TORONTO: Eastmain Resources Inc. is pleased to announce the reports of the Moni gold prospect channel sampling results and the first five diamond drill holes of the 12-hole Phase 1 Program. Assays are pending on the remaining seven holes. The results of the entire Phase 1 program will be used to determine the Phase 2 program expected to begin in early 2017 at the Éléonore South Joint Venture Property, in James Bay, Quebec.
Gold mineralization appears to be associated with a late, magmatic intrusion-related hydrothermal system with considerable exploration potential. The prospective corridor extends over an area at least 3 to 4 km long by some 500 m wide, along the margins of a tonalite intrusion, close to or near the contact with surrounding metasediments.
The association between mineralized tonalitic and pegmatitic facies over significant widths along the margins of a tonalite intrusion suggests a large-scale hydrothermal-magmatic mineralized system on the Éléonore South Property. Additional work will aim to determine the richest parts of the system.
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