pyritiferous, and up to 60 m wide. The best assays from the dis
Slide 23: TV Zone drillhole intercepts
95_31: Vein Hosted 22.10 m @ 2.22 g/t Au 49.5 g/t Ag 95_24: 95_15: Vein Hosted Mudstone Hosted 22.30 m @ 34.46 m @ 1.65 g/t Au 1.79 g/t Au 75.0 g/t Ag 32.1 g/t Ag
Slide 24: TV Zone 3D perspective views
95_24: Sub surface 3D perspective Sub surface 3D perspective view with polygonal mineralization Vein Hosted view of TV Zone drillholes model. Note mineralization is open at depth to the north and east 22.30 m @ 1.65 g/t Au 75.0 g/t Ag 95_15: 95_31: Mudstone Hosted Vein Hosted 34.46 m @ 22.10 m @ 1.7
Slide 25: C10 Drilling Highlights
C10 Drilling Highlights The C10 zone is defined by a broad gold soil From Length Au anomaly that encompasses a semi-continuous Hole ID (m) To (m) (m) (g/t) Ag (g/t) Cu (ppm) Zn ppm and variably high grade gold trend outlined by previous drilling. 19.2 19.81 0.61 14.93 1.4 - - DDH88-05 Previous worke
Slide 26: CR05-17: Vein Hosted 1.5 m @ 99.40 g/t Au
CR05-17: Vein Hosted 1.5 m @ 99.40 g/t Au 28.1 g/t Ag
Slide 27: C10 Zone drillholes and IP chargeability anomaly
Top-down 3D perspective view Top-down 3D perspective view of C10 Zone drillholes of C10 Zone drillholes and modeled ground IP chargeability anomaly. All IP anomalies remain untested. CR06-37 CR06-38 CR06-39 CR06-31 CR06-32 CR06-33 CR06-37 CR06-34 CR06-38 CR06-35 CR06-39 CR05-17: Vein Hosted CR06-31
Slide 28: GFJ Zone
GFJ Zone The GFJ zone comprises a lode gold C10 Holes vein occurrence up to 750 metres in length and ranges from 0.5 to 1 metre in width. Mineralization is found within a shallowly-dipping shear-controlled GFJ Showing IP Chargeability High pyritic quartz vein, consisting of banded quartz, chlorite,
Slide 29: GFJ Showing soil and stream silt samples
K Ai ] Soil Samples (Au ppb) 500 to 1,000 100 to 500 40 to 100 © 2 50 500 to 1,000 [Bi 100 to 500 D 2 50 | GFI Zone Stream Silt Samples (Au ppb) ~ set 1@> 1000 dl @ 500 to 1,000 @ 100 to 500 © 40 to 100 = © 2% 50 0 : <20 Cs Kilometres metres
Slide 30: Red Lightning 2007 and 2008 Drilling Highlights
Red Lightning 2007 Drilling Highlights The Red Lightning Zone hosts magmatic nickel- From To Length copper-rich mineralization associated with a relatively Hole ID (m) (m) (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) small-sized body of tholeiitic basalt/gabbro. The first RL-1 69.2 71.7 2.5 0.25 2.3 0
Slide 31: CR08-86: Massive Sulfide 20.4 m
CR08-86: Massive Sulfide 20.4 m @ 0.42% Ni 0.79% Cu 0.8 g/t Au 0.1 g/t Pd
Slide 32: CR08-86 with IP chargeability high
CR08-86: Massive Sulfide 20.4 m @ 0.42% Ni 0.79% Cu 0.8 g/t Au 0.1 g/t Pd IP Chargeability High
Slide 33: Brucejack-Style Conceptual Target
Brucejack-Style Conceptual Target • Recent mapping has confirmed that the stratigraphic units which host many of the occurrences on Pretium’s Brucejack property are exposed at North Mitchell, including key units that are common to and host mineralization at VOK and other occurrences. • Locally perva
Slide 34: North Mitchell Block
North Mitchell Block
Slide 35: Eskay Creek, Porphyry and Epithermal Potential
Eskay Creek, Porphyry and Epithermal Potential: Virginia Lake, Battlement, Bench, South Unuk, Angela Creek, Golf Course, Smitty, C10, Cumberland, HSOV and Spearhead showings host favourable Eskay Stratigraphy with gold and silver soil and silt anomalies with elevated Eskay-type (As, Sb, Hg) pathfind
Slide 36: SIB Property, Corey and Mitchell North Block plans
SIB Property: Target generation for the 2018 summer drill program at the SIB property is currently underway. It will systematically test the extensive and favourable Eskay stratigraphy to the west and south of the 2017 drill area for precious metals enriched VMS mineralization. Corey and Mitchell No
Slide 37: Investment highlights
• Large Prospective and Highly Under-explored Property (130,000 acres) • Located in Politically Stable Canada and in the Heart of British Columbia’s Golden Triangle • World Class Deposits next door: Barrick’s Eskay Creek Mine, Seabridges’ KSM Deposit and Pritiums’ Brucejack (VOK) Mine • Good infrast
Slide 38: Large Land Package with Elephant Potential
Large Land Package (130,000 acres) with Elephant Potential – Next door to Eskay Creek Mine, KSM Deposits and VOK. • Eskay Mining believes that the property is remarkably underexplored. Numerous showings have seen only first pass exploration and drilling. A number of geophysical targets have yet to b
Slide 39: Thank You
For Further Information Contact: Mac Balkam, President & CEO – 416.907.4020 Charles Greig, M.Sc., P.Geo., Consultant – 250.492.2331 Thank You