Eastmain Mine Project Drilling Underway
TORONTO, ON - Eastmain Mines Inc., reported that a 15,000-metre drill program is currently underway on its Eastmain Mine property, located in James Bay, QuÄbec. The principal objective of the program is to expand the Eastmain Mine Gold Deposit beyond its historical resources of 255,750 ounces of gold4. The high-grade, gold-rich A, B and C Zones, which comprise the deposit, have been traced from surface to depths of more than 300 metres below surface. 2011 drilling will test the depth extension of the A and B Zones below 350 metres.
2010 drilling confirmed that both the A and B Zones continue laterally and vertically beyond the limits of historical drilling and mine development. Drilling also indicates that footprint of the Eastmain Mine deposit extends for a length of at least 1.8 kilometres and occurs at the break between two volcanic rock formations, where major deformation and mineralizing events deposited significant quantities of gold, silver and copper.
109 historical drill holes within the A and B Zone contain an average grade of 18.9 grams of gold per tonne (0.55 ounces per ton), 15.9 grams per tonne (gpt) silver and 0.24% copper across an average thickness of 3.93 metres. The most significant drill intersection in the deposit to date, contains an average grade of 53.28 gpt gold, 59.2 gpt silver and 0.20% copper across 13.2 metres at a vertical depth of approximately 170 metres within the B Zone (hole 332045). The 2011 program will also include surface exploration along the favourable mine trend, a mineralized rock horizon that extends for more than 10 kilometres laterally northwest and southeast of the Eastmain Mine Gold Deposit. Previous work by Eastmain and others has confirmed that there is substantial potential for additional discovery along this trend. Dr. Donald J. Robinson, President and CEO of Eastmain stated, "Drilling will continue into the fall on both of Eastmain's high-grade gold deposits (Eau Claire and Eastmain Mine) located within the James Bay district of QuÄbec, one of the most favourable mining districts in the world. With the largest exploration budget in the history of the Company, programs will largely be drill-oriented and will focus on expanding current resources as well as testing new highly prospective areas." The company's address is 50 Richmond Street East, Suite 101, Toronto, ON M5C 1N7.