For thousands of other reports visit RSC's Mineral Intellingence Map
Eastmain Resources Inc.
Summary
| Project: | Clearwater | |
|---|---|---|
| Deposit: | Eau Claire | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/16/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-5-2017: Eastmain Resources Inc. announces an Exploration/Drilling Update report for its Eau Claire deposit at the Clearwater project. Drilling results incl. 3.7m @ 42.3g/t Au from 194.2m. Toronto, Ontario, May 16, 2017 - Eastmain Resources Inc. (“Eastm | |
| 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, May 16, 2017 - Eastmain Resources Inc. (“Eastmain” or the “Company”- TSX:ER) is pleased to announce new assay results from its 55,700 m mineral resource definition drill program at the Eau Claire deposit, located in James Bay, Québec (see FIGURES 1-5). The Company’s 100%-owned Clearwater Project hosts the Eau Claire gold deposit. Assay results are from 16 drill holes (5,825 m), including infill and step-out drill holes in the 450W Zone (4,520 m) and the 850W Zone (1,305 m). The drilling continues to build continuity within the deposit, while helping to define the limits of an open pit and shallow underground mining concept. A total of 149 exploration and infill drill holes (47,258 m) have been reported. SGS Geostat has been engaged to complete the updated mineral resource estimate for the Eau Claire deposit, with an expected completion of 3Q17. Growth-focused exploration continues with 3 drills, around and near, the Eau Claire deposit. Drilling is focused below the 400 m elevation level, beneath the 450W Zone’s known measured and indicated resources, and in the 850W Zone, below mineralization identified in the 2015 mineral resource estimate. In addition, drilling is targeting the extension of Eau Claire along the Clearwater Deformation Zone, towards the Snake Lake target. Claude Lemasson, Eastmain’s President & CEO commented, “These drilling results demonstrate some of the highest grades our current Eau Claire drill program has encountered. We continue to be encouraged by the drilling, and are eager to receive the remaining 15% resource definition program results.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report