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A Golden Opportunity in the Heart of British Columbias Golden - - PowerPoint PPT Presentation

TSX.V: ESK USA.OTC: ESKYF Frankfurt: KN7 A Golden Opportunity in the Heart of British Columbias Golden Triangle An integration and preliminary review of Eskay Mining Corps extensive and diverse dataset, with a focus on driving


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SLIDE 1

An integration and preliminary review of Eskay Mining Corp’s extensive and diverse dataset, with a focus on driving future exploration.

Eskay Mining Corp Properties: SIB Option Corey Claims North Mitchell Block

Gossanous bluffs overlooking the SIB property

TSX.V: ESK – USA.OTC: ESKYF – Frankfurt: KN7

A Golden Opportunity in the Heart of British Columbia’s Golden Triangle

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SLIDE 2

The data contained herein is provided for information purposes only. Certain information has been compiled from sources believed to be reliable. No information in this presentation is to be construed as an offer to buy or sell securities. Some statements contained in this presentation are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward- looking statements include among other things, comments regarding mining and milling operations, mineral resource statements and exploration program performance. They may also include statements with respect to Eskay Mining's mineral discoveries, plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect," "anticipate," "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information. Factors that could cause actual results to differ materially include, but are not limited to, metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production, the ability to raise sufficient capital to fund exploration, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise. The reader agrees to hold the Company and its subsidiaries, and their respective officers, employees and agents harmless against any claims for damages or cost or any loss of any kind arising out of the access to or use of this presentation or any information contained in or obtained through this presentation. Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources: These tables use the terms "Measured", "Indicated" and "Inferred" Resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence, and as to their economic and legal

  • feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred

Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable. Charles Greig, M.Sc., P.Geo. is a qualified person as defined by NI43-101 and has reviewed the contents of this presentation.

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SLIDE 3

Price (CAD)

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SLIDE 4

Hugh M. (Mac) Balkam, President/Ceo, Director

  • Mr. Balkam was with the Royal Canadian Mounted Police for 13 years, many of those involved in the investigation of stock market related fraud. In

1981, he resigned to become a financial consultant with a major brokerage firm, where he managed investments for retail clients. Since 2004, Mr. Balkam has been involved in raising venture capital and consulting for junior mining companies. Mr Balkam joined the Board of Directors and became CEO of Eskay Mining Corp during the fourth quarter of 2009. He holds a BA from the University of Toronto.

Carmelo Marrelli, Chief Financial Officer

  • Mr. Marrelli serves as the Corporation’s Chief Financial Officer. Mr. Marrelli holds a Bachelor of Commerce degree from the University of Toronto and is

qualified as a Chartered Accountant and as a Certified General Accountant in Canada. In addition to acting as the Corporation’s Chief Financial Officer,

  • Mr. Marrelli has been a principal of Marrelli Support Services Inc., a firm providing administration services to Canadian public companies, since

February, 2009 and, prior to February, 2009, a partner with Marrelli & Drake Corporate Services (formerly Duguay & Ringler Corporate Services) (a firm providing administration services to Canadian public companies). Mr. Marrelli also serves as the Chief Financial Officer of several publicly-listed junior mining companies and as a director of Odyssey Resources Limited (TSX-V: ODX).

Bill Johstone, Corporate Secretary

  • Mr. Johnstone has been a partner at Gardiner Roberts LLP since February, 2005, practising in the areas of securities and corporate law. He is the

practice leader of the firm’s securities law group. Mr. Johnstone has been practising law for over 30 years. He is also a director and/or officer of four

  • ther TSX Venture Exchange-listed companies and three Canadian Securities Exchange-listed companies.

Simon Learmouth, Corporate Communications and Development

  • Mr. Learmouth has over 35 years experience in the Canadian equity markets and brings a wealth of experience and contacts to Eskay Mining. In the

last 25 years, Mr. Learmouth has focused on Corporate Communications/Investor Relations and the management of multiple publicly traded companies in the mineral exploration and high tech fields. Mr. Learmouth has been involved with mineral exploration projects in Africa, Australia, and North and South America.

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SLIDE 5

Charles Greig, M.Sc., P.Geo.

