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eastmain resources inc (EM5) Details

Eastmain Resources Inc., together with its subsidiary, Eastmain Mines Inc., is engaged in the acquisition, exploration, and discovery of mineral resource properties in Canada. It primarily explores for gold, silver, and copper. The company focuses on gold exploration in the James Bay Region of Northern Québec. It holds 100% interest in the Eau Claire and Eastmain gold deposits, as well as interests in 10 other properties covering 120,000 hectares. Eastmain Resources Inc. was incorporated in 1982 and is based in Mono, Canada.

20 Employees
Last Reported Date: 01/29/14
Founded in 1982

eastmain resources inc (EM5) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$226.8K
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

eastmain resources inc (EM5) Key Developments

Eastmain Resources Inc. Presents at NIBA New York Investment Conference, Jun-17-2014

Eastmain Resources Inc. Presents at NIBA New York Investment Conference, Jun-17-2014 . Venue: The Roosevelt Hotel, 45 E. 45th Street, New York, New York, United States.

Eastmain Resources Inc. Presents at 2014 New York Metals & Minerals Investment Conference, May-12-2014 through May-13-2014

Eastmain Resources Inc. Presents at 2014 New York Metals & Minerals Investment Conference, May-12-2014 through May-13-2014. Venue: New York Marriott Marquis, 1535 Broadway, New York NY 10036, United States. Presentation Date & Speakers: May-12-2014, Donald J. Robinson, Chief Executive Officer, President and Director.

Eastmain Resources Inc. Announces the Final Drill Assay Results from the 2013 Program on Clearwater Project, Located in the James Bay Region of Québec

Eastmain Resources Inc. announced the final drill assay results from the 2013 program on its wholly-owned Clearwater Project, located in the James Bay region of Québec. The definition drill program completed on the Eau Claire gold deposit resulted in 132 gold-bearing intersections containing an average of 10.8 grams gold per tonne (g/t Au) over an average width of 4.34 metres, including 71 gold-bearing intersections at 15.5 g/t Au over an average thickness of 5.48 metres. Final assay results from drill holes 532 to 534 also include intervals with exceptional gold grades, reinforcing the lateral and vertical continuity of the 450 West Zone. 450 West Zone Drill Highlights: The Eau Claire deposit has a footprint 1.8 kilometres in length, which extends to a vertical depth of over 900 metres. 2013 drilling focused on the upper third of the deposit, with an emphasis on defining near-surface resources potentially mineable by open pit methods. 77 drill holes were completed on the 450 West Zone resulting in 335 gold-bearing intersections at an average grade of 5.53 g/t Au. The final three drill holes intersected a total of 24 gold-bearing zones with an average grade of 5.15 g/t Au. Within these zones, composed of quartz-tourmaline vein material and altered rock (Zones), feeder veins range from more than 50 to 127 grams per tonne gold (g/t Au) and greater than 50 to 190.5 g/t tellurium. Drill hole 532 intersected a 4.0-metre-wide Zone with fine grained visible gold, grading 25.8 g/t Au and 37.3 g/t tellurium (Te) at a down-hole depth of 279.2 metres. The interval includes a two-metre wide high-grade section with an average grade of 39.9 g/t Au and 57.8 g/t Te. This intercept is 55 metres down-dip of hole 520, which assayed 9.69 g/t Au over 10.0 metres. Drill hole 533 also intersected a very high-grade 4.0-metre-wide gold-bearing Zone with visible gold containing 44.4 g/t Au and 80.2 g/t Te, including a 2.0-metre interval of 82.2 g/t Au and 150.5 g/t Te at approximately 300 metres vertical depth. This intersection is 25 metres east of drill hole 512, which assayed 8.50 g/t Au across 16.0 metres. Drill hole 534 intersected a six-metre-wide Zone at a depth down-hole of 286.7 metres, which assayed 5.80 g/t Au and 10.9 g/t Te, and includes a 0.50-metre interval at 54.6 g/t Au and 106.0 g/t Te. The 2013 drilling program focused on defining the lateral and vertical continuity of the 450 West Zone utilizing a modeled 0.5 g/t gold grade shell as an exploration guideline and a 25- by 50-metre drill pattern.


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