eastmain res. - 500 Beiträge pro Seite

[meagain]

eastmain verfügt über derzeitig 1,2 mio. unzen resourcen in kanada.
neue bohrergebnise können zu einer deutlichen anhebung der resourcen auf eu claire führen.
goldcorp hält 9,5 % der aktien und baut ausserdem in der nähe eine mill für sein roberto projekt.diese könnte dann eventuell auch von eastmain zur produktion genutzt werden.
hört sich alles sehr gut an,aber trotzdem keine kauf-empfehlung.müsst euch schon selbst etwas arbeit machen mit research und so.

[Art Bechstein]

Antwort auf Beitrag Nr.: 32.708.132 von meagain am 09.12.07 15:39:36

ich hatte die mal in 2003 und kann mich erinnern, dass sie damals auch schon was über 1 Mio. oz an Gold-Rsourcen im Clearwater-Projekt hatten...scheint sich ja nicht viel getan zu haben in den letzten 4 Jahren

[meagain]

Antwort auf Beitrag Nr.: 32.708.668 von Art Bechstein am 09.12.07 18:08:09

nun,es dürfte wohl einige uprgades innerhalb der resourcekategorien in den letzten jahren sein.dies war wohl auch das vorrangige ziel.jetzt aber kommt eine ganz neue ader dazu.im günstigsten fall könnten sich die resourcen verdoppeln.dazu noch die mill die goldcorp baut,der ceo von eastmain spricht im korelian
interview von möglicher produktion,was eine neue entwicklung bei eastmain betrifft.grandich sieht das potential wohl genauso.
das ist wohl doch einiges was einen deutlich höheren kurs begründen könnte.eastmain hat sich auch in letzter zeit im vergleich zu anderen explorern recht wacker gehalten.

[meagain]

Antwort auf Beitrag Nr.: 32.708.993 von meagain am 09.12.07 19:44:46

nu,mögliche resourcen-verdopplung auf eau claire,würde insgesamt ca.2 mio. unzen ergeben und eine mühle die in unmittelbarer nähe gebaut wird,markedcap ca 50 mio. euro,fully diluted.
würde annehmen das dies kein schlechter kauf ist bei 50 cent.

[meagain]

gestern wieder schönes +,5,8 %.
eastmain hat völlig zu recht die trbulenzen der letzten wochen gut überstanden.die neueste entwicklung ist noch gar nicht eingepreist.dürfte ein scvhönes neues jahr werden für eastmain.

[Prospektor]

..bin hier auch seit einiger Zeit investiert und über den Grandich Letter auf ER aufmerksam geworden...

Die haben ein sehr breit gestreutes Projekt-Portfolio und arbeiten sich schrittweise voran. Das dauert dann alles immer seine Zeit und über den Verlauf der Jahre gesehen konnte man hier wohl noch keine großen Gewinne machen.

Nun ist halt der Goldpreis über 800 und wenn sich der Trend weiter fortsetzt sollten sich eigentlich die Bewertungsmaßstäbe für die Goldressourcen nach oben verschieben.

Noch in Schwebe bei Eastmain ist ja die Eleonore-South-Story wo m.W. großes Potential vorhanden ist, aber noch keine Bohrungen stattfanden.

Die neulich bekanntgewordene erhöhte Potentialschätzung für Clearwater hat merkwürdigerweise am Markt keinen großen Kurssprung ausgelöst- andererseits hat der Titel wie hier schon erwähnt wurde die jedenfalls dieses Jahr schlechten Explorermonate November und Dezember recht gut überstanden.

Gem. früheren Verlautbarungen erwartet die Firma ja bei günstigen Voraussetzungen entsprechende Übernahmen bzw. Kaufangebote von Big Playern für einzelne lukrative Projekte- die dann den Aktionären (endlich) kräftige Wertzuwächse bringen sollen.

Auffällig war kürzlich ein Insiderkauf vom Chef, der m.W. immerhin 100.000 Shares zu Marktpreisen erworben hat.

[meagain]

Antwort auf Beitrag Nr.: 32.856.566 von Prospektor am 23.12.07 19:49:44

stimmt,wie schon erwaähnt hat estmain in den letztemn wochen trotz guter ergebnise nicht zugelegt.andere aktien sind aber deutlich gefallen.wohin eastmain geht wenn sich das marktumfeld verbessert ist leicht abzusehen.