Charlie Greig is a geologist with over thirty years of experience in the exploration industry. His main area of expertise is in geologic mapping, particularly as it applies to mineral exploration, and he has worked on exploration projects from grass-roots to development. Charlie has mapped, or worked on, a number of projects which have subsequently been put into production, including La India in Mexico (Grayd–Agnico Eagle), Wolverine in Yukon (Atna-Westmin, Yukon Zinc), Alamo Dorado in Mexico (Corner Bay-Pan American Silver), and Bisha in Eritrea (Nevsun). He has also worked on a number of advanced exploration projects which are not yet mines, but which have either reached an advanced stage of exploration, are in development, or have had a significant history of mining. These include: Brucejack Lake (Pretivm), Asmara (Emba Derho, Adi Nefas, and Debarwa, for Sunridge Gold), Red Mountain (Lac Minerals, Seabridge), Casino (Western Copper and Gold), and Silbak Premier-Big Missouri (Westmin, Ascot Resources).

Tom Weis, Chief Geophysicist

Tom Weis has 37 years of geophysical experience in the exploration, engineering and environmental industries worldwide. He is experienced in airborne, ground and borehole geophysical techniques. Tom was formerly the Chief Geophysicist for Newmont Mining (worldwide) and Normandy Mining (Australia and worldwide)

Andrew Mitchell, B.Sc., P.Geo.

Andrew Mitchell is a geologist and has been actively engaged in mineral exploration for nearly 10 years. He has been involved in exploration projects from grass roots through to development. Andrew cut his teeth with Archer, Cathro and Associates Ltd., where he spent most of his field seasons mapping and running drill programs based out of the Yukon and Northwest BC. He is currently the Project Manager at SSR Mining’s SIB property, where 9,334 m of diamond drilling was completed in 2017 (optioned from Eskay Mining Corp). He has been involved in numerous advanced stage projects that are on their way to development; including ATAC Resources Tiger Deposit and Carlin-type prospects, and Rockhaven Resources Ltd. Klaza Deposit. He has been the project geologist for a number of several early stage drill programs for Strategic Metals Ltd.

Neil Prowse, M.Sc.

Neil Prowse is a geologist who has been involved in the exploration business for almost 10 years. He has been involved in all aspects of exploration from grass roots through to project management on drill programs. Neil received his Master’s Degree in geology from Carleton University in 2017. He is a key member of the exploration team involved in the 2017 SIB drill program. He was heavily involved in pre-season planning, core logging and post-season interpretation and is the GIS specialist for the program. He has been working with C.J. Greig & Associates in various capacities since 2009, where he was involved in a number of grass roots and drill exploration programs.

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SLIDE 6

World Class Mineral Discoveries in B.C.’s Prolific Golden Triangle

Eskay Creek

  • 3.0 Million oz Au (48.4 g/t), 160 Million oz Ag (2,221 g/t)

Brucejack

  • 9.1 Million oz Au (17.2 g/t), 7.9 Million oz Ag (15.0 g/t)

KSM

  • 38.8 Million oz Au (0.55 g/t), 10.16 Billion lbs Cu (0.21%)

Snip

  • Produced approximately 1 Million oz Au (27.5 g/t)

Galore Creek

  • 8 Million oz Au (0.30 g/t), 9 Billion lbs Cu (0.50%), 136 Million oz Ag (5.2 g/t)

E&L

  • First high-grade nickel deposit in Golden Triangle (discovered in 2017)
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SLIDE 7

Eskay controls over 52,000 ha of ground in the Heart of British Columbia’s Golden Triangle:

  • Politically stable
  • New infrastructure (Northern Transmission Line and Brucejack

Mine)

  • Golden Triangle encompasses over 120 million oz Au in Measured,

Indicated and Inferred World Class Deposits Next Door:

  • Barrick’s (ABX-TSX) Eskay Creek Deposit
  • Seabridge’s (SEA-TSX) KSM Au-Cu Deposit
  • Pritium’s (PVG-TSX) Brucejack (VOK) and Snowfield Deposit
  • Garibald Resources (GGI-TSXV) E&L Prospect

Covers a Number of Early Stage Prospects:

  • Several precious metal-rich VMS prospects
  • Copper-gold porphyry potential
  • High grade gold targets
  • Ni-Cu magmatic system (Red Lightning)
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SLIDE 8

SIB Property

  • Eskay Creek Type VMS

prospect

  • 2017 and 2018 drill testing

Corey Property

  • VMS, Epithermal, and

Porphyry targets

  • Subject of ongoing data

review North Mitchell Block

  • Excellent potential for

Brucejack-type Au system Eskay Mining Corps. Land package is divided into three distinct

  • wnership agreements:
  • Eskay Mining Corp. (80%) and

Kirkland Lake Gold Ltd. (20%) Joint Venture

  • SSR Mining Inc. (60%) option of

SIB property on joint venture ground

  • 100% Eskay Mining Corp

This overview focuses on prospects within the SSR Mining optioned SIB Property, Eskay Mining and joint venture controlled “Corey Property” and the joint venture controlled North Mitchell Block.

