Eastmain Appoints Claude Lemasson to Board of Directors as it Transitions Toward Development of Key Asset
TORONTO, ONTARIO--(Marketwired - Nov 10, 2015) - Eastmain Resources Inc. ("Eastmain" or the "Company") - (TSX:ER) is pleased to announce the appointment of Claude Lemasson, P.Eng, MBA, as independent non-executive Director of the Board. As a professional engineer and graduate of the Kellogg-Schulich Executive MBA program, Mr. Lemasson brings to Eastmain strong leadership and management skills, based on his 28 years of extensive experience in both mining construction and operations within Canada, the United States and South America.
"The Company and its shareholders should benefit greatly from Mr. Lemasson's extensive experience in gold deposit feasibility and development, and his knowledge of engineering and construction techniques, particularly with respect to development in Northern Quebec, where Eastmain's flagship gold deposit, Eau Claire is situated," says David K. Joyce, Chairman of the Technical Committee.
Throughout his career Mr. Lemasson has been responsible for the design, construction, implementation, management and supervision of multiple aspects of both open-pit and underground gold mining operations. Claude previously held senior mine development and operational roles with Goldcorp Inc., where as Mine General Manager for the Red Lake Mine, he was largely responsible for production growth to 600,000 ounces per year through the development of the mine's high-grade zone. Later, as Goldcorp's General Manager of Projects for Canada and the U.S., Claude was responsible for the management and advancement of the Éléonore Project.
Most recently Claude served as President, Chief Operating Officer and Director of Guyana Goldfields, where as a key member of the leadership team, he was directly involved in the strategic direction of transitioning from an exploration company to a developer, moving a core asset from an early resource-estimation stage to the pre-development phase.
Claude is also currently a Director of Premier Gold Mines Ltd..
"As we continue to execute our corporate strategy of maximizing shareholder value through the exploration, advancement and de-risking of high-quality projects towards the development phase, Claude's extensive mining and development experience will be extremely important to the Company," stated Don Robinson, President and CEO. "Claude's leadership and technical skills will be essential as Eastmain continues the transition of our 100%-owned Eau Claire gold deposit towards a potential future long-life, low-cost profitable mining operation."
About Eastmain Resources Inc. (TSX:ER)
Eastmain is a Canadian exploration company with 100% interest in the Eau Claire and Eastmain gold deposits, both of which are located within the James Bay District of Quebec. Eau Claire, the Company's core asset, has superior infrastructure within a favourable jurisdiction and is royalty free. Eastmain also holds a pipeline of exploration projects in this new Canadian mining district. In October, Eastmain was presented with the "Discovery of the Year 2015" award by the Association L'Exploration Minière du Quebec ("AEMQ").
Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Eastmain, including, but not limited to the impact of general economic conditions, industry conditions, dependence upon regulatory approvals and the availability of financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
Contact
Eastmain Resources Inc.
Dr. Donald J. Robinson
President
Eastmain Resources Inc.
Catherine Butella
Exploration Manager
(519) 940-4870
(519) 940-4871
info@eastmain.com
www.eastmain.com
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