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NEWS RELEASE
TSX Symbol: ER
 July 14, 2010
 

Eastmain Mine A Zone Drilling

7.5 grams per tonne Au over 7.83 metres

 
Eastmain Mines Inc., a wholly-owned subsidiary of Eastmain Resources Inc. (TSX:ER), announces assay results for the first five drill holes completed into the A Zone of the Eastmain Gold Deposit. Hole EM10-04 intersected a 7.83-metre-wide distinct sequence of altered gold-silver-copper-bearing rocks grading 7.51 g/t gold. This intersection, which occurs from 320.3 to 328.2 metres depth, includes 14.29 g/t gold over 3.93 metres and 61.4 g/t gold plus1.07% copper over 0.73 metres, within the A Zone Mine horizon. This interval lies approximately 50 metres northwest of historic hole 332002, and approximately 50 metres due west of historic hole 83CH004 which assayed 14.3 g/t Au (0.42 oz/ton) across 8.64 metres and 14.73 g/t gold over 5.19 metres respectively.

 

An 11,000-metre drill program is in progress with the objectives of expanding both the lateral and vertical limits of the known A, B and C Zones of the Eastmain Gold Deposit, and drill testing a number of geophysical and geochemical targets elsewhere on the property. Four of five drill holes completed within the A Zone have intersected mine series rocks as follows:

 

Hole ID

From (m)

To

 (m)

Length (m)

Au

g/tonne

Ag

g/tonne

Cu %

Zone

EM10-02

322.67

327.48

4.81

1.78

6.89

0.07

A

incl.

323.18

325.28

2.10

3.35

9.37

0.01

A

 

 

 

 

 

 

 

 

EM10-03

279.7

287.14

7.44

3.73

4.26

0.14

A

incl.

281.5

285.0

3.47

7.54

7.46

0.22

A

 

 

 

 

 

 

 

 

EM10-04

320.3

328.2

7.83

7.51

3.49

0.24

A

incl.

320.3

324.2

3.93

14.29

5.95

0.44

A

incl.

321.2

321.9

0.73

61.4

10.6

1.07

A

 

 

 

 

 

 

 

 

EM10-05

238.53

239.05

0.53

1.93

2.17

-

A

 

243.3

244.13

0.83

1.97

1.33

-

A

Notes:

Visible gold observed in EM10-05 and multiple grains of visible gold in EM10-04 still remain in the core tray, and therefore may not be reflected in these analysis.

 

True widths are estimated at 95% of intersection length.

 

The A and B Zones occur within altered "Mine series" rocks, that have been traced through drilling for more than one kilometre in length and to a vertical depth of approximately 300 metres. The Mine series consists of a 20- to 40-metre-wide sequence of highly altered volcanic tuffs, ranging from rhyolite to basalt in composition, intermixed with siliceous or cherty layers containing accessory chalcopyrite, pyrrhotite and locally abundant fuchsite, which is common in Archean gold deposits. The A Zone is also associated with highly altered ultramafic volcanic rocks, sandwiched between a series of pillowed mafic flows. Biotite-altered mafic flows containing minor amounts of pyrrhotite and chalcopyrite, positioned adjacent to Mine series rocks, are a future bulk-tonnage exploration target geologically similar to the Hanging-wall Zone at the Detour
Lake gold deposit, located in Northwestern Ontario.

 

Nine drill holes, EM10-6 to EM10-14 were completed well outside the limits of the deposit area to test geophysical conductors elsewhere on the property. No significant assays have been detected in these regional holes to date. Current drilling will continue to focus on testing the A, B and C Zones.

 

Dr. Donald J. Robinson, President and CEO of Eastmain stated, "We are excited to be drilling our second 100%-owned gold deposit, located within the James Baydistrict of Quebec. The EastmainMine project is an excellent high-grade, polymetallic gold deposit with substantial upside potential. Initial drilling within the A Zone has expanded the limits of the deposit over significant intervals. Important rock alteration in the form of biotite with minor copper and iron sulfides (chalcopyrite and pyrrhotite respectively) within rock assemblages adjacent to the main Mine horizon, indicate strong potential for an additional larger bulk-tonnage-type gold deposit target. Surface exploration in the form of detailed structural mapping and prospecting will continue along the Mine horizon northwest of the gold deposit".

