ESKAY MINING CORP. ("Eskay" or the "Company") (TSX VENTURE:ESK)(FRANKFURT:878
985)(BERLIN:878 985) is pleased to announce that it has been advised by St
Andrew Goldfields that it has earned a 70% undivided interest in the SIB
Property at Eskay Creek, British Columbia. This property encompasses 33,000
Hectares immediately adjacent to the prolific Eskay Creek mine owned by Barrick
Gold. Combined with Eskay's 100% owned Corey Property to the south, we control
46,000 Hectares or approximately 130,000 acres. Eskay has posted the 2010
Geological Report relating to the results of the 2010 exploration program,
announced in the press release issued November 22, 2010, to our web site.


Further, Eskay has advised SAS that pursuant to the 2008 Option Agreement
between the two companies, it will increase its interest to 80% this year. The
Option Agreement called for expenditures on exploration of $4 Million as well as
cash and share payments to SAS. Once Eskay has earned its 80% interest, the two
companies will operate an 80/20 joint venture with Eskay as the operator.


Operationally, Mira Geosciences has almost completed a full 3D model to
encompass the entire data base on both the SIB and Corey Properties. This model
uses all airborne geophysics together with surface sampling and drill hole
information. Diagnos Inc has completed inputting all of this same data to work
with their proprietary Cards software program. Both companies are interfacing to
provide a complete picture of our opportunity. The past focus of the Company has
been on the pursuit of Eskay Creek style VMS mineralization. While this
continues to remain a priority for the Company, Eskay is now exploring the
possibility of a large bulk tonnage low grade deposit much like other resource
companies in the area are defining.


To oversee the geophysical aspects of the Company's exploration program, Eskay
is pleased to announce that it has retained Mr. Tom Weis. Tom was formerly the
Chief Geophysicist at Newmont Mining Inc. His experience is a welcome addition
to the new geological team constructed at Eskay Mining.


We lost a good friend and colleague in Dr. Art Ettlinger in February. Art had
joined our Geological Advisory Board in December 2010. He had vast experience in
mining exploration including two seasons at the Eskay Creek Mine during the
early 1990's. We will miss his friendship and counsel. However, Joanna
Ettlinger, Art's wife, is an experienced field geologist who recently completed
a Ph.D in Geology from the University of Western Australia and has agreed to
remain on our Geological Advisory Board and head up logistics of our upcoming
field season. To assist Joanna in our planning, we have contracted P & E Mining
Consultants of Brampton. Their experience is utilized by many large mining firms
around the world. Their knowledge of our area stems from having supplied a major
43- 101 report for one of our neighbour companies.


As well, we have supplied our comprehensive data package to our other Geological
Advisory Board members, Chet Idziszek and David Mallo. These men were credited
with being the geologists who uncovered the Eskay Creek Mine. Chet won the
prestigious Mining Man of the Year award for these efforts.


Mac Balkam, President and CEO stated: "It takes a great team of people, large
amounts of science and of course some luck to uncover a major deposit. Eskay has
put together a team of competent people, who know our exploration area and have
been involved in major discoveries. Details of our upcoming field season will
follow as plans unfold."


Cautionary Note Regarding 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 such 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 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.


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