EAS completes Aceh tenements license conversion

East Asia Minerals Corporation reported that that in addition to the previously announced receipt of the Aceh Province Miwah, Barisan I, Barisan II and Takengon Ijin Usaha Pertambangan (IUP "Mining Licences"), it has received formal documents from the Directorate General of Mineral, Coal and Geothermal confirming the finalized conversion of its Aceh Province Tangse tenement to IUP.

All of the Company's Aceh tenements are now converted to IUP.

At the Tangse porphyry copper project East Asia Minerals has mapped and sampled the area where historic exploration identified surface exposed supergene copper mineralization. The Tangse project has significant exploration upside and is sparsely drilled. In addition it has excellent logistics, being located only 100 kilometres to the southeast of the Provincial capital of Banda Aceh and adjacent to a main regional highway and the power grid, it said.

Michael Hawkins, President and CEO of East Asia Minerals Corporation commented "The Tangse IUP is the final tenement in East Asia Mineral's impressive Aceh portfolio to be converted to the New Mining Law IUP system. We now have excellent long term security of tenure and fiscal stability throughout our Aceh portfolio where we are advancing our flagship Miwah property, and where drilling of our large size potential gold-copper porphyries will commence in Q3-2010. We see exceptional potential to add further value to the Company as we commence drilling our several porphyry assets, and advance exploration at Tangse and Takengon."

East Asia Mineralsis an Asian-based, Canadian mineral exploration company with gold and copper exploration properties in Indonesia, and uranium exploration properties in Mongolia. In Indonesia the Company has a 70 to 85% interest in six advanced gold and gold-copper properties located in Aceh Province, Sumatra, and Sangihe Island, North Sulawesi. Two of these, the Sangihe (Binebase-Bawone) and Barisan 1 (Abong) gold projects, are being advanced to define NI43-101 compliant resources. (alex)