EAS verifies Miwah drill results via independent qualified 3rd party
Tuesday, August 24 2010 - 04:58 PM WIB
This independent third party validation was conducted for drill holes EMD001 to EMD030 and complies with EAS? policy of robust QAQC protocols and technical excellence. ?Although EAS undertakes a continuous and robust QAQC program at all of its exploration projects, including independent Qualified Person validations at various times throughout ongoing drill campaigns, the announcement of these independent results for Miwah are designed to put to rest rumblings from some quarters of the industry and investment community.?
Findings of the independent third party verification conclude that 1) the core sampling, analytical and QAQC protocols used by EAS at Miwah are in line with industry practice and are considered by the independent third party to be in-line with international best practice, and 2) the sampling by the independent third party returned gold values of similar tenor to the values previously reported by EAS and confirmed the presence of a well mineralized gold and silver system at Miwah. The independent third party is confident, following their site visit and the results of its sampling, that the general range of gold and silver values reported by East Asia Minerals are representative of the values that can be expected from the Miwah deposit.
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)
