EASTMAIN AND GOLDCORP SIGN CONFIDENTIALITY AGREEMENT FOR
CLEARWATER PROJECT
May 11, 2007
Eastmain Resources Inc. (TSX - ER) is pleased to announce that Goldcorp Inc., through its
wholly owned subsidiary Les Mines Opinaca Ltée, has signed a confidentiality agreement for
the purposes of data sharing and providing technical support in the preliminary economic
evaluation of the Clearwater Project. Goldcorp¹s involvement will provide both the practical and
methodological expertise needed to assess the future potential of the Eau Claire gold deposit.
According to Dr. Donald J. Robinson, Eastmain's President and CEO, "Eastmain shall benefit
from Goldcorp¹s technical support and input in the next stages of exploration at Clearwater. Our
2007 program will include geotechnical and metallurgical studies to evaluate the economic
potential of Eau Claire and any possible synergies with the Éléonore Project held by our
strategic alliance partner."
Situated near the EM-1 power facility recently commissioned by Hydro Québec, Eau Claire is a
high-grade gold deposit with multiple surface veins averaging 0.70 ounces per ton in the area of
a proposed bulk sample. Eastmain expects to begin definition in-fill drilling in the upper portion
of the deposit this summer. The program will include metallurgical testing of the gold-bearing
system as an adjunct to the future bulk sample and continued economic assessment of the
deposit. The deposit is located approximately two kilometres from Hydro¹s road network.
Eastmain holds 100% interest in the Clearwater Project, which hosts Eau Claire. Goldcorp owns
100% interest in the Éléonore Project, which hosts the Roberto Deposit, through its wholly
owned subsidiary Les Mines Opinaca Ltée. Both projects are located in the Eastmain/Opinaca
territory of James Bay, Québec, a relatively unexplored region with the potential to become a
major gold district. Eastmain's primary focus is gold exploration within this emerging mining
district.
Eastmain and Goldcorp formed a strategic alliance in 2003 for the purposes of minimizing
exploration risk to shareholders in the quest for new gold mining opportunities. The alliance was
renewed for an additional 5-year term in 2006. Goldcorp currently owns approximately 9.66% of
Eastmain¹s issued and outstanding shares.
Goldcorp is one of the world¹s lowest-cost and fastest growing multi-million ounce gold producers with operations
throughout the Americas.
Eastmain is a Canadian gold exploration company with 100% ownership of the Eau Claire and Eastmain gold
deposits, both located in James Bay, Québec. The Company has budgeted $3.5 million for gold and base metal
exploration in Québec and Ontario for 2007.
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