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SLIDE 9

SSR Mining has elected to proceed with the second year of their

  • ption agreement with Eskay Mining. SSR Mining has the option to

earn a 51% undivided interest in the property by spending an aggregate of $11.7 million in exploration expenditures over three years with an option to earn a further 9% undivided interest by either delivering a preliminary economic assessment or completing an aggregate of 23,000 meters of diamond drilling (See April 26th, 2017 news release).

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SLIDE 10

CCTF

Hanging Wall Footwall

The 2017 Drill program on the SIB Property was designed to test the footwall of the Coulter Creek Thrust Fault (CCTF) for prospective Eskay Creek stratigraphy and precious metals enriched VMS

  • mineralization. Footwall

drillholes collared into Bowser Lake Group Sediments, continued through Salmon River (Eskay Creek host rocks) volcanic-sedimentary rocks and terminated in Betty Creek Formation volcanic rocks. This defines the lithostratigraphic package of Eskay-Rift related

  • rocks. Two additional holes

were drilled in the hanging wall to test for a possible extension

  • f “LULU Zone” Au-rich VMS
  • ccurrence.
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SLIDE 11

Exploration Highlights:

 Confirmed favourable Eskay Creek stratigraphy beneath the CCTF;  Identified zones of polymetallic veining;  Outlined elevated pathfinder elements within graphitic argillite horizons that are potentially analogous to those distal to the 21 Zone at Eskay Creek Mine;  Revealed property scale alteration, including broad zones of silicification, potassic alteration, and patchy chlorite and sericite alteration, potentially analogous to alteration associated with Eskay Creek ore deposits; and  Delineated an extensive region to the west and south of the 2017 drill area with strong potential for discovery of Eskay-style mineralization. Hole From (m) To (m) Length (m) Au (g/t) Ag (g/t) Zn (%) Pb (%) As (ppm) Sb (ppm) Hg (ppm) EK17-142 891.30 894.30 3.00 0.47 0.5

  • 61

13

  • EK17-145

622.00 623.00 1.00 0.03 1.0

  • 1980

241 3.58 EK17-146 221.00 223.00 2.00 0.30 1.5 0.02

  • 352

57

  • EK17-147

337.63 339.19 1.56 0.02 0.3 0.04 0.01 972 89

  • EK17-148

132.30 135.30 3.00 0.02 5.2 0.04

  • 3040

61

  • EK17-149

321.30 324.30 3.00 0.01 2.8 0.08

  • 581

171 1.2 EK17-149 390.38 396.38 6.00 0.01 3.7 0.20 0.04 202 5 N/A Incl. 395.38 396.38 1.00 0.03 11.6 0.44 0.11 667 7 N/A

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SLIDE 12
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SLIDE 13
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SLIDE 14
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SLIDE 15

SSR Mining has elected to proceed with the second year of their option agreement with Eskay Mining Corp. Target generation for the 2018 summer drill program at the SIB property is currently underway. It will systematically test the extensive and favourable Eskay stratigraphy to the west and south of the 2017 drill area for precious metals enriched VMS mineralization.

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SLIDE 16

The remainder of the large land package encompassing the SIB option is referred to as the as the Corey property. The property has only seen “first pass” exploration and has identified: 1) several precious metal-rich VMS prospects; 2) gold-copper porphyry potential; 3) high-grade gold targets; and 4) a nickel-copper magmatic system. The most developed targets on the Corey Property are described in detail, and a list of assay highlights from a number of early stage showings is provided below.

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SLIDE 17

Jeff Showing – VMS/Epithermal Au

Drill tested soil anomaly in 1991 and intersected 4.0 m interval grading 47.14g/t Au and 348.4 g/t Ag.

TV Showing – VMS

1995 drilling intersected numerous wide intercepts of anomalous Au, in both mudstone and underlying volcanic units, including 1.79 g/t Au and 32.1 g/t Ag over 34.46 m.

