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Eastmain Resources Inc.
Summary
| Project: | Clearwater | |
|---|---|---|
| Deposit: | Eau Claire, Snake Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-1-2017: Eastmain Resources Inc. announces an Exploration/Drilling Update report for its Eau Claire, Snake Lake deposit at the Clearwater project. Drilling results incl. 2.4m @ 67.7g/t Au from 252.8m. Toronto, Ontario, January 4, 2017 - Eastmain Resource | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: William McGuinty (Internal) | |
| ABSTRACT: | Toronto, Ontario, January 4, 2017 - Eastmain Resources Inc. (“Eastmain” or the “Company”- TSX:ER) is pleased to announce additional assay results from its ongoing, 63,300 m drill program at the Clearwater Project, which includes the Eau Claire deposit, in James Bay, Quebec (see FIGURES 1-4). These results are from 18 holes (5,285 m) of drilling for a total of 50 holes (17,516 m) to date, from three drill rigs. A fourth rig is now commissioned to accelerate the program. A summary of significant assay results and drilling data is presented in Tables 1, 2 and 3 below. Claude Lemasson, Eastmain President and CEO commented, “Drilling continues to return excellent results from our open pit and shallow underground definition program on the Eau Claire deposit. The infill drilling results are confirming our expectations within the current resource while tightening the drill spacing to enhance vein continuity. A fourth drill is now arriving onsite and we remain on track to deliver an updated mineral resource estimate in 2Q2017.” Infill drilling reported at the Eau Claire deposit in this news release includes 11 drill holes (3,780 m) to a maximum vertical depth of 270 m. A total of 34 drill holes (10,905 m) are now complete. Drilling to date is successfully developing vein continuity within the mineral resource and improving the known grade thickness within the eastern 450 West zone. (See Figures 1,3,4) Mineralization remains open at depth and to the east. | |
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