Well its still holiday month before the kids
start schools again -
most brokers at the beach with the kids and family -
this time is often the bargain time of the year -
before the brokers comes back -
Eastmain Discovers
8/30/2007
Eastmain Discovers
Visible Gold Zone – 37.8 g/t Au at Éléonore South
Eastmain Resources Inc. (ER-TSX) is pleased to announce the
discovery of visible gold (VG) along a length of 11 metres
in trenching of a new zone referred to as the VG Zone at
the Éléonore South project, a joint venture with
Les Mines Opinaca Ltée, a wholly owned subsidiary
of Goldcorp Inc.
(TSX: G, NYSE: GG) and Azimut Exploration Inc.
(TSX Venture: AZM). Samples taken across the new VG Zone
assayed 5.33 grams per tonne gold over 8.0 metres and
include an interval grading 20 grams per tonne gold over
2.0 metres.
The VG Zone (Map 1, Trench ELS-07-1E3) lies within the
JT Target Area approximately 80 metres north of the
original JT Target trench (ELS-06-1E1), within the
same package of altered Roberto-type sediments.
Trench ELS-06-1E1 assayed 1.49 g/t gold across 16.0 metres
and 500 metres to the south, the WB showing assayed 5.72 g/t
in a grab sample within gold-bearing altered sediments.
Additional low-grade gold, found in arsenopyrite-bearing
sediments immediately east of the VG Zone, returned values
of 1.05 g/t gold across 7.0 metres and 0.97 g/t gold over
12.0 metres.
Multiple targets have been defined on the property within
a favourable gold-enriched soil geochemical corridor
extending for more than ten kilometres in length.
These priority targets are currently being trenched
and channel sampled as part of a 6,500-metre
trenching program.
To date, trenching and channel sampling confirm a local
in-situ ground source for soil anomalies over the JT Target
Area.
Over 1,750 metre-long channel samples and 300 grab
samples have been submitted for assay thus far.
Trenching and channel sampling carried out over the past two months has expanded the JT Target Area and confirmed a sedimentary-hosted gold setting similar to that found at Goldcorp's Roberto deposit. Approximately 100 metre-long channel samples, taken from a 600-by-300-metre area within these altered sedimentary rocks, assayed from 0.10 to 37.8 g/t gold. Assays for 480 channel samples, including 140 samples from the VG Zone, trench ELS-07-1E5 and the WB showing, are pending. An additional 1,000 samples are planned for other property-wide targets.
The current program is also utilizing Induced Polarization surveys to search for buried metallic targets within the prospective corridor. Induced Polarization (IP) surveys have been completed at a 200-metre line spacing for a length of 12 kilometres and at a 100-metre line spacing across the JT Target Area. Multiple chargeability (IP) highs, locally coincident with altered sediments and anomalous gold in soils, have been detected. Detailed follow-up IP surveys have been completed on 11 other priority areas, which will subsequently be trenched or drilled.
Fieldwork is performed under the supervision of Frank Kendle, P. Geo. This press release was prepared by geologist Dr. Donald J. Robinson, P. Geo, qualified person as defined by National Instrument 43-101. Rock samples were analyzed by fire assay methods at ALS Chemex Ltd.
The Éléonore South project is located immediately south
of Goldcorp's Éléonore project, which includes
the Roberto gold deposit.
goldcorp.com
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don't lose out on great health -
and wellness -
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God Bless |