C10 Showing – VMS/Epithermal Au

Discovered in 1988 with minor follow up work in 2008, drilling intersected 99.4 g/t Au and 28.1 g/t Ag over 1.5 m, beneath a broad Au soil and rock anomaly.

GFJ Showing:

Broad gold-in-silt anomaly with discontinuous high grade rock samples that follows along a trend towards C10. Has not been drill tested and highly prospective.

Red Lightning Showing – Magmatic Ni-Cu:

First discovery of Ni-Cu Sulfide mineralization on Corey Property. Drilling in 2008 intersected 10 m of massive sulphides grading 0.79% copper, 0.42% nickel, 0.08% cobalt, 0.01 g/t platinum, 0.1 g/t palladium and 0.8 g/t gold, including a 10 m wide massive sulphide horizon yielding 1.03% copper, 0.55% nickel, 0.1% cobalt, 0.16 g/t platinum, 0.15 g/t palladium and 1.1 g/t gold.

Big Red Showing – Porphyry

Broad area of gossanous outcrop, likely associated with a large Au-Cu porphyry system, along trend of the KSM porphyry deposits. Rock samples yielded up to 4.1 g/t Au and 0.05% Cu. Very little work done in this area and never been drill tested.

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SLIDE 18

Big Red Big Red Red Lightning Spearhead (behind ridge) HSOV C10

  • Mt. Madge

South Unuk Area Seabridge and Pretium

N

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SLIDE 19

Jeff Zone

The Jeff zone covers a 1.5 km long north trending gold, silver, arsenic, antimony and mercury soil anomaly overlying Eskay Rift associated stratigraphy. Historical drilling at the Jeff Zone encountered pathfinder geochemistry, alteration and mineralization within both footwall volcanic rocks and stratiform mudstone horizons, similar to that of the Eskay Creek Deposit. Footwall mineralization consists of anastomosing veins, masses and disseminations of sulphide: pyrite, pyrrhotite, with lesser zinc, galena and chalcopyrite. Late quartz-carbonate veins containing cinnabar and stibnite are found locally. Stratiform mineralization comprises red- brown sphalerite, galena, and specs of electrum and/or native silver in quartz-carbonate stringers. The best drill results from vein-style mineralization, likely associated with a feeder structure of a VMS system, averaged 47.14 g /t gold and 348.4 g /t silver over 4.00 m. VMS-style (stratiform) mineralization was cut in two holes, which returned grades of up to 14.87 g/t gold and 53.3 g.t silver

  • ver 0.98 m and 1.05 g/t gold, 29.1 g/t silver over 5.53 m,

including 2.44 g/t gold, 54.0 g/t silver over 1.28 m. Stratiform mineralization is virtually untested and is open at depth and along strike. Hole ID From (m) To (m) Length (m) Au (g/t) Ag (g/t) Cu (%) Zn (%) Mineralization Style J91-2 4.1 7.30 3.20 6.37 26.2 <0.01 0.06 Discordant Footwall J91-2 25.3 25.95 0.65 15.60 140.9 0.01 0.94 Discordant Footwall J91-3 14.65 15.65 1.00 4.22 16.6 <0.01 0.04 Discordant Footwall J91-3 44.80 45.72 0.92 3.73 11.2 <0.01 0.03 Discordant Footwall J91-4 29.05 34.00 4.95 6.17 154.3 <0.01 0.13 Discordant Footwall J91-4 35.60 36.75 1.15 1.06 63 <0.01 0.01 Discordant Footwall J91-7 63.10 67.10 4.00 47.14 348.4 0.02 0.16 Discordant Footwall J91-7 81.80 83.80 2.00 5.49 209.5 <0.01 0.11 Discordant Footwall J91-10 63.80 64.78 0.98 14.87 53.3 <0.01 0.2 Stratiform J91-25 68.65 74.18 5.53 1.05 29.1 0.01 0.08 Stratiform Incl. 72.90 74.18 1.28 2.44 54.0 0.04 0.18 Stratiform

Drilling Highlights

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SLIDE 20

J91-7:

Vein Hosted

4.0 m @ 47.14 g/t Au 348.4 g/t Ag J91-10:

Mudstone hosted

1.05 m @ 14.87 g/t Au 53.3 g/t Ag

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SLIDE 21

J91-7:

Vein Hosted

4.0 m @ 47.14 g/t Au 348.4 g/t Ag J91-10:

Mudstone hosted

1.05 m @ 14.87 g/t Au 53.3 g/t Ag

Top-down 3D perspective view

  • f Jeff Zone drillholes. Blue

polygons represent inferred zones of continuous mineralization.

