Eastmain Resources Inc.
TSX : ER

Eastmain Resources Inc.

August 23, 2016 16:45 ET

Eastmain Announces New Hires to Exploration Team and Exploration Program Update

TORONTO, ONTARIO--(Marketwired - Aug. 23, 2016) - Eastmain Resources Inc. (TSX:ER) ("Eastmain" or the "Company") today announces the appointment of Carl Corriveau, P.Geo, SEG, and Michel Leblanc (Géo) as Exploration Manager and Clearwater Senior Project Geoscientist, respectively. At the Clearwater Project, the three rig drill program is beginning this week. Meanwhile, at Eastmain Mine, two drills will be mobilized and ready to begin drilling in mid-September. Both the Clearwater and Eastmain Mine projects are located in the highly prospective James Bay gold district in northern Quebec.

Claude Lemasson, Eastmain President and CEO commented, "We welcome the appointment of Carl Corriveau and Michel Leblanc. We believe their extensive understanding of geology, deposit evaluation and resource calculation deepens and enhances the knowledge of our exploration team and will be an asset to Eastmain as we aggressively explore our core assets."

EASTMAIN EXPLORATION TEAM

Mr. Corriveau brings over ten years of international exploration project management and evaluation experience. He specializes in advancing world class mineral deposits from early stage exploration, through various technical and economic studies. Most recently, Mr. Corriveau was Chief Project Geologist for the exploration department of Mines Canadian Malartic. He previously worked for Osisko Mining Corporation, Clifton Star Resources, Areva, Unigold Inc., and Services Techniques Géonordic (Mines Virginia) and Consulteck, both in the James Bay region.

Mr. Leblanc joins Eastmain as Clearwater Senior Project Geologist from Mines Canadian Malartic where he served as Geologist. His 15 years of experience is largely focused within Quebec and the Canadian Shield in various Project Geologist roles, while he specialized in managing and supervising exploration work programs, and project evaluation. Previously, he served as Geologist for Mines Indépendantes Chibougamau, Northern Superior Resources and Queenston Mining, in addition to starting ML GéoConsultant, a consulting company.

CLEARWATER PROJECT

Drilling begins this week at the Clearwater Project. The 63,300 m drill program is largely focused on drilling within the Eau Claire deposit to test open pit and underground targets via infill and step out drilling (see press release dated July 26, 2016). Two drill rigs will be stationed at the Eau Claire deposit to complete 56,700 m of open pit infill and step out drilling, shallow underground infill drilling, and resource conversion drilling. A third drill rig is designated to test previously identified, prospective exploration targets within 15 km of the Eau Claire deposit, with a focus on the Snake and Clovis Lake zones. When completed, this rig will then move to accelerate Eau Claire drilling.

EASTMAIN MINE PROJECT

Two drill rigs will be commissioned to begin drilling at the Eastmain Mine Project in mid-September (see press release dated July 12, 2016). The 5,000 m helicopter-supported drill program is focused on four drill-ready targets located along a 10 km mineralized horizon, hosting the Eastmain Mine historical resource* and mine site. The first phase of surface sampling and mechanical trenching is complete, with assays pending.

This press release was reviewed and approved by William McGuinty, P. Geo., Eastmain's VP Exploration and Qualified Person under National Instrument 43-101.

*Resources at the Eastmain Mine (a past producer) are historical resources and should not be relied upon. A Qualified Person has not done sufficient work to classify them as current mineral resources for Eastmain under NI 43-101.

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 Québec. Clearwater, the Company's core asset and host of the Eau Claire deposit, has superior infrastructure within a favourable jurisdiction and is royalty free. Eastmain also holds a pipeline of exploration projects in this new Canadian mining district, including being a partner in the Éléonore South Joint Venture.

Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Eastmain, including, but not limited to details and timing of exploration programs of Eastmain currently proposed for 2016, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals and the availability of financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

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