Eskay Mining Corp (TSX-V:ESK, OTCQX:ESKYF) has announced the discovery of multiple new volcanogenic massive sulfide (VMS) targets across the Scarlet Ridge region, part of its 100% controlled Consolidated Eskay project in British Columbia.
The mineral exploration company said to date it has completed 12,093 metres (m) of diamond core drilling around the area called Jeff North, about 40% of the 30,000m planned for 2022.
“In the vicinity of Scarlet Ridge situated at the northern end of the Eastern Anticline, we are finding intensely mineralized VMS systems within sight of the Eskay Creek Mine located approximately seven kilometres (km) to the west,” Eskay Mining vice president of exploration John DeDecker said in a statement.
WATCH: Eskay Mining to systematically drill TV and Jeff Zones 'very aggressively' while testing new targets
“Newly discovered VMS targets along the Scarlet Ridge-Tarn Lake trend lead us to believe that this VMS district is much larger than previously envisioned,” DeDecker added.
Eskay Mining also noted that drilling has begun at the Scarlet Ridge and TV regions, as the company says it believes there is possibly up to 8.5 km of VMS mineralization along the full Scarlet Ridge trend.
It added that VMS mineralization occurs in four distinct feeder zones: Scarlet Ridge North; Scarlet Ridge South; Scarlet Valley; and Scarlet Knob, each spaced about 1 km apart.
As well, the company reported that a maiden drill program is planned for Scarlet Valley during 2022.
Eskay Mining is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the ‘Golden Triangle’, 70 km northwest of Stewart. The company currently holds mineral tenures in this area comprised of 177 claims, or 52,600 hectares.
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