EAS commences independent resource estimate at Miwah

Vancouver-based metals exploration firm East Asia Minerals Corporation (EAS) announced on Monday that Mining Associates Pty Ltd has been contracted to complete a NI43-101 compliant resource estimate and report for the Miwah Gold Project in Aceh Province.

The report is planned for completion end-Q1 2011 to early Q2-2011, it said, adding that a fourth diamond drill rig is being mobilized to the property to accelerate the ongoing resource estimate drill program.

Planning for the 2011 program at Miwah has been completed. In addition to delivery of the initial resource estimate the company anticipates completion of metallurgical, environmental and scoping studies by year end. Concurrent to the advanced program at the Miwah Main Zone, exploration including diamond drilling will continue and is designed to extend the known resource target area, and to undertake more regional work on the 30,000 hectare Miwah tenement to generate a pipeline of district-wide targets for drill testing.

"We have been consistently encouraged by the veracity of the geological model and mineralization at Miwah", stated Michael Hawkins, President and CEO of EAS. "With more than 50 successful diamond drill holes completed we are pleased to take the Miwah Main Zone to the next stage of advancement. It is our intention to deliver an initial resource estimate in the New Year and to work towards demonstrating the potential to add to these numbers. With a strong treasury, we are fully financed to complete the planned 2011 program at Miwah". (alex)