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ESK.V ·

Eskay Mining Announces Grant of Stock Options

Share Capital & Compensation

1

82 Richmond Street East

Toronto, ON M5C 1P1

T: 416 907 4020

E: [email protected]

W: eskaymining.com

NEWS RELEASE

FOR IMMEDIATE RELEASE: March 25, 2024

Eskay Mining Announces Grant of Stock Options

Toronto, March 25, 2024 – Eskay Mining Corp. (“Eskay” or the “Company”) (TSX-V:ESK)

(OTCQX: ESKYF) (Frankfurt: KN7) (WKN: A0YDPM) wishes to announce that an aggregate of

1,500,000 options to purchase common shares of Eskay at $0.31 per share for five years have

been granted to two directors of Eskay. The grant is subject to acceptance by the TSX Venture

Exchange.

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 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).

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 Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture 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 this 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

2

82 Richmond Street East

Toronto, ON M5C 1P1

T: 416 907 4020

E: [email protected]

W: eskaymining.com

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 competition 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.