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: | 3/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-3-2017: Eastmain Resources Inc. announces an Exploration/Drilling Update report for its Eau Claire deposit at the Clearwater project. Drilling results incl. 13.3m @ 8.31g/t Au from 313.5m. 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 infill drilling assay results from its ongoing 63,300 m drill program at its 100%-owned Clearwater Project, located in James Bay, Québec (see FIGURES 1-4). Reported results are from the Eau Claire gold deposit. Eastmain is reporting on assay results from 19 drill holes (6,135 m), which continue to establish continuity while testing the limits of an open pit and shallow underground mining concept. A total of 94 exploration and infill drill holes totalling (28,535 m) have been reported to date, with approximately two-thirds (44,500 m) of our planned drill program now complete. Assays are pending on 48 holes. Drilling continues within the deposit with 5 rigs on site. Completion of the drill program is expected in early Q2/2017. William McGuinty, Eastmain’s VP Exploration commented, “We’re pleased with the assay data demonstrating continuity of the underground potential of the deposit, particularly between 200 - 300 m depth. In particular, we’re encouraged by our new understanding of two high grade schist veins (“HGS”), HGS-02 and HGS-04, which are believed to be an early ESE trending vein system in the deposit, later cross-cut by extensive east-west trending gold bearing quartz-tourmaline veins. These HGS veins stand out due to their broad widths, high grades and identifiable continuity.” He continued, “With the final leg of our drill program now underway, Eastmain intends to focus on further defining the lateral and vertical extent of these broad HGS veins in conjunction with the narrower en-echelon vein sets and continue to further define consistency of mineralization within the deposit.” | |
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