Kaiser Bottom Fish OnlineFree trialNew StuffHow It WorksContact UsTerms of UseHome
Specializing in Canadian Stocks
SearchAdvanced Search
Welcome Guest User   (more...)
Home / Companies / KRO Profile
KRO Profile
KRO Company Profile

Eskay Mining Corp (ESK-V)
RSWeb SiteTreeForumSEDARQuoteFree
Trade DateVolumeHighLowCloseChgStatus
December 2, 202266,100$1.150$1.110$1.110($0.010)Trading
Basic Info
Listed On:TSX Venture: ESK6/21/1994Sector:ResourceKey People
Issued:183,117,1238/31/2022Story Type:Discovery ExplorationHugh (Mac) Balkam (CEO), Carmelo Marrelli (CFO), John DeDecker (VP EX), M. Robert Myhill (VP FI), William R. Johnstone (Sec),
Diluted:204,628,766
JK Owns:No
Insider Stake:14%10/17/2019Tel:(416) 907-4020
Working Capital:$5,431,3728/31/2022Email:Address
Market Cap:$203,260,007
Web Site:eskaymining.com82 Richmond St East, Toronto, ON, M5C 1P1, Canada
Cash Breakup:$0.02per shTwitter:@Eskay_Mining
Spec Value Rating History
Dec 13, 2018 $0.100 Bottom-Fish Spec Value New
Jun 29, 2020 $0.840 Fair Spec Value New
Jun 29, 2020 $0.220 Bottom-Fish Spec Value New
Dec 31, 2020 $2.200 Fair Spec Value New
Dec 31, 2021 $2.770 Fair Spec Value New
Spec Value Rating Overview
SV Rating: Fair Spec Value - Favorite - as of December 31, 2021
What's Next?
Updated September 18, 2020: Eskay Mining Corp was made a Bottom-Fish Spec Value rated Favorite at $0.215 on June 29, 2020 after CEO Mac Balkam cleaned up the balance sheet and raised $2.4 million to fund a major rethink of the SIB-Corey project in the Golden Triangle where efforts to find Eskay Creek 2 have been frustrated for decades (see Tracker June 29, 2020). The rethink initiative was launched in Q4 of 2019 when ESK brought Quinton Hennigh on board. He in turn recruited VMS experts John Monecke and John Dedecker to assist with a reinterpretation of the 25 km long property in the middle of a very prolific part of the Golden Triangle. This was a year after SSR dropped its 60% option on the SIB-Lulu portion after spending $8 million on a new approach based on the idea that the Coulter Creek Thrust fault coming from the east had decapitated the gold-silver enriched Lulu mudstone from the tilted VMS prospective Salmon River stratigraphy and displaced it westwards, an approach proposed earlier by Hennigh. Dedecker took a detailed look at the SSR drill data, confirmed that the subtle alteration on the SIB claim is indeed related to VMS style hydrothermal processes, and made the startling discovery that the Coulter Creek Thrust was backwards, rising from the west rather than the east and pushing younger Bowser Lake rocks over the Salmon River Formation. The past exploration goal was to find the Contact Mudstone which hosts the extremely rich 2.5 million tonne Eskay Creek deposit, but under the new Coulter Creek Thrust hypothesis this unit would be under the Bowser Lake sediments west of where all the drilling was done. The Lulu Zone mineralization was hosted by a "lower" carbonaceous mudstone unit into which fluids from a VMS feeder had bled laterally on their way to a seafloor vent at the Contact Mudstone unit (it is called "Contact" because it was buried by a post-mineral basalt flow) where something like the Eskay Creek deposit might have formed. So the potential for another Eskay Creek style deposit in the SIB-Lulu area just south of Skeena's property effectively remains untested. Once Dedecker figured this out, the question arose, how much else of the past exploration strategy was based on a misunderstanding of the geology? So in July 2020 Dedecker embarked on a program to relog and re-assay samples of the historic core stored in a warehouse, and then spent much of the summer at the SIB-Corey project visiting the known showings and remapping the geology. It turns out past exploration programs did not have a coherent understanding of the geology, and that the entire SIB-Corey project needed to be re-assessed, not just the SIB-Lulu area. This enabled ESK to raise an additional $3.4 million during the summer at $0.45 for hard and at $0.645 for flow-thru dollars. A decision was also made to fly a Skytem Mag-EM survey over the northern part of the property whose conductors were supposed to be the basis for a drill program, but bad weather prolonged this survey so that its final interpreted results will not be available until early October. IP surveys have also been done over selected targets but are only finishing now. Dedecker's digital compilation of the 30 holes drilled in 1995-96 on the Jeff and TV targets, gold bearing VMS style mineralized showings about 2 km apart, revealed that the past drill holes did not properly assess what appear to be stacked, east dipping lenses within a carbonaceous mudstone unit. A 3,000 m plus drill program began on August 21; a second rig was added in mid September when about 1,000 m had been drilled. The program is currently in a race against the weather with mid October projected to be the end of the season. Because the geophysical surveys took so long to complete Dedecker has designed a program of very small stepouts from the Jeff and TV zones in an attempt to establish their geometry and the geology of the area, which in turn will be used to calibrate the geophysical data for assessment in 2021 of new targets revealed by the Skytem survey. The company is not talking about the drilling program which will include some more aggressive holes in the 2 km segment between Jeff and TV, and, given the slow assay lab turnaround, we may not get a drill results report until late November. The north-south oriented footprint of the Jeff-TV zone is bigger than that of Eskay Creek, so there is room for a discovery hole during the 2020 season. But this summer's work will lay the foundation for a substantially bigger program in 2021 which may include deeper drilling in the SIB-Lulu area to test the revamped Coulter Creek Thrust hypothesis. Dedecker has also pointed out that field work highlighted other showings such as Spearhead, Tet, Cumberland and the intriguing C10 area which has a significant gold footprint that is not related to a VMS style hydrothermal system. Following the recent financing Eskay Mining Corp has 168.3 million fully diluted, which at $0.84 implies a $141 million value for the 100% owned portion, and $177 million for the 80% owned portion. An Eskay Creek clone would be worth CAD $4.7 billion today and under the rational speculation model that valuation is above the fair value channel for such an outcome, though for the 100% owned ground it is within the fair spec value range. Since Eskay Mining Corp has a meaningful exploration program underway at SIB-Corey, which will not exhaust the capital raised this summer, a Bottom-Fish Spec Value rating no longer applies. Accordingly effective September 18, 2020 Eskay Mining Corp is converted to a Fair Spec Value rated Favorite at $0.84. The Jeff-TV drilling has the potential to deliver a discovery hole, and will most certainly deliver a better understanding of the mineralization in this area. In the absence of flashy drill results the stock will be subject to end of year seasonal pressure. The degree that the stock price remains resilient will hinge on the new exploration potential that this summer's "rethink" grunt work has unveiled.
Corporate Change History


