Eastmain Resources Inc.

Published : February 05th, 2014

Announces High Grade Assays at the Eau Claire Gold Deposit

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Eau | Gold |
ER HEADER
Eastmain Resources TSX: ER 
February 05, 2013
 

 Clearwater Project - Eau CLAIRE GOLD DEPOSIT

Hole 520 - 9.69 g/t Au and 15.88 g/t Te over 10.0 metres

Hole 524 - 131.48 g/t Au and 224.75 g/t Te over 2.0 metres

 

Eastmain Resources Inc. (TSX:ER) announces more drill assay results from 2013 drilling on its wholly-owned Clearwater Project, located in the James Bay region of Quebec. Assay highlights from drill holes 513 to 531, include 38 intersections with an average grade of 15.8 g/t Au and 22.2 g/t Te over an average thickness of 3.83 metres. Multiple, exceptional gold-bearing intersections, with respect to both grade and thickness, were intersected in these drill holes.
 
2013 drilling focused on delineation of the upper 300 metres of the 450 West Zone, resulting in 122 gold-bearing intersections, with an average grade of 10.8 g/t Au and 14.1 g/t Te over an average width of 4.25 metres. Sixty-six gold-bearing intercepts from 2013 drilling have an average grade of 15.46 g/t Au and 20.65 g/t Te across an average thickness of 5..50 metres, confirming the high-grade character of the Eau Claire gold deposit.These intersections exceed the current cut-off parameters for the Eau Claire deposit resource.  Click here for Maps and Images

450 West Zone Drill Highlights

The 2013 drill program was successful in confirming both lateral and vertical continuity of the Eau Claire gold-quartz-tourmaline vein system, while delineating thicker, higher-grade gold zones within the deposit. A complete summary of significant assay results from holes 513 to 531 is listed and illustrated on our website. Click here for the complete Drilling Summary  Highlights from five exceptional drill holes are listed in Table 1 below. These comprise thick gold-bearing intervals of up to 10 metres in width with grades of up to 9.69 g/t Au (hole 520), and bonanza feeder-vein intersections of up to 131.48 g/t Au over two metres, which includes a half-metre interval of up to 257.0 g/t Au (hole 524).

 

2013 drilling also delineated 39 quartz-tourmaline feeder veins with an average grade of 24.7 g/t Au and 32.4 g/t Te over an average thickness of 1.73 metres. A number of wider gold-bearing zones, such as the interval of altered and mineralized host rock containing an average of grade 8.25 g/t Au over 9.0 metres in hole 522, were intersected during the program. This interval was also crosscut by three 0.5-metre-wide, high-grade feeder veins grading 21.8, 32.8 and 65.6 g/t Au respectively. The 10-metre-wide F Vein found in drill hole 520 was also enriched with very high-grade feeder-vein material ranging from 31.6 to 58.9 g/t gold.  Assay data is pending for three remaining holes (532 to 534).

According to Dr. Robinson, "It has been our thesis that increasing the drill density at Eau Claire would not only better define the gold-grade distribution, but show an increase in the overall metal endowment of the deposit. Our 2013 definition drill program supports this thesis. By decreasing drill spacing from 100- by 100-metre centres to 25- by 50-metre centres, we have not only better defined the continuity of gold mineralization within the deposit area, but have also intersected a number of exceptionally wide and high-grade zones, which were previously unknown.''

 

Logging and sampling is in progress for the final three drill holes, CW13-532 to 534. Upon completion, results will be integrated into a revised geological model. Drill holes 501 and 524 -10.94 g/t Au over 12.0 metres and 131.48 g/t Au over 2.0 metres
respectively - will be on display at the PDAC Core Shack March 2nd and 3rd, booth 5026, 700 Level, Metro Toronto Convention Centre South Building. 

 

Dr. Donald J. Robinson, P. Geo., President and Chief Executive Officer of Eastmain, Qualified Person under National Instrument 43-101 reviewed and approved the technical data presented in this press release.

