High Grade Gold Discoveries in Quebec
Claude Lemasson, President & CEO of Eastmain Resources Inc. talks about the junior exploration company’s impressive progress over the last three years.
“Eastmain Resources is a junior exploration company in northern Quebec and we’re focused on high grade gold discoveries and projects. We currently have three projects on two different properties. There is the Clearwater property which is host to the Eau Claire Project. This is our anchor project as well as a personal discovery. We’ve now completed 11 holes, we’ve hit gold mineralization near surface and we have the Eleonore South Joint Venture near Gold Corp’s Eleonore Mine which is currently producing. As far as exploration in really virgin ground, we are the premier company that is pursuing gold exploration in James Bay and we also have resources in the ground. We have two full on resource estimates on two different projects plus two discoveries that we’re now advancing. The progress that we’ve made in the last two to three years has been quite amazing going from one project without a PEA to issuing a PEA, plus making two other discoveries, plus upgrading resources. We’re hopeful that eventually that value will be realized in the market and that gets us excited to continue advancing our key projects.” – Claude Lemasson, President & CEO of Eastmain Resources Inc.
Eastmain’s Triangle of Success includes the Clearwater Project, host of the high grade Eau Claire resource potentially amenable to open pit and underground mining, the Eastmain Mine Project, a past-producer with updated NI43-101 resources and growth potential, and the Éléonore South Joint Venture, a large land package adjacent to the region’s largest gold mine and other active exploration projects. The company’s land holding of 109,000 hectares in James Bay, Québec, is located within a top mining jurisdiction, with access to roads and power.
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