Some of my favourite lines..This purchase provides Eastmain with the unencumbered ability to structure future royalty agreements on the Clearwater property at its sole discretion. With an increasing price of gold and as more ounces are discovered at Clearwater, future royalty payments could become a major catalyst for shareholder value,"
These include, four of nine holes from the 850 West Zone (ER10-276, 278, 280 and 282), which confirm the continuation of the Eau Claire gold deposit to the west. Each of these holes intersected quartz-tourmaline veins and altered rock at surface and have also intersected a new swarm of veins and schist zones at depth. The 850 West Zone, which is situated on a hill, is a very attractive target for the development of additional open pit and underground resources. This target area is open laterally to the west and at depth, where there has been no previous drilling.
This a great NR.