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SLIDE 22

TV Zone

The zone covers a 1.2 km long north trending gold-in-soil anomaly above favourable Eskay Creek stratigraphy. Historical drilling cut Eskay-style footwall and stratiform mineralization. The discordant zone is strongly silicified, pyritiferous, and up to 60 m wide. The best assays from the discordant zone were 1.79 g/t gold and 32.1 g/t silver over 34.46 m, while stratiform mineralization yielded broad intervals of up to 1.28 g/t gold and 28.1 g/t silver over 19.54 m, with high grade intervals of up to 28.90 g/t gold and 70.6 g/t silver over 1.00 m. The stratiform mineralization is open along strike and at depth. Hole ID From (m) To (m) Length (m) Au (g/t) Ag (g/t) Mineralization Style 95_03 5.50 21.52 16.02 1.84 46.9 Discordant Incl. 17.44 21.52 4.08 3.38 68.2 Discordant 95_04 0.51 4.00 3.49 1.57 21.9 Discordant 95_04 12.67 27.38 14.71 2.65 44.4 Discordant Incl. 19.38 25.38 6.00 4.54 62.3 Discordant 95_14 54.26 56.26 2.00 2.07 36.4 Discordant 95_14 85.83 89.83 4.00 1.74 15.3 Discordant Incl. 85.83 86.83 1.00 5.38 51.8 Discordant 95_15 40.11 74.57 34.46 1.79 32.1 Stratiform/Discordant Incl. 40.11 45.73 5.62 1.86 25.7 Stratiform Incl. 61.00 62.00 1.00 28.90 70.6 Stratiform 95_15 94.29 98.29 4.00 1.29 107.2 Stratiform 95_16 52.12 71.66 19.54 1.28 28.1 Stratiform Incl. 52.12 56.12 4.00 2.41 30.4 Stratiform 95_16 84.28 90.28 6.00 1.14 5.4 Stratiform 95_18 116.23 127.33 11.10 1.92 77.5 Stratiform Incl. 123.33 127.33 4.00 3.53 49.2 Stratiform Hole ID From (m) To (m) Length (m) Au (g/t) Ag (g/t) Mineralization Style 95_19 152.40 163.50 11.10 1.02 59.3 Stratiform 95_20 125.47 126.97 1.50 7.27 93.6 Discordant 95_21 17.00 21.40 4.40 2.68 13.8 Stratiform/Discordant 95_21 29.60 39.80 10.20 1.46 69.9 Stratiform 95_22 38.11 49.46 11.35 1.19 29.7 Stratifrom/Discordant Incl. 38.11 42.33 4.22 1.80 10.5 Discordant 96-23 7.80 25.90 18.10 1.06 23.9 Discordant Incl. 22.90 25.90 3.00 2.81 23.1 Discordant 96-24 4.88 27.18 22.30 1.65 75.0 Discordant Incl. 16.88 27.18 10.30 2.40 128.8 Discordant 96-25 16.90 28.90 12.00 1.52 85.2 Discordant 96-28 122.20 129.70 7.50 1.92 8.9 Discordant 96-29 37.50 48.00 10.50 1.51 34.7 Discordant 96-30 65.80 69.70 3.90 2.21 49.0 Discordant 96-31 5.50 27.60 22.10 2.22 49.5 Discordant Incl. 19.55 21.15 1.60 12.75 213.2 Discordant

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SLIDE 23

95_15: Mudstone Hosted 34.46 m @ 1.79 g/t Au 32.1 g/t Ag 95_24: Vein Hosted 22.30 m @ 1.65 g/t Au 75.0 g/t Ag 95_31: Vein Hosted 22.10 m @ 2.22 g/t Au 49.5 g/t Ag

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SLIDE 24

95_31: Vein Hosted 22.10 m @ 2.22 g/t Au 49.5 g/t Ag 95_15: Mudstone Hosted 34.46 m @ 1.79 g/t Au 32.1 g/t Ag 95_24: Vein Hosted 22.30 m @ 1.65 g/t Au 75.0 g/t Ag

Sub surface 3D perspective view of TV Zone drillholes Sub surface 3D perspective view with polygonal mineralization

  • model. Note mineralization is open at depth to the north and

east

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SLIDE 25

C10

The C10 zone is defined by a broad gold soil anomaly that encompasses a semi-continuous and variably high grade gold trend outlined by previous drilling. Previous workers suggest the C10 Zone may represent a feeder zone below a VMS deposit, as it is hosted within highly prospective Eskay Rift related lithologies. Previous drilling intersected 99.4 g/t Au and 28.1 ppm Ag over 1.5 m in discordant VMS feeder style veins, indicating a high grade Au mineralizing system. It is recommended that additional geophysics and soil sampling be conducted to compliment the existing data, and additional drilling should be planned pending the results of these surveys.

