Vancouver, British Columbia, June 24, 2024; Eskay Mining Corp. (“Eskay”) (TSX-V:ESK and OTCQX:ESKYF) and P2 Gold Inc. (“P2”) (TSX-V:PGLD and OTCQB:PGLDF) (together, the “Companies”) report that exploration crews are mobilizing this week to commence exploration of the Eskay-Corey Property (the “Property”) located in the Golden Triangle of northwest British Columbia.  Eskay and P2 agreed to a business combination (the “Proposed Transaction”) on June 4, 2024 (see the joint Eskay-P2 news release dated June 4, 2024) and concurrently signed an exploration services agreement pursuant to which P2 agreed to carry out an exploration program on the Property this year.

The exploration program will be under the supervision of P2’s Chief Exploration Officer, Ken McNaughton, who led the team that discovered the Brucejack Mine, located approximately 10 kilometers to the east of the Property. Since signing the exploration services agreement, P2 has been compiling and reviewing the extensive geological and geophysical data from exploration on the Property over the years.   Phase One activity will focus on ground truthing the data and developing drill targets for a drill program expected to be undertaken in Phase Two of this year’s program.  
 
“We are looking forward to getting on the Eskay ground as we have long thought of it as highly prospective for a significant deposit,” commented Ken McNaughton, Chief Exploration Officer of P2. “We have an experienced team mobilizing to site that is focused on unlocking the incredible potential of the property.”

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. Eskay currently holds mineral tenures in this area comprised of 177 claims (52,600 hectares).

All material information on Eskay may be found on its website at www.eskaymining.com and on SEDAR+ at www.sedarplus.com.

About P2 Gold Inc:

P2 Gold is a mineral exploration and development company focused on advancing its gold-copper Gabbs Project on the Walker Lane Trend in Nevada.  A positive preliminary economic assessment has outlined a long-life, mid-size mine at Gabbs with annual average production of 104,000 ounces gold and 13,500 tonnes copper over a 14.2 year mine life. 

All material information on P2 may be found on its website at www.p2gold.com and on SEDAR+ at www.sedarplus.com.