East Asia Minerals advances Miwah Main Zone towards Moon River with 1.05 g/t gold over 149.7m

Vancouver-based mineral exploration company East Asia Minerals Corporation (EAS) announced Thursday that it continues to close the gap between the Miwah Main Zone and Moon River at the gold-rich Miwah Project in Aceh Province.

In addition to recently announced EXD003, which expanded the western Miwah Bluff portion of the Main Zone well into the northing of Moon River where it remains open to the north, new diamond drill hole EMD043B has also advanced the central Block M portion towards Moon River. EMD043B encountered 1.05 g/t gold over 149.7 metres, including 1.36 g/t gold over 13.5 metres and 2.06 g/t gold over 32 metres, the company said.

EMD043B was drilled with a 230 degree azimuth and 50 degree dip to test southwest from the Moon River area towards mineralization intersected in EMD033 and EMD037/037B. The hole was completed in mineralization and encountered 1.05 g/t gold from 58 to 207.7 metres (149.7 metres), including 1.36 g/t gold from 68 to 81.5 metres (13.5 metres) and 2.06 g/t gold from 170.5 to 202.5 metres (32 metres).

This alteration/mineralization is located at the south edge of the Moon River surface sample area. It remains open to the north and at depth, and is interpreted to be contiguous to gold-rich holes drilled in all other directions.

East Asia has diamond drill validated the 1.2 kilometre east-west outcropping width of the shallow, laterally extensive Miwah Main Zone, and has encountered significant gold mineralization in more than 95% of all holes analyzed to date. The Miwah Main Zone remains open in all directions with the Moon River area expanding the north-south potential to more than 600 metres, whilst remaining open further to the north towards Sipopok.

Drilling has extended the Miwah Main Zone well into the northing as Moon River. Sampling west of the Miwah Main Zone in the Signal area has potentially expanded the east-west width another 600 metres and remains open. Recent sampling east of the Miwah Main Zone in the East Block M area has potentially expanded the east-west width another 400 metres and remains open.

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. (denny)