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Eastmain Resources Inc.
Summary
| Project: | Clearwater | |
|---|---|---|
| Deposit: | Cardoc, Knight Serendipity | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/24/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 24-1-2020: Eastmain Resources Inc. announces an Exploration/Drilling Update report for its Cardoc, Knight Serendipity deposit at the Clearwater project. Drilling results incl. 0.9m @ 3.76g/t Au from 131.5m. TORONTO--(BUSINESS WIRE)--January 24, 2020--East | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: William McGuinty (Internal) | |
| ABSTRACT: | TORONTO--(BUSINESS WIRE)--January 24, 2020--Eastmain Resources Inc. (“Eastmain” or the “Company” - TSX:ER, OTCQB:EANRF), a gold exploration and development company operating in Eeyou Istchee, James Bay, Quebec, reports the completion of its fall 2019 20-hole drill program (5,152 m in total) with results from 13 (thirteen) holes (3,654 m) at the Company’s 100%-owned Clearwater Property (see FIGURES 1 and 2). The 13 reported holes tested targets eastwards along 4.5 km of the Knight Serendipity meta-sedimentary horizon (KS Horizon) beginning in the Caradoc area. The holes tested trenched geological features as well as soil, rock and VTEM anomalies obtained over the 2019 exploration campaign. Blair Schultz, Interim President and CEO commented, “With the final results from the 2019 field program released, we remain positive on the mineral potential of the KS Horizon and will be assessing various targets for inclusion in our 2020 field program. Meanwhile, the Company is currently reinterpreting several high priority targets at our flagship Eau Claire deposit and expects to announce these targets for drilling in the coming weeks. Exploration will continue to be supplemented by engineering and optimization studies to support future permitting and development of the Eau Claire Deposit. | |
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