<html> <title>EASTMAIN RESOURCES INC.</title> <script> function printWindow(){ bV = parseInt(navigator.appVersion) if (bV >= 4) window.print() } </script> <SCRIPT> function DynaWin(url, h, w, l, t) { poph = + h + 70 popw = + w + 30 disp = window.open("","pop","height=" + poph + ",width=" + popw + ",left=" + l + ",top=" + t + ""); content = '<HTML>'; content += '<TITLE>Pop-up Window</TITLE>'; content += '</HEAD>'; content += '<BODY BACKGROUND="bk.gif" onBlur="self.close()">'; content += '<P ALIGN="CENTER"><img src="' + url + '" height="' + h + '" width="' + w + '"></P>'; content += '<link REL=stylesheet HREF="popup.css" TYPE="text/css"><CENTER><A HREF="#" onClick="self.close()" class="link2">Close Window</A> </font>'; content += '</BODY></HTML>'; disp.document.write(content); disp.document.close(); } </SCRIPT> <link rel="stylesheet" href="news.css" type="text/css"> <body bgcolor="#CBC6AD" topmargin="0" leftmargin="0" margin height="0" marginwidth="0"> <center><a name="top"> <table width="600" border="0" cellpadding="10" cellspacing="0" bgcolor="ffffff"> <tr> <td class="bdotsno" width="120"><img src="img/logo1.jpg"></td> <td class="bdots" width="520"> <span class="name1">EASTMAIN RESOURCES INC.</span><BR><span class="name2">Trading Symbol: ER - The Toronto Stock Exchange</SPAn> </td> <td class="bdots2" width="180"> <a href="javascript:printWindow()" class="link2"><img src="img/p.gif" border="0">Print Page</a> <BR><a href="javascript:window.close();" class="link2"><img src="img/x.gif" border="0"> Close window</a> </td> </tr> <TR> <TD colspan="3" height="500" class="bdotsw" valign="top"><center> <span class="title1"><BR>Eau Claire gold deposit extended to 880-metre depth
D Vein expanded </span> <BR> <span class="date1">August 24 2006</span> </center> <BR><BR> <p class="text1"> <strong>Eastmain Resources Inc. (ER:TSX)</strong> announces that results from drilling of the depth extension of the Eau Claire gold deposit are favourable. Preliminary calculations indicate that the 2006 program has increased the gold resource at Eau Claire. Gold-bearing, quartz-tourmaline veins in hole ER06-56 assayed 8.64 g/t Au over a 3.0-metre length at a vertical depth of 880 metres. This intercept includes an interval averaging 15.85 g/t Au across 1.5 metres and 0.5 metres containing visible gold, assaying 42.0 g/t Au. This drill intercept also extends the D Vein group 250 metres down-dip of ER04-44, which intersected three parallel high-grade veins ranging from 11.9 to 20.4 g/t Au across intervals of 1.4 to 1.6 metres. Drill hole ER06-52 intersected 7.32 g/t Au across 2.6 metres and includes a 0.6-metre length of 19.65 g/t Au. This zone lies within the D Vein group 115 metres up-dip of hole 44. Drill holes ER06-54 and ER06-55 also intersected gold-bearing D group veins which range from 4.47 to 8.37 g/t Au over 1.5 metres. These vein intercepts occur below ER04-38, which averaged 13.7 g/t Au over 5.0 metres. ER06-57 intersected 5.10 g/t Au over 1.5 metres, including 11.05 g/t Au across 0.5 metres in the G Vein. Low gold grades were returned from holes ER06-53, 58 and 59. The Eau Claire gold deposit is open at depth.

Four of eight drill holes from the 2006 program intersected gold-bearing, quartz-tourmaline veins within the D group, which is the largest and most significant group of veins with respect to gold resources at Eau Claire. Approximately 25% of the total gold resources from Eau Claire are contained within the D Vein group. 2006 drilling significantly expands the D Vein resource.

Gold grades from hole 56, the deepest intercept in the deposit are remarkably similar to the surface grades from the 450 West Zone (P, JQ and R Veins), where the company plans to extract a 10,000-tonne bulk sample. Deep drilling has demonstrated that the Eau Claire deposit is a major gold-bearing structure with the potential to exceed a million-ounce gold resource.

Eastmain's current objectives at Eau Claire are to extract a bulk sample from the 450 West Zone to determine the mining, milling and metallurgical characteristics of the gold deposit, and to find a second deposit on the property. Permit applications for the bulk sample have gone through a first reading with the Ministry of the Environment in Québec. Key issues are being addressed. Trenching and channel sampling are in progress at the Serendipity and Vana prospects, located 15 to 20 kilometres east of Eau Claire. Previous channel sampling of a sulphide-bearing sediment at Serendipity assayed up to 1.4 g/t Au across 16 metres. Assays of up to 7.70 g/t gold were also obtained from within this sedimentary horizon.

This press release was prepared by Dr. Donald J. Robinson, P. Geo., the company's Qualified Person as defined by NI 43-101. Current field work is being conducted under the supervision of Dr. Vincent Jourdain, P. Eng. and Qualified Person for Eastmain. <br /> <br /> <i>Eastmain is a Canadian exploration company holding several early- to advanced-stage gold and base metal projects in Canada. Eastmain's project portfolio includes twelve properties in the Eastmain/Opinaca gold camp, which hosts Goldcorp's &#201;l&#233;onore Project.</i>

Click Here for Table of Significant Drill Intersections
Click Here for Drill Plan </p> </td></tr> <tr><td colspan="3" class="bdots2"> <p class="text1b"> <b>For further information please contact:</b><BR> Donald J. Robinson, President or<br> Catherine Butella, Exploration Manager at<br> phone (519) 940-4870<br> fax (519) 940-4871<br> e-mail: <a href="mailto:robinson@eastmain.com" class="link2">robinson@eastmain.com</a><br> website: <a href="http://www.eastmain.com" class="link2">www.eastmain.com</a><br> </p> </td> </tr> </table> <table width="600" border="0" cellpadding="10" cellspacing="0" height="40" bgcolor="#F7C413"> <tr> <td> <center><span class="fine"> Eastmain Resources Inc. | <a href="mailto:info@eastmain.com" class="link3">info@eastmain.com</a> | <a href="http://www.eastmain.com" target="new window" class="link3">www.eastmain.com</a> </td> <td width="50"> <img src="img/logo2.gif"> </td> </tr> </table> <BR><BR> </body> </html>