Drilling Highlights

Hole ID From (m) To (m) Length (m) Au (g/t) Ag (g/t) Cu (ppm) Zn ppm DDH88-05 19.2 19.81 0.61 14.93 1.4

  • CR05-17

107.5 112 4.5 2.33 7.3 3062 76 CR05-17 145.5 147 1.5 99.40 28.1 381 221 CR06-31 133.7 141.6 7.9 1.24 3.1 462 299 CR06-32 144.4 153 8.6 2.00 6.4 772 123 CR06-33 184.8 186.7 1.9 13.62 6.8 526 55 CR06-34 127.3 133.8 6.5 1.29 4.7 492 609 CR06-35 188.4 190.4 2 5.61 4.4 406 160

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SLIDE 26

CR05-17: Vein Hosted 1.5 m @ 99.40 g/t Au 28.1 g/t Ag

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SLIDE 27

CR05-17: Vein Hosted 1.5 m @ 99.40 g/t Au 28.1 g/t Ag CR06-37 CR06-38 CR06-39 CR05-17: Vein Hosted 1.5 m @ 99.40 g/t Au 28.1 g/t Ag CR06-37 CR06-38 CR06-39 CR06-31 CR06-32 CR06-33 CR06-34 CR06-35 CR06-31 CR06-32 CR06-33 CR06-34 CR06-35

Top-down 3D perspective view

  • f C10 Zone drillholes

Top-down 3D perspective view of C10 Zone drillholes and modeled ground IP chargeability anomaly. All IP anomalies remain untested.

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SLIDE 28

GFJ Zone

The GFJ zone comprises a lode gold vein occurrence up to 750 metres in length and ranges from 0.5 to 1 metre in width. Mineralization is found within a shallowly-dipping shear-controlled pyritic quartz vein, consisting of banded quartz, chlorite, pyrite, arsenopyrite and possibly tetrahedrite, with reports of native gold. A chip sample across the vein returned up to 51.92 g/t gold over 1.00 m. Several separate veins ranging from 15 to 80 cm and 10 to 50 cm in width extend over 90 to 110 m strike lengths graded up to 33.7 g/t and 46.4 g/t gold. This showing has never been drill tested.

GFJ Showing

C10 Holes IP Chargeability High Red Lightning Zone

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SLIDE 29

GFJ Showing 51.92 g/t Au

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SLIDE 30

Red Lightning

The Red Lightning Zone hosts magmatic nickel- copper- rich mineralization associated with a relatively small-sized body of tholeiitic basalt/gabbro. The first significant magmatic nickel copper- rich massive sulphide system in the Golden Triangle was discovered by Garibaldi Resources in 2017, at their E&L Deposit, located approximately 20 km to the

