East Asia intercepts 2.15 g/t gold over 59.1 m at Miwah Main Zone

Monday, March 15 2010 - 04:49 PM WIB

Vancouver-based exploration firm East Asia Minerals Corporation announced Monday that drilling continued to demonstrate the robustness of the Miwah Main Zone in Aceh Province.

EMD021 encountered 1.36 g/t gold over 157 metres including 2.15 g/t gold over 59.1 metres, and ended in mineralization. East Asia has validated the 1.2 kilometre east-west width of the shallow, laterally extensive Main Miwah Gold Zone, and has encountered gold mineralization in all of its holes, it said.

The Main Miwah Gold Zone remains open in all directions with the Moon River area expanding the north-south potential from 400 metres to more than 600 metres, whilst remaining open further to the north towards Sipopok.

EMD022 is progressing with a 190 degree azimuth and 70 degree dip to test the area immediately south of EMD001/002/003/018. The hole entered visually altered and mineralized rock at 5.7 metres depth. Surface rock sampling in this area gave 9.22 g/t gold over 14 metres, 6.62 g/t gold over 6 metres, and 2.5 g/t gold over 24 metres.

EMD023 is progressing with a due north azimuth and 50 degree dip to test north from the high-grade gold mineralization encountered by EMD018 and EMD019, as well as testing the recently discovered underlying massive/vuggy silica layer in EMD018. The hole entered visually altered and mineralized rock at 53.7 metres depth.

The Miwah Gold Prospect was partially defined by approximately 3,100 metres of drilling in twelve holes by a previous explorer in 1997. All holes drilled during this program intersected significant alteration and mineralization with intercepts including 71 metres of 1.4 g/t gold and 58 metres of 1.1 g/t gold. The previous explorer suggested potential for 100 Mt at 1.1 to 1.2 g/t gold, however a review of the historical data indicates that early drilling was parallel to higher grade (greater than 5 g/t gold) structures at surface.

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)

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