Last C$0.32 CAD
Change Today -0.005 / -1.56%
Volume 33.3K
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As of 11:15 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

eastmain resources inc (ER) Snapshot

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C$0.32
Previous Close
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Day Low
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52 Week High
02/21/14 - C$0.56
52 Week Low
12/9/13 - C$0.21
Market Cap
37.9M
Average Volume 10 Days
127.2K
EPS TTM
C$-0.0060
Shares Outstanding
120.2M
EX-Date
--
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eastmain resources inc (ER) 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 (ER) 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 (ER) Key Developments

Eastmain Resources Inc. Provides Exploration Update on its Eastmain Mine, Ruby Hill East and Lac Lessard Projects

Eastmain Resources Inc. announced that it has completed preliminary targeting exploration programs on its wholly-owned Eastmain Mine, Ruby Hill East and Lac Lessard projects located in James Bay, Quebec. The key objectives at Eastmain Mine and Ruby Hill East were to explore for additional gold resources lateral to the Eastmain Gold Deposit and to search for a repetition of the mine horizon on the adjacent Ruby Hill East claim block. The program at Lac Lessard was focused on evaluating Platinum Group Metal (PGM) potential previously reported on this property. Assays are pending for all projects. The Eastmain Mine property contains a high-grade gold deposit, with ramp access to underground workings, and surface infrastructure sufficient to house a sixty-person work force, all of which is now accessible by permanent road via Route 167 North. Regional geological mapping and prospecting completed northwest of, and lateral to the gold deposit, has identified a number of gold occurrences situated within the "mine corridor", as defined by a regional magnetic high reflecting an ultramafic marker unit. The adjacent Ruby Hill East claim block covers what has been interpreted as a repetition of the mine horizon. This claim block straddles a regional break in volcanism where mafic volcanic rocks containing chert and sulfide iron formation lie in contact with felsic volcanics containing disseminated sulfides at or near the contact. Airborne geophysical surveys have defined two regional conductive horizons; one located within the mafic volcanic formation, and the second trend coinciding with the mafic/felsic contact. A major structural corridor, interpreted through detailed magnetic surveys, coincides with this bimodal volcanic sequence. 2014 preliminary field work over the properties generated 326 rock samples and 1495 soil samples. Assay data is pending. Lac Lessard is located 15 kms northeast of the Eastmain mine site and is prospective for PGMs. The property is underlain by a kilometric-scale ultramafic complex, principally composed of pyroxenite. In 2013 the property was surveyed using a combined airborne magnetic and electromagnetic VTEM system. A number of high-priority VTEM anomalies were identified and recommended for follow-up. Preliminary 2014 field work consisted of reconnaissance prospecting, soil geochemical sampling and geological targeting. Assay data is pending for 235 rock samples and 181 soil samples.

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 Precious Metals Summit Colorado, Sep-12-2014 12:00 PM

Eastmain Resources Inc. Presents at 2014 Precious Metals Summit Colorado, Sep-12-2014 12:00 PM. Venue: Park Hyatt Beaver Creek, 136 East Thomas Place, Beaver Creek, Colorado, United States. Speakers: Donald J. Robinson, Chief Executive Officer, President and Director.

 

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