EAS receives IUP for Barisan II tenement

Canadian firm East Asia Minerals Corporation (EAS) reported on Monday has received formal documents from the Directorate General of Mineral, Coal and Geothermal, Ministry of Energy and Mineral Resources confirming the finalized conversion of its Aceh Province Barisan II tenement to IUP mining license.

The Company has also recently received IUPs from Aceh Province government for its Miwah, Barisan I and Takengon prospects.

The Barisan II tenement encompasses a cluster of six known porphyry centers within a 6.2 kilometre by 3 kilometre block. At the Upper and Lower Tengkereng areas, two windows of similar porphyry gold-copper mineralization, located about 1.5 kilometres apart, are exposed through shallow inter-bedded sedimentary and volcanic cover rocks and may be linked at depth. Geological features observed in drill core from Upper Tengkereng and surface outcrops at Lower Tengkereng confirm that these systems share many features of the world's best gold-rich porphyry copper deposits in the circum-Pacific rim.

Exploration by East Asia Minerals at the Lower Tengkereng project has provided confidence to improve on grades from the limited historic drilling. Surface channel sampling by East Asia at Lower Tengkereng, including 31 metres of 0.77 g/t gold plus 0.03% copper and 116 metres of 0.33 g/t gold plus 0.04% copper, confirms the presence of gold-rich porphyry mineralization.

At the Bahu project an area of porphyry gold mineralization and alteration has been defined over a 1.6 by 0.9 kilometres area.

Michael Hawkins, President and CEO of East Asia Minerals Corporation commented "The Barisan II IUP gives us excellent long term security of tenure and fiscal stability for this important porphyry gold-copper belt. We are near drill stage at two of these porphyries, the Bahu and Lower Tengkereng, where we see tremendous potential to add further value to the Company."

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)