EAS continues to encounter gold at Aceh project

Vancouver-based mining firm East Asia Minerals Corporation reported it continued to encounter significant gold intercepts from trench sampling at its Miwah Project located in Aceh Province.

These results, including 22 metres of 3.86 g/t gold and 18 metres of 2.86 g/t gold are from the eastern half of the Miwah Bluff area, the company said on Wednesday.

Additional encouraging assay results have been received from channel sampling in trenches at the Miwah gold-copper Project in the same area as previously reported, known as Miwah Bluff. Rock saw channel sampling focused on the eastern side of Miwah Bluff returned consistently strong gold mineralization, hosted specifically in vuggy silica altered breccias and volcanic rock. A total of 954 rock samples assayed so far from Miwah Bluff average 1.22 g/t gold.

The Miwah Bluff alteration and mineralization zone measures 300 metres long by 200 metres wide. Extensive surface channel sampling by EAS and a previous explorer shows that this mineralization occurs within a well defined zone of high sulphidation alteration extending over an area measuring 1000 metres by 1000 metres. Better gold mineralization is closely related to a well-defined body of residual vuggy silica-sulphide forming an impressive resistant, east-northeast trending cliff of massive (vuggy) silica traced for over 1000 metres along strike by over 300 metres wide and up to 200 metres high.

Miwah was partially defined by approximately 3000 metres of drilling in eleven holes by a previous explorer in 1997. All holes drilled during this program intersected significant alteration and mineralization with intercepts including 71 metres at 1.4 g/t gold and 58 metres at 1.1 g/t gold. The previous explorer suggested potential for 100 Mt at 1.1 to 1.2 g/t gold, however a review of the historical data indicates that early drilling was clearly parallel to higher grade (greater than 5 g/t gold) structures at surface, and hence significantly higher overall grades are anticipated from better oriented drill holes.

East Asia Minerals is 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 drilled to define NI43-101 compliant resources. (alex)