#Old for NewLast PricePrior NameSubsequent NameDetails
Nov 19, 2001Name Change3:1$0.03Kenrich Mining Corp (KRC-V)Kenrich-Eskay Mining Corp (KRE-V)
Nov 3, 2009Name Change1:1$0.20Kenrich-Eskay Mining (KRE-V)Eskay Mining Corp (ESK-V)
Recommendation History
Edition Date Price
Recommendation Gain
BF2016 4/12/2017 $0.31 New BF Buy $0.30-$0.49 -37%
BF2016 5/15/2018 $0.23 Confirm BF Buy $0.30-$0.49 -53%
BF2016 7/30/2018 $0.25 Confirm BF Buy $0.30-$0.49 -49%
BF2016 12/13/2018 $0.10 BF Technical Closeout 100% -80%
SVF2020 6/29/2020 $0.22 Bottom-Fish Spec Value Favorite 0%
SVF2020 9/18/2020 $0.84 Fair Spec Value Favorite 282%
SVF2020 12/31/2020 $2.20 Fair Spec Value 900%
SVF2022 12/31/2021 $2.77 Fair Spec Value Favorite 0%
Ranking within Company's Price Range based Group
All TSX-TSXV KRO as of Dec 2, 2022Group MedianCompanyPercentileScore
Price Range:$1.01-$1.25Issued:113,510,830183,117,12328.6%42.9%
Price Group Total:14Working Cap:$5,064,878$5,431,37257.1%
TSXV KRO as of Dec 2, 2022Group MedianCompanyPercentileScore
Price Range:$1.01-$1.25Issued:110,388,033183,117,12311.1%33.3%
Price Group Total:9Working Cap:$5,431,372$5,431,37255.6%
Group figures exclude delisted and suspended companies. The higher the company percentile the better, based on the assumptions that the lowest issued shares and highest working capital are best. The score is the average of the percentiles. A percentile is that percentage of a group that a member ranks higher than. Note that issued and WC reflect latest financials.
Ranking Color Code:Lower than 25%25% to 50%50% to 75%Higher than 75%
Charts & Financing Activity
 Most recent 43-101 resource estimate  Prior resource estimate  PEA  PFS  FS/BFS/DFS
Private Placement Key
less than $500,000 $1,000,000 - $2,000,000 $5,000,000 - $10,000,000 $20,000,000 - $50,000,000
$500,000 - $1,000,000 $2,000,000 - $5,000,000 $10,000,000 - $20,000,000 over $50,000,000
Private placement financing dates and value ranges are based on transactions reported by the TSXV Monthly Review.
Date Company Type Quantity Price FT Units Amount Broker
Jan 3, 2002 Kenrich-Eskay Mining Corp PP 400,000 $0.100
Units $40,000
Jan 3, 2002 Kenrich-Eskay Mining Corp PP 1,200,000 $0.050
Units $60,000
Nov 18, 2003 Kenrich-Eskay Mining Corp PP 1,595,000 $0.250
Units $398,750
Nov 18, 2003 Kenrich-Eskay Mining Corp PP 645,000 $0.250 FT Units $161,250
Jul 28, 2004 Kenrich-Eskay Mining Corp PP 2,488,728 $0.550 FT Units $1,368,800
Jul 28, 2004 Kenrich-Eskay Mining Corp PP 1,828,400 $0.500
Units $914,200
Jan 13, 2005 Kenrich-Eskay Mining Corp PP 800,000 $0.750
Units $600,000
Jan 13, 2005 Kenrich-Eskay Mining Corp PP 1,059,854 $0.850 FT Units $900,876
Mar 24, 2005 Kenrich-Eskay Mining Corp PP 2,650,000 $0.850 FT Units $2,252,500
Mar 24, 2005 Kenrich-Eskay Mining Corp PP 2,822,000 $0.750

$2,116,500
Dec 28, 2005 Kenrich-Eskay Mining Corp PP 500,000 $1.000 FT Units $500,000
Feb 6, 2006 Kenrich-Eskay Mining Corp PP 4,115,900 $1.100
Units $4,527,490
Feb 6, 2006 Kenrich-Eskay Mining Corp PP 2,032,000 $1.250 FT Units $2,540,000
Jun 6, 2006 Kenrich-Eskay Mining Corp PP 2,650,300 $1.700 FT Units $4,505,510
Jun 6, 2006 Kenrich-Eskay Mining Corp PP 1,464,500 $1.600
Units $2,343,200
Jun 12, 2006 Kenrich-Eskay Mining Corp PP 2,750,000 $1.600
Units $4,400,000
Jun 12, 2006 Kenrich-Eskay Mining Corp PP 1,940,500 $1.700 FT Units $3,298,850
Nov 2, 2007 Kenrich-Eskay Mining Corp PP 8,348,197 $0.600 FT Units $5,008,918
Nov 2, 2007 Kenrich-Eskay Mining Corp PP 2,500,000 $0.600
Units $1,500,000
Aug 3, 2010 Eskay Mining Corp PP 1,835,050 $0.200
Units $367,010
Aug 3, 2010 Eskay Mining Corp PP 10,916,000 $0.250 FT Units $2,729,000
Oct 12, 2011 Eskay Mining Corp PP 3,068,444 $0.110
Units $337,529
Jun 1, 2012 Eskay Mining Corp PP 1,240,000 $0.060
Units $74,400
Apr 30, 2013 Eskay Mining Corp PP 4,000,000 $0.050
Units $200,000
May 18, 2016 Eskay Mining Corp PP 2,000,000 $0.100
Units $200,000
Aug 19, 2016 Eskay Mining Corp PP 600,000 $0.250 FT Units $150,000
May 5, 2017 Eskay Mining Corp PP 1,290,322 $0.233

$300,000
Jun 21, 2018 Eskay Mining Corp PP 890,000 $0.250
Units $222,500
Jun 21, 2018 Eskay Mining Corp PP 784,000 $0.300 FT Units $235,200
Dec 18, 2019 Eskay Mining Corp PP 250,000 $0.160 FT Units $40,000
Dec 18, 2019 Eskay Mining Corp PP 3,350,000 $0.120
Units $402,000
Jul 6, 2020 Eskay Mining Corp PP 3,002,941 $0.170 FT Units $510,500
Jul 6, 2020 Eskay Mining Corp PP 8,950,000 $0.255 FT Units $2,282,250
Sep 15, 2020 Eskay Mining Corp PP 3,500,000 $0.645 FT Units $2,257,500
Sep 15, 2020 Eskay Mining Corp PP 2,559,444 $0.450
Units $1,151,750
Jan 6, 2021 Eskay Mining Corp PP 2,904,700 $1.050 FT
$3,049,935
Jan 6, 2021 Eskay Mining Corp PP 7,725,600 $1.250 FT Units $9,657,000
Jan 6, 2021 Eskay Mining Corp PP 1,214,100 $0.900 FT Units $1,092,690
May 16, 2022 Eskay Mining Corp PP 2,222,223 $3.150 FT Units $7,000,002
Capital
Financials Dated: August 31, 2022 Reporting Period: 6 months Year End: 02/28 Currency: CAD
Assets Liabilities Income
Cash Equivalents: $10,369,463 Current Liabilities: $6,375,064 Operating Revenues: $0
Receivables etc: $1,436,973 Tangible LT Debt: $94,040 Operating Cash Costs: $0
Current Assets: $11,806,436 Intangible LT Debt: $0 Operating Cash Flow: $0
Long Term Assets:$6,427,521Total Liabilities:$6,469,104Operating Non-Cash Costs:$0




