Junior Miner Soars On Assay Results

Junior Miner Soars On Assay Results

By: Dylan Sikes – AllPennyStocks.com News

Wednesday, January 19, 2022

A Toronto-based junior miner turned some heads today after the company announced its third tranche of assay results from its Summer, 2021 diamond drill campaign at its 100% controlled project in British Columbia. Shares of Eskay Mining Corp (TSX-Venture:ESK) rallied strongly on the news. A few technical bits of information from the release are that the project yielded:

- 10.34 gpt Au eq over 11.93m within 4.01 gpt Au eq over 117.32m within 2.35 gpt Au eq over 238.87m

- 14.44 gpt Au eq over 9.36m within 10.62 gpt Au eq over 14.58m within 2.96 gpt Au eq over 81.60m

Eskay 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, approximately 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (130,000 acres).

Traders were bullish on the news as shares trading on the TSX Venture exchange climbed up to $3.12/share (+22.35%) at the session high. This move is a strong continuation of the success this stock has had over the last month.

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