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Eastmain Resources Inc.
Summary
| Project: | Clearwater | |
|---|---|---|
| Deposit: | Eau Claire | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/1/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-6-2017: Eastmain Resources Inc. announces an Exploration/Drilling Update report for its Eau Claire deposit at the Clearwater project. Drilling results incl. 8.5m @ 10.2g/t Au from 435.0m. Toronto, Ontario, June 1, 2017 - Eastmain Resources Inc. (“Eastma | |
| Resources: | (Resource, M+I): 7.225Mt @ 4.09g/t Au for 951000oz Au contained at Eau Claire | |
| CP/QP: | [Overall Report]: William McGuinty (Internal) | |
| ABSTRACT: | Toronto, Ontario, June 1, 2017 - Eastmain Resources Inc. (“Eastmain” or the “Company”- TSX:ER) is pleased to announce additional assay results from its 55,700 m mineral resource definition drill program at the Eau Claire deposit, located in James Bay, Québec (see FIGURES 1-4). The Company’s 100%-owned Clearwater Project hosts the Eau Claire gold deposit. Assay results are from 24 drill holes (7,317 m), including infill and step-out drill holes in the 450W Zone (4,790 m) and the 850W Zone (2,527 m). Reported exploration and infill drill holes from the program now total 173 (54,339 m), with assays pending on 9 holes. Claude Lemasson, Eastmain’s President & CEO commented, “The resource definition program is updating the potential open pit and shallow underground mining concept for the forthcoming mineral resource estimate expected in Q3 2017. The results to date are reinforcing the strength of the Eau Claire deposit within the top 400 m. With the infill program now complete, we can focus our attention both below the 400 m levels at Eau Claire and to the east of the deposit, where minimal drilling exists, but where we see great potential for further resource growth.” Targeted exploration continues with 3 drills around the Eau Claire deposit. Drilling is focused from the 400 m to 750 m depths, targeting below the 450W and 850W zones’ known measured and indicated mineral resources. In addition, new drilling is targeting the Eau Claire extension along the Clearwater Deformation Zone, towards the Snake Lake target. | |
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