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Eastmain Resources Inc.
Summary
| Project: | Eastmain Mine | |
|---|---|---|
| Deposit: | Eastmain Mine, Ruby Hill East | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 11/14/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-11-2016: Eastmain Resources Inc. announces an Exploration/Drilling Update report for its Eastmain Mine, Ruby Hill East deposit at the Eastmain Mine project. Drilling results incl. 10.5m @ 42.4g/t Au 30.2g/t Ag, 0.53% Cu from 15.0m. Toronto, Ontario, No | |
| Resources: | x | |
| CP/QP: | [Overall Report]: William McGuinty (Internal) | |
| ABSTRACT: | Toronto, Ontario, November 14, 2016 - Eastmain Resources Inc. (“Eastmain” or the “Company”- TSX:ER) is pleased to announce results from an initial 9 drill holes (2,718 m) in a 23-hole (7,500 m) program at its Eastmain Mine Project and Ruby Hill East Property, located in James Bay, Quebec (See FIGURE 1 and FIGURE 2). Claude Lemasson, Eastmain President and CEO commented: “The first drill results of the exploration program at the Eastmain Mine Project are very encouraging. We intersected shallow gold/silver/copper mineralization on two separate target areas, and believe these to be potential parallel horizons to the mine trend. In addition, we are seeing continuity between trenching and drilling starting to take shape. The results are especially significant as the new mineralized horizons are within 2.5 km of the historic deposit. With additional drilling and trenching assays pending, we continue to work on tapping into the exploration opportunity at the property.” Eastmain Mine Assays from the first 4 drill holes totalling 1,674 m, are from the Julien and Hillhouse targets (FIGURE 1). The two targets are located along the mine trend 2.5 km NW and 1.5 km NW, respectively, from the historic Eastmain Mine deposit. The 2016 Eastmain Mine Project drilling is designed to identify additional mineralized zones along the mine trend, hosting the historic high-grade Eastmain Mine deposit. Exploration work prior to 2014 identified satellite targets, which was followed by additional mapping, overburden stripping and channel sampling conducted in mid-2016. The 2016 exploration program has focused northwest of the Eastmain Mine deposit to date, particularly at the Julien, Suzanna and Hillhouse targets. | |
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