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Eastmain Completes Phase-One Drilling to Test Highly-Prospective Targets at Lac Lessard Project

Eastmain Resources Inc. announced the completion of a phase-one drilling program to test highly-prospective VTEM geophysical targets at its Lac Lessard project. The program, funded by Darnley Bay Resources Ltd., as part of its first-year work commitment to an option agreement, whereby DBL can earn 50% of the project, consisted of 11 drill holes (1,995 metres) of heli-supported diamond drilling.

Highlights

  • 10 VTEM targets drill-tested
  • 9 of 11 drill holes intersected the Crete-du-Coq ultramafic intrusion
  • Drill hole LL15-02 intersected disseminated sulphides over 13.8 metres with semi-massive sulphides over 1.8 metres in VTEM target Mx1b
  • Assay data is pending for 728 split-core samples

10 VTEM geophysical targets coincident with the Crete-du-Coq ultramafic intrusion were tested during the drill program. Field work completed during the summer of 2014 delineated a number of areas containing disseminated sulphides, with elevated nickel-copper-PGM values within this layered ultramafic intrusion. Nine of eleven holes drilled intersected layered pyroxenite and gabbro units comprising the Crete-du-Coq intrusion. Moderate to strong rock alteration, consisting of serpentine, talc and magnetite was observed in drill core. Associated disseminated sulphides include pyrrhotite, pyrite and chalcopyrite.

Drill hole LL15-02, which tested VTEM conductor Mx1b, intersected 13.8 metres of disseminated sulphide (1 to 5% pyrrhotite, pyrite, chalcopyrite) within the ultramafic intrusion. This unit includes a 1.8-metre-wide interval ranging from 5 to 20% sulphide at a depth of 101.7 metres. 728 split-core samples have been submitted for assay; results are pending.

Dr. Donald J. Robinson P. Geo, President and Chief Executive Officer of Eastmain, Qualified Person under National Instrument 43-101 reviewed and approved the technical data presented in this press release.

About Eastmain Resources Inc. (TSX:ER) Eastmain is a Canadian exploration company with 100% interest in the Eau Claire and Eastmain gold deposits, both of which are located within the James Bay District of Quebec. Eau Claire, our core asset, has superior infrastructure within a favourable jurisdiction and is royalty free. The Corporation also holds a pipeline of exploration projects in this new Canadian mining district.

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