 

Dr. Donald J. Robinson P..Geo, is the Qualified Person for the information contained in this press release and is a Qualified Person within the meaning of National Instrument 43-101. Chemical analysis for the drilling was completed by ALS CHEMEX Laboratories using a 50-gram split for multi-element and gold ICP analysis. Samples grading over 500 ppb are analyzed by fire assay techniques with and atomic absorption finish. Samples greater than 10 grams are then fire-assayed with a gravimetric finish. Internal standards provided by an independent company and blank samples were inserted for quality control purposes. Assay samples are taken from NQ core, sawed in half along the core axis; one half is sent to ALS Laboratories and the other half retained for future reference.

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 has $21 Million in working capital and holds an interest in 12 projects within the James Bay District, including the Eleonore South property, which is contiguous with the property hosting Goldcorp's Roberto deposit. Eastmain has allocated a budget of $7.5 million for gold exploration in Quebec for 2010.

 
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.
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks. Actual events or results could differ materially from the Company's expectations and projections.   
"Building for tomorrow, today."
Forward email


Eastmain Resources Inc. | 50 Richmond St. East | Suite 101 | Toronto | Ontario | M5C 1N7 | Canada
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Eastmain Resources Inc.

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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
In the News and Medias of Eastmain Resources Inc.
6/15/2010Hires SRK to prepare new Eau Claire gold resource estimate
Annual reports of Eastmain Resources Inc.
2008 Annual Report
2007 Annual report
2006 Annual report
Financings of Eastmain Resources Inc.
12/31/2012Closes $3M Private Placement Financing With Goldcorp Inc.
12/22/2012arranges $3M Private Placement Financing with Goldcorp Inc.
12/2/2011Completes $5.75M Private Placement Financing
12/31/2010$ 178,250 Private Placement & Drilling Update Eau Claire
12/7/2010Completes Private Placement
11/9/2010Announces Private Placement
9/15/2010Closes Private Placement
8/24/2010Eastmain Resources Inc. Announces Private Placement Financin...
8/24/2010Announces Private Placement
12/30/2009Private Placement
7/3/2008Announces Closing Private Placement 11,447,000 Units
Financials of Eastmain Resources Inc.
9/16/2008Third Quarterly Report as at July 31 2008
3/14/2008First Quarterly Report - January 31 2008
Project news of Eastmain Resources Inc.
3/22/2013(Radisson)Honey Badger to Begin Drilling on Eastmain's Radisson Projec...
8/11/2011(Clearwater / Eau Claire)Visible gold in 10 drill holes as drilling continues to expa...
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...
1/13/2011(Eastmain Gold Mine)Mine Drilling 16.32 grams Gold per tonne over 5.5 metres inc...
10/7/2010(Clearwater / Eau Claire)New High-grade veins & Bulk tonnage targets at Clearwater
9/24/2010(Eastmain Gold Mine)Mine B Zone Drilling 12.2 grams per tonne Au over 9.5 metres
9/21/2010(Eleonore South)Eleonore South JV Project Drill Program Underway
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...
5/6/2009Eau Claire Drilling Intersects Exceptional High-Grade Gold
4/16/2009(Eleonore South)Eleonore South JV Project 3,500m Drill Program & $1.6M Budge...
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
10/30/2008Eau Claire Gold Deposit - First 20 drill holes hit 51 inters...
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 ...
5/19/2006(Eastmain Gold Mine)Eastmain Resources to Acquire Eastmain Gold Mine
Corporate news of Eastmain Resources Inc.
4/16/2013Infrastructure Improving at Eastmain's Gold Deposits
3/28/2013Adopts Advance Notice By-Law
11/8/2012Clearwater Project High-Grade Gold Extends Below Soccer Fiel...
10/11/2012Reports Updated NI 43-101 Mineral Resource Estimate for Eau ...
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...
4/21/2009Visible gold intersected in 27 veins - Eau Claire Winter Dri...
3/12/2009in the News
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
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TORONTO (ER.TO)Other OTC (EANRF.PK)
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