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Additional Information
Market: TSX
Sector: Gold Mining
EPIC: ER
Latest Price: 1.26  (-1.56% Descending)
52-week High: 1.78
52-week Low: 0.95
Market Cap: 119.66M
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Eastmain Resources
www.eastmain.com

Eastmain Resources Inc. is a Canadian exploration company. The Company is actively exploring for gold and base metal deposits within Eastern Canada. Eastmain owns 100% of the Eau Claire gold deposit and has significant land holdings covering key geology adjacent to the Eléonore discovery and the Eastmain gold mine.

Full Eastmain Resources profile here
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Eastmain Resources finds new gold prospect at Clearwater, Quebec

24th Sep 2009, 3:02 pm
Eastmain Resources finds new gold prospect at Clearwater, Quebec

Eastmain Resources Inc (TSX: ER) announced the discovery of a new gold target at its wholly-owned Clearwater project in James Bay, Northern Quebec.

Surface prospecting this summer led to the discovery of the Boomerang Prospect, where a composite grab sample of vein material, located one-half kilometre east of the Eau Claire gold deposit, assayed 254 grams per ton of gold, 640 g/t silver and 500 g/t tellurium.

Other anomalous samples within the Boomerang Prospect area include 30.6 g/t Au and 9.04 g/t Au in volcanic/sedimentary rocks, located up to eight kilometres east of the deposit. The Boomerang prospect contains a highly enriched gold-tellurium metal signature similar to Eau Claire. Boomerang will be drill-tested in future programs.

The current drill program is focused on defining a measured, near-surface resource for potential extraction by open pit methods. A total of 7,400 metres of drilling, to test the Main Group of Veins within the central portion of the deposit and the T-Vein series, found north of the previously defined gold resource, has been completed to date. Drilling will continue throughout the quarter.

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