Miscellaneous Revenue:$0
Total Assets: $18,233,957 Share Capital: $111,563,974 Cash Expenses: $13,914,408


Shareholder Deficit: ($99,799,121) Non-Cash Expenses: $0
Working Capital: $5,431,372 Net Shareholder Equity: $11,764,853 Total Expenses: $13,914,408




Overall Cash Flow:($13,914,408)
Monthly Overhead:$2,319,068

Net Income (Loss):($13,914,408)

Note:
Capital History
Date PeriodCash EqCurrent
Assets
Total
Assets
Current
Liabilities
Total
Liabiltiies
Share
Capital
GAINCash
Expenses
DilutedWorking
Capital
8/31/2010 6 $1,351,280 $2,021,292 $24,754,288 $753,194 $753,194 $57,480,399
$371,124 0 $1,268,098
5/31/2011 3 $338,540 $413,319 $550,768 $289,350 $289,350 $63,080,232
$147,292 0 $123,969
11/30/2011 9 $48,132 $158,325 $282,701 $433,542 $433,542 $63,389,727
$914,773 105,591,652 ($275,217)
2/29/2012 12 $11,559 $39,067 $233,701 $583,347 $630,400 $63,795,904
$1,052,751 105,291,652 ($544,280)
5/31/2012 3 $35,061 $47,383 $235,047 $572,551 $620,026 $63,867,494
$53,790 105,833,652 ($525,168)
8/31/2012 6 $24,078 $37,696 $218,391 $631,196 $679,094 $63,867,494
$122,652 96,261,148 ($593,500)
11/30/2012 9 $23,834 $44,209 $217,933 $719,276 $767,596 $63,867,494
$205,095 96,160,555 ($675,067)
2/28/2013 12 $76,491 $90,712 $252,579 $715,573 $764,752 $63,939,813 0% $61,699 104,295,555 ($624,861)
5/31/2013 3 $76,491 $90,712 $252,579 $715,573 $764,752 $63,939,813
$61,699 104,295,555 ($624,861)
8/31/2013 6 $37,963 $50,976 $152,146 $747,628 $797,245 $63,939,813
$133,498 104,295,555 ($696,652)
11/30/2013 9 $12,112 $22,905 $184,075 $795,624 $925,430 $63,939,813
$234,875 104,295,555 ($772,719)
2/28/2014 12 $9,537 $26,288 $187,458 $858,430 $988,674 $63,939,813 0% $290,092 107,295,555 ($832,142)
5/31/2014 3 $100,492 $125,641 $286,811 $869,771 $1,000,423 $64,103,859
$85,053 107,179,555 ($744,130)
8/31/2014 6 $82,614 $93,618 $245,288 $912,336 $1,043,486 $64,113,859
$195,523 107,179,555 ($818,718)
11/30/2014 9 $38,307 $47,173 $198,843 $1,030,305 $1,082,156 $64,112,401
$352,110 106,559,555 ($983,132)
2/28/2015 12 $29,797 $39,053 $190,723 $1,108,476 $1,160,780 $64,113,859 0% $333,603 106,659,555 ($1,069,423)
5/31/2015 3 $2,554 $14,863 $166,533 $1,135,674 $1,188,431 $64,113,859
$60,401 107,379,555 ($1,120,811)
8/31/2015 6 $14,473 $21,489 $154,359 $1,171,478 $1,224,720 $64,167,859
$119,563 107,279,555 ($1,149,989)
11/30/2015 9 $0 $7,080 $139,950 $1,227,747 $1,227,747 $64,167,859
$190,927 106,309,555 ($1,220,667)
2/29/2016 12 $7,501 $38,161 $171,031 $1,297,106 $1,351,288 $64,226,399 0% $491,267 113,564,627 ($1,258,945)
5/31/2016 3 $51,445 $63,654 $196,524 $873,640 $928,308 $64,613,000
$66,084 113,564,627 ($809,986)
8/31/2016 6 $204,870 $216,890 $349,760 $963,781 $1,018,936 $64,761,500
$164,063 114,764,627 ($746,891)
11/30/2016 9 $212,139 $232,411 $365,281 $690,838 $746,479 $65,310,052
$537,903 117,891,686 ($458,427)
2/28/2017 12 $113,696 $145,480 $278,350 $672,314 $889,546 $65,275,269 2% $379,789 117,891,686 ($526,834)
5/31/2017 3 $277,574 $336,422 $469,292 $363,670 $581,406 $65,868,519
$429,372 119,182,008 ($27,248)
8/31/2017 6 $213,707 $282,233 $415,103 $425,255 $643,494 $65,868,519
$210,445 119,182,008 ($143,022)
11/30/2017 9 $160,245 $182,324 $315,194 $412,047 $630,790 $65,915,269
$339,752 119,282,008 ($229,723)
2/28/2018 12 $165,634 $187,191 $320,061 $375,359 $594,606 $66,220,609 1% $938,294 120,782,008 ($188,168)
5/31/2018 3 $388,314 $429,091 $561,961 $946,673 $1,166,442 $66,268,209
$354,664 120,782,008 ($517,582)
8/31/2018 6 $103,352 $182,629 $255,499 $374,468 $594,759 $66,677,037
$181,355 123,338,008 ($191,839)
11/30/2018 9 $28,710 $129,254 $202,124 $377,702 $598,515 $66,677,037
$606,906 123,238,008 ($248,448)
2/28/2019 12 $60,693 $86,750 $159,620 $430,713 $652,047 $66,677,037 1% $704,257 121,388,008 ($343,963)
5/31/2019 3 $46,542 $57,770 $130,640 $468,513 $690,388 $66,677,037
$245,358 123,688,008 ($410,743)
8/31/2019 6 $104,297 $117,486 $190,356 $577,679 $800,094 $66,840,137
$380,370 123,688,008 ($460,193)
11/30/2019 9 $178,565 $197,013 $269,883 $721,313 $944,269 $67,019,847
$757,279 125,651,165 ($524,300)
2/29/2020 12 $177,307 $205,696 $278,566 $702,717 $926,213 $67,387,637 1% $818,986 134,294,021 ($497,021)
5/31/2020 3 $888,759 $913,369 $986,239 $1,805,611 $2,029,667 $67,387,637
$396,032 134,294,021 ($892,242)
8/31/2020 6 $4,343,125 $4,526,868 $4,599,738 $1,472,019 $1,696,635 $73,188,574
$3,086,374 168,322,449 $3,054,849
11/30/2020 9 $2,608,521 $3,575,243 $3,648,113 $650,858 $876,034 $74,100,374
$4,537,638 168,272,449 $2,924,385
2/28/2021 12 $14,473,006 $15,463,376 $15,615,185 $4,916,692 $4,981,325 $82,905,744 23% $15,558,911 189,160,882 $10,546,684
5/31/2021 3 $12,662,103 $24,172,624 $24,320,486 $3,944,547 $4,009,599 $94,284,434
$2,029,794 197,584,320 $20,228,077
8/31/2021 6 $7,150,474 $16,519,799 $16,663,714 $3,058,121 $3,123,591 $94,964,000
$9,712,255 197,659,320 $13,461,678
11/30/2021 9 $1,545,611 $7,758,873 $7,900,435 $430,414 $496,304 $95,387,842
$14,507,316 197,659,320 $7,328,459
2/28/2022 12 $876,222 $2,183,125 $8,480,972 $2,925,151 $2,991,461 $95,982,395 16% $18,163,202 198,159,320 ($742,026)
8/31/2022 6 $10,369,463 $11,806,436 $18,233,957 $6,375,064 $6,469,104 $111,563,974
$13,914,408 204,628,766 $5,431,372
Structure & People
Directors, Officers and Employees: 25,359,861 13.8% AGM: August 11, 2020
Other Insiders: 0 0.0% People Tree Available
Past Reported Shareholders: 3,154,107 N/A
Related Party Occupation Related
Since
Insider Director Officer Capacity Ownership %
Hugh (Mac) Balkam Investigator 10/20/2009 CEO & President 14,053,216 7.7%
Quinton T. Hennigh Geologist 9/11/2019
Advisory Board 900,000 0.5%
J. Gordon McMehen Lawyer 12/21/2009

