EAS drills 1.95 g/t gold over 58m in Miwah

Vancouver-based firm East Asia Minerals Corporation reported on Monday that diamond drilling has encountered gold mineralization adjacent to the previously outlined Main Miwah Gold Zone in Aceh Province, Northern Sumatra, opening the potential to expand the zone considerably.

Hole EMD014, drilled north of the mineralized strike tested by East Asia to date, encountered 1.38 g/t gold over 101 metres, including 1.95 g/t gold over 58 metres. To date East Asia has drilled more than 900 metres strike length along the shallow, laterally extensive 1.2 kilometre long Main Miwah Gold Zone, and has encountered wide intercepts of gold mineralization in all holes drilled. The Main Miwah Gold Zone is open in all directions.

?The company sees the results from EMD014 to be particularly encouraging, as it indicates that Miwah might extend further northwards than previously thought,? it said.

For EMD015, the drill rig has been relocated to the east end of the Main Miwah Gold Zone to test south of EMD012A/013 where 1.28 g/t gold over 183.5 metres was encountered. EMD015 replaces the previous planned step-out to the east of EMD012A/013, which was postponed due to difficulties in constructing the required drill pad.

After EMD015, when the previously planned drill pad is expected to be completed, the drill rig will return to the eastern margin of the Main Miwah Gold Zone to continue testing for strike extension, it said.

The Miwah Gold Prospect was partially defined by approximately 3,100 metres of drilling in twelve holes by a previous explorer in 1997, which 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 parallel to higher grade (greater than 5 g/t gold) structures at surface. Hence, in addition to greater mineralized tonnage, significantly higher overall grades are anticipated from better geological understanding, results of the Company's detailed sampling, and properly 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 advanced to define NI43-101 compliant resources. (alex)