EAS encounters gold, firmly connecting Miwah Bluff and Block M
Monday, March 21 2011 - 08:24 AM WIB
EMD059 encountered 1.21 g/t gold over 172 metres, including 3.2 g/t gold over 34 metres, 145 metres north of recently announced EMD058. In addition ongoing drilling has clearly demonstrated that the gold-hosting Miwah horizon continues north past the initial resource estimate block towards Moon River, providing immediate upside potential for future resource expansion, the company said.
East Asia has diamond drill validated the 1.2 kilometre east-west outcropping width of the shallow, laterally extensive Miwah Main Zone, and has encountered significant gold mineralization in more than 95% of all holes analyzed to date. Sampling west of the Miwah Main Zone in the Signal area has potentially expanded the east-west width another 600 metres and remains open. Recent sampling east of the Miwah Main Zone in the East Block M area has potentially expanded the east-west width another 400 metres and remains open.
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. (alex)