9,592,717 5.2%
M. Robert Myhill Accountant 11/3/2009 VP Finance 625,928 0.3%
Tom Weis Geophysicist 11/2/2016
Advisory Board 188,000 0.1%
John DeDecker Geologist 10/16/2019
VP Exploration 0 0.0%
Focus Communications Invetor Relations Inc Investor Relations 1/8/2020

IR 0 0.0%
Charles Greig Geologist 11/2/2016

Advisory Board 0 0.0%
William R. Johnstone Lawyer 11/2/2016
Corporate Secretary 0 0.0%
Leonidas Karabelas Investor Relations 1/8/2020

IR 0 0.0%
Carmelo Marrelli Accountant 11/2/2016
CFO 0 0.0%
Andrew J. Mitchell Geologist 10/17/2019

Advisory Board 0 0.0%
Thomas Monecke Geologist 10/16/2019

Advisory Board 0 0.0%
Neil Prowse Geologist 10/17/2019

Advisory Board 0 0.0%
Red Cloud Financial Services Inc Investor Relations 9/4/2019

IR 0 0.0%
James A. Rogers Geoscientist 11/2/2016

Advisory Board 0 0.0%
Past Insiders and Reported Shareholders - Current Ownership Status unknown - positions may be pre-rollback
Related Party Occupation Related
Since
Insider
Ended
Director
Ended

Capacity Ownership
Jerry D. Blackwell Geologist 9/21/2009 12/2/2009 12/2/2009
Director 0
Wally E. Boguski Businessperson 8/31/1997 12/15/2009 12/15/2009
Director 389,666
Doug Chalmers
7/28/2010 9/12/2011 9/12/2011
Director 1,839,000
Art D. Ettlinger Deceased 12/21/2010 1/1/2011

Advisory Board 0
David Hodge Businessperson 12/21/2010


Advisory Board 0
Chet Idziszek Geologist 3/1/2010


Advisory Board 0
David Mallo Geologist 3/1/2010


Advisory Board 0
Robert A. Michor Businessperson 4/26/1991 10/4/2010 10/4/2010
Director 225,441
Thal S. Poonian Businessperson 10/8/2002 10/20/2009 10/20/2009
Director 0
Larry Riggin Broker 6/1/2012


Placee 200,000
John Wilson Broker 10/12/2011


Placee 500,000
Share positions of current insiders based on last AGM circular, ownership % based on current Issued. Share positions of past insiders and shareholders have not been adjusted for rollbacks or splits.
Active Index Memberships
Membership Start Date:June 29, 2020Start Price:$0.22
KRO Favorites 2020: Features companies with Bottom-Fish, Fair or Good Spec value ratings that were designated Favorites in 2020, effective December 31, 2019.
Membership Start Date:December 31, 2021Start Price:$2.77
KRO Favorites 2022: Features companies designated 2022 KRO Favorites, based on closing price December 31, 2021.
Risk Analysis

Click here to view IPV Report

Key to Understanding the Spec Value Hunter Tables
Flagship Play Secondary Plays Other Plays
A Spec Value Hunter table allows speculators to identify which projects offer poor, fair or good speculative value according to the rational speculation model. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production.
Poor Speculative Value - Fair Speculative Value - Good Speculative Value -
Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits
Color Key for Target Outcome Achievability
Ranges in millions
ranked from most to least achievable
below $25 Should be Private: Artisanal, Placer, Mom & Pop Shop
$25-$50 Tiny Scale: underground mine or quarry - not worth the bother
$50-$100 Small Scale: junior needs to self-develop
$100-$250 Buyout Target: by Lower Tier Producers
$250-$500 Buyout Target: by Mid-Tier Producers
$500-$1,000 Ideal Target for Junior: Buckhorn, Sleeper
$1,000-$2,000 Almost World Class: Ekati, Red Chris, Brucejack, Juanicipio, Stibnite
$2,000-$5,000 World Class: Eskay Creek, Hemlo, Hermosa-Taylor, Oyu Tolgoi, LaRonde, McArthur
$5,000-$10,000 Giants: Escondida, Sullivan, Carlin Trend, Kidd Creek, Orapa, Kamoa-Kakula
above $10,000 Off the Scale District: Wits 1.0, Araxa, Sudbury Basin, Bayan Obo
The target outcome range required for the current implied project value to represent fair speculative value is based on the upper and lower certainty limits associated with the project stage. The color coding is based on the target outcome using the mid-point of the certainty range.
Active Company Projects
Project Location Net
Interest
Stage IPV $
MM
Fair Spec Value
Required Target
Outcome Range

$100
UPV
$500

$2000
Target Metals Deposit Style
Eskay Canada - British Columbia - Golden Triangle 100% WI 3-Discovery Delineation $227 $4,543 - $9,086 Gold Silver Copper Lead ZincVMS
North Mitchell Canada - British Columbia - Golden Triangle 80% WI 2-Target Drilling $284 $11,357 - $28,392 GoldEpithermal Vein
Company Projects

