EAS extends gold mineralization at N. Sulawesi prospect

Vancouver-based mining company East Asia Minerals Corporation (EAS) reported on Wednesday that infill and extension drilling results at its Binebase copper-gold project on Sangihe Island, North Sulawesi, has extended the near-surface oxide gold zone 300 metres southeast of previous drilling,.

The Binebase Gold Zone remains open to the south and southeast. Binebase drilling on the central southern flank of the gold zone has additionally encountered previously unknown, gold-bearing, primary semi-massive sulphide mineralization, including 26.2 metres of 1.20 g/t gold, below the oxide mineralization, the company said.

Previous EAS diamond core drilling at the Binebase gold Project has outlined a north-west trending, near-surface gold oxide zone measuring 700 metres long by 300 metres wide.

Further drilling is planned to test for southeast extensions of both this sulphide body and the near-surface oxide blanket, the company said.

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)