[meagain]

Antwort auf Beitrag Nr.: 32.860.094 von meagain am 24.12.07 12:16:47

und wieder 1,4 % +.so könnte es weitergehen.langsam aber stetig.

[MickyMouse1]

Update von Grandich:

Eastmain Resources (ER-TSE $0.73) - Goldcorp Inc. put the Eastmain/Éléonore region of
James Bay Quebec on the map with the acquisition and pending development of their Éléonore
gold project. Eastmain is a beneficiary from this acquisition with a new gold discovery on the
adjacent Éléonore South JV property and future custom milling for Eau Claire a possibility.
Eastmain recently completed 51 drill holes into the upper portion of its Eau Claire gold deposit
with the objective to determine if the high-grade veins are metallurgically compatible with
the sedimentary gold ore at Éléonore. A second objective is to determine mine grade, as each
additional gram of gold adds $18.9 million to the value of the indicated resources. Assay data
is expected in Q1 2008, however visual evidence is encouraging as visible gold was observed in
55 of 180 veins intersected from the drilling. The project is also sensitive to gold price – adding
$25 million in NAV with every $100 increase.
Drilling on the Éléonore South project is scheduled to begin in the later part of Q1 2008 with a
proposed 10,000-meter program focused on the JT Discovery area. Over 920 of 4,100-meterlong
channel samples contained gold ranging from 10 ppb to 37 g/t. Most of the gold-enriched
samples occur within a 600-meter by 300-meter footprint in the JT area. Visible gold also
occurs in outcrop for a length of 11 meters at the center of this large footprint. This first phase
drill program will test 25 regional targets on the property and determine if the JT Discovery
has a 3rd dimension at depth.
A 10,000-meter drill program is also scheduled for Q2 2008 at the Eastmain gold deposit, to
test below the 255,750-ounce gold resource and to drill 22 targets outlined regionally along
the mine horizon. Future production from this deposit is likely hinged on the construction of an
access road to the region. As with Eau Claire, the NAV of this gold deposit is rising rapidly with
the gold price, now valued at twice the company’s market capitalization.
Eastmain’s treasury has been recently topped-up to $5+ million through the exercise of warrants
by institutional shareholders and with rebates from the Province of Québec. With a minimum
$3 million annual budget and in excess of 20,000 meters of drilling planned, 2008 can be an
exciting year for ER. The current NAV of Eastmain’s measured and indicated gold resources is
worth 4 times the market capitalization of the Corporation, not to mention inferred resources,
a new discovery and multiple exploration projects. Does Roberto have a sister? Management
seems to think it’s not a question of if, but how many? Stay tuned.

[heddog]

Noch jemand hier mit dabei? Es scheint, dass sich das lange Warten doch endlich ausgezahlt hat...

[heddog]

Eastmain Resources Inc. (TSX: ER) -- www.eastmain.com -- is unique among many Canadian junior exploration companies in that it is 100%-owner of two gold deposits – each large enough and rich enough to become near-term producing mines.
The quality of company’s property portfolio is evidenced by Goldcorp’s ownership of nearly 10% of Eastmain stock. Additionally, some 30 percent of the stock is held by major financial institutions and investment funds.
Both Eastmain’s flagship Eau Claire gold deposit and its Eastmain Gold Mine are located in the Eastmain/Opinaca territory of James Bay, Québec, a relatively unexplored region with the growing potential to become a major gold district. The company also is an equal three-way joint venture partner with Goldcorp and Azimut in a nearby gold project adjacent to Goldcorp’s Éléonore discovery.
The company also has attracted a major player in the base metals sector – Xstrata – as a joint venture partner on a promising multi-mineral property in the famed Abitibi Greenstone Belt.
Eastmain has assembled a 1.24 million ounce gold resource on its two gold properties – 565,000 ounces measured and indicated as well as an additional inferred 680,000 ounces of gold. At a conservative value of $750 an ounce, the combined M&I resource puts the Company’s net asset value (NAV) at more than $184 million – significantly more than the company’s present market cap, and positions Eastmain as an excellent vehicle to leverage the price of gold.
High-Grade Eau Claire Resource
Poised for Significant Increase

