June 12, 2008�������������
Eau Claire Gold Deposit
100 Drill Intersections Average 28.03 g/t Gold
Eastmain Resources Inc. (TSX:ER) announces additional assay results
from its wholly-owned Eau Claire gold deposit, located in Northwestern
Qu�bec. Drilling completed in December of 2007 yields the following: 100 drill intersections contain
an average of
28.03 g/t gold or 0.82 ounces per ton over 1.25 metres,
including 50 vein
intervals with an
average grade of 50.01 g/t or 1.46 ounces gold per ton
across 1.25 metres. The average grade of 141 quartz-tourmaline veins
intersected in the 450 West Zone is 21.18 g/t gold (0.62 ounces per ton) over an
average width of 1.21 metres. View Drilling Table Here
Highlights from the drill program include drill
hole ER07-87, which assayed 79.76
g/t gold or 2.33 ounces per ton across 3.5 metres and
hole ER07-98, which cuts a high-grade, metre-thick vein assaying 1,313.5 g/t gold or 38.35 ounces
per ton, including up to 2,540 g/t gold (74.2 ounces per ton)
over one-half metre. These results
clearly suggest that the previously reported indicated resource will
increase significantly.
The previously reported indicated resource grade
for the deposit, based on 25- to 50-metre drill-hole spacing, is 9.46 g/t
gold. However, the composite surface grade of channel samples from the
deposit, taken every five metres across the veins, is 23.5 g/t gold or
0.70 ounces per ton. The average
grade of the quartz-tourmaline vein samples intersected in this recent
closely-spaced drill program (12.5-metre spacing) noticeably approximates
the composite surface grade.
Drilling across the 450 West Zone at Eau Claire
has confirmed excellent continuity of multiple gold-bearing veins,
defining a high-grade corridor containing visible gold throughout the central
part of the deposit. Gold-rich, quartz-tourmaline rock was intersected in
six different veins (H, I, P, JQ, R and S). Initial assay data was
previously reported for 76 half-metre samples containing visible gold
averaging 70.74
g/t Au or 2.07 ounces per ton (April 2, 2008 news
release). These high-grade intervals, intersected in 34 of 51 holes, are
evenly distributed throughout the drilled area both laterally and
vertically. View Drill Plan Maps Here
Drilling to date at Eau Claire has also
demonstrated a positive correlation of drill hole spacing with gold grade
- gold grade appears to
increase with closer drill spacing and larger sample size. Prior to the
recent drilling, the gold deposit contained in excess of 1,000 ounces of
gold per vertical metre (NI-43-101- Dec 30, 2005; 2007 AIF). Assay
results are pending for 250 core samples of vein and schist material.
A second program of definition drilling,
expected to begin early July of this year, will test the eastern part of
the deposit. The objectives of this program are to continue to expand and
upgrade near-surface, high-grade resources for a length of 600 metres and
to a depth of 300 metres, through closely-spaced drill holes, and to
search for a second deposit on the property.
"We
are extremely impressed with these drill results. These high grade assays
confirm our interpretation that the potential for increasing resource
ounces at the Eau Claire gold deposit is excellent", states Dr.
Robinson. "These gold grades are comparable to those reported in the richest gold district in the
Canadian Shield - Red Lake
- and are much higher than the
previously stated resource grade for Eau Claire".
Dr. Donald J. Robinson P.Geo, is the
Qualified Person for the information contained in this press release and
is a Qualified Person within the meaning of National Instrument 43-101.
For further
information please contact Eastmain Resources Inc.: Dr. Donald J.
Robinson, President or Catherine Butella, Exploration Manager at (519)
940-4870, fax (519) 940-4871, by e-mail: info@eastmain.com or visit our website at www.eastmain.com.
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The
statements made in this Press Release may contain forward-looking
statements that may involve a number of risks. Actual events or results
could differ materially from the Company's expectations and projections.
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