Eastmain Resources Inc. (ER:TSX) announces that Ruby Hill Exploration Inc. (50% ER) has received notice that it's applications for nine prospecting permits in Nunavut and one in the Northwest Territories have been approved. The Nunavut permits in total cover approximately 355,000 acres of highly prospective land within, and along the northern perimeter of the Thelon Basin. The permit in NWT comprises 44,172 acres located in the southeastern part of the Thelon Basin in close proximity to claims currently held by Ruby Hill (80,000 acres). These permits are valid for 3 years. Ruby Hill now holds exploration rights to approximately 480,000 acres in the Thelon Basin, Canada's next frontier for uranium exploration.

The geology of the Thelon Basin is very similar to that of the prolific Athabasca Basin, located 300km to the south in Northern Saskatchewan. It is thought that the Athabasca and Thelon basins formed at the same time under the same geologic conditions. The Athabasca Basin hosts the world's richest "unconformity-related" uranium deposits. Unconformity deposits are unique and relatively rare deposits found in geological environments where basement rocks are overlain by much younger sedimentary basins. These deposits are generally far richer than other types of uranium deposits.

Since the first discoveries of unconformity-related uranium deposits in Canada's Athabasca Basin in the 1960's, geologic models and exploration techniques have changed significantly. Until recently more remote locations like the Thelon Basin received relatively little exploration attention beyond the discovery of simple surface showings. Renewed interest in uranium, coupled with modern techniques and new geological understanding of this deposit-type, has recently led the way to discovery of a number of high-grade occurrences in the Thelon Basin. Cogema's Kiggavik deposit, which contains 40 million lbs of U3O8 is located in the northeastern part of the Thelon Basin and Boomerang Lake, the Uravan/Cameco JV uranium-gold prospect, which contains up to 0.5% U3O8, 22.4 g/t Au and 12.4 g/t Ag is located in the southwestern part of the basin approximately 60 km northwest of Ruby Hill claims.

Eastmain's strategy is to provide its shareholders with leverage to a thriving uranium market through its 50% ownership in Ruby Hill Exploration Inc., a privately held company. Exploration on these projects will be financed through joint ventures or by converting Ruby Hill into a publicly traded company. This news release was prepared by Dr. Neil Hillhouse, P.Eng, qualified person, special technical advisor to Eastmain and President of Ruby Hill Exploration Inc.

Eastmain is one of the most active mining exploration companies in Northern Québec. The Company's primary focus is gold exploration within an emerging mining district in the Eastmain/Opinaca region of Québec. With approximately 61 million shares issued and outstanding, Eastmain has working capital of C$7 million and is debt free. Approximately 48% of the Company is held by over 20 different financial institutions.

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