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Category: Junior: Late Stage Developer
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Eastmain Resources Inc
www: www.eastmain.com     email: info@eastmain.com

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Notes
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Your Data

Symbol Data

Symbol Currency
OTCMKTS:EANRF USD
TSE:ER CAD

Description

Eastmain Resources Inc are a gold focused junior, late stage development company with exploration properties in Canada. They have approximately 1.65Moz. of gold in the reserves and resources category of which 0.85Moz. are in the measured and indicated category. They have a market capitalisation of ~C$33.08M which is a rise of roughly 55% over the last two months. As of 05/19/2019 they have no debt and ~C$2.3M cash. They have 222M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.

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General Details

Financial 05/19/2019
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $21.38M $33.08M 05/19/2019 $11.71M
Total Assets: $65.32M $67.39M 05/19/2019 $2.08M
Total Liabilities: $6.68M $6.89M 05/19/2019 $0.21M
Current Assets: $2.97M $3.06M 05/19/2019 $0.09M
Current Liabilities: $1.26M $1.30M 05/19/2019 $0.04M
Total Debt: $0.00M $0.00M 05/19/2019 $0.00M
Cash: $2.23M $2.30M 05/19/2019 $0.07M
Enterprise Value: $19.15M $30.79M 12/23/1970 $11.64M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: Yes Yes 05/19/2019 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 05/19/2019 0.00%
Misc 05/19/2019
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 222,000,000 222,000,000 05/19/2019 0
Shares (FD): 240,000,000 240,000,000 05/19/2019 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 06/01/2023 05/19/2019 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
05/19/2019 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
05/19/2019 0
Initial CapEx (Outstanding): $140.00M
654.91% of Mkt.Cap
$140.00M
423.16% of Mkt.Cap
05/19/2019 $0.00M
Funding Option: n/a n/a 05/19/2019 n/a
Documentation: none PEA 05/19/2019 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 05/19/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 05/19/2019 0.00M
Measured & Indicated: 0.85M 0.85M 05/19/2019 0.00M
Inferred: 0.80M 0.80M 05/19/2019 0.00M
Reserves & Resources: 1.65M 1.65M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 05/19/2019 0.00M
Measured & Indicated: 0.61M 0.61M 05/19/2019 0.00M
Inferred: 0.36M 0.36M 05/19/2019 0.00M
Reserves & Resources: 0.97M 0.97M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 05/19/2019 $0.00
Extra Operating Cost: n/a n/a 05/19/2019 $0.00
Average Grade: 5.00 g/t 5.00 g/t 05/19/2019 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 05/19/2019 0.00%
F
U
T
U
R
E
Proven & Probable: 1.20M 1.20M 05/19/2019 0.00M
Annual Production: 80,000oz. 80,000oz. 05/19/2019 0oz.
Cash Cost: $600 $600 05/19/2019 $0
Extra Operating Cost: $400 $400 05/19/2019 $0
SILVER 05/19/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 05/19/2019 0.00M
Measured & Indicated: n/a n/a 05/19/2019 0.00M
Inferred: n/a n/a 05/19/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 05/19/2019 0.00M
Measured & Indicated: n/a n/a 05/19/2019 0.00M
Inferred: n/a n/a 05/19/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 05/19/2019 $0.00
Extra Operating Cost: n/a n/a 05/19/2019 $0.00
Average Grade: n/a n/a 05/19/2019 n/a
Recovery Rate: n/a n/a 05/19/2019 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 05/19/2019 0.00M
Annual Production: n/a n/a 05/19/2019 n/a
Cash Cost: n/a n/a 05/19/2019 n/a
Extra Operating Cost: n/a n/a 05/19/2019 n/a

Property

Last Analysis Data  (05/19/2019)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Ontario, Canada Abitibi Extension 100% n/a n/a n/a
Exploration Ontario, Canada Abitibi MegaTEM 65% n/a n/a n/a
Exploration Ontario, Canada Akweskwa 100% n/a n/a n/a
Exploration James Bay Lowlands, Qc, Canada Clearwater 100% 50,000 Both show
Eua Claire deposit is 1.9 million oz at 5 gpt. It will get built. They need to option it.

Very large property.
Exploration Quebec, Canada Dyna 100% n/a n/a n/a
Exploration Quebec, Canada Eastmain Mine 100% (guess) 8,000 n/a show
250,000 oz historical deposit. Past producing mine.

Large property. Early exploration. High grade.
Exploration Quebec, Canada Eleonore South 100% 15,000 n/a show
Drilling.

