Eastmain

Benz Mining: Multiple New Conductors Open Eastmain to the North

Retrieved on: 
Wednesday, May 26, 2021

Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.

Key Points: 
  • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.
  • In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems.
  • 1 loop for 37line-km of fixed loop survey was commissioned by Benz Mining to TMC Geophysics at the Company's Eastmain Property in Quebec.
  • Benz Mining Corp conducted a 37line-km Fixed Loop Time-Domain Electromagnetics survey on the Eastmain Property.

Benz Mining: Assays Confirm the Discovery of 2 New Trends at Eastmain

Retrieved on: 
Thursday, February 11, 2021

Highly successful maiden scout drilling campaign returns individual assays up to 85.0g/t gold

Key Points: 
  • We have discovered two entirely new high grade mineralised systems at the Eastmain Project and extended the known mineralized trend by 1.8km along strike.
  • Mine mineralization similar to the Eastmain deposit was identified but the area had not been drilled sufficiently to establish a resource estimate.
  • This area is covered by ~20m of glacial overburden making this a blind discovery through the successful use of electromagnetics.
  • Benz is earning a 100% interest in the former producing high grade Eastmain gold mine, Ruby Hill West and Ruby Hill East projects in Quebec.

Benz Mining: 50,000m Diamond Drilling Program and Large Surface EM Survey Underway at Eastmain

Retrieved on: 
Monday, January 18, 2021

Toronto, Ontario--(Newsfile Corp. - January 18, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to announce that its planned 50,000m diamond drilling campaign has started at the Eastmain Gold Project.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - January 18, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to announce that its planned 50,000m diamond drilling campaign has started at the Eastmain Gold Project.
  • The first hole being drilled targets the conductors recently identified 200m in the footwall of the Eastmain mine mineralization.
  • We have enough undrilled conductors from the 2020 EM campaign to provide targets for the first three months of drilling.
  • In the meantime, we will be running an intensive EM survey to generate additional targets in a system which already has the hallmarks of a large mineral system."

Highly Successful Maiden Exploration Campaign Identifies New Mineralized Trend at Eastmain

Retrieved on: 
Wednesday, December 23, 2020

The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.

Key Points: 
  • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
  • The 152 claims that form the Eastmain Mine Property are all in good standing with an active status.
  • 1696 - Canex Aerial Exploration Ltd & Placer Dvelopment Ltd - Airborne magnetic and EM surveys with ground geophysics follow up.
  • 2005-2007 - Eastmain Resources - Purchase of the project from Campbell Resources, VTEM, Prospecting, regional exploration.

Auryn and Eastmain Announce a C$22.5 Million Equity Financing

Retrieved on: 
Monday, August 31, 2020

The Subscription Receipts will be exchanged for common shares of Auryn concurrently with completion of the recently announced transaction whereby Auryn will acquire Eastmain (Eastmain Transaction) after spinning-out Auryns Peruvian operations to Auryn shareholders.

Key Points: 
  • The Subscription Receipts will be exchanged for common shares of Auryn concurrently with completion of the recently announced transaction whereby Auryn will acquire Eastmain (Eastmain Transaction) after spinning-out Auryns Peruvian operations to Auryn shareholders.
  • The Eastmain Transaction will create Fury Gold Mines Limited (Fury Gold), a leading developer of Canadian gold projects.
  • The sale of Subscription Receipts will fulfill a principal condition of the Eastmain Transaction.
  • A Message from Blair Schultz, Interim President & CEO of Eastmain:
    This financing is a big step forward for Eastmain as we prepare to become Fury Gold Mines shareholders.

Auryn to Acquire Eastmain Resources and Spin Out Peruvian Assets

Retrieved on: 
Thursday, July 30, 2020

Auryn Resources Inc. (TSX: AUG, NYSE American: AUG) (Auryn) and Eastmain Resources Inc. (TSX: ER) (Eastmain) are pleased to announce that they have entered into a definitive agreement (the Agreement) pursuant to which Auryn will acquire all of the issued and outstanding shares of Eastmain, immediately following a spin out of Auryns Peruvian projects to Auryn shareholders and completion of a concurrent financing (collectively, the Transaction).

