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Eastmain Resources kicks off second phase of drilling at Eleonore South

Wednesday, March 1, 2017 7:59
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Eastmain Resources Inc (TSE:ER) told investors that drilling had started on its second phase of the 5,000-metre diamond drilling program at its Eleonore South joint venture property in the James Bay region of Quebec.

The 12  hole, 2,500m program will continue to assess high-potential gold targets along a 4km long by 500-metre-wide corridor,  east of the JT prospect and to the east and west of the joint venture’s recently discovered Moni prospect.

The work has three aims, including following up encouraging results from phase 1 drilling at that corridor, where results included 76.1 grams per tonne gold over 1.55 metres in one hole, and testing the eastern extensions immediately south of the Cheechoo discovery.

The third goal is to test the western extension of the corridor toward the JT prospect.

The Eleonore South property is being explored as a three-way joint venture between Eastmain Resources, which has 36.7%, Azimut Exploration Inc (26.6%) and Les Mines Opinaca Ltee (36.7%), a wholly owned subsidiary of Goldcorp Inc.

Azimut is the operator of the current program.

Story by ProactiveInvestors


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