East Asia Minerals continues to extend N. Sulawesi copper-gold prospect

Canadian mineral exploration firm East Asia Minerals Corporation reported on Monday that drilling at the Sangihe copper-gold prospect in North Sulawesi, continued to extend the Bawone Prospect.

According to the company, drill hole BOD-07 intersected 31.6 metres of 3.75 g/t gold, including 21.6 metres of 5.02 g/t from 3.4 metres depth. Drill hole BOD-08 encountered 100.0 metres of 0.86 g/t gold, with sampling ending in 3.26 g/t gold near the end of hole in a newly recognized mineralization type.

These results indicate the presence of a potentially significant near surface epithermal gold mineralized zone of at least 80 metres width, open along strike in both directions and overlying possible porphyry style mineralization, the company said.

"We continue to be greatly encouraged by the Bawone Prospect and other gold-copper mineralized zones on the Sangihe Property", stated Michael Hawkins, President and CEO of the company. "The gold mineralization remains consistent over great widths and we are confident we will continue to enhance the potential of the Bawone Prospect, while opening up other prospects such as Binebase and Brown Sugar. We are well on track to commence drill definition for 43-101 compliant resources at Sangihe during 2008".

The company has a 70 to 85% interest in five advanced gold and gold-copper projects located in Aceh Province in Sumatra and North Sulawesi.(alex)