The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Hitting Multi-Gold Intercepts at Eau Claire
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ERIC LEMIEUX, Laurentian Bank Securities
(05/08/2009)
"Eastmain has reported final assay results from its winter drill campaign on the high-grade central portion of the Eau Claire gold deposit. Continuity and grade has been confirmed by Eastmain's 2009 infill drill program. We believe Eastmain has with current and previous drilling expanded the high-grade central portion of the deposit and confirmed extensions. With approximately 365 gold-bearing, quartz-tourmaline veins with an average grade of 14 g/t Au over an average width of 1.3m, the Eau Claire deposit should be set to grow as 125 HQ drill holes totaling 21,720 meters, have been completed within the upper 300 meters of the deposit. We believe results suggest that a potential open pit high-grade gold resource mined by selective mining methods is being confirmed. We believe these results confirm that the Eau Claire deposit is well placed to potentially be developed as a satellite deposit of Goldcorp's Eleonore project. Eastmain has an experienced and focused management and technical team. We reiterate our Speculative Buy rating with a $1.60 target price." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
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