Eskay Mining Corp. wishes to announce that it has entered into an agreement with The Sprott Foundation to acquire 23,703,688 common shares of Garibaldi Resources Corp. valued at $10,782,000 in consideration for the issuance of 4,211,719 working capital units of Eskay at price of $2.56 per WC Unit. Each WC Unit consists of one common share of the Company and one common share purchase warrant . Each WC Warrant entitles the [...]
Eskay Mining Corp. is pleased to announce that it has received all assays from 20 drill holes completed during its maiden diamond drill program at two precious metal-rich volcanogenic massive sulphide deposits, Jeff and TV, on joint venture ground held with Kirkland Lake Gold Ltd. . Assays include 35.5 m grading 9.50 gpt Au and 70.0 gpt Ag including 9.25 m grading 32.17 gpt Au and 93.2 gpt Ag in hole J20-33 at Jeff [...]
Eskay Mining Corp. is pleased to announce that effective immediately Dr. John DeDecker is appointed V.P. of Exploration and M. Robert Myhill becomes V.P. of Finance. Mac Balkam, C.E.O. and President , said " I am excited to have John and Rob join our management team for 2021 as we aggressively expand on the discoveries of 2020. Dr. DeDecker was the guiding force that reinterpreted the TV Jeff targets that resulted in two [...]
Eskay Mining Corp. is pleased to announce that it has confirmed discovery of two precious metal-rich volcanogenic massive sulphide deposits at the TV and Jeff targets on joint venture ground held with Kirkland Lake Gold Ltd. . Assays for 9 of 20 diamond drill holes completed between August and October, 2020 are discussed in this news release. Importantly, all drill holes encountered significant Au and Ag intervals. Assays [...]
Eskay Mining Corp. is pleased to announce that it has closed the brokered private placement offering previously announced on November 20, 2020 and November 26, 2020 and has issued an aggregate of 1,214,100 units of the Company at a price of $0.90 per Unit , 2,904,700 flow-through shares of the Company at a price of $1.05 per FT Share and 9,657,000 flow-through units of the Company at a price of $1.25 per FT Unit for [...]
Eskay Mining Corp. is pleased to announce that it amended its agreement with Echelon Wealth Partners Inc. and Eight Capital as co-lead agents to increase the size of its previously announced "best efforts" private placement offering to up to approximately $11,500,000 of units , traditional flow-through shares , and flow-through units of the Company at a price of $0.90 per Unit , $1.05 per FT Share, and $1.25 per FT Unit [...]
Eskay Mining Corp. is pleased to announce that it has entered into an agreement with Echelon Wealth Partners Inc. and Eight Capital as co-lead agents that have agreed to sell, on a "best efforts" private placement basis, up to approximately $10,000,000 of units , traditional flow-through shares , and flow-through units of the Company at a price of $0.90 per Unit , $1.05 per FT Share, and $1.25 per FT Unit. Each Unit and [...]
Eskay Mining Corp. is pleased to announce that it has completed a highly successful diamond drill campaign encompassing 4,335.55 m in 20 holes at its TV-Jeff precious metal-bearing volcanogenic massive sulphide target on joint venture ground held with Kirkland Lake Gold Ltd. . Nearly all drill holes encountered VMS styles of mineralization including bedded massive sulphide, stockwork feeder and/or sub-seafloor sulphide [...]
Eskay Mining Corp. is pleased to announce that it has encountered precious metal-bearing volcanogenic massive sulphide mineralization in its first diamond drilling at the TV target on joint venture ground held with Kirkland Lake Gold Ltd. . Highlights: Hole TV20-35 encountered volcanogenic massive sulphide mineralization grading 210.0 gpt Ag and 1.23 gpt Au over 11.24 m beginning at a down hole depth of 193.94 m . Notable [...]
Eskay Mining Corp. wishes to announce that, further to its Press Release dated May 15, 2020 announcing the extension of the expiry dates of the warrants issued pursuant to the June 2018 private placement , the expiry date of the remaining 1,142,000 2018 Warrants exercisable at $0.40 per share has been accelerated as a result of the fact that the Company's common shares have closed at a price of at least $0.60 for ten [...]
Eskay Mining Corp. is pleased to announce that, further to its Press Release of July 28, 2020, it has closed its non-brokered private placement with the sale of 3,500,000 flow-through units at a price of $0.645 per FT Unit for $2,257,500 and 2,559,444 working capital units at a price of $0.45 per WC Unit for $1,151,750. The Company raised an aggregate of $3,409,250 pursuant to the Offering. Proceeds from the Offering will [...]
Eskay Mining Corp. WKN: A0YDPM) wishes to announce that shareholders approved all matters at the Annual General and Special Meeting of Shareholders held on August 11, 2020 including the election of Quinton Hennigh and Thomas Weis to the Board of Directors, the re-appointment of McGovern Hurley LLP as auditors, the ratification of the Company's Stock Option Plan and the insider debt settlement. President and CEO Mac Balkam [...]
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