Eastmain’s Eau Claire high-grade deposit, part of the company’s the Clearwater Project, has surface veins averaging 23.5 g/t or 0.70 oz/t of gold. The vein system continues to depth and contains in excess of 1,000 oz. of gold per vertical metre. Mineralization extends at least 880 metres deep and is open at depth. Recent exploration resulted in 180 drill intersections ranging from 0.5 to 4 metres thick. 55 intersections contain visible gold. A 25-metre-wide corridor containing visible gold was identified in the central part of the Eau Claire deposit.
Final assays, still pending on the 51-hole exploration program, are expected to increase the grade of the Eau Claire deposit. Metallurgical analysis of the vein/schist intersections will be used to determine an optimum processing flow sheet design for the gold ore.
A Hydro Québec power connection is within 3 miles of the project and Eastmain has applied for a permit to build a two-kilometre road to the deposit. Eau Claire may be metallurgically compatible with the Roberto deposit at Goldcorp’s Éléonore mine, which raises the possibility that Eastmain could truck its ore to Goldcorp’s planned mill, eliminating much of the cost of bringing a project to production.
Goldcorp has signed a confidentiality agreement with Eastmain as part of a joint effort to assess the future economic potential of the Eau Claire deposit and how it fits into development of Goldcorp’s Éléonore discovery. Eastmain first formed a strategic alliance with Goldcorp in 2003, renewing the partnership in 2006 for an additional five years.
“Goldcorp’s technical support and input will prove invaluable in the next stages of exploration at Clearwater,” says Eastmain President Dr. Donald J. Robinson.
Similarly, mineralization at the nearby Éléonore South Project joint venture project is similar in style to Goldcorp’s deposit and could be another source of ore for the mill at the Éléonore Roberto deposit.
The Éléonore South Project is a sedimentary hosted gold zone with visible gold a surface and a 10-kilometre-long target zone. Channel samples taken from the 300 x 600-metre JT Target area confirmed the project’s high grade discovery potential. One-third of the samples were enriched with gold. Half of the more than 100 samples contained in excess of 1.0 g/t gold. The VG zone samples included one-metre assays of 37.8 g/t gold, 31.2 g/t silver and 5.33 g/t gold over 8 metres.

Eastmain Mine Project - $100 Million NAV with Huge Blue Sky Potential

About a year ago, Eastmain acquired a 100% interest in the Eastmain Mine Property, located in the same belt as its Eau Claire deposit and Éléonore joint venture. According to historical estimates, the Eastmain deposit contains 255,750 ounces of gold and 4.1 million pounds of copper.
The property contains a copper-gold-silver, sulphide-rich deposit with three known mineralization zones. Numerous gold occurrences have been identified throughout the property. Previous drilling yielded values up to 61.45 g/t gold across 8.95 metres. The mine includes an access ramp and lateral development on two levels. Mining activities achieved recovery rates of 91.9% gold and 95% copper. Based on current metal prices, the deposit, which is open at depth, has a net asset value of about $100 million. That value could easily expand as the company explores and develops its 100%-owned 215 square kilometres of highly prospective ground surrounding the Eastmain Mine and the lateral extension of the mine horizon for a length of about 50 kilometres.

Joint Venture with Xstrata Targets Famed Abitibi Belt

Eastmain’s MEGATEM joint venture project with Xstrata Copper Canada encompasses about 14,500 square kilometres on the Abitibi Greenstone Belt in the Normetal-Detour areas of Ontario and Québec. Abitibi is world renown for its gold, copper, zinc and nickel deposits.
Airborne geophysics has identified five targets that may be part of a volcanogenic massive sulphide, copper-zinc or iron formation hosted gold mineralization. One conductor in St. Laurent township suggests a 400-metre extension of the Patten River nickel showing where, historically, ASARCO reported intersections of up to 0.33% copper and 0.37% nickel over wide intervals. The target also has platinum group potential.

