East Asia drills 2.67 g/t gold over 42m at Sulawesi property

Canadian junior mineral explorer East Asia Minerals Corporation reported on Tuesday that its ongoing drill program on the Binebase Prospect at the Sangihe Island Property, North Sulawesi, continued to encounter significant, near surface epithermal gold and silver mineralization.

According to the company, drill hole BID-14 cut 96.2 metres of 1.30 g/t gold, 48.25 g/t silver and 0.05% copper from surface, including 42.0 metres of 2.67 g/t gold, 86.38 g/t silver and 0.09% copper from 3.0 metres depth. This shallow gold zone remains open along strike in both directions.

Binebase is along strike from, and probably contiguous with, the Bawone prospect approximately 1.2 km away, it said.

East Asia Minerals is an Asian-based, Canadian mineral exploration company with uranium, gold and copper exploration properties in Mongolia and Indonesia. In Indonesia, it has a 70 to 85% interest in five gold and gold-copper properties located in Aceh Province in Sumatra and North Sulawesi.(alex)