Table 1: Assay Highlights

Hole ID

From (m)

To (m)

 Length (m*)

Au (g/t)

Te (g/t)

VEIN ID

ER13-520

230.5

240.5

10.00

9.69

15.88

F

incl.

237.5

240.0

2.50

32.28

55.01

 

ER13-521

249.0

251.0

2.00

59.44

89.67

F

incl.

250.5

251.0

0.50

217.00

326.00

 

ER13-522

265.0

274.0

9.00

8.25

11.53

G1

incl.

265.5

266.0

0.50

65.60

95.10

 

incl.

272.5

273.0

0.50

21.80

29.00

 

incl.

273.5

274.0

0.50

32.80

41.50

 

ER13-524

256.5

258.5

2.00

131.48

224.75

F

incl.

256.5

257.0

0.50

25.50

31.50

 

incl.

257.0

257.5

0.50

163.00

305.00

 

incl.

257.5

258.0

0.50

257.00

430.00

 

incl.

258.0

258.5

0.50

80.40

132.50

 

ER13-525

220.5

222.0

1.50

53.58

61.54

D

incl.

221.0

221.5

0.50

153.00

174.00

 

Note: * Vein thickness approximates true width; (g/t) - grams per tonne; (m) - metres

Chemical analysis was completed by ALS CHEMEX Laboratories on 0.5-to 1.0-metre HQ drill core samples. All sample material is crushed; one kg is split and pulverized. A 50-gram spilt is analyzed using multi-element ME-MS, gold ICP, AA, Fire Assay and gravimetric techniques. Internal standards provided by an independent company and blank samples were inserted for quality control purposes.

About Eastmain Resources Inc. (TSX: ER)
Eastmain is a Canadian gold exploration company with 100% interest in the Eau Claire and Eastmain gold deposits. The Corporation holds a pipeline of exploration projects within the James Bay District, including the Eleonore South property.The Corporation has sufficient working capital to continue its exploration programs for the foreseeable future.
Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Eastmain, including, but not limited to the impact of general economic conditions, industry conditions, dependence upon regulatory approvals and the availability of financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements

For further information please contact Eastmain Resources Inc.: Dr. Donald J. Robinson, President or Catherine Butella, Exploration Manager at (519) 940-4870, fax (519) 940-4871, by e-mail: info@eastmain.com or visit our website at www.eastmain.com

Explorer Brochure
"Building for tomorrow, today!"
Forward this email


Eastmain Resources Inc. | 36 Toronto St. | Suite 1000 | Toronto | Ontario | M5C 2C5 | Canada
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Eastmain Resources Inc.

EXPLORATION STAGE
CODE : ER.TO
ISIN : CA27743M1068
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Eastmain Res. is a gold and lead exploration company based in Canada.

Eastmain Res. holds various exploration projects in Canada.

Its main exploration properties are EASTMAIN GOLD MINE, KIDD (BUTTERWORTH) - EASTMAIN, TINGLEY BROOK, ROAD KING, RUBY HILL (EASTMAIN), ELEONORE SOUTH, DYNA, LAC ELMER, LAC HUDSON, RADISSON, ABITIBI EXTENSION, AKWESKWA, LIDGE, MEGATEM, OTTER BROOK / ROCKY LAKE, RAILROAD, RESERVOIR and CLEARWATER / EAU CLAIRE in Canada.

Eastmain Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 48.2 millions as of today (US$ 36.8 millions, € 31.1 millions).

Its stock quote reached its highest recent level on January 07, 2011 at CA$ 2.17, and its lowest recent point on April 03, 2020 at CA$ 0.06.

