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Eastmain Resources Inc. (TSX:ER) is pleased to announce that
drilling at its wholly-owned Clearwater Project, located in James Bay
Quebec, continues to significantly expand the 850 West Zone of the Eau
Claire gold deposit. 2011 drilling to date has intersected multiple
sets of gold-bearing, quartz-tourmaline veins and alteration zones over
wide intervals, within an area 300 metres-long,
to a vertical depth of 200 metres. Visible
gold has been intersected in 10 of 27 holes drilled to date, and is
particularly abundant within Vein 12.
15 drill holes have intersected
Vein 12 (V12) over a strike-length of 200 metres,
at an average depth of about 150 metres from
surface. Drill hole 298, collared at 1040
West, intersected 2.7 metres containing more
than 50 grains of visible gold, at 140.2 metres
depth. Drill hole 303, collared 25 metres
west of 298, intersected a 9.0-metre-wide interval of V12 containing
more than 100 grains of visible gold and multiple grains of tellurides, at 144.5 metres
down the hole. Drill hole 305, collared
25 metres west of 303, intersected a 10.1-metre-wide
interval of V12 at 136.2 metres. This
interval contains over 45 clusters, totaling more than 160 grains,
of visible gold. Drill hole 310, collared 25 metres
north of 305, intersected a 5.9-metre-wide interval of V12, at a depth
of 176.3 metres, which contains a total of
approximately 40 grains of visible gold in multiple clusters, 40 metres vertically below hole
305. Visible gold appears throughout several intersections as
fine-grained gold grains from 0.10 to 1.50 mm in size. Arranged as
individual grains and clusters of gold grains, visible gold occurs in
both quartz-tourmaline veins and the adjacent altered rocks.
Collared 50 metres
west of 305, drill hole 307 intersected a
narrow quartz-tourmaline vein coinciding with the V12 target horizon.
More importantly however, this hole intersected a new discovery known
as the "Sophie Vein". In this drill hole, the Sophie Vein
comprises four quartz-tourmaline veins containing visible gold over a
core length of 5.0 metres, at a depth of
331.6 metres. No previous drilling had ever
been undertaken in this area. Assays are pending for holes 292 to 310.
Quartz-tourmaline veins within
the 850 West Zone are very comparable to those
delineating the main zone of Eau Claire (450 West Zone). However, the
vein orientation has changed. Veins in the 850 West Zone appear to have a near vertical dip and a
northeasterly strike, whereas those in the 450 West Zone run east-west
and dip about 45� south. Both Vein 12 and the Sophie Vein are open laterally
and at depth. Drilling will continue to test the 850 target zone, which
is wide open to the west and at depth.
A second drill is now testing
the "Gap Zone", a 200-metre-wide area lying between the main
body of the Eau Claire gold deposit and the 850 West Zone.
Current trenching has uncovered
the "Rebecca Zone," a 10-metre-wide interval containing
multiple quartz-tourmaline veins and alteration zones south of Vein 12.
This newly discovered target area has never been drill-tested. (visit www.eastmain.com for project maps)
"Our 2011 work program has
been successful in expanding near surface and depth potential of gold
resources at Eau Claire, well west of any previous drilling,"
according to Dr. Robinson, President and CEO of Eastmain. "Recent
drilling and trenching have discovered impressive thicknesses of
gold-bearing veins, (up to 10 metres), in our
first phase of drilling into the western extension of the 850 West
Zone, over 300 metres west of previous work.
The gold-rich vein system here is similar in structure and mineralogy
to the main Eau Claire deposit (450 West Zone) and is open laterally
and at depth. This new drilling could significantly expand the gold
resources at Eau Claire."
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.
About Eastmain Resources Inc. (TSX:ER)
Eastmain is a Canadian gold
exploration company with 100% interest in the Eau Claire and Eastmain
gold deposits which together contain 632,000 ounces of gold in Measured
& Indicated resources1), 255,750 ounces gold in
Historical Measured and Indicated resources4) plus 1,020,000
ounces of gold in Inferred resources2). The Corporation has
$20.5 Million in its treasury and holds a pipeline of exploration
projects within the James Bay District, including the Eleonore South property, which lies immediately
south of Goldcorp's multi-million-ounce Eleonore
property. Eastmain has allocated $10 million for exploration of its key
gold projects in Quebec for 2011. Work will include 46,000 metres of
drilling.
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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