Key Points: 
  • Auryn Resources Inc. (TSX: AUG, NYSE American: AUG) (Auryn) and Eastmain Resources Inc. (TSX: ER) (Eastmain) are pleased to announce that they have entered into a definitive agreement (the Agreement) pursuant to which Auryn will acquire all of the issued and outstanding shares of Eastmain, immediately following a spin out of Auryns Peruvian projects to Auryn shareholders and completion of a concurrent financing (collectively, the Transaction).
  • Auryn to spin out Peruvian assets into two new SpinCo companies SpinCo Sombrero consisting of the Sombrero project and SpinCo Curibaya consisting of the Curibaya and Huilacolloprojects described below.
  • Auryn will spin out its Peruvian projects to Auryn shareholder via two recently formed British Columbia companies.
  • The directors and officers of each of Auryn and Eastmain, collectively holding 17,097,116 Auryn securities and 16,962,821 Eastmain securities, have entered into voting agreements with Eastmain and Auryn, respectively, under which they agree to vote in favour of the resolutions approving the Transaction.

Eastmain Resumes Exploration on High-Priority Targets

Retrieved on: 
Thursday, July 2, 2020

Exploration activities will focus on extending the Eau Claire mineral resource envelope at depth and testing new regional exploration targets at Radisson, Reservoir and Clearwater ( FIGURES 1-6 ).

Key Points: 
  • Exploration activities will focus on extending the Eau Claire mineral resource envelope at depth and testing new regional exploration targets at Radisson, Reservoir and Clearwater ( FIGURES 1-6 ).
  • Blair Schultz, Interim President and CEO commented, Eastmain has one of the premier land positions in James Bay with over 100,000 hectares of prospective exploration ground.
  • With a robust PEA, and an extensive exploration land package in James Bay, we expect Eastmain to garner the markets attention again as we ramp up near-term exploration efforts.
  • Eastmain is a Canadian exploration company operating in the Eeyou Istchee emerging James Bay gold camp in Qubec.

 Eastmain Appoints David Stein to the Board of Directors

Retrieved on: 
Wednesday, March 4, 2020

Laurence (Laurie) Curtis, Chairman of Eastmain Resources Inc. (TSX:ER, OTCQB:EANRF) (Eastmain or the Company) is pleased to announce that David Stein, CFA, MSc.

Key Points: 
  • Laurence (Laurie) Curtis, Chairman of Eastmain Resources Inc. (TSX:ER, OTCQB:EANRF) (Eastmain or the Company) is pleased to announce that David Stein, CFA, MSc.
  • Mr. Stein takes the place of Mr. Lemasson who stepped down from the Company in December 2019.
  • Laurie Curtis, Eastmain Resources Chairman commented, We are delighted to welcome David Stein to our board.
  • David Stein is a well-respected Mining Executive with over 20 years experience bridging the gap between the technical and financial sectors of natural resources.

Government of Canada and Cree Nation Government working collaboratively to protect Eastern James Bay

Retrieved on: 
Thursday, June 27, 2019

James Bay is an environmentally important and distinct sub-arctic ocean ecosystem, which is part of the larger Hudson Bay inland sea.

Key Points: 
  • James Bay is an environmentally important and distinct sub-arctic ocean ecosystem, which is part of the larger Hudson Bay inland sea.
  • We are working with the Cree Nation Government to protect Eastern James Bay and advance reconciliation with Indigenous peoples."
  • Through Budget 2016, the Government of Canada provided $42.4 million to continue working towards creating new national parks and national marine conservation areas, including the proposed national marine conservation area in Eastern James Bay.
  • The eastern shores of James Bay are home to four Cree First Nations Waskaganish, Eastmain, Wemindji, and Chisasibi.