EAS receives ?IUP? for Aceh gold project

Vancouver-based exploration firm East Asia Minerals Corporation it has received formal documentation and license confirming the completed conversion of the Aceh Province Miwah tenements to Ijin Usaha Pertambangan (IUP) as required by the new Mining Law

The Miwah tenements comprise the Company's flagship Miwah Gold Zones which are progressing towards completion of NI43-101 resource estimates in 2010.

To date East Asia has drilled more than 900 metres strike length along the shallow, laterally extensive 1.2 kilometre long Main Miwah Gold Zone, and has encountered wide intercepts of gold mineralization in all holes drilled. The Main Miwah Gold Zone remains open in all directions.

"This is a very significant step for Miwah", commented Michael Hawkins, President and CEO of East Asia Minerals Corporation. "The IUP's give us 3 years within which to complete exploration and deliver a positive feasibility study, potentially extended to 5 years. Thereafter under Indonesian Law, there is automatic conversion of the licences to development licences for an initial 20 year term, renewable for a further 20 years. We see delivery of the IUP's as giving us excellent security of long term tenure with fiscal stability, and is further validation of our assessment that the New Mining Law of Indonesia is globally attractive."

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)