East Asia Minerals acquires Indonesian copper-gold projects

Vancouver-based mining firm East Asia Minerals Corporation announced Wednesday it had now secured several advanced gold-copper land positions in Indonesia through its local partners and has final approvals from the multiple Departments and layers of governments.

The company did not give further detail.

"Currently Canadian and Indonesian counsel are completing last details of the legal agreements. As these agreements are signed EAS will disclose commercial terms and work/drill plans," it said.

"The Company focus remains on its core gold-copper strategy and these agreements will solidify its presence in Indonesia as a highly competitive explorer with a significant, high value gold-copper portfolio." (alex)