Eskay Project
Featured in Share Collective
EskayCanadaBCGolden Triangle33,000 ha
Net Interest: 100% WI
Vested: Yes
Uncapped NSR/GOR: 1.00%
Ownership Terms: Formerly called SIB-Lulu, combined with Corey project after ESK increased 80% interest to 100%. Option May 8, 2008 to earn 80% from St. Andrew's Goldfields (now Kirkland Gold) for $4 million exploration as well as 1,750,000 shares and $200,000 by May 7, 2012. Eskay vested on Jan 23, 2013. On Jan 26, 2017 Eskay optioned a net 60% to Silver Standard which can earn 51% by spending $11.7 million over 3 years, with $3.7 million in Y1, $4 million in each of Y2 and Y3. If the price of gold does not meet a minimum threshold in an option year the required spend is $2 million and the term is extended a year. Upon vesting for 51% Silver Standard can go to 60% by delivering a PEA or drilling 23,000 m. Kirkland Gold must fund its 20% share of expendeitures or dilute. If Kirkland dilutes to 10% its working interest converts to a 2% NSR. On Nov 9, 2018 SSR dropped the option after spending $7.7 million. Agreement Mar 25, 2021 whereby Kirkland Lake exchanged its 20% interest for a 2% NSR of which ESK can buy 1% for $3 million and has a right of first refusal on the remaining 1%.
Target Metals: Gold Silver Copper Lead ZincModel: VMSStage: 3-Discovery Delineation
Notes on Eskay Project
This property encompasses 33,000 Hectares immediately adjacent to the prolific Eskay Creek mine owned by Barrick Gold.
See Reliable Project Location Google Map in free Corporate Profile
Outcome Visualization Project as of Dec 2, 2022: Eskay Mining - Eskay as Eskay Creek II
Project:EskayLocation:CanadaStage:3-Discovery Delineation
Net Interest:100% WIUncapped NSR:1.0%Target Metals:Gold Silver Copper Lead Zinc
OV Project ID:1000014OVP Posted:4/6/2017OVP Retired:
Current OV ID:1000049Current OV Confirmed:8/5/2020Visualizer:JK
Click here for Full Visualized Outcome (KRO Members Only)
Visualized Outcome: Eskay Mining - Eskay as Eskay Creek II
The SIB-Lulu property starts about 4 km southwest of the former Eskay Creek mine-site and covers the strike extension of the Eskay Rift stratigraphy. The Lulu Zone was intersected in 1991 about 3 km from the claim boundary and yielded 14 m of 14.4 g/t gold and 1,059.5 g/t silver within a siliceous carbonaceous mudstone similar to that which hosts the Eskay Creek deposit (2.5 million tonnes @ 43 g/t gold, 2,208 g/t silver, 5%-6% zinc and 0.7%-0.8% copper). Followup drilling failed to establish any strike or downdip extent to the LuLu Zone. Further work led to the conclusion that the Lulu Zone is within the hanging wall of the Coulter Creek thrust fault which detached this tip from a possible iceberg within the footwall. This model drove SSR's $8 million drill program in 2017-2018 before it dropped the option in early 2019. The latest interpretation driven by John Dedecker, brought on board by Quinton Hennigh, is that the thrust fault is backwards, that in fact it is Bowser Lake rocks that have been thrust from the west over the tilted stratigraphy and that the Lulu zone is a feeder zone in the footwall of the contact mudstone that hosts Eskay Creek, whose projection under Bowser rocks is untested. The mudstone host of the Lulu mineralization has been a red herring because it is an older horizon that would be beneath the mudstone that evolved a VMS system similar to Eskay Creek. The rethink QH's team launched in 2020 now posits a previously unrecognized 25 km strike of prospective VMS stratigraphy reaching all the way to the Cumberland-Tet targets which are on the 100% owned Corey claims. A key focus in 2020 will be the Jeff-TV area which is on the 80:20 JV with Kirkland Lake. The Eskay Creek stratigraphy has been fault displaced eastward in this area. The purpose of this OV is to demonstrate what the discovery of another Eskay Creek deposit would be worth.
Source Note: The Eskay OV is based entirely on the Eskay Creek deposit discovered in 1989 and turned into an underground mine in 1995 which initially direct shipped ore to smelters in BC and Japan. The mine operated until Barrick shut it down in 2008. It produced 3.5 million oz gold and 180 million oz silver. The cost assumptions are based on historical data Barrick provided in 2004 when the mine was operating at about 700 tpd.
Visualized Outcome Summary: Eskay Mining - Eskay as Eskay Creek II
Deposit Scenario: 2,500,000 t @ 43.00 g/t Gold, 2,208.00 g/t Silver, 5.60% Zinc, 0.80% Copper
Mining Scenario: Underground 700 tpd 9.8 yrs, CapEx $100.0 million, SustCapEx $25.0 million, OpEx $577.00/t (USD)
LOM Payable: 3.2 million oz gold, 165.0 million oz silver, 249.0 million lb zinc, 38.9 million lb copper
Economic Outcome (USD): Revenue Model at OV designated Metal Prices

Annual AverageLife of Mine (LOM)LOM Stats
Recoverable Revenue:$1,045,271,873$10,227,709,125$4,091/t ore Recoverable Value:
   Smelter/Transport Costs:($26,320,338)($257,537,555)2.5% of Recoverable Revenue
Gross Payable Revenue:$1,018,951,535$9,970,171,57197.5% of Recoverable Revenue
   Royalties:($10,189,515)($99,701,716)1.0% of Gross Payable Revenue
Net Payable Revenue:$1,008,762,019$9,870,469,85596.5% of Recoverable Revenue
   Mining Cost:($35,770,000)($350,000,000)24% of OpEx - $140.00/t ore
   Processing Cost:($105,010,500)($1,027,500,000)70% of OpEx - $411.00/t ore
   Other Cost:($6,643,000)($65,000,000)4% of OpEx - $26.00/t ore
   Sustaining Cost:($2,500,000)($25,000,000)2% of OpEx - $10.00/t ore
Total Operating Cost:($149,923,500)($1,467,500,000)15% of Net Payable Revenue - OpEx - $587.00/t ore
Pre-Tax Cash Flow:$858,838,519$8,402,969,85585% of Net Payable Revenue - $3,361.19/t ore
   Taxes:($296,704,593)($2,906,039,449)35% of Pre-Tax Cash Flow - $1,162.42/t ore
After-Tax Cash Flow:$562,133,926$5,496,930,40656% of Net Payable Revenue - $2,198.77/t ore
Note: Concentrate transport costs, smelter treatment costs and retention are subtracted from recoverable revenue to get gross payable revenue to which the uncapped royalty rate for the project is applied. The annual average of LOM sustaining cost is expensed as an annual operating cost. Annual average figures reflect full production years.
Economic Outcome (USD): Royalty Model for 1% NSR at OV designated Metal Prices
Mine Life:10 yearsStartupNPV 5%NPV 10%NPV 15%
Annual Avg NSR:$10,087,620Now$72,915,061$55,588,046$43,557,104
LOM NSR:$98,704,6992021$76,560,814$61,146,851$50,090,669
Economic Outcome - Discount Rate: 9.5% - CAD AT NPV: $4.2 billion - Poor Speculative Value
Gross Rock Value (USD/t):$4,310Recoverable Rock Value:$4,091Payable Rock Value:$3,988
LOM Net Payable Revenue (USD):$9,870,469,855LOM PT Cash Flow (USD):$8,402,969,855LOM AT Cash Flow (USD):$5,496,930,406
USD Pre-Tax NPV:$4,764,982,545Pre-Tax IRR:858.8%Pre-Tax Payback:0.1
USD After-Tax NPV:$3,088,170,590After-Tax IRR:565.1%After-Tax Payback:0.2
CAD Fair Spec Value Low:$103,978,704CAD Fair Spec Value High:$207,957,408CAD Implied Project Value:$227,137,930
Price Target if Visualized Outcome delivered by Expl-Dev Cycle without dilution: CAD $20.33
Fair Speculative Value Stock Price Range: CAD $0.51 - $1.02
MSV (Market Cycle S Curve): Market Speculative Value represents the typical market pricing pattern of a new discovery as it moves through its exploration-development cycle. The irrational pricing behavior of the yellow channel contrasts with the fair speculative value of the blue channel as defined by the rational speculation model because during the pre-economic study stages there is great uncertainty about how big the discovery will turn out.
Fair Speculative Value Ladder
USD OV NPVCAD OV NPVExch RateDilutedNet Interest
$3,088,170,590$4,159,148,1501.3468204,628,766100.00%
Project StageUncertainty RangeCAD FSV RangeCAD FSV per Share RangeCAD MSV per Share Range
Grassroots 0.5% - 1.0% $20,795,741 - $41,591,482 $0.10 - $0.20 $0.20 - $0.51
Target Drilling 1.0% - 2.5% $41,591,482 - $103,978,704 $0.20 - $0.51 $0.51 - $1.02
Discovery Delineation 2.5% - 5.0% $103,978,704 - $207,957,408 $0.51 - $1.02 $1.02 - $15.24
Infill & Metallurgy 5% - 10% $207,957,408 - $415,914,815 $1.02 - $2.03 $10.16 - $20.33
PEA 10% - 25% $415,914,815 - $1,039,787,038 $2.03 - $5.08 $5.08 - $15.24
Prefeasibility 25% - 50% $1,039,787,038 - $2,079,574,075 $5.08 - $10.16 $5.08 - $10.16
Permitting & Feasibility 50% - 75% $2,079,574,075 - $3,119,361,113 $10.16 - $15.24 $5.08 - $10.16
Construction 75% - 100% $3,119,361,113 - $4,159,148,150 $15.24 - $20.33 $10.16 - $15.24
Production 100% $4,159,148,150 $20.33 $20.33 - $25.41
Market Speculative Value Stock Price Range: CAD $1.02 - $15.24
Warning: while the market spec value (S-Curve) and fair spec value channels presented in project value terms track the evolving expected ultimate outcome value, when presented in stock price terms the expected stock prices are subject to dilution through future equity financings or project interest farmouts.
Alternative Metal Price Scenarios

