Eskay Mining's 2023 Exploration Program Focuses on Discovering "Eskay Creek V2.0" at its Consolidated Eskay Project, Golden Triangle, BC - Seite 2

The 2023 exploration plan also includes further geological work and potential drilling at previously identified areas including the newly discovered VMS system at Scarlet Knob and Tarn Lake (Figures 1 and 2). The 2020-2022 program discovered the TV VMS system and follow up along trend of this system is planned along-strike to the south where additional geophysical and geochemical vectors support further potential for additional mineralization.

"Our team's systematic geological work, combined with Simcoe's geophysical models of Eskay Creek and the VMS showings on our Property will help us to vector towards our goal of finding precious metal-rich VMS deposits", commented Dr. John DeDecker, VP of Exploration for Eskay. "The Tarn Lake-Scarlet Knob VMS system is hosted by the Eskay rhyolite, the same host rock for the world class Eskay Creek Mine, and is associated with extremely intense hydrothermal alteration. Given the widespread occurrence of Au- and Ag-bearing rock chip samples at Tarn Lake and Scarlet Knob, as well as the extensive zone of replacement-style Au and Ag mineralization drilled at Tarn Lake in 2022, we are quite excited to return to these targets in 2023. Preparations were made in 2022 to begin exploring Hexagon-Mercury in 2023, and we are looking forward to testing the geophysical targets at Hexagon-Mercury identified by Simcoe. Likewise, the geophysical anomaly observed in the Maroon Cliffs target area may explain the encouraging BLEG and soil sample results from proximal domains, which Eskay's geological team will investigate to maximize targeting success. Lastly, continued work will be conducted throughout our extensive land package where geological, geochemical, and geophysical anomalies indicate great potential for drilling success.

Dr. Quinton Hennigh, P. Geo., a Director of the Company and its technical adviser, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical contents of this news release.

About Eskay Mining Corp:

Eskay Mining Corp (TSXV:ESK) is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. 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," 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (52,600 hectares).