Northwire Canada EditionThursday, October 15, 2026
Northwire
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GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Drill Results Neutral

Eskay Mining Corp. Announces Successful Completion of Its 2026 Drilling and Geological Mapping Program

Eskay completes drilling at its Golden Triangle project, with certified assays pending to define the deposit's potential upside.

Executive Summary

Eskay Mining Corp. announced the successful completion of its 2026 exploration program on the Corey-Eskay property in British Columbia's Golden Triangle. The company drilled ten diamond holes totaling 4,344 meters across five target areas—C-10, Vermillion, TM, Big Red, and Sultan—between July 20 and September 16, 2026.

Core processing is complete, yielding 1,509 samples. Initial uncertified PortablePPB laboratory analysis in Stewart is finished. Management confirmed the completion of the spring plan to extensively drill at Vermillion and initiate drilling and mapping at the 2025 Sultan discovery.

The company is currently awaiting certified assay results from ALS in Vancouver to report specific drilling intercepts and geological findings.

Material Impact

Eskay Mining Corp. (ESK) has completed its previously announced 5,000-meter drill program, marking an expected operational milestone rather than a market-moving event. The release did not disclose specific drilling intercepts or assay results. The market had anticipated certified results from ALS, which are now delayed until "over the next few months."

The absence of immediate assay data means the news cannot yet validate the high-grade surface sampling results reported in late 2025, such as 297 g/t Au. The completion confirms execution capability and adherence to the 2026 exploration plan, but without assay confirmation, it does not alter the fundamental risk profile or investment thesis.

ESK · Price
Company Overview

Eskay Mining Corp. is a pre-revenue exploration company focused on precious and base metals in British Columbia's Golden Triangle. Its flagship project is the 100%-controlled Corey-Eskay property, spanning 459 square kilometers (52,600 hectares). The property is historically associated with the world-class Eskay Creek VMS deposit and is now targeting copper-gold porphyry and stacked gold vein deposits, particularly at the Vermillion, TM, Big Red, and Sultan zones. The company has shifted its exploration strategy from purely VMS targets to include porphyry and epithermal systems, leveraging new structural geology expertise and rapid-turnaround analytical labs.

Read the original news release →

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