Eastmain Res. has 175 430 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate Presentations of Eastmain Resources Inc.
10/16/2009Eric Lemieux, LBS, "Golden Opportunities Giving Positive Out...
9/25/2009Raising Target to $2.20 on Golden Opportunities
Annual reports of Eastmain Resources Inc.
2008 Annual Report
2007 Annual report
2006 Annual report
Financings of Eastmain Resources Inc.
11/15/2013Arranges Private Placement
12/2/2011Completes $5.75M Private Placement Financing
8/24/2010Announces Private Placement
12/30/2009Private Placement
7/3/2008Announces Closing Private Placement 11,447,000 Units
Nominations of Eastmain Resources Inc.
12/20/2013Appoints Serge Bureau to New Advisory Board Position
9/17/2013Appoints New Director and New District Geologist
9/17/2013Appoints New Director, New District Geologist
Financials of Eastmain Resources Inc.
9/16/2008Third Quarterly Report as at July 31 2008
Project news of Eastmain Resources Inc.
12/31/2013Clearwater Project - Eau Claire Deposit Exploration Update
12/14/2013Season's Greetings from Eastmain Resources
8/9/2013Analysts on Exploration Update in James Bay - Eastmain Resou...
4/24/2013Trenching and Prospecting Expand Eau Claire Deposit Footprin...
3/22/2013(Radisson)Honey Badger to Begin Drilling on Eastmain's Radisson Projec...
1/17/2013Clearwater Project: Eau Claire Gold Deposit Drilling
11/8/2012Clearwater Project: High-Grade Gold Extends Below Soccer Fie...
9/27/2012Purchases Royalty on Eastmain Mine
9/24/2012at the 2012 Toronto Resource Investment Conference
5/10/2012Meet the management of Eastmain Resources Inc at the 2012 Ne...
4/13/2012Clearwater Drilling Underway Visible Gold North of Resource ...
2/28/2012(Radisson)Honey Badger Defines Drill Targets on Radisson Option
2/2/2012Incease in Target - Macquarie Picks Eastmain Resources
1/6/2012Macquarie Picks Eastmain Resources
12/30/2011Exploration Update for 2012
12/15/2011Season's Greetings from Eastmain Resources
9/12/2011Join Eastmain Resources at the 2011 Toronto Resource Investm...
9/6/2011Clearwater Project New Discoveries and Assays
9/6/2011Cleawarer Project New Discoveries and Assays
8/27/2011Struthers' Resource Stock Report
8/17/2011(Radisson)Options Radisson Project to Honey Badger Exploration Inc
8/11/2011(Clearwater / Eau Claire)Visible gold in 10 drill holes as drilling continues to expa...
7/29/2011Mine Project Drilling Underway
7/6/2011CLEARWATER PROJECT \342\200\223 DRILLING UPD...
5/23/2011(Clearwater / Eau Claire)Clearwater Project-Drilling Update Quartz-Tourmaline Veins W...
4/26/2011(Clearwater / Eau Claire)Reports Updated NI 43-101 Mineral Resource Estimate for Eau ...
3/24/2011(Clearwater / Eau Claire)Purchases Clearwater Royalty
3/22/2011(Eastmain Gold Mine)Quebec Approves Northern Plan Investment-Route 167 Extension...
2/11/2011(Clearwater / Eau Claire)Clearwater Project Exploration drill results, Infill & Compo...
7/8/2010(Eastmain Gold Mine)Mine A Zone Drilling 7.5 grams per tonne Au over 7.83 metres
6/15/2010(Clearwater / Eau Claire)SRK Consulting retained to prepare NI 43-101 for Eau Claire ...
6/1/2010(Eleonore South)Eleonore South JV Project Drill Program & Budget Approved
4/14/2010(Eastmain Gold Mine)Eastmain Mine Property Drill Program
1/7/2010(Eleonore South)Eleonore South JV Project 1-km-long Gold Halo
12/3/2009Eau Claire Assays & Metallurgy 35 High Grade Gold-Tellurium ...
9/24/2009(Clearwater / Eau Claire)New gold target: 254 g/t Au, 640 g/t Ag & >500 g/t Te High-G...
