Eastmain Resources Inc. (“Eastmain” or the “Company” - TSX:ER, OTCQX:EANRF) is pleased to report results for 7 drill holes (1,767 metres (“m”)) in the 2019 winter program at the Percival discovery (“Percival”), on the 100%-owned Clearwater Property in James Bay, Qubec (see FIGURES 1-6). Winter drilling is now complete, with 17 drill holes totalling 4,659 m. Assays are pending for the 4 remaining holes of the program.
Program Highlights:
- Identification of 3 main east-trending zones of mineralization
- Over an extended east-west strike length of at least 650 m and a north-south width of 250 m
- ER19-839: 2.57 grams per tonne gold (“g/t Au”) over 14.5 m (vertical depth of 60 m), including 4.66 g/t Au over 7.0 m (mudstone breccia), and 9.40 g/t Au over 2.0 m
- Extends mineralization to 200 m east of the Percival discovery holes and 50 m further east of any previous results (see FIGURE5)
- First instance of a significant gold intercept in a graphitic shale unit
- ER19-840: 0.28 g/t Au over 83.4 m (vertical depth of 153 m) (see FIGURE 3)
- Extension of mineralized silicified breccias to depth by 100 m
- ER19-844: 0.62 g/t Au over 44.8 m (vertical depth of 210 m) (silicified breccia and mudstone) extends mineralization by 100 m to over 210 m vertical depth (see FIGURE 4)
- Follow-up Ground Exploration Spring Campaign (May-July)
- Surface geophysics and mapping, including trenching and sampling on key targets, eastward from Percival for 5 km along the KS Horizon (see FIGURE 6)
Claude Lemasson, President and CEO commented: “The results of the step out drilling to the east are beginning to illustrate three gold zones appearing over a significant strike of 650 m. The zones appear to converge as the mineralization continues east. Using the VTEM and ground MaxMin surveys completed earlier this year as key vectors, our drilling was able to successfully extend the gold zones from the discovery holes. We are quite excited to continue exploring this discovery and related new exploration targets so close to our Eau Claire Project.”
Table 1: Significant Intercepts (a complete table of assays can be accessed here)
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| Drill Hole | | | From | | | To | | | Length | | | Grade | | | Vertical | | | Host | |
| | | | (m) | | | (m) | | | (m) | | | (Au g/t) | | | Depth (m) | | | Lithology | |
| ER19-838 | | | 156.0 | | | 157.0 | | | 1.0 | | | 5.63 | | | 111 | | | Mudstone breccia | |
| ER-19-839 | | | 81.0 | | | 95.5 | | | 14.5 | | | 2.57 | | | 62 | | | Mudstone breccia | |
| | | incl. 82.0 | | | 89.0 | | | 7.0 | | | 4.66 | | | 60 | | | |
| | | also incl. 85.0 | | | 87.0 | | | 2.0 | | | 9.40 | | | 61 | | | |
| ER18-840 | | | 92.0 | | | 99.9 | | | 7.9 | | | 0.87 | | | 68 | | | Siltstone | |
| | | 174.6 | | | 258.0 | | | 83.4 | | | 0.28 | | | 153 | | | Graphitic shale | |
| | | incl. 174.6 | | | 233.0 | | | 58.4 | | | 0.34 | | | 144 | | | |
| | | also incl. 210.5 | | | 215.7 | | | 5.2 | | | 1.02 | | | 151 | | | |
| ER19-843 | | | 205.0 | | | 219.5 | | | 14.5 | | | 0.52 | | | 150 | | | Shale | |
| ER19-844 | | | 234.2 | | | 279.0 | | | 44.8 | | | 0.62 | | | 180 | | | Silicified and mudstone breccias | |
| | | incl. 234.2 | | | 239.0 | | | 4.8 | | | 2.07 | | | | | |
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