Metal 1Metal 2Metal 3Metal 4

GoldSilverZincCopper
Spot:$1,785 /oz$22.61 /oz$1.39 /lb$3.73 /lb
OV Assigned:$1,785 /oz$22.61 /oz$1.39 /lb$3.73 /lb
Pessimistic:$1,300 /oz$22.61 /oz$1.39 /lb$3.73 /lb
Optimistic:$2,300 /oz$22.61 /oz$1.39 /lb$3.73 /lb
Fantasy:$3,000 /oz$22.61 /oz$1.39 /lb$3.73 /lb
Note: for Metal 1 pessimistic, optimistic and fantasy price scenarios, OV assigned prices are used for Metals 2-4
Economic Outcomes with Alternative Metal Price Scenarios

USD PT NPVUSD PT IRRUSD AT NPVUSD AT IRRAT Payback yrs
Spot:$4,764,982,545858.8%$3,088,170,590565.1%0.2
OV Assigned:$4,764,982,545858.8%$3,088,170,590565.1%0.2
Pessimistic:$3,872,563,418701.0%$2,508,098,157462.5%0.2
Optimistic:$5,713,551,8191,026.6%$3,704,740,618674.2%0.1
Fantasy:$7,002,243,7001,254.5%$4,542,390,340822.4%0.1
Fair Speculative Value for Alternative Metal Price Scenarios
Stage: Discovery Delineation - 2.5% - 5.0%

CAD AT NPVCAD Target PriceCAD FSV RangeCAD FSV per Share RangeCAD MSV per Share Range
Spot:$4,159,148,150$20.33$103,978,704 - $207,957,408$0.51 - $1.02$1.02 - $15.24
OV Assigned:$4,159,148,150$20.33$103,978,704 - $207,957,408$0.51 - $1.02$1.02 - $15.24
Pessimistic:$3,377,906,598$16.51$84,447,665 - $168,895,330$0.41 - $0.83$0.83 - $12.38
Optimistic:$4,989,544,664$24.38$124,738,617 - $249,477,233$0.61 - $1.22$1.22 - $18.29
Fantasy:$6,117,691,310$29.90$152,942,283 - $305,884,566$0.75 - $1.49$1.49 - $22.42
Disclaimer: A visualized outcome is one of many possible outcomes for an exploration project as it moves through the 9 stages of the exploration-development cycle from grassroots to a producing mine with failure as an outcome at any point along the way. The range of possible outcomes for the physical nature of a deposit shrinks after delivery of an initial 43-101 resource estimate. While the nature of the deposit constrains the range of mining scenarios, the cost assumptions will vary as the project moves through the feasibility demonstration stages of the cycle, which affects the economic value of the final outcome. This economic value will also vary according to the prices of the metals targeted for extraction which may change during the years it takes for a project to become a mine. An outcome visualization is thus a compilation of best guess assumptions for the key variables that drive the discounted cash flow model, the basis for assigning an economic value to a mine. An OV is not intended as a prediction, but rather as a framework that allows the incorporation of new information generated by the exploration-development cycle for the project into a valuation model on an ongoing, dynamic basis.
.

