Eastmain
Mine Drilling
16.32
grams Gold per tonne over 5.5 metres
incl.
101 grams Gold per tonne over 0.5 metres
Eastmain
Mines Inc., a wholly-owned subsidiary of Eastmain Resources Inc.
(TSX:ER), announces assay results for the 2010 drill program
completed on its Eastmain Mine property, located in James Bay, Quebec.
Significant multi-gram gold-silver-copper mineralization was
intersected in each of the A, B and C Zones within the Eastmain Mine
deposit (See web site for Table 1).
Highlights
from the B Zone include: 12.16 grams gold per tonne over 9.5 metres in
hole EM10-28; 18.75 grams gold per tonne over
2.0 metres in hole EM10-29; 16.27 grams gold
per tonne over 1.5 metres
in hole EM10-36 and 16.32 grams gold per tonne
over 5.5 metres in hole EM10-38, which
includes a 3.5-metre interval of 25.16 grams gold per tonne plus 0.58% copper and 101 grams gold over a
half metre.
Significant
intersections within the A Zone include: 7.51 grams gold per tonne over 7.83 metres
(hole EM10-04); 3.33 grams gold per tonne
over 7.6 metres in hole EM10-19 and a
3.5-metre interval in hole EM10-22 containing 1.2 grams gold per tonne plus 1.54% copper. Drill hole
EM10-46 intersected 16.8 grams gold over 0.5 metres
within the C Zone, while wide zones of anomalous gold were
discovered on the property five kilometers northwest of the deposit
area, in drill holes EM10-12 and 13.
Forty-six drill holes totaling
14,584 metres were completed during the 2010
program to expand the known limits of the A, B and C Zones laterally
and vertically within the Eastmain deposit, to define controls on gold
mineralization, and to test the "mine horizon" regionally on
the property. The three designated zones of the Eastmain Mine deposit
(A, B and C) have a known mineralized footprint extending for a length
of 1.8 kilometres, to a vertical depth of 300
metres. However, the favourable mine trend has been delineated for more
than 10 kilometres across the property.
A minimum $3-million exploration
program has been allocated to the project for 2011, commencing with a
6,750-metre winter diamond drill program targeting the extension of
known deposit mineralization.
Dr. Donald J. Robinson,
President and CEO of Eastmain stated, "The Corporation owns two
high-grade gold deposits within the James Bay district of Quebec, one
of the most favourable mining districts in
the world. The Eastmain Mine project is an excellent high-grade, polymetallic gold deposit with multi-million ounce
gold potential. Our strategy is to expand the known gold resources
through drilling and continue searching for another discovery along the
mine trend."
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 $24 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 $9 million for gold
exploration in Quebec for 2011.
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.
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