TSX-listed project developer Eastmain Resources has started preparations to start a preliminary economic assessment (PEA) on the Eau Claire deposit, located on its 100%-owned Clearwater property in James Bay, Quebec.
The news follows the company releasing on Monday an updated mineral resource estimate for Eau Claire, reporting stronger grades, more conservative parameters, and a new understanding of the high-grade schist (HGS) veins, which was made possible by tighter drill spacing in the core of the deposit.
