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ESK.V ·

Eskay Identifies Conductivity Anomaly by High-Resolution Airborne Electromagnetic Geophysical Survey (HeliSAM) on the SIB Property

Exploration Programs Sampling & Geoscience Results

1

82 Richmond Street East

Toronto, ON M5C 1P1

T: 416 907 4020

E: [email protected]

W: eskaymining.com

NEWS RELEASE

FOR IMMEDIATE RELEASE: JULY 27, 2018

Eskay Identifies Conductivity Anomaly by High-Resolution Airborne

Electromagnetic Geophysical Survey (HeliSAM) on the SIB Property

Toronto, July 27, 201 8 – Eskay Mining Corp. (“Eskay” or the “Company”) (TSX -V:ESK)

(OTC-PK: ESKYF) (Frankfurt: KN7; WKN: A0YDPM) is pleased to release the results of a high

resolution airborne electromagnetic survey at its SIB Property, which hosts precious-metals-enriched

Eskay Creek style VMS mineralization. The survey has outlined a significant conductor in the relatively

unexplored southern part of the property (Figure 1) that will be drill tested in a program funded by SSR

Mining Inc. (“SSR Mining”) (NASDAQ: SSRM) (TSX: SSRM).

“The results from the HeliSAM survey are promising, and we are excited to drill-test such a significant

anomaly on trend from the world-renowned Eskay Creek mine” commented President and CEO Mac

Balkam. “Eskay is anticipating an exciting field season, not only with SSR Mining aggressively drilling

the SIB project, but also with the Company following -up anomalies outlined in its extensive VTEM

survey that covered the Corey property to the south”.

Charles J. Greig, P. Geo., a me mber of the Company ’s Advisory Team, is a Qualified Person under

the definition of National Instrument 43 -101. Mr. Greig has reviewed and approved the technical

information in this press release.

For further information regarding the SIB Property, see the Company’s Press Releases of October 17,

2016, August 8, 2016, May 9, 2016 and January 23, 2013.

2

82 Richmond Street East

Toronto, ON M5C 1P1

T: 416 907 4020

E: [email protected]

W: eskaymining.com

3

82 Richmond Street East

Toronto, ON M5C 1P1

T: 416 907 4020

E: [email protected]

W: eskaymining.com

About Eskay Mining Corp:

Eskay Mining Corp (TSX-V: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 in British Columbia in a highly prolific, poly metallic area known as

the Eskay Rift Belt located in the “Golden Triangle”, 70km northwest of Stewart, BC. The

Company currently holds mineral tenures in this area comprised of 177 claims (130,000 acres).

All material information on the Company may be found on its website at www.eskaymining.com

and on SEDAR at www.sedar.com.

For further information, please contact:

Mac Balkam T: 416 907 4020

President & Chief Executive Officer E: [email protected]

Neither the TSX V enture Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the TSX V enture Exchange) accepts responsibility for the adequacy

or accuracy of this release.

Forward-Looking Statements: This Press Release contains forward -looking statements that

involve risks and uncertainties, which may cause actual results to differ materially from the

statements made. When used in th is document, the words “may”, “ would”, “ could”, “ will”,

“intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended

to identify forward-looking statements. Such statements reflect our current views with respect to

future events and are subject to risks and uncertainties. Many factors could cause our actual results

to differ materially from the statements made, including those factors discussed in filings made by

us with the Canadian securities regulatory authorities. Should one or more of these risks and

uncertainties, such as actual results of current exploration programs, the general risks associated

with the mining industry, the price of gold and other metals, currency and interest rate fluctuations,

increased comp etition and general economic and market factors, occur or should assumptions

underlying the forward looking statements prove incorrect, actual results may vary materially from

those described herein as intended, planned, anticipated, or expected. We do not intend and do not

assume any obligation to update these forward -looking statements, except as required by law.

Shareholders are cautioned not to put undue reliance on such forward-looking statements.

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