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Eastmain Resources Inc.
Summary
| Project: | Clearwater | |
|---|---|---|
| Deposit: | Eau Claire | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/26/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-4-2017: Eastmain Resources Inc. announces an Exploration/Drilling Update report for its Eau Claire deposit at the Clearwater project. Drilling results incl. 2.0m @ 43.7g/t Au from 370.2m. Eastmain Resources Inc. (“Eastmain” or the “Company”- TSX:ER) is | |
| 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: | Eastmain Resources Inc. (“Eastmain” or the “Company”- TSX:ER) is pleased to announce new assay results for 15 drill holes (5,415 m), from its 63,000 metre mineral resource definition drill program at the Eau Claire deposit and Snake Lake target, located in James Bay, Quebec (see FIGURES 1-5). The Clearwater Project is 100%-owned. Assay results are reported for 10 infill and step-out drill holes (3,774 m) in the 450W Zone, 2 holes (810 m) from the 850W Zone (see FIGURE 1) and 3 holes (705 m) from the Snake Lake Target (see FIGURE 5). A total of 133 exploration and infill drill holes (41,400 m) have been reported since the program began in late August 2016. Eau Claire’s definition drilling program targeting open-pit and shallow underground resources is now complete, with assays pending on approximately 15,700 m of drilling. The updated mineral resource estimate is expected in July 2017. The remaining meterage is dedicated to additional exploration drilling around the Eau Claire resource envelope, and testing the eastern extension of the Eau Claire deposit towards Snake Lake. Claude Lemasson, Eastmain’s President & CEO commented, “With assays pending on 30% of the current program and a completed infill program at Eau Claire, we can begin to plan the future growth at our Clearwater Project, including testing the property-wide potential of the Project. Current drilling has consistently demonstrated strong results within the deposit, and is providing us with the confidence to continue accelerating our work on the asset.” | |
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