EAS says drilling extends gold mineralization at Aceh gold project

Vancouver-based mineral exploration firm East Asia Minerals Corporation (EAS) reported Tuesday that drilling continued to extend gold mineralization south and north from the Miwah Main Zone in Aceh Province.

EMD022 encountered 3.55 g/t gold over 48.1 metres, including 9.95 g/t gold over 11 metres in the upper part of the Miwah Main Zone. It also encountered 0.33 g/t gold over 30.5 metres in the recently discovered Lower Zone, it said.

EMD023 encountered 1.32 g/t gold over 90 metres, including 1.90 g/t gold over 50.3 metres.

EAS also announced several new discoveries of favourable vuggy silica in erosional window outcrops up to 600 metres to the west of the previously defined Miwah Main Zone, considerably expanding the potential east-west width of the Miwah Main Zone.

EMD024 was drilled 125 metres north from EMD023, and was completed at 209 metres downhole depth. The hole encountered visually altered and mineralized rock from 90 metres downhole depth to the end of the hole. Assays are pending.

EMD025 is commencing with a 270 degree azimuth and 55 degree, to test west from the EMD024 mineralized intersection.

EMD026 is commencing as a north-westerly step out from EMD014. This hole is targeting the extension of silicification to the north and east of the Miwah Bluff portion of the Miwah Main Zone.

EAS field crews have discovered favourable vuggy silica in outcrops up to 600 metres west of EMD024, reinforcing the model that the mineralized silica zone extends under cover further west of the current Miwah Bluff outcrops and drilling.

"Strong and consistent gold mineralization in EMD022 and 023, the intersection of favourable vuggy silica to the north in EMD024, and newly discovered favourable outcrop to the west of the Main Zone, all reinforce our belief that the Miwah gold system is potentially one of the more important gold discoveries in this exploration cycle" remarked Michael Hawkins, President and CEO of EAS.

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)