Visible Gold In 18 Vein Intersections

TORONTO, ON - Eastmain Resources Inc. reported that visible gold (VG) has been identified in 18 vein intersections from five recently completed drill holes, on its wholly-owned Clearwater Project, located in James Bay Quebec. Visible gold detected in intersections from holes 386, and 388 to 391 is principally found within two veins (V19 and T10) located on the north margin of the Eau Claire gold deposit (see website for 3D Model). Assays are pending. Results from earlier drilling this year of high-grade gold intercepts containing VG, include 66.5 g/t Au over 0.5 metre (hole 374-Vein 14) and 38.4 g/t Au over 2.0 metres, including a half-metre interval of 150 g/t Au within Vein 12 in hole 375. Both intercepts occur within the 850 West Zone.

Drill holes 386, 389 and 390, collared 25 metres apart, to test the lateral and depth extensions of the 450 West Zone, have intersected multiple vein intervals with visible gold. Hole 386 hit three veins containing multiple grains of visible gold, including 20 grains of VG in Vein T4 and 14 grains in Vein T10. Hole 389 also intersected 3 veins containing VG - Veins T, T8 and 4.0-metre-wide section of T10 containing 88 grains of visible gold and 63 telluride grains. Hole 390 hit two veins (T10 and T16) containing VG, highlighted by a 3.1-metre-wide T10 intersection containing 75 grains of visible gold and 131 telluride grains.

Drill holes 388 and 391, collared 25 metres apart along the north margin of the 850 West Zone both intersected visible gold within Vein V19. Hole 388 intersected a 3.1-metre-wide quartz-tourmaline vein containing 18 grains of visible gold and 17 telluride grains from an interval of Vein V19. Hole 391 also hit a 4.6-metre-wide vein and alteration zone (V19) containing 74 grains of VG and 40 telluride grains.

To date 48 drill holes have been completed in 2012 for a total of 17,435 metres focused on expanding the measured and indicated open pit-able resources in the 450 and 850 West Zones respectively. Both the 450 and 850 West Zones are open laterally and to depth. The current 40,000-metre drill program will continue to focus on expanding lateral and vertical extensions of both zones. A revised resource estimate currently being finalized will include all drill data up to hole ER11-350.

CEO Don Robinson states, "Although assays are pending for these VG intersections, they are significant in that detection of visible gold indicates a continuation of the high-grade, Eau Claire gold mineralizing system, well outside the limits of the reported resource. These intersections also show a marked continuity to super-enriched gold zones within Eau Claire".

The company's address is 50 Richmond Street East, Toronto, ON M5C 1N7.