  • northwest. A northwesterly trending nickel-, copper-,

silver-, cobalt-in- silt anomaly extends from the Red Lightning Zone towards the E&L Deposit, which opens up approximately 15 km of very prospective ground for additional magmatic nickel-copper- rich discoveries. 11 diamond drill holes tested Red Lightning. The best drill results were from a 20.4 m thick zone of network vein style to massive sulphides grading 0.79% copper, 0.42% nickel, 0.08% cobalt, 0.01 g/t platinum, 0.1 g/t palladium and 0.8 g/t gold, including a 10 m wide massive sulphide horizon yielding 1.03% copper, 0.55% nickel, 0.1% cobalt, 0.16 g/t platinum, 0.15 g/t palladium and 1.1 g/t gold. Hole ID From (m) To (m) Length (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) RL-1 69.2 71.7 2.5 0.25 2.3 0.29 <0.01 0.01 RL-2 79.5 88 8.5 0.11 1 0.12 <0.01 <0.01 Incl. 81 82 1 0.23 1.7 0.23 <0.01 <0.01 RL-2 88 88.5 0.5 1.65 352.4 0.43 1.31 1.86 RL-3 64.7 72.7 8 0.75 1.9 0.26 <0.01 0.01 Incl. 64.7 69.2 4.5 0.29 2 0.31 <0.01 0.01 69.2 71.7 2.5 0.16 1.3 0.16 <0.01 <0.01 71.7 72.7 1 5.74 2.8 0.18 <0.01 0.06 Hole ID From (m) To (m) Length (m) Cu (%) Ni (%) Co (%) Pt (g/t) Pd (g/t) Au (g/t) Ag (g/t) CR08-83 82.1 85.6 3.5 0.25 0.11 0.02 <0.01 0.02 0.2 2.1 CR08-84 55.4 57.9 2.5 0.34 0.18 0.03 <0.01 0.03 0.2 <2 CR08-85 160.1 164.1 4 0.34 0.12 0.02 <0.01 0.03 0.3 <2 CR08-86 222.8 243.2 20.4 0.79 0.42 0.08 0.01 0.1 0.8 <2 Incl. 230.2 240.2 10 1.03 0.55 0.1 0.16 0.15 1.1 <2 CR08-86 245.8 248.7 2.9 1.08 0.36 0.09 0.03 0.21 0.6 10

2007 Drilling Highlights 2008 Drilling Highlights

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SLIDE 31

CR08-86: Massive Sulfide 20.4 m @ 0.42% Ni 0.79% Cu 0.8 g/t Au 0.1 g/t Pd

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SLIDE 32

CR08-86: Massive Sulfide 20.4 m @ 0.42% Ni 0.79% Cu 0.8 g/t Au 0.1 g/t Pd IP Chargeability High

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SLIDE 33

Brucejack-Style Conceptual Target

  • Recent mapping of the property has confirmed that

the same stratigraphic units which host many of the

  • ccurrences on Pretium’s Brucejack property are

preserved at North Mitchell.

  • Locally pervasive quartz-sericite-pyrite (qsp)

alteration is found at lower stratigraphic levels and are associated with local veining that has returned

  • nly anomalous gold grades to date.
  • Given that it is associated with common qsp

alteration of lower Hazelton Group rocks, and given its general spatial association with both the Brucejack trend and with the northeast trend marked by the Au-rich Cu porphyries at Kerr, Sulphurets, Mitchell, and Iron Cap on Seabridge’s property, and including the emerging Au and Au-Cu systems still farther northeast on Tudor Gold’s Treaty Creek property, this conceptual but blind target at North Mitchell is truly compelling.

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SLIDE 34

QSP

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SLIDE 35

Eskay Creek, Porphyry and Epithermal Potential:

Virginia Lake, Battlement, Bench, South Unuk, Angela Creek, Golf Course, Smitty, C10, Cumberland, HSOV and Spearhead showings host favourable Eskay Stratigraphy with gold and silver soil and silt anomalies with elevated Eskay-type (As, Sb, Hg) pathfinder elements. TM, GFJ, Double Mac, C10, Tet and Eva Creek showings host high grade vein-style mineralization. Only a few showings have seen first pass drill testing and holes completed were shallow. Below is a list of assay highlights from rock samples collected from surface a these showings. All showings warrant additional follow up exploration. Showing Au (g/t) Ag (g/t) Cu (%) Zn (%) Pb (%) TM 173.60 204.0 0.20 0.05 0.48 TM 39.65 143.0 1.95 0.02 0.01 TM 36.80 110.0 1.59 0.04 0.10 GFJ 112.00 22.7 1.14 0.10 0.02 GFJ 94.50 175.0 2.48 0.04 0.07 GFJ 78.90 13.1 3.24 0.11 0.02 GFJ 52.80 10.9 0.42 0.12 0.03 Red Light 6.90 3.2 0.50 0.17 0.02 Spearhead 4.10 0.0 0.01 0.06 0.02 Spearhead 2.50 0.0 0.01 0.06 0.01 Spearhead 3.20 0.0 0.01 0.11 0.02 Big Red 3.20 0.0 0.05 0.09 0.01 Big Red 2.30 0.1 0.02 0.07 0.01 Big Red 0.51 15.8 1.59 0.03 0.01 Big Red 4.10 0.4 0.05 0.09 0.01 South Unuk 10.64 >100 >1 <0.01 <0.01 South Unuk

