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Eastmain Resources Inc.
Summary
| Project: | Eleonore | |
|---|---|---|
| Deposit: | Eleonore South | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 18-7-2018: Eastmain Resources Inc. announces an Exploration/Drilling Update report for its Eleonore South deposit at the Eleonore project. Drilling results incl. 7m @ 42.4g/t Au from 14m. TORONTO, July 18, 2018 -- Eastmain Resources Inc. (“Eastmain” or th | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: William McGuinty (Internal) | |
| ABSTRACT: | TORONTO, July 18, 2018 -- Eastmain Resources Inc. (“Eastmain” or the “Company”) (TSX:ER) (OTCQX:EARNF) is pleased to announce the receipt of assay results from 32 drill holes totalling 5,449 m completed during the winter drilling campaign at the Éléonore South Joint Venture (ESJV) Property (Eastmain-Goldcorp-Azimut). This phase completes the H2/2017-H1/2018 diamond drilling program of 50 holes for a total of 9,892 m. Located in the James Bay region of Quebec, Eleonore South is adjacent to the property that hosts the Éléonore gold mine owned and operated by Goldcorp (see Figure 1). Surface exploration and diamond drilling on the Éléonore South property since 2016 (76 holes totalling 15,134 m) have uncovered a large gold-bearing system extending least 2 km in length and 600 to 700 m in width, within a tonalite intrusion in close proximity to the contact with overlying metasedimentary rocks containing: The JT Prospect is a sediment-hosted gold-bearing zone discovered in 2006 situated in stratigraphy at the contact with the tonalite intrusion, 2.5 km to the west of current exploration. Results from 2008 drilling indicate that the tonalite is also mineralized in this area. The JT Prospect and related stratigraphy near the tonalite contact extends the highly prospective zone to a semi-circular shape of approximately 5.5 km in length with considerable upside exploration potential. Table 1 below reports highlights of the winter drilling campaign. Table 2 provides additional assay results. Table 3 provides drill hole location data. See Figure 2 and Figure 3 for location of drill holes. | |
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