Eastmain Announces Mineral Resource Estimate at Eastmain Mine Project; Reports Increase in Contained Ounces over Historic Estimate

Eastmain Resources (TSX:ER)(OTCQX:EANRF) (“Eastmain” or the “Company”)reports results of its first NI 43-101 Mineral Resource Estimate for the 100%-owned Eastmain Mine Project, located in the Otish Mountains region, James Bay, Québec. The new Mineral Resource Estimate demonstrates the high average gold grade of the Eastmain Mine mineralization and consistency with historic interpretation and Mineral Resource Estimates.
The new Mineral Resource Estimate is built from historic information developed by previous operators and the inclusion of 26 drill holes completed by Eastmain within the Deposit’s Mineral Resource domains, of which seven were specifically drilled as verification holes in 2017. A NI 43-101 Technical Report to be prepared by P&E Mining Consultants (“P&E”) with an effective date of January 9, 2018, will be posted on www.eastmain.com and the Company’s profile on SEDAR at www.SEDAR.com within 45 days of the date of this news release.
Claude Lemasson, Eastmain Resources President and CEO, stated:

“The game changer for the Eastmain Mine Project was the construction of the new road (Route 167 Nord) under Quebec’s Plan Nord about 3 years ago, providing all-season access to our property. This infrastructure has allowed us to re-evaluate the potential of this former producer, re-assess the historic Mineral Resource Estimate and initiate an extensive exploration program.”

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