EAS extends Miwah further north towards Moon River
Saturday, April 10 2010 - 01:29 AM WIB
EMD024 encountered 3.96 g/t gold over 111 metres, including 15.74 g/t gold over 22 metres, indicating increasing grade and thickness to the north. The hole was terminated, due to rig limitations, at 209 metres with the penultimate and ultimate metre intercepts downhole grading 17.25 g/t gold and 20.6 g/t gold respectively.
EAS has drill validated the 1.2 kilometre east-west outcrop width of the shallow, laterally extensive Miwah Main Zone, and has encountered gold mineralization in all of its holes. The Miwah Main Zone remains open in all directions with the Moon River area expanding the north-south potential to more than 600 metres, whilst remaining open further to the north towards Sipopok. Sampling west of the Miwah Main Zone has potentially expanded the east-west width another 600 metres.
?The Company notes that with the latest drilling results that the Miwah Main Zone has now been extended towards a similar northing as Moon River.? It said.
EMD024 was drilled with a due north azimuth and 55 degree dip, 125 metres north from EMD023, and was completed at 209 metres downhole depth.
EMD025 was drilled with a due west azimuth and 55 degree dip, to test west from EMD024, and was completed at 210 metres downhole depth. Commencing at 87.8 metres depth the hole encountered multiple zones of visually altered and mineralized rock to 206.6 metres. Assays are pending.
EMD026 is being drilled with a 310 degree azimuth and 50 degree dip, targeting the extension of silicification to the north and east of the Miwah Bluff portion of the Miwah Main Zone. It is a north-westerly step out from EMD014. The hole is progressing well, having encountered visually altered and mineralized rock from 104 metres downhole depth.
EMD027 is commencing with a 180 degree azimuth and 55 degree dip, to confirm thickness and test for gold grade variation in the high-grade vuggy silicification north from EMD023.
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)