Eskay Mining new assay results from Eskay Project confirm new VMS discovery
Eskay Mining technical advisor Dr Quinton Hennigh joined Steve Darling from Proactive to share news regarding the results from the company’s 2023 diamond drill and exploration campaign at the Eskay Gold Project in the Golden Triangle of British Columbia. Hennigh explained that during the campaign, Eskay Mining drilled nine short diamond core holes at the Cumberland Showing. Several of these holes encountered highly promising precious and base metal-rich stockwork and massive mineralization. Cumberland is located approximately 6 kilometres due south of the TV deposit and shares a similar geological setting along the east side of the Eskay anticline.
Any mention of what the company’s net cash position is? Its auditors ( last February estimated net cash to be around 250,000; that was before selling the mining claims). What has been the burn rate in the last 6 months, and when will the company have to raise cash again?