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Eastmain Resources Inc.
Summary
| Project: | Eleonore | |
|---|---|---|
| Deposit: | Eleonore South | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/17/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 17-12-2018: Eastmain Resources Inc. announces an Exploration/Drilling Update report for its Eleonore South deposit at the Eleonore project. Drilling results incl. 6.2m @ 14.7g/t Au from 164.8m. TORONTO, Dec. 17, 2018 -- Eastmain Resources Inc. (“Eastmain” | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Daniel Turgeon (Internal) | |
| ABSTRACT: | TORONTO, Dec. 17, 2018 -- Eastmain Resources Inc. (“Eastmain” or the “Company”- TSX:ER, OTCQX:EANRF) announces drill assay results from 14 holes (4,285 m) in the Fall 2018 Exploration Program at the Éléonore South Joint Venture Property (“ESJV”) located in James Bay, Quebec (see FIGURE 1). Results are pending on 10 additional drill holes (approximately 3,000 m). Early drilling focused in the eastern section of the Contact Trend at Éléonore South, and successfully identified and extended the known gold mineralization (see FIGURES 2 and 3). Several intercepts also identified high-grade gold mineralization in relation to lamprophyre dykes within the system. Drilling also intersected mineralization northwards from the Contact Trend into a more central portion of the Cheechoo tonalite, within the large gold bearing system which extends at least 2 km long, and 600-700 m wide. Claude Lemasson, Eastmain President & CEO, stated: “We are pleased with the progress made to date at the Moni/Contact Trend discovery. Since 2016, a total of 90 drill holes have identified significant shallow tonalite-hosted gold mineralization within this large gold-bearing system. These latest results indicate the extension of the system as predicted, with the potential to extend an additional 3 km to the JT Prospect along the semi-circular trend to the west.” Continuation of the Fall 2018 Drill Program The balance of the Fall 2018 Drill Program comprises an additional 3,000 m of drilling for a total of 7,000 m completed by year end, targeting the western edge of the Contact Trend at the JT Prospect and testing structural interpretations in the Moni Trend. An additional hole has recently been completed to the SW of hole ES18-133 to test for an extension of the high-grade gold interval (14.7 g/t Au over 6.2 m) associated with a lamprophyre dyke intercepted in this hole. Future exploration will include exploring the relation of gold mineralization to the lamprophyre dykes within the system. | |
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