Investment Considerations

Eastmain President and CEO Dr. Donald Robinson has a clear business plan: to acquire, explore and identify low-cost, profitable, long-life ore deposits that, once ready for production development, can be spun off or sold to maximize investor ROI.
Dr. Robinson has led Eastmain since 1994. Previously, he operated a private consulting firm, Robinson Exploration Services, which specialized in the exploration of base and precious metals in Canada and Australia. He managed the exploration of a gold-rich VMS discovery at Lewis Ponds, Australia for Tri Origin Exploration and supervised an integrated base and precious metal program, for Westmin Resources which led to the discovery of the Eau Claire gold deposit.
Under Dr. Robinson’s leadership, Eastmain has kept its focus on mineral properties in Ontario and Quebec – a region ranked among the world’s top 10 places to explore, both because of its wealth of mineral deposits and political stability.
Eastmain has formed partnerships with the world’s leading gold and base metal mining companies that provide strategic joint venture funding and project partnerships to minimize exploration risk while maximizing shareholder value. Strategic partners and investor groups include not only Goldcorp and Xstrata, but such well known mining sector heavy weights as Barrick, BHP Billiton, Newmont, SOQUEM, Azimut Exploration, Dianor Resources, Dundee Precious Metals, Sprott Asset Management, RAB Capital, Anglo Pacific Group, Mineral Fields Fund, Canadian Resource Fund, Northern Precious Metals Fund, SIDEX, SDBJ, Excalibur and Stone & Company Management.
Eastmain Resources is well financed for planned 2008 exploration activities, recently qualifying for $1.5 million from Quebec’s government-sponsored exploration rebate program, as well as $3 million in exercised warrants.
Eastmain is more than poised to take advantage of the current bull market in gold. This is a company with defined ounces in the ground, an aggressive 2008 exploration program expected to significantly expand its resource base, major partnerships and alliances, and solid backing by industry leaders and financial institutions.
“Eau Claire has been a bridesmaid for the last decade, but now the project is about to turn into a bride,” says Dr. Robinson. “Eastmain’s property portfolio provides strong leverage to the price of gold, giving investors an excellent opportunity to realize significant short- and long-term financial gains.”

http://www.thebullandbear.com/bb-reporter/bbfr-archive/Eastm…

[MickyMouse1]

Morgen kommen die Zahlen für das 4. Quartal und es soll ein update zu den Firmenaktivitäten kommen.

Es wird in den nächsten Wochen lecker werden:

1. Drilling in Eleonore South wird am Montag beginnen
2. VG-Results werden Ende Mätz/Anfang April erwartet, Bulk Sample Resultate anschliessend.


Danach haben wir die Aufmerksamkeit des Marktes. Schön wie wenig der Wert bisher gepusht wird.

[MickyMouse1]

Heute wieder ein schöner Anstieg in Kanada um 7.55%.

Drilling in Eleonore South hat mittlerweile begonnen, GG übernimmt alle Kosten dort.

Die Ergebnisse von Clearwater sollen nächste Woche kommen und danach gehts dann richtig ab.

[MickyMouse1]

Gestern wieder ein Anstieg um 5.26% in Kanada.

Darf ruhig so weiter gehen !

[MickyMouse1]

News from Grandich:

Eastmain Resources (ER:TSE $ 1.17) – Last month, Goldcorp Inc. exercised its right to up
its ownership of the Eleonore South JV (Goldcorp-Eastmain-Azimut) by funding the project
through to a bankable feasibility study, while keeping Eastmain as the operator. This decision
speaks to their opinion of the exploration potential of the project and to the work completed to
date. Eastmain now has a vested interest in any future discovery in this new mining district
without any further financial drain on the Corporation. In addition, in the most recent NI 43-
101 report on the mine property, there is a remarkable similarity between the geological
settings of the Roberto gold deposit and the JT discovery zone. A first phase drilling is underway.
Eastmain and its shareholders are eagerly awaiting the assay results from the most recent
drill program at Eau Claire. This program was successful in providing six tonnes of goldbearing
vein material for metallurgical testing. Visible gold was noted in 55 of 180 vein
intersections from the program, suggesting that the definition drill grade will be higher than
previous estimates. The NAV of the project is highly sensitive to both gold price and gold
grade. Additional definition drilling is recommended to target near surface high grade open
pit resources for 2008.
Eastmain has also identified a new exploration target at its wholly-owned Eastmain gold
deposit. The main gold zone or "contact ore type" at the Eastmain deposit is mineralogically
and geologically comparable to the multi-million-ounce Detour Lake gold deposit located in
Ontario. A new "hanging-wall" ore type recently discovered at Detour outlines a very large
multi-million ounce gold resource. The same geological setting and target-type is also evident
at the Eastmain gold deposit, and has never been sampled or tested. This ore type provides a
large and very attractive exploration target on their wholly-owned Eastmain gold deposit
and Ruby Hill properties.

[MickyMouse1]

Nach dem heutigen Drilling mit bis zu 2540 g / t Gold, dürfte die Ressourcenkalkulation im 4. Quartal ein wenig mehr als 1 Mio indiziert haben :
Das warten hat sich gelohnt !!!!