North Mitchell Project
Featured in Share Collective
North MitchellCanadaBCGolden Triangle33,000 ha
Net Interest: 80% WI
Vested: Yes
Uncapped NSR/GOR: 0.00%
Ownership Terms: Option May 8, 2008 to earn 80% from St. Andrew's Goldfields (now Kirkland Gold) for $4 million exploration as well as 1,750,000 shares and $200,000 by May 7, 2012. Eskay vested on Jan 23, 2013. On Jan 26, 2017 Eskay optioned a 4,400 ha portion of the 80:20 JV to Silver Standard which can earn 51% by spending $11.7 million over 3 years, with $3.7 million in Y1, $4 million in each of Y2 and Y3. If the price of gold does not meet a minimum threshold in an option year the required spend is $2 million and the term is extended a year. Upon vesting for 51% Silver Standard can go to 60% by delivering a PEA or drilling 23,000 m. Kirkland Gold must fund its 20% share of expendeitures or dilute. If Kirkland dilutes to 10% its working interest converts to a 2% NSR. The remaining 28,600 ha are owned 80:20 by Eskay Mining and Kirkland Lake. To avoid confusion this group has been named SIB-Mitchell and the SSO farmout group is called SUB-Lulu.
Target Metals: GoldModel: Epithermal VeinStage: 2-Target Drilling
Notes on North Mitchell Project
This property encompasses 33,000 Hectares immediately adjacent to the prolific Eskay Creek mine owned by Barrick Gold.
See Reliable Project Location Google Map in free Corporate Profile
Company Related KRO Comments
Nov 3, 2022Kaiser Watch - 0:21:15
Sep 2, 2022Kaiser Watch - 0:25:33
Jul 28, 2022Kaiser Watch - 0:00:00
Jul 15, 2022Kaiser Watch - 0:20:00
Jul 7, 2022Kaiser Watch - 0:13:33
Jun 2, 2022Kaiser Watch - 0:14:43
Apr 14, 2022Kaiser Watch - 0:28:20
Mar 24, 2022Kaiser Watch - 0:22:38
Mar 17, 2022Kaiser Watch - 0:20:33
Mar 3, 2022Kaiser Watch - 0:08:48
Jan 27, 2022Kaiser Watch - 0:27:13
Oct 14, 2021Discovery Watch with HoweStreet.com - 0:16:42
Oct 7, 2021Discovery Watch with HoweStreet.com - 0:00:01
Aug 4, 2021Discovery Watch with HoweStreet.com - 0:12:51
Jul 7, 2021Discovery Watch with HoweStreet.com - 0:13:34
Jun 23, 2021Discovery Watch with HoweStreet.com - 0:09:22
Apr 14, 2021Discovery Watch with HoweStreet.com - 0:18:20
Mar 25, 2021Discovery Watch with HoweStreet.com - 0:11:35
Feb 3, 2021Discovery Watch with HoweStreet.com - 0:24:49
Dec 23, 2020Discovery Watch with HoweStreet.com - 0:16:29
Dec 10, 2020Discovery Watch with HoweStreet.com - 0:10:21
Oct 22, 2020Discovery Watch with HoweStreet.com - 0:00:01
Sep 22, 2020Discovery Watch with HoweStreet.com - 0:00:01
Sep 18, 2020Tracker: What's Next for Eskay Creek Mining Corp?
Jul 2, 2020Discovery Watch with HoweStreet.com - 0:13:54
Jun 29, 2020Tracker: Spec Value Rating for Eskay Mining Corp
Nov 13, 2019Discovery Watch with HoweStreet.com - 0:11:40
Nov 20, 2018Discovery Watch with HoweStreet.com - 0:09:15
Jul 30, 2018Discovery Watch with HoweStreet.com - 0:12:20
Jul 30, 2018Bottom-Fish Comment: SSR delivers an anomaly surprise at Eskay Mining Corp's SIB project
Jul 23, 2018Discovery Watch with HoweStreet.com - 0:20:28
May 17, 2018Discovery Watch with HoweStreet.com - 0:18:16
May 15, 2018Bottom-Fish Comment: Recommendation Strategy for Eskay Mining Corp
Aug 1, 2017Discovery Watch with HoweStreet.com - 0:13:45
Jul 10, 2017Discovery Watch with HoweStreet.com - 0:10:41
Apr 28, 2017Discovery Watch with HoweStreet.com - 0:08:02
Apr 12, 2017Bottom-Fish Comment: Recommendation Strategy for Eskay Mining Corp
Mar 31, 2017Discovery Watch with HoweStreet.com - 0:20:03
Dec 1, 1997Report Sept-Dec 1997: Kenrich Mining Corp - 1997 Annual Review
Oct 13, 1997Tracker 1997-40: Kenrich heads into post-season slump
Aug 18, 1997Tracker 1997-21: Kenrich - Sorting out the deal with Prime Resources Group
Dec 23, 1996Report Nov-Dec 1996: Kenrich Mining Corp - 1997 Bottom-Fish 100