9/1/2009(Eleonore South)Eleonore South JV Project Drill Program in Progress
8/25/2009(Eastmain Gold Mine)Exploration Underway at Eastmain Mine
7/17/2009(Radisson)Drilling Underway at Eau Claire Gold Deposit - Exploration W...
2/17/2009(Clearwater / Eau Claire)Definition Drilling Continues at Eau Claire - Metallurgical ...
1/21/2009(Eleonore South)Goldcorp to participate in future exploration at Eleonore So...
12/18/2008(Clearwater / Eau Claire)Eau Claire: 17.99 g/t Au over 4.7 m in T Vein series - 100 v...
12/10/2008(Megatem)Megatem Project Drilling Underway
9/12/2008(Clearwater / Eau Claire)Visible Gold in another 50 veins at Eau Claire Discovery of ...
8/1/2008Eau Claire Gold Deposit Drilling Underway - Visible Gold in ...
6/12/2008(Clearwater / Eau Claire)Eau Claire Gold Deposit 100 Drill Intersections Average 28.0...
4/2/2008(Clearwater / Eau Claire)Eau Claire Gold Deposit VG samples average 70.74 g/t Au, up ...
Corporate news of Eastmain Resources Inc.
4/8/2016Integra Gold Corp. Announces Strategic Investment in Eastmai...
3/28/2016Columbus Gold Announces Steps To Unlock Value For All Shareh...
10/14/2015Eastmain Resources Inc. Corporate Update
10/8/2015Eastmain Receives "Discovery of the Year" Award for Its Eau ...
10/2/2015Eastmain Appoints Dr. Laurence Curtis Director and Chairman ...
9/15/2015Lac Lessard Project Nickel Sulphide Mineralization Confrimed...
8/4/2015In Memoriam: Ian Bryans 1953 - 2015
7/9/2015Eastmain Awards Contract for Preliminary Economic Assessment...
4/1/2015Eastmain Resources Inc.: Clearwater Project; Eau Claire Bloc...
4/1/2015Clearwater Project; Eau Claire Block Model Resource Estimate
3/12/2015Not Aware of Reason for Increase in Market Activity
3/12/2015Eastmain Resources Inc. Not Aware of Reason for Increase in ...
2/11/2015Clearwater Project Encouraging Early-Stage Results at Clovis...
1/27/2015Eastmain Resources Inc.: 2015 Corporate Update-$4M Explorati...
12/16/2014Eastmain Resources Inc.: Clearwater Project Drilling at Clov...
11/19/2014Eastmain Options Lac Lessard to Darnley Bay for $2.5M
11/14/2014Eastmain Resources Inc.: Clearwater Project; Boomerang Showi...
10/21/2014Eastmain Resources Inc.: Clearwater Project-Exploration and ...
10/1/2014Eastmain Resources Inc.: Lac Lessard Project Nickel-Copper-P...
9/26/2014Four High-Grade Gold Targets Confirmed at Eastmain Mine
5/22/2014Eastmain Resources Inc.: 2014 Exploration Activities Update
4/30/2014Eastmain Reports Voting Results from Annual General Meeting
2/24/2014J. Taylor's New Buy Recommendation: Eastmain Resources Inc.
2/21/2014at the 2014 "PDAC"
2/5/2014Announces High Grade Assays at the Eau Claire Gold Deposit
11/9/2013at the 2013 AEMQ Quebec Mining Exploration Conference
11/8/2013Clearwater - Eau Claire Deposit Hole 490 6.38 g/t Au, 10.14...
10/24/2013Clearwater Project-EAU Claire Deposit High Grade Gold Trench...
10/9/2013In Memoriam: William L. Koyle 1940-2013
9/10/2013in the News
8/6/2013Exploration Program Update for James Bay, Quebec
7/12/2013(Radisson)Honey Badger drills four targets at Radisson Project
7/8/2013Fires In James Bay Quebec Cause Evacuations
7/8/2013Evacuation Due to Fires in James Bay, Quebec
4/16/2013Infrastructure Improving at Eastmain's Gold Deposits
3/28/2013Adopts Advance Notice By-Law
1/24/2013Analyst Consensus Unanimous
1/16/2013at the 2013 Vancouver Resource Investment Conference
11/13/2012at the 2012 San Francisco Hard Asset Conference
11/8/2012Clearwater Project High-Grade Gold Extends Below Soccer Fiel...