Eau Claire Gold Deposit

VG samples average 70.74 g/t Au, up to 2,540 g/t Au


April 02 2008
Eastmain Resources Inc. (TSX: ER)

announces initial assay results for the visible gold samples from Eau Claire deposit drilling completed in December 2007. The average grade of 76 half-metre drill core samples containing visible gold is 70.74 g/t gold or 2.07 ounces per ton (Table 1). The gold content of these samples ranges from 0.5 to 2,540 g/t gold (74.2 ounces per ton). A total of 180 quartz-tourmaline vein and schist drill intercepts ranging from 0.5 to more than 4.0 metres in thickness were intersected within the Eau Claire gold deposit. Visible gold observed in drill core ranges from 1 to over 100 grains per intercept and varies in size from less than 1 mm to more than 4 mm.
Exceptional assay results were intersected in the recent drilling. Hole ER07-87 averaged 136.8 g/t gold or 4 ounces per ton over a two-metre interval within the P Vein and hole ER07-98 cut a one-metre section of the R Vein, which assayed 1,313 g/t gold or 38.14 ounces per ton.

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 in the central part of the deposit. Visible gold was intersected in 34 of 51 drill holes within six different veins (H, I, P, JQ, R and S). Drilling at 12.5-metre centres indicates that high-grade gold appears to be evenly distributed both laterally along strike and vertically within the detailed drill area. A second drill program is now planned to develop and upgrade additional near-surface, high-grade resources east of the 450 West Zone.

The recent 12.5-metre drilling at Eau Claire has demonstrated a positive correlation of drill hole spacing with gold grade - gold grade appears to increase with closer drill spacing. The previously reported indicated resource grade for the deposit, based on 25 to 50 metre drill intervals, is 9.46 g/t gold. However, the composite surface grade of the deposit is 23.5 g/t or 0.70 ounces per ton gold, based on a 5-metre channel sample interval. A new resource calculation based on 12.5-metre drill intervals, which will follow the second tranche of detailed drilling, is expected for Q4 2008. To date the gold deposit contains in excess of 1,000 ounces of gold per vertical metre (NI-43-101- Dec 30, 2005; 2007 AIF).



51 HQ (96 mm diameter) drill holes (ER07-60 to ER07-110) were completed at the Eau Claire deposit within the 450 West Zone, over a strike-length of 300 metres and to a vertical depth of up to 100 metres. From these holes, 1,980 half-metre core samples were submitted to SGS Minerals Lakefield Research Laboratories for assay and metallurgical testing. Assay results are pending for over 1,900 core samples of vein and schist material. See website for drill plan maps.


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
.
With its focus on the district of James Bay, Quebec, Eastmain is a Canadian gold exploration company with 100% interest in the Eau Claire and Eastmain gold deposits. Eastmain also holds interest in 12 projects within the district, including the Eleonore South property, where a new sedimentary-gold discovery has been found in a similar geologic setting to Goldcorp's Roberto deposit. The Company has a minimum budget of $3.75 million for gold exploration in Quebec.



For further information please contact Eastmain Resources Inc.: Dr. Donald J. Robinson, President or Catherine

Butella, Exploration

[MickyMouse1]

Ja, und das Warten lohnt sich noch immer.

Gestern wieder ATH und damit auf Basis CAD ein Verdoppler bisher in diesem Jahr und dabei sind noch gar nicht alle Ergebnisse veröffentlicht.

Auf CAD-Basis werden wir in den nächsten Wochen sicherlich noch deutlich ansteigen. Manche sprechen von einem weiteren Verdoppler bis zu CAD 3.- in den nächsten Wochen. Nett, sehr nett !

[MickyMouse1]

Update von Grandich und gestern wieder ein toller Anstieg von 11.3%.