Early exploration.
Exploration Ontario, Canada Kidd 100% n/a n/a n/a
Exploration Quebec, Canada Lac Elmer 50% n/a n/a n/a
Exploration Quebec, Canada Lac Hudson 100% n/a n/a n/a
Exploration Matagami, Qc, Canada Lidge 100% n/a n/a n/a
Exploration Quebec, Canada Radisson 100% n/a n/a n/a
Exploration New Brunswick, Canada Railroad 100% n/a n/a n/a
Exploration Quebec, Canada Reservoir 100% n/a n/a n/a
Exploration Quebec, Canada Road King 100% n/a n/a n/a
Exploration New Brunswick, Canada Rocky Lake 75% n/a n/a n/a
Exploration New Brunswick, Canada Tingley Brook 75% n/a n/a n/a
Total Land Package Size (ha): 73,000  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Ontario, Canada Abitibi Extension 100% n/a n/a n/a
Exploration Ontario, Canada Abitibi MegaTEM 65% n/a n/a n/a
Exploration Ontario, Canada Akweskwa 100% n/a n/a n/a
Exploration James Bay Lowlands, Qc, Canada Clearwater 100% 50,000 Both show
Eua Claire deposit is 1.9 million oz at 5 gpt. It will get built. They need to option it.

Very large property.
Exploration Quebec, Canada Dyna 100% n/a n/a n/a
Exploration Quebec, Canada Eastmain Mine 100% (guess) 8,000 n/a show
250,000 oz historical deposit. Past producing mine.

Large property. Early exploration. High grade.
Exploration Quebec, Canada Eleonore South 100% 15,000 n/a show
Drilling.

Early exploration.
Exploration Ontario, Canada Kidd 100% n/a n/a n/a
Exploration Quebec, Canada Lac Elmer 50% n/a n/a n/a
Exploration Quebec, Canada Lac Hudson 100% n/a n/a n/a
Exploration Matagami, Qc, Canada Lidge 100% n/a n/a n/a
Exploration Quebec, Canada Radisson 100% n/a n/a n/a
Exploration New Brunswick, Canada Railroad 100% n/a n/a n/a
Exploration Quebec, Canada Reservoir 100% n/a n/a n/a
Exploration Quebec, Canada Road King 100% n/a n/a n/a
Exploration New Brunswick, Canada Rocky Lake 75% n/a n/a n/a
Exploration New Brunswick, Canada Tingley Brook 75% n/a n/a n/a
Total Land Package Size (ha): 73,000  

Profitability (by resource)

Proven &
Probable
05/19/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: n/a n/a n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): n/a n/a n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.00M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: n/a n/a n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.00M
Maximum Profit (Gold): n/a n/a n/a $0.00M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: n/a n/a n/a $0.00M
Max Profit / Current MCap: n/a n/a n/a 0.000
Max Profit Per Share (Gold): n/a n/a n/a $0.00
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: n/a n/a n/a $0.00
Total Free Profit Per Share: n/a n/a n/a $0.00
FD Mkt. Cap / Gold Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Silver Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Per Metal
as % Spot Price:
n/a n/a n/a 0.00%
Measured &
Indicated
05/19/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.85M 0.85M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.33M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.61M 0.61M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.24M
Maximum Profit (Gold): $118.67M $180.74M n/a $62.08M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $118.67M $180.74M n/a $62.08M
Max Profit / Current MCap: 5.551 5.463 n/a -0.088
Max Profit Per Share (Gold): $0.49 $0.75 n/a $0.26
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.49 $0.75 n/a $0.26
Total Free Profit Per Share: $0.37 $0.57 n/a $0.20
FD Mkt. Cap / Gold Eq.: $34.93 $54.06 n/a $19.13
FD Mkt. Cap / Silver Eq.: $0.39 $0.61 n/a $0.21
FD Mkt. Cap / Per Metal
as % Spot Price:
2.74% 3.80% n/a 1.07%

Reserves &
Resources
05/19/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.65M 1.65M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.65M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.97M 0.97M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.38M
Maximum Profit (Gold): $188.47M $287.06M n/a $98.59M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $188.47M $287.06M n/a $98.59M
Max Profit / Current MCap: 8.816 8.677 n/a -0.140
Max Profit Per Share (Gold): $0.79 $1.20 n/a $0.41
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.79 $1.20 n/a $0.41
Total Free Profit Per Share: $0.67 $1.02 n/a $0.35
FD Mkt. Cap / Gold Eq.: $21.99 $34.04 n/a $12.04
FD Mkt. Cap / Silver Eq.: $0.25 $0.38 n/a $0.13
FD Mkt. Cap / Per Metal
as % Spot Price:
1.72% 2.39% n/a 0.67%

Future Valuation (Cash Flow & Totals)

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