Canadian Mining Journal

Eastmain Resources Inc

  • Auryn raises $22.5M in private placement ahead of closing Eastmain deal

    August 31, 2020 by Canadian Mining Journal

    Auryn Resources has entered into an agreement with a syndicate of underwriters, co-led by Canaccord Genuity and Beacon Securities, for a bought-deal private placement of 7.5 million subscription receipts, for gross proceeds of $22.5 million. The subscription receipts will be

  • GOLD: Auryn to acquire Eastmain, create Canadian-focused Fury Gold

    July 30, 2020 by Canadian Mining Journal

    TORONTO – Auryn Resources is acquiring Eastmain Resources in an all-share deal valued at $121 million to create Fury Gold Mines. By mid-day on Thursday, Eastmain shares were up by 57% or 10¢, rising to 27.5¢. “Fury Gold will combine

  • News

    GOLD: Eastmain restarts exploration at Quebec properties

    July 2, 2020 by Canadian Mining Journal

    QUEBEC – Eastmain Resources has resumed exploration across its three properties in Quebec’s James Bay region. The company will focus on expanding the existing Eau Claire deposit at its flagship 20,068-sq.-km Clearwater property with 4,000 metres of drilling with additional

  • News

    GOLD: Eastmain options Lac Lessard in Quebec

    June 10, 2020 by Canadian Mining Journal

    QUEBEC – Eastmain Resources has optioned its Lac Lessard platinum group metals project to a private company. Under the option agreement, Eastmain has received an initial option payment of $85,000. In order to earn a 100% interest in the project, the

  • News

    GOLD: Eastmain options Ruby Hill properties to Benz

    May 4, 2020 by Canadian Mining Journal

    QUEBEC – Eastmain Resources has optioned the Ruby Hill East and West properties to Benz Mining. These holdings are directly west of the Eastmain Mine project, which was optioned to Benz last August. Under the terms of the option agreement, Benz

  • COVID-19: Coronavirus impacts spread across mining sector

    March 19, 2020 by Alisha Hiyate and Magda Gardner

    As the world seemingly moves into lockdown to halt the transmission of the novel COVID-19 virus, the uncertainty and restrictions on movement are taking a toll on markets and commodities. After initially benefiting from uncertainty around the virus and peaking

  • News

    MINING PEOPLE: Azimut, Eastmain, Endeavour Mining, G2 Goldfields, Noront, RNC Minerals

    March 5, 2020 by Canadian Mining Journal

    Donald McInnes has resigned from the board of Aurelius Minerals with Gilles Arseneau appointed a director of the company. David de Jongh Weill, Axmin’s CFO and a director of the company, has resigned. Glenn Mullan has been appointed as a

  • News

    GOLD: Eastmain steps out at Clearwater’s Caradoc showing

    January 27, 2020 by Canadian Mining Journal

    QUEBEC – Eastmain Resources has reported the results of 13 drill holes completed at its Clearwater gold property. The holes were drilled around the Caradoc showing and tested a 4.5-km strike length within the 14-km long Knight-Serendipity (KS) banded iron

  • Feature

    Questing for gold in Quebec

    October 1, 2019 by Alisha Hiyate

    Highlights in one of Canada’s most mining friendly provinces

  • News

    SNAPSHOT: Eight companies to watch in Quebec

    September 19, 2019 by Northern Miner Staff

    Mining companies spend an average of $8.5 billion a year in Quebec and the industry generates about $962 million annually for the provincial government, excluding corporate income taxes, according to the latest report from the Quebec Mining Association. The province

  • GOLD: Eastmain options high-grade project to Benz Mining

    August 8, 2019 by Canadian Mining Journal

    Eastmain Resources has optioned one of its three gold projects in Quebec’s James Bay region to junior Benz Mining. The past-producing Eastmain project has indicated resources of 899,000 tonnes grading 8.19 g/t gold, 0.13% copper and 8 g/t silver. Inferred

  • News

    GOLD: Eastmain reports results from Clearwater

    May 14, 2019 by Alisha Hiyate

    Toronto – Eastmain Resources is pleased to report results for 7 drill holes (1,767 metres in the 2019 winter program at the Percival discovery on its 100%-owned Clearwater Property in James Bay, Quebec.  Winter drilling is now complete, with 17 drill holes totalling