Doch seht selber:

Eastmain Resources (ER-TSE $1.47) – The 2008 phase one drill program at the Eleonore
South JV project (Goldcorp, Eastmain, Azimut) has been completed. Prior to initiating the
program, Goldcorp exercised its right to increase its ownership in the JV from 1/3 to 40% by
completing a bankable feasibility study. This relieves both junior partners of any financial
obligation in the project until a production decision is contemplated. For the interim, Eastmain
remains as project manager. The near term objective of the first drill campaign is to determine
if the JT surface discovery extends in the third dimension at depth in the form of gold-bearing sediments. The ultimate objective is to outline gold resources in a new deposit (Roberto's
Sister). Assay data from this program is pending.
At Eastmain's 100%-owned Clearwater Project initial assay data from the last drill program is exceptional. The average grade of 76 half-meter drill core samples containing visible gold is
70.74 g/t gold or 2.07 ounces per ton. The highest grade sample contained 2.54 kilograms
gold per tonne or 74.2 ounces per ton. The near term objective is to expand and upgrade the
gold resources. Assay data is pending for 1,900 ½ HQ core samples. It is apparent that there is a positive correlation of core diameter and drill hole spacing with grade. To date, the deposit
contains 1,000 ounces of gold per vertical meter. An increase in grade and geometry of the ore veins may double or triple the near surface ounces per vertical meter. This gold deposit is two
kilometers from road access and located in the Province of Quebec, which covers half of the exploration cost! A second phase of drilling is planned to further expand the open pit resources
and search for another deposit nearby.
The first phase drill program for the Eastmain gold deposit is schedule to begin this summer.
The project is a direct analogue to the Detour Gold deposit located in Ontario. Detour Gold
recently announced a near term target of 10 million ounces in the form of a “super pit.” The
geology and gold-ore from both projects are similar, thereby enhancing the exploration potential of the Eastmain gold deposit. The best place to find ore is by drilling at depth below
and beside an existing deposit or next door to a major discovery. Eastmain Resources with be drilling under “metal” at Eleonore South, Clearwater (Eau Claire) and the Eastmain gold mine in 2008.

Hört sich alles irgendwie sehr gut an, und außerdem haben wir hier schon mehr als eine Verdoppelung dieses Jahr gesehen.

[grasgruener]

Jun 13, 2008 08:16 ET
Eastmain Resources Inc. Announces CDN$11,900,000 Bought Deal Private Placement of Units
TORONTO, ONTARIO--(Marketwire - June 13, 2008) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Eastmain Resources Inc. ("Eastmain") (TSX:ER) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and including Genuity Capital Markets and Laurentian Bank Securities (together the "Underwriters") pursuant to which the Underwriters have agreed to purchase on a private placement basis 8,500,000 units (the "Units"), at a price of $1.40 per Unit (the "Issue Price") for gross proceeds to Eastmain of $11,900,000. The Underwriters have the option to purchase up to an additional 1,275,000 Units at the Issue Price up to 48 hours prior to closing of the offering. Each Unit will consist of one common share and one-half of one common share purchase warrant. Each whole common share purchase warrant will entitle the holder to purchase one common share at a price of $2.00 for a period of 24 months following the closing of the offering.

The offering is scheduled to close on or about July 3rd, 2008 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange.

The net proceeds of the offering will be used for continued development of the Company's Clearwater gold project that hosts the Eau Claire Deposit, the Eleonore South JV, the Eastmain Mine, and other advanced exploration properties in Quebec and Ontario, and for general corporate purposes.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Eastmain Resources Inc. (TSX:ER)

With its focus on the district of James Bay, Quebec, Eastmain is a Canadian gold exploration company with 100% interest in the Eau Claire and Eastmain gold deposits. Eastmain also holds interest in 12 projects within the district, including the Eleonore South property, where a new sedimentary-gold discovery has been found in a similar geologic setting to Goldcorp's Roberto deposit. The Company has a minimum budget of $3.75 million for gold exploration in Quebec.

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.

[Prospektor]

Antwort auf Beitrag Nr.: 34.297.465 von grasgruener am 13.06.08 14:30:19

..aktuell wird gemeldet, dass die Unterzeichner die Kapitalerhöhung noch aufgestockt haben auf jetzt 14 Mio $ zu gleichen Konditionen und daneben noch m.W. die Option auf Zeichnung weiterer 1,5 Mio $ haben.

Fließt also erst mal genug Cash in die Kasse von Eastmain, im SH wird allerdings bedauert, dass man nicht einen noch besseren Kaufkurs erreichen konnte bzw. bei der momentan wohl guten Unternehmenslage noch zu dem Anreiz der kostenlosen Optionen gegriffen hat.

Vermutlich wollten die Zeichner aber diese für sie günstige Basis haben, um bei einem Kursanstieg über die nächsten Jahre auch möglichst stark zu profitieren.