The Global Resource For Connecting Buyers and Sellers

Eskay Proceeds With LOI With Silver Standard to Option Up to a 60% Interest In Part of SIB Property

TORONTO, ONTARIO–(Marketwired – Feb. 13, 2017) – Eskay Mining Corp. (“Eskay” or the “Company”) (TSX VENTURE:ESK) wishes to announce that, further to its Press Release dated January 26, 2017, St Andrew Goldfields Limited (“St Andrew“), a wholly-owned subsidiary of Kirkland Lake Gold Ltd., which holds a 20% undivided interest the SIB Property, has waived its right of first refusal and Eskay will proceed to negotiate the terms of a formal agreement for the option (the “Option”) of up to a 60% undivided interest in part of the SIB Property to Silver Standard Resources Inc. (the “Optionee“), the senior mining company referred to in the Janaury 26, 2017 Press Release.