Clearwater Project (100% Eastmain) - >2009 Phase One Drilling - in progress; gold deposit is open east, west and at depth; >1000 assays pending
>Boomerang prospect - 254 g/t Au, 640 g/t Ag. >500 ppm Te
>Metallurgical & Assay program underway
>178 holes 30,000m completed in last 12 months
>350 vein intercepts average 14.9 g/t gold; >250 vein intercepts average 19.6 g/t gold; >150 vein intercepts average 27.6 g/t gold; >50 intercepts average 63.0 g/t gold (1.84 ounces per ton); >10 intercepts average @ 210.4 g/t gold (6.14 ounces per ton);
>up to 2,540 g/t AU or 74.17 ounces per ton gold;
>1000+ ounces gold per verticle metre
- NI 43-101 Resource Estimate (December 2005)
Indicated resource –313,191 ounces gold;
1,029,332 tonnes @ 9.46 g/t gold (8.18 g/t cut) Inferred resource – 679,464 ounces gold;
3,049,660 tonnes @ 6.93,g/t gold (6.53 g/t cut)
450 West Zone High Grade surface assays include: Average Grade: 23.5 g/t Au or 0.70 ounce per ton gold
JQ Vein....... 0.89 oz/ton gold over a length of 550 ft
P Vein.......... 0.53 oz/ton over lenth of 450 ft R Vein.......... 1.70 oz/ton over a length of 85 ft
back to topEastmain/Opinaca Belt Projects, Québec – (NEW gold mining camp) - Éléonore South Property (Goldcorp-Eastmain-Azimut JV); Eastmain (project operator)
>2009 Drilling to test Roberto-type gold mineralization (Eastmain-Goldcorp funding)
>Mineralization system 1.2 km long and OPEN;> 2000 assays pending
>Property immediately adjacent to multi-million ounce Roberto gold discovery at Éléonore
>JT Target - up to 37.8 g/t Au incl. 20g/t Au/ 2m and 5.33 g/t Au/8 m in Roberto-type rocks>Mine horizon rock formations extend across Éléonore South property
>10 kilometre-long gold soil geochemical anomaly (up to 1.25 g/t Au in soil) - defined by 10,000 samples
- Dyna Project - 100% Eastmain; Éléonore area property with multiple gold anomalies in soil and rock; Roberto-type geology
- Eastmain Mine Project (100% Eastmain Resources) $40M in previous expenditures
>Quebec announces $130M funding for Otish road extension providing road access to Eastmain Mine property
>255,750 ounces measured and indicated – OPEN at depth, multiple gold ocurrences on the property>
>Contact and Hangingwall gold targets indicate a Multi-Million-ounce exploration potential
>Bonanza gold grades – A zone: 13.4 g/t Au across 9.22 m; B zone: 61.5 g/t Au across 8.95m
>WINTER DRILL program to test the deposit at depth and laterally along the 10-kilometre-long MINE horizon
>Ramp and two levels developed underground; Permanent camp, airstrip and 20-year mining lease
>$16 per ounce gold acquisition cost; Net Smelter Value = US$125.8 Million at $$900 gold price
- Ruby Hill Project (100% Eastmain Resources)
>Adjacent to Eastmain Mine Property; 1st phase drilling confirms mine geology
>Regional VTEM survey detected high-priority targets coincident with key mine geology; potential for gold, Ni-Cu discovery
- Reservoir Project – (100% Eastmain Resources)
>Large copper-gold system southwest of Éléonore gold discovery.
>Drill intercepts from 1.79 g/t gold across 21 m to 5.35 g/t gold across 6 m.
>Surface channel samples up to 5% copper, 36 g/t gold and 52 g/t silver.
- Lac Elmer Project – 50% Eastmain; 50% Barrick Gold Corporation
>50-km2 property at western end of Eastmain River greenstone belt.
>Similar to 30-million-ounce Hemlo gold mine. Hosts kilometric-size mineralized horizon enriched in silver-gold-copper and zinc.
>Multi-ounce silver and ounce-level gold assays in surface showings.
>Up to 50 g/t silver and 0.5 g/t gold across 30 m in drilling.
- Radisson Project – (100% Eastmain Resources)
>83.2-km2 property covering 17-kilometre-long trend of prospective greenstone belt.
>Multiple Au ± Cu rock showings and zones up to 350 m long with up to 9.8 g/t Au in grab sample;
>2009 Summer target definition work.
- Lac Hudson Project – (100% Eastmain Resources)
>Central part Eastmain River Greenstone Belt, 5 km south of Reservoir. Gold and base metals in iron formation.
>Preliminary drilling intersected up to 15.2 g/t gold and 22.3 g/t silver.
>Prospective for sedimentary-hosted gold deposit.
- Road King Project – (100% Eastmain Resources)
>109 claims; 56 km2.
>Property covers 10-km-long volcanic-sedimentary rocks prospective for sedimentary-hosted gold deposit.
back to topOntario Exploration: - Abitibi MegaTEM Project (70% Eastmain; 30% Xstrada, formerly Falconbridge)
>Area: Abitibi belt: $120 Billion past metal production; >200 M ounces gold, 900 M ounces silver, 8.5 M tonnes copper, 20 M tonnes zinc
>Base metal & gold deposit exploration within trucking distance of Xstrata smelter facility
>Drilling completed on High Priority St. Laurant nickel prospect - assay pending/strong>
back to topDiamond and Uranium Property Acquisitions: - Uranium stock holdings: 508,836 shares of Western Uranium Corp. (cost $0.13/share)
- Diamond stock holdings: 340,000 Shares of Dianor Resources Inc. (Acquisition cost $0.00)
- Lithium stock holdings: 169,000 of Western Lithium (cost $0/share)
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