Eastmain is pleased to announce that it has completed its previously announced non-brokered private placement pursuant to which it has issued (i) 2,837,500 non-flow-through units at a price of C$0.30 per Unit; and (ii) 10,700,000 flow-through units at a price of C$0.40 per FT Unit, to raise aggregate gross proceeds of $5,131,250. Each Unit consists [...]
Eastmain is pleased to announce that it proposes to complete a non-brokered private placement of (i) up to 5,000,000 non-flow-through units at a price of C$0.30 per Unit; and (ii) up to 7,500,000 flow-through units at a price of C$0.40 per FT Unit, to raise aggregate gross proceeds of up to approximately $4,500,000. Each Unit shall consist of one [...]
Hole 490 6.38 g/t Au, 10.14 g/t Te across 14.5 m TORONTO, ONTARIO--(Marketwired - Nov 8, 2013) - Eastmain Resources Inc. (TSX:ER) is pleased to announce an update on the current definition drill program underway on its wholly-owned Clearwater Project, located in the James Bay region of Quebec. 53 drill holes totaling 20,270 metres have been [...]
TORONTO, ONTARIO--(Marketwired - Oct 24, 2013) - Eastmain Resources Inc. (TSX:ER) is pleased to announce trenching results from recent work completed on its wholly-owned Clearwater Project located in James Bay Quebec. The current exploration program is focused on expanding the Eau Claire gold deposit near surface, testing potential resource targets [...]
TORONTO, ONTARIO--(Marketwired - Oct 9, 2013) - Eastmain Resources Inc. (TSX:ER) The management and directors of Eastmain Resources mourn the passing of Mr. William L. (Bill) Koyle. Bill passed away peacefully on October 2, 2013 in Switzerland with family and friends at his side. We offer our sincere condolences to his wife, Anne Marie Dawson, her [...]
TORONTO, ONTARIO--(Marketwired - Sep 17, 2013) - Eastmain Resources Inc. (TSX:ER) announces that due to personal reasons Mr. William Koyle has stepped down from the Board of Directors. Mr. Koyle has served the Company for a decade as the Chair of the Audit Committee and Lead Director. Eastmain's management is very grateful for Bill's significant [...]
TORONTO, ONTARIO--(Marketwired - Aug 6, 2013) - Eastmain Resources Inc. (TSX:ER) announced that a 25,000-metre drill program is underway at its Clearwater Project located in James Bay, Québec. Our primary objective this year at Clearwater is to expand and upgrade gold resources at the Eau Claire deposit through optimization of near-surface exploration, based on the results of an internal scoping review completed earlier this year by P&E Mining Consultants. Drilling and trenching will focus on adding high-grade potentially open pittable and underground resources to the Eau Claire gold deposit. Concurrently, a block model resource update (in progress), which includes all drilling to the end of 2012, will be completed. With 2013 exploration fu... [...]
TORONTO, ONTARIO--(Marketwired - Jul 12, 2013) - Eastmain Resources Inc. (TSX:ER) announced that Honey Badger Exploration Inc. ("Honey Badger") reported results from four drill holes, totaling 827 metres, on Eastmain's Radisson Project, located within the James Bay Mining District of Northern Québec. The Radisson gold property lies within an Archean-aged greenstone belt approximately 120 and 165 kilometres north of the Éléonore (Roberto) and Clearwater (Eau Claire) gold properties respectively. Highlights from initial drill-testing of prospective gold targets include hole RA-13-03, which intersected a shear zone bounding a sedimentary-dominated assemblage, and returned 3.71 g/t Au over 1.0 met... [...]
TORONTO, ONTARIO--(Marketwired - Jul 8, 2013) - Eastmain Resources Inc. (TSX:ER) announced that late Friday evening management ordered the evacuation of all crew members from the Clearwater project due to forest fires in the James Bay region of Québec. On July 6, 2013 crew members evacuated to safety in conjunction with a convoy of personnel from Hydro-Québec's EM-1 power facility located 10 km west of the project. Eastmain is closely monitoring the situation and will resume work at Clearwater when it is safe to return. In the interim, crews will be re-allocated to the Eastmain Mine project where fieldwork will continue. About Eastmain Resources Inc. (TSX:ER) Eastmain is ... [...]
TORONTO, ONTARIO -- (Marketwired) -- 04/26/13 -- Eastmain Resources Inc. (TSX: ER) ("Eastmain or the Company") is pleased to announce that all of the nominees listed in its information circular dated March 15, 2013 (the "Circular") were elected as directors of the Company at its annual and special meeting of shareholders held on April 25, 2013 [...]
Trenching and Prospecting Expand Eau Claire Deposit Footprint Satellite gold resource targets to the east and westTORONTO, ONTARIO -- (Marketwired) -- 04/24/13 -- Eastmain Resources Inc. (TSX: ER) is pleased to provide an update on previously unreported exploration work and 2013 program plans for its wholly-owned Clearwater project located in [...]
TORONTO, ONTARIO -- (Marketwired) -- 04/16/13 -- Eastmain Resources Inc. (TSX: ER) is pleased to announce that is has received permitting necessary to convert its main drill access road to a permanent all-weather access road at its 100%-owned Clearwater property, located in James Bay Quebec. Permitting includes authorization for characterization [...]
