High-Grade Gold in the James Bay Region

Claude Lemasson, President & CEO of Eastmain Resources (ER:TSX) shares this company’s future plans with their high grade-gold deposit in Northern Quebec.

Eastmain Resources is an advanced exploration company looking for high-grade gold in the James Bay region of northern Quebec, currently drilling seventy-five thousand meters. We are pursuing out of our 12 properties, 3 key projects. Our anchor asset, the Clear Water. The Clear Water project hosts the Eau Claire deposit. The Eau Claire deposit is a high-grade gold deposit with just under a million ounces of measured indicated resources as well as just over six hundred thousand ounces of inferred resources.

So looking at Eastmain today you know the focus of the company is really on gold exploration in Quebec. We look for high-grade projects with very strong opportunities for development. We really are in a great jurisdiction in order to go back in the James Bay region, great relationships with the Quebec government, Hydro Quebec as well as the Cree. So you’ve got a variety of projects that not only diversify the risks but you know are located all along the spectrum of development and then in addition to that you’ve got the management team that brings experience the table in so far as building minds, developing assets, running operations, financing mines and so you know you’ve got the right people in place to move these things forward.

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