EAS identifies additional Miwah gold targets, drilling to begin Q2

Wednesday, April 1 2009 - 01:32 AM WIB

Vancouver-based mineral exploration firm East Asia Minerals Corporation (EAS) reported Tuesday that ongoing mapping and sampling of the multi-million ounce potential Miwah gold prospect in Northern Sumatra is in the final stages of target definition for the upcoming drill program, planned to commence in the second quarter of 2009.

Concurrently, initial prospecting and sampling has begun near the recently discovered Sipopok gold prospect, located 1.5 kilometres northeast of the Miwah gold prospect.

The Company also reports it has identified several new high-potential gold targets on the Miwah property as a result of reprocessing historical airborne data.

The Miwah Gold Prospect was partially defined by approximately 3,000 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 of 1.4 g/t gold and 58 metres of 1.1 g/t gold. The previous explorer suggested potential for 100 Mt at 1.1 to 1.2 g/t gold (minimum 3.5 million ounces 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.

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)

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