EAS: Moon River significantly expands potential size of Miwah

Vancouver-based firm East Asia Minerals Corporation (EAS) reported Tuesday it has identified new gold mineralized samples from the Moon River area at its Miwah Gold Zones in Aceh province.

The Moon River area expands the width potential of the Miwah Main Zone from 300 metres to more than 600 metres, and it remains open to the north, the company said.

Work at the Moon River area has discovered new and important gold mineralization based on increased geological understanding. The Company predicted that if it extended further to the north than previously thought, the gently north dipping Miwah Main Zone would re-outcrop in the Moon River area. Rock sawn channel samples in this area have returned significant gold values (up to 1.78 g/t gold) over significant widths. Combined with the similarity of host rock and alteration to the Main Miwah Gold Zone, it is believed that the Moon River area represents potential to greatly expand the northern continuity of the gold mineralization, it said.

"The discovery of alteration and gold mineralization at Moon River has taken on further significance when it is viewed in context with re-processed geophysical data", explained Michael Hawkins, President and CEO of EAS. "The Moon River alteration and mineralization is part of a package of altered and mineralized rock that has distinctive chargeability, resistivity and magnetic signatures. This we note extends all the way from the Miwah Main Zone to Sipopok, approximately 1.5 kilometres to the north, and although we are in the early stages of the exploration of the extensions of Miwah Main Zone, we are greatly encouraged by the way all the pieces are fitting together."

With a second rig on its way to Miwah, East Asia Minerals Corporation is already contemplating the addition of a third rig, so that the potential extensions of the Miwah Gold Zone at Moon River and Sipopok can be tested early in 2010.

EAS 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)