TORONTO, ONTARIO--(Marketwired - Sept. 17, 2013) - Eastmain Resources Inc. (TSX:ER) announces that due to personal reasons Mr. William Koyle has stepped down from the Board of Directors. Mr. Koyle has served the Company for a decade as the Chair of the Audit Committee and Lead Director. Eastmain's management is very grateful for Bill's significant contribution and dedication to the Company. His many insights, especially those with respect to the mining industry and related financial matters, will be greatly missed.
The Company also announces that Mr. Murray Short has joined Eastmain's Board of Directors effective immediately. Mr. Short, a Chartered Professional Accountant with RLB, LLP Guelph, Ontario has expertise in financial reporting, auditing, governance, management and marketing. Mr. Short will serve as the Chair of the Audit Committee.
Furthermore, the Company has strengthened its exploration team with the addition of Mr. David Rivard as District Geologist, Québec. A member of the Order of Québec Geologists, Mr. Rivard is a qualified person as defined by National Instrument 43-101. With significant experience in exploration of the James Bay region of Québec, including the early development of Éléonore, Mr. Rivard has had diversified exposure to a number of gold and base metal deposits located in eastern Canada.
"We are very saddened with the departure of Mr. Koyle from Eastmain's Board of Directors. Bill served the Company well, and his tireless contributions over the past decade are deeply appreciated by management and the Board. He will be missed by all" states Don Robinson. "We are also pleased to welcome Mr. Short to the Board of Directors and look forward to working with him. And the addition of Mr. Rivard continues to reinforce the strengths of our exploration team in James Bay, Québec" adds Mr. Robinson.
About Eastmain Resources Inc. (TSX:ER)
Eastmain is a Canadian gold exploration company with 100% interest in the Eau Claire and Eastmain gold deposits. The Corporation holds a dozen exploration projects within the James Bay District, including an interest in the Éléonore South property jointly with Goldcorp Inc., and has allocated $7.5 million for 2013 Québec exploration. The Corporation has sufficient working capital to continue its exploration programs for the foreseeable future.
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 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.