10/11/2012Reports Updated NI 43-101 Mineral Resource Estimate for Eau ...
9/17/2012at the 2012 Chicago Hard Asset Conference
8/24/2012Clearwater Project Update - Visible gold in 18 vein intersec...
8/24/2012Clearwater Project
7/16/2012Clearwater Project Update - New high-grade gold vein (T10 Ve...
7/16/2012Clearwater Project Update
5/28/2012at the 2012 Vancouver World Resource Conference
5/16/2012interviewed on the Ellis Martin Report
5/15/2012on CEO Clips on the Documentary Channel
4/25/2012Mine Project Drill Results
4/23/2012interviewed on the Ellis Martin Report
4/17/2012Still a Top Pick
4/13/201240,000-m Drill Program Underway at Eau Claire, Clearwater Pr...
2/13/2012Clearwater Continues to Grow!
2/9/2012Clearwater 850 Zone 16.4g/t Gold accross 13.5m
2/9/2012Clearwater Project
1/19/2012Picked by Laurentian
1/4/2012to Outperform - Rodman & Renshaw
12/30/2011Allocates $10 Million for 2012 Exploration in James Bay, Que...
9/18/2011featured in The Struthers' Resource Stock Report Sept 12, 20...
9/7/2011Macquarie Equities Research: 850 Zone Delivers High Grade.
9/6/2011Clearwater Project
8/26/2011featured in The Struthers' Resource Stock Report
8/11/2011Clearwater Project-Drilling Continues to Expand the 850 West...
7/26/2011The Gold Report Interview with Eric Lemieux
7/13/2011Rodman & Renshaw has initiated coverage of Eastmain Resource...
7/6/2011Clearwater - Gold bearing veins confirmed at 850 West Zone
7/6/2011Clearwater Project-Drilling Update
6/3/2010Mine Property Drilling Update Visible Gold in A-Zone
2/26/2010Closes Placement
1/16/2010Peter Grandich comments on Eastmain Resources on Market Call...
1/21/2010Eau Claire Assays & Metallurgy Up to 12.07 g/t Au over 5.5 m...
11/19/2009Mine Property Anomalous gold detected along 6-km trend.
11/13/2009Eau Claire Drill Assays Multiple Half-Ounce Vein Intercepts
8/11/2009Roger Wiegand, Analyst: Eastmain is among the higher quality...
7/15/2009Peter Grandich picks Eastmain as his favorite in Quebec - th...
6/19/2009Added to New Junior Gold Index
6/11/2009in the News
6/4/2009Peter Grandich Picks Eastmain Resources on Market Call Tonig...
5/27/2009Research Updates and Interviews Confirm Advances at Eastmain...
2/27/2009Al Korelin of the Korelin Economic Report interviews Eastmai...
1/9/2009Research Updates Highlight Advances at Eastmain Resources
9/12/2008Research Updates Confirms Advances at Eau Claire/Clearwater
7/11/2008Ruby Hill Project - Drilling Underway
4/3/2008Laurentian Increases Recommendation
3/20/2008Drilling underway at Eleonore South
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (ER.TO)Other OTC (EANRF)
0.275+10.00%0.184-0.54%
TORONTO
CA$ 0.275
10/09 16:57 0.030
10%
Prev close Open
0.250 0.250
Low High
0.250 0.275
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.275 -%
Volume 1 month var.
2,105,459 -%
24hGold TrendPower© : -35
Produces
Develops
Explores for Copper - Gold - Iron - Lead - Nickel - Platinum - Silver - Sulphur - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2020175.00%0.320.06
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.95+0.11%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54+0.19%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.65-1.49%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.97+2.37%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+2.63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.93+3.21%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.26-0.67%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :