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Eastmain’s primary focus is exploration for precious metals in the Eastmain/Opinaca area of James Bay, Québec, a region that is becoming a highly important area for mineral exploration and discovery in North America. [Source: April, 2011 MD&A Filing]
The Eastmain Resources Inc. website is at www.eastmain.com.
Information Links: Yahoo News and Quotes | Yahoo Message Board | StockCharts
This report is based on NI 43-101 resource and reserve disclosures and fully diluted share counts available on 2011-06-20.
The GoldMinerPulse metrics, presented below in table format, are based on all projects and all in situ metals and are updated daily with closing market prices.
| General Metric | Value on 2012-02-03 |
|---|---|
| In Situ Metal Value per Share (MVpSh) | US$29.22 |
| Average Ore Value per Tonne | US$331.90 |
| Metal Value Leverage (MVL) | 22.32 |
| Market Capitalization as a Percentage of Metal Value | 4.5% |
| Recent Closing Stock Price | C$1.3 [note 1] |
| Fully Diluted Share Count | 98.54 M [note 2] |
| Percentage In Situ Proven + Probable Reserve | 0% |
| Percentage In Situ Measured + Indicated Resource | 38% |
| Percentage In Situ Inferred Resource | 62% |
| Metric | Value on 2012-02-03 |
|---|---|
| Gold Reserves + Resources | 1.67 M oz |
| Average Gold Ore Grade | 6.0 g/t |
| Market Capitalization per oz of Gold In Situ | US$77.31 ( C$76.79 ) |
| Gold Equivalent Ounces Estimate | 1.67 M oz |
| Market Capitalization per oz of Gold Equivalent | US$77.31 ( C$76.79 ) |
Note 1: Conversion rate used: 1 Cnd$ = 1.00682 US$
Note 2: Fully diluted share count taken from April 30, 2011 Interim Consolidated Financial Statements.
All metal counts in this section are based on the combined Proven + Probable reserves plus the Measured + Indicated and Inferred resources.
| Metric / Metal | Gold | ||
|---|---|---|---|
| Total Counts (reserves + resources) | 1.67 M oz | ||
| Metal Prices in US$ (from 2012-02-03) | $1,725.90 / oz | ||
| Metal Value per Share (MVpSh) Shown in US$. Based on fully diluted share count | $29.22 | ||
| Percentage of Total Metal Value | 100.00% | ||
| Metal Value Percentage Proven + Probable | 0% | ||
| Metal Value Percentage Measured + Indicated | 38% | ||
| Metal Value Percentage Inferred | 62% | ||
The above metal value totals derive from the following projects.
| Project | Location | Metal Value per share (% total) | Average Ore Value US$/t | Gold | PP% | MI% | I% |
|---|---|---|---|---|---|---|---|
| Eau Claire Underground | Quebec, Canada | $18.20 ( 62.3% ) | US$394.36 | 1.04 M oz | 0 | 12% | 88% |
| Eau Claire Open Pit | Quebec, Canada | $11.02 ( 37.7% ) | US$263.07 | 629.07 K oz | 0 | 80% | 20% |
| Eastmain Gold Mine | editState, editCountry | $0.00 ( 0.0% ) | 0 | 0 | 0 |
PP%: percentage of metal value from Proven + Probable reserves
MI%: percentage of metal value from Measured + Indicated resources
I%: percentage of metal value from Inferred resources
Note: percentages may no add to 100% due to rounding errors
The Eastmanin Gold Mine has a 1M tonnes @ 9.95 g/t Au historical estimate which may not be NI43-101 compliant and which are therefore not included in this report. [Source: April, 2011 company presentation]
Latest NI43-101 Report:
( pages).
Project Location: editState, editCountry in the editMiningRegionName mining region. View project on a Google Map.
Latest NI43-101 Report: TECHNICAL REPORT
ON THE
EAU CLAIRE GOLD DEPOSIT
CLEARWATER PROJECT
2011-06-10 (86 pages).
Project Location: Quebec, Canada. View the Clearwater project on a Google Map.
Average Ore Value (all estimate types): US$263.07
Measured + Indicated
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $8.79 | 501.87 K oz | 5.720 g/t | 2.73 M t |
Estimate notes: See TABLE- I EAU CLAIRE OPEN PIT AND UNDERGROUND RESOURCE ESTIMATE on p. 11 of 86 in the NI 43-101 dated December 2005.
0.5 g/t cut-off, uncapped grades
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $2.23 | 127.20 K oz | 2.830 g/t | 1.40 M t |
Estimate notes: See notes for Measured + Indicated.
Latest NI43-101 Report: TECHNICAL REPORT
ON THE
EAU CLAIRE GOLD DEPOSIT
CLEARWATER PROJECT
2011-06-10 (86 pages).
Project Location: Quebec, Canada.
Average Ore Value (all estimate types): US$394.36
Measured + Indicated
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $2.27 | 129.81 K oz | 6.460 g/t | 625.00 K t |
Estimate notes: See TABLE- I EAU CLAIRE OPEN PIT AND UNDERGROUND RESOURCE ESTIMATE on p. 11 of 86 in the NI 43-101 dated December 2005.
2.5 g/t cut-off, uncapped grades
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $15.93 | 909.38 K oz | 7.210 g/t | 3.92 M t |
Estimate notes: See notes for Measured + Indicated.
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