Company News Releases - Members Only
Oct 7, 2022Reaches Drilling Goal as the 2022 Exploration Campaign Nears Completion
Sep 1, 2022Maiden Scarlet Valley Drilling Commences
Aug 9, 2022Discovers a New VMS Center at Jeff North and Intercepts Polymetallic VMS Mineralization in Two Areas Along TV Jeff Corridor
Jul 27, 2022CORRECTION: Discovers More VMS Targets and Commences Drilling at Scarlet Ridge
Jul 7, 2022Discovers Multiple New VMS Systems across its Consolidated Eskay VMS Project, Golden Triangle British Columbia
Jul 4, 2022Grant of Stock Options
May 31, 2022Commences 30,000 Meter Drill Program at Consolidated Eskay VMS Project, Golden Triangle British Columbia
May 16, 2022Private Placement Non Brokered
Apr 25, 2022Closes Final Tranche of Non Brokered Flow Through Private Placement
Apr 7, 2022Closes First Tranche of Non Brokered Flow Through Private Placement
Mar 24, 2022Non Brokered Flow Through Private Placement of up to $7 Million
Mar 21, 2022Identifies Numerous New Precious Metal Rich VMS Targets in Preparation for its 2022 Drill Campaign
Mar 15, 2022TV, Jeff and C 10 Deliver High grade Intercepts for Eskay Mining
Jan 19, 2022Receives Long High Grade Assay Results from TV
Dec 8, 2021TV and Jeff Return Further Precious Metal Rich VMS Drill Intercepts for Eskay Mining
Dec 2, 2021Property Asset or Share Purchase Agreement
Dec 2, 2021Shares for Bonuses
Nov 12, 2021Enters into Amended Cost Sharing Agreement with Seabridge Gold to Finance Coulter Creek Access Road
Nov 8, 2021Encounters Broad Intercepts of Precious Metal Rich Stockwork Feeder Mineralization at TV Including 47.8m Grading 5.2 GPT Au Eq within 140.3m Grading 2.6 GPT Au Eq and 44.4m Grading 4.7 GPT Au Eq within
Oct 13, 2021Concludes Drill Program at Its Consolidated Eskay Precious Metal Rich VMS Project: Discovers Massive Sulfide Atop the TV Deposit
Sep 16, 2021Discovers Two New Large VMS Systems at Its Consolidated Eskay Project
Sep 3, 2021To Trade on OTCQX
Aug 23, 2021Provides Update on Drilling; Discusses Property Wide SkyTEM Data
Jul 20, 2021Completion of NI 43 101 Technical Report On Its 100% Owned Consolidated Precious Metal Rich VMS Project in the Golden Triangle, British Columbia
Jul 13, 2021Encounters Extensive Stockwork Feeder Mineralization at the Jeff Target; Extensive New Targets Identified by New SkyTEM Data; Webinar Details
Jul 5, 2021Seabridge Gold and Eskay Mining Enter into Cost Sharing Agreement and Financing on Coulter Creek Access Road
Jun 28, 2021Commences its 2021 Drill Campaign on Its 100% Owned Consolidated Eskay Precious Metal Rich VMS Project
Apr 22, 2021Commences its 2021 Exploration Program with a Property Wide SkyTEM Survey Across Its 100% Owned Consolidated Eskay Precious Metal Rich VMS Project
Apr 13, 2021Defines Multiple Mineralized Horizons Across Its 100% Owned Consolidated Eskay Precious Metal Rich VMS Project
Mar 26, 2021Clarifies that It Has Acquired a 100% Interest in all of Its Former JV Property
Mar 25, 2021Acquires 100% Interest in SIB Property
Mar 8, 2021Closes Acquisition of 19.5% of Garibaldi Resources Corp
Feb 25, 2021Numerous New Precious Metal Rich VMS Targets Emerge Across Eskay Mining's District Land Holdings
Feb 9, 2021Property Asset or Share Purchase Agreement
Feb 5, 2021Grant of Stock Options
Feb 5, 2021Eskay Agrees to Acquire 19.5% of Garibaldi Resources Corp From The Sprott Foundation
Feb 2, 2021Drills 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 at the Jeff Precious Metal Rich VMS Target
Jan 6, 2021Private Placement Brokered
Jan 6, 2021Appointment of Two New Executives to Management Team
Dec 22, 2020Drill Results Including 5.1 Meters Grading 31.23 gpt Au and 138.1 gpt Ag and 4.1 Meters Grading 11.09 gpt Au and 44.2 gpt Ag Confirm Discovery of Two Precious Metal Rich VMS
Dec 14, 2020Closes $13.8 Million Brokered Private Placement
Nov 26, 2020Upsize of Private Placement to $11.5 Million
Nov 20, 2020$10 Million Private Placement
Oct 16, 2020Completes Productive TV Jeff Diamond Drill Campaign in which Most Drill Holes Encountered VMS Mineralization
Sep 22, 2020Encounters Massive Sulfide with Assays up to 5.5 gpt Au and 507 gpt Ag in First Drill Hole at the TV Target; Adds Second Drill
Sep 15, 2020Private Placement Non Brokered
Aug 24, 2020Acceleration of 2018 Warrant Expiry Date to September 23, 2020
Aug 21, 2020Closing of $3.4 Million Non Brokered Private Placement and Commencement of Drilling
Aug 14, 2020Shares for Debt
Aug 14, 2020Results of Annual Meeting
Jul 28, 2020Non Brokered Private Placement and Secures Drill for 2020 Drill Program
Jul 14, 2020Update of Its 2020 Exploration Program
Jul 10, 2020Two Nominees for Directors at Its Upcoming Annual Meeting
Jul 9, 2020Approved for Trading on the OTCQB Venture Market
Jul 6, 2020Private Placement Non Brokered
Jun 24, 2020Grant of Stock Options
Jun 23, 2020Debt Settlement
Jun 22, 2020Closing of Non Brokered Private Placement and Commencement of 2020 Exploration Program
Jun 4, 2020First Closing of Non Brokered Private Placement, Further Increase to Flow through Offering and Exploration Plans
May 25, 2020Increase to Flow through Non Brokered Private Placement
May 22, 2020Non Brokered Private Placement
May 15, 2020Extension of Warrants
Apr 15, 2020Updates Website and Provides Update on Exploration
Mar 5, 2020Eskay Mining Corp., Great Land Position in the Golden Triangle, CEO Clip Video
Jan 8, 2020Retains Focus Communications to Provide Investor Relations Services
Dec 9, 2019Grant of Options
Dec 6, 2019Closing of Non Brokered Private Placement
Dec 5, 2019Closing of Non Brokered Private Placement
Oct 16, 2019Expands Exploration Team and Begins Planning Next Season's Search for Au Ag Rich VMS Mineralization
Sep 11, 2019Adds Geological Advisory Team Member and Grants Options
Sep 5, 2019Debt Settlement And Grant Of Stock Options
Sep 4, 2019Retains Red Cloud Klondike Strike Inc as Capital Markets Advisor
Dec 7, 20182018 Exploration on the SIB Property, Northwest B.C. Drilling Intercepts Broad Zones of Gold Mineralization Potential Remains High
Nov 9, 2018SSR Mining's Plan to Terminate SIB Property Exploration Agreement
Oct 19, 2018Completion of 2018 Drill Program at SIB
Sep 18, 2018Identifies VTEM Conductors and Coincident Cu Ni Geochemical Anomalies Near Claim Boundaries with Garibaldi and Metallis
Jul 27, 2018Identifies Conductivity Anomaly by High Resolution Airborne Electromagnetic Geophysical Survey (HeliSAM) on the SIB Property
Jul 11, 2018Drilling Begins For Eskay Style Precious Metals Targets At Eskay Mining Corp.s SIB Property
Jun 22, 2018Private Placement Non Brokered
Jun 13, 2018Commences VTEM Airborne Survey and Closes Non Brokered Private Placement
Jun 4, 2018First Closing of Non Brokered Private Placement
May 11, 2018Non Brokered Private Placement And 2018 Exploration Plans: Targeting Nickel And Gold Along Border With Garibaldi Resources
Apr 16, 2018update on Big Red Au Cu Mo Ag System, Southwestern Extension of the Sulphurets Camp Porphyry Au Cu Trend
Mar 5, 2018Provides Update on Ongoing Geological Review Targeting E&L Type Nickel Copper PGE and Eskay Type VMS Potential on Its Golden Triangle Holdings
Jan 30, 2018Grant Of Options
Jan 22, 2018SSR Mining Inc. will Proceed with Second Year of SIB Option Agreement; Planning Underway for 2018 Exploration Drilling Program
Jan 19, 20182018 Plans: Ni Cu Co Potential Along Red Lightning Trend Toward Garibaldis E And L Occurrence; Potential For Brucejack Style Precious Metals Mineralization On North Mitchell Block
Nov 3, 2017Launches New Website and Reviews Data on Red Lightning Nickel Prospect
Oct 19, 2017Eskay Announces Completion of 2017 SIB Property Drill Program and Preliminary Results and Interpretations
Aug 2, 2017Update on Drilling at Eskays SIB Property
Jul 7, 2017Drilling Commences at Eskays SIB Property
Apr 26, 2017Update: Eskay Signs Agreement With Silver Standard To Option Up To A 60% Interest In Part Of Sib Property
Apr 26, 2017Halt
Apr 26, 2017Eskay Signs Agreement With Silver Standard To Option Up To A 60% Interest In Part Of SIB Property
Mar 13, 2017Acceleration Of Warrant Expiry Date
Feb 13, 2017Proceeds With Loi With Silver Standard To Option Up To A 60% Interest In Part Of Sib Property
Jan 26, 2017Signs Loi To Option Up To A 60% Interest In Part Of Sib Property
Nov 17, 2016Completes Debt Settlement
Nov 17, 2016Shares for Debt
Nov 17, 2016Grant Of Options
Oct 20, 2016Establishes Debt Settlement Price
Oct 17, 2016On 2016 Fieldwork In The "golden Triangle" (eskay Creek sulphurets Area, Northwestern B.c.)
Oct 17, 2016Halted Security
Sep 21, 2016Debt Settlement
Aug 8, 2016To Commence Exploration In Golden Triangle With Proceeds From Non brokered Private Placement
May 18, 2016Private Placement Non Brokered
May 9, 2016Acquires Title To Sib Property
May 5, 2016Closing Of Non brokered Private Placement
Apr 22, 2016Non brokered Private Placement
Mar 7, 2016Hugh Mac Balkam Discloses Holdings In Eskay Mining Corp.
Mar 4, 2016Closing Of Debt Settlement
Mar 3, 2016Shares for Debt
Feb 17, 2016Debt Settlement
Feb 5, 2016Grant Of Options
Dec 23, 2015The Appointment Of Corporate Secretary And Grant Of Options
Dec 15, 2015Grant Of Options
Feb 3, 2015Grant Of Options
Nov 19, 2014Grant Of Options And Additions To Advisory Team
Apr 8, 2014Shareholders Exercised Existing Share Purchase Warrants
Feb 12, 2014Grant Of Options


 

You can return to the Top of this page


Copyright © 2022 Kaiser Research Online, All Rights Reserved