Eskay Mining Corp Grants Options
TORONTO, ONTARIO -- (Marketwire) -- 09/21/11 -- Eskay Mining Corp. ('Eskay' or the 'Company') (TSX VENTURE: ESK) is pleased to announce that an aggregate of 450,000 options to purchase common shares of the Corporation at $0.20 per share for five years have been granted to one (1) senior officer (200,000) and one (1) investor relations consultant (250,000) of the Corporation.
The grants are subject to acceptance by the TSX Venture Exchange.
About Eskay Mining Corp:
Eskay Mining Corp (TSX VENTURE: 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 comprising of 177 claims (130,000 acres).
All material information on the Company may be found on its website at www.searchminerals.ca and on SEDAR at sedar.com.
Cautionary Statement:
The following presentation may include certain 'forward-looking statements' within the meaning of the United States Private Litigation Reform Act of 1995 and applicable Canadian Securities Laws. All statements other than statements of historical fact, included in the presentation, including without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Search Minerals, are forward-looking statements. Words such as 'expect', 'anticipate', 'estimate', 'may', 'will', 'should', 'intend', 'believe' and other similar expressions are forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather reflect our current views with respect to future events and are subject to risks, uncertainties, assumption and other factors, and actual results and future events could differ materially from those anticipated in such statements. There can be no assurance that such forward-looking statements will prove to be accurate. We base our forward-looking statements on information currently available to us and we do not assume any obligation to update them, except as required by law.
An additional Cautionary Note to Investors: In the event that we use certain terms in this presentation such as 'resource', 'measured resource', 'indicated resource' and 'inferred resource'. US investors are cautioned that, while such terms are recognized and required by Canadian Securities Laws, the United States Securities and Exchange Commission does not recognize them. Under U.S. standards, mineralization may not be classified as a 'reserve' unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination has been made. U.S. investors should not assume that all or any part of measured or indicated resources will ever be converted into reserves. In addition, 'inferred resources' have a greater amount of uncertainly as to their existence and as to whether they can be mined legally or economically. Accordingly, information concerning descriptions of mineralization in the presentation may not be comparable to information made public by companies that are subject to the SEC's Industry Guide 7.
All of the scientific and technical information contained herein has been reviewed and/or prepared by P and E Engineering, 'Qualified Persons' within the meaning of National Instrument 43-101-Standards of Disclosure for Minerals Projects. For further details of the Company's procedures and policies for data verification, the reader is referred to the Company's news releases and other material information available on the Company's website at www.eskaymining.com or on SEDAR at www.sedar.com.
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 of the adequacy or accuracy of this release.
Contacts:
Eskay Mining Corp.
Mac Balkam
President & Chief Executive Officer
416 907 6151
macbalkam@aol.com
Joanne Jobin
Investor Relations Manager
647 964 2092
jjobin@investorrelationsinc.com