Eastmain Appoints Dr. Laurence Curtis Director and Chairman of the Board
TORONTO, ONTARIO--(Marketwired - Oct 2, 2015) - Eastmain Resources Inc. ("Eastmain")(TSX:ER) is pleased to announce that the Board of Directors has appointed Dr. Laurence (Laurie) Curtis as director and non-executive Chairman of the Board. With 40 years of experience in the mining industry and capital markets, Dr. Curtis brings a strong proven track record in corporate development, mine development and project financing to Eastmain. Together with Eastmain's Board and Management, Laurie will spearhead the transition of the Company's flagship project, Clearwater, from exploration to development.
As founder of Intrepid Minerals, Laurie was a key member of the senior management and technical teams overseeing all aspects from discovery through operations. Under his guidance as CEO and COO and then as Director, Intrepid transitioned through merger and acquisition to become a gold producer and developer and, as Intrepid Mines Ltd., ultimately attained a market capitalization in excess of $1.2 billion.
During his distinguished career as exploration geologist, consultant and director Laurie was involved with a number of worldwide discoveries. He is credited with the initial discovery and staking of the Back River gold belt, which now hosts the 5M-ounce gold deposit held by Sabina Gold & Silver Corp., and led teams to the discovery of several epithermal systems in the Caribbean Basin. He was actively involved as director on boards of several junior developers with producing mines on several continents, including Wheaton River Minerals, High River Gold Mines, Breakwater Resources and Buryatzoloto.
During the past five years Laurie's career shifted into the financial sector where he was Research Analyst Mining for Clarus Securites then subsequently was Vice President, Senior Analyst Global Resources for Dundee Capital Markets. Most recently he has become Technical Advisor, Capital Markets for a number of funds, including the Tribeca Global Resources Fund.
Laurie is also currently a Director of Stonegate Agricom and Director and Chair of Ferrum Americas.
"We are pleased that Laurie is joining Eastmain's board," stated Dr. John Hansuld, Director. "Laurie's extensive skills and experience, ranging from exploration to mine development and capital market financing will be invaluable to adding technical and strategic depth to our Board as Eastmain moves towards the development of our 100%-owned Eau Claire gold deposit."
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 Quebec. Eau Claire, the Company's core asset, 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.
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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.
Contact
Eastmain Resources Inc.
Dr. Donald J. Robinson
President
(519) 940-4870
Eastmain Resources Inc.
Catherine Butella
Exploration Manager
(519) 940-4870
(519) 940-4871
info@eastmain.com
www.eastmain.com