  • >100

>1 <0.01 0.01 South Unuk 26.96 >100 >1 0.02 <0.01 Cumberland 9.33 91.5 0.45 9.80 2.70 C10 17.20 2.3 0.03 0.07 0.04 Showing Au (g/t) Ag (g/t) Cu (%) Zn (%) Pb (%) C10 4.82 >100 >1.0

  • 0.01

C10 3.55 >100 >1.0 0.45

  • C10

2.42 >100 >1.0 0.34

  • C10

20.30 3.8 0.16 0.13 0.01 Tet 1.02 37336.0 6.30 0.37 0.10 Smitty

  • 271.0

0.91 8.01 0.01 Smitty

  • 267.0

0.38 9.38

  • Smitty
  • 141.0

0.79 9.46

  • Smitty
  • 132.0

0.71 7.18 0.15 Smitty

  • 159.0

0.62 4.32 0.14 Smitty

  • 356.0

0.68 8.71 0.17 Smitty

  • 188.0

1.10 13.75 0.80 Eva Creek 41.97 24.7 0.06 <0.01

  • Eva Creek

2.48 - 0.08 0.10

  • Battlement

0.03 109.5 0.25 0.04 0.16 Double Mac 38.60 2484 3 0.05 0.1 Double Mac 10.65 >100 >1.0 0.03 0.02 Double Mac 26.96 >100 >1.0 0.03 0.08 Double Mac 1.98 >100 >1.0 0.21 0.02 Double Mac 43.90 >100 >1.0 0.05 0.1

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SLIDE 36

SIB Property:

Target generation for the 2018 summer drill program at the SIB property is currently underway. It will systematically test the extensive and favourable Eskay stratigraphy to the west and south of the 2017 drill area for precious metals enriched VMS mineralization.

Corey and Mitchell North Block:

A detailed review of all historical data collected from Eskays’ extensive land package, including occurrences such as Red Lightning is currently underway. This review is intended to help focus field-based follow-up that will generate specific drill targets. The fieldwork will likely consist of geological mapping, prospecting, geochemical sampling and local ground geophysical surveying, with drilling to follow, either later on in the 2018 field season, or in 2019. The compilation is being undertaken by geologists Andrew Mitchell, Neil Prowse, and Arron Albano, under the supervision of Charlie Greig of C.J. Greig & Associates Ltd., all of whom are familiar with the area and who were closely involved in the 2017 SIB property exploration program that was funded by SSR Mining Inc.

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SLIDE 37
  • Large Prospective and Highly Under-explored Property (130,000 acres)
  • Located in Politically Stable Canada and in the Heart of British Columbia’s Golden Triangle
  • World Class Deposits next door: Barrick’s Eskay Creek Mine, Seabridges’ KSM Deposit and

Pritiums’ Brucejack (VOK) Mine

  • Good infrastructure with new mines and projects being developed in the area
  • High potential for Eskay-style, porphyry and epithermal deposits
  • Virtually untested Ni-Cu magmatic system (Red Lightning) along a 15 km underexplored trend
  • f encouraging Ni-Cu silt anomalies and prospective geophysics leading towards Garibaldi’s

high grade Ni-Cu-PGE Discovery at their E&L prospect (See news release dated January 19, 2017)

  • Jeff and TV zones hosting Eskay-style mineralization are both open down dip and along stike,

and warrant drilling

  • A number of high priority deep geophysical targets outlined from 2011 surveys that have

never been drill tested

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SLIDE 38

Large Land Package (130,000 acres) with Elephant Potential – Next door to Eskay Creek Mine, KSM Deposits and VOK.

  • Eskay Mining believes that the property is remarkably underexplored. Numerous showings have seen
  • nly first pass exploration and drilling. A number of geophysical targets have yet to be drill tested and

represent a compelling opportunity for focused exploration to find additional KSM- and VOK-type deposits on our ground.

Market Cap – Exponential Upside

  • Eskay Mining current market cap: 110 M shares x 0.27 = 29.6 M
  • Seabridg current market cap: 57.6 M shares x 14.05 = 810 M
  • Pritium current market cap: 182 M shares x 13.76 = 2.5 B

Timing is Now

  • Precious metal prices are beginning upward trend
  • The Golden Triangle is one of the hottest areas for mineral exploration in the world
  • Drilling targets will be selected and drilled this year or next
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SLIDE 39

For Further Information Contact: Mac Balkam, President & CEO – 416.907.4020 Charles Greig, M.Sc., P.Geo., Consultant – 250.492.2331

Thank You