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Eastmain definition

Eastmain means Eastmain Resources Inc., a corporation subsisting under the laws of Ontario;

Examples of Eastmain in a sentence

  • The Eastmain Mine project along with the Ruby Hill East and Ruby Hill West projects are under option to Benz Mining Corp.

  • The project is located in the Upper Eastmain river greenstone belt adjacent and along strike with 2 southeast gold trends identified by Eastmain resources including the past producing Eastmain Mine that extracted 118,356 t @ 10.6 g/t of gold between 1994 and 1995 (Ressources MSV, Quebec government statutory report GM 56083, 1997).

  • In 2017, the geological survey completed over the course of the summer by the MENR (Bulletin Géologique: Géologie de la region de l’île Bohier, Beauchamp and Massei, 2017) outlined a favourable zone measuring 5 km by 2 km for mineralization similar to that of the former Eastmain Mine (Indicated Resources of 899,000 tonnes at 8.19 g/t Au and Inferred Resources of 579,000 tonnes at 7.48 g/t Au; refer to the January 9, 2018 news release available at www.eastmain.com).

  • Acquisition costs of $3,029 and the expense of $3,450 arising from 1,570,754 share options and 1,297,591 warrants issued to former Eastmain share option and warrant holders were included in the total purchase price.

  • On September 18, 2017, the Company entered into an agreement (the “Quebec Properties Agreement”) with arm’s length parties for an option to acquire interest in 115 mineral claims in the Eastmain Property, Lac Du Beryl Property and Corvette Property, located in the James Bay Region, Quebec.

  • Following completion of the Transaction, Fury Gold acquired Eastmain’s 100% interests in the Eau Claire and Eastmain Mine projects as well as interests in nine other properties covering approximately 109,000 hectares in total within the Eeyou Istchee James Bay region of Québec.

  • The mafic to felsic volcanic rocks and subordinate associated iron formations and sedimentary rocks form the Anatacau-Pivert Formation (Eastmain Group).

  • On March 14, 2017 the Company sold the Eastmain Properties for 350,000 shares of Amex Exploration Inc.

  • The property is in James Bay on the south shore of the Eastmain Reservoir and approximately 60 km north of the Nemaska Cree Community.

  • Such factors include, but are not limited to, the risk that the Company’s option agreements with Eastmain Resources may not be completed or fulfilled for any reason whatsoever and the potential development of the Eastmain project to a producing mine may not occur as planned or at all and the Company may not meet all requirements to maintain its listing on the TSX Venture Exchange.

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