East Asia Minerals encounters 14.0 m of 9.41 g/t Gold in Miwah trench sampling

Vancouver-based mineral exploration firm East Asia Minerals Corporation reported Thursday that recent trench sampling at its Miwah Project located in Aceh Province has encountered significant gold mineralization, including 14.0 metres of 9.41 g/t gold.

These results are from a virtually un-drilled breccia target located west of the principal area drill tested by a previous explorer in the 1990's, it said.

Miwah is located within the same arc as the Martabe high sulphidation gold deposit in North Sumatra (Resources: 6MOz of gold and 60MOz of silver; Average grade: 1.9 g/t gold and 24.9 g/t silver).The Miwah property also contains a large high sulphidation epithermal alteration and mineralization system measuring 800 metres by 1000 metres that is geologically similar to Martabe.

It was partially defined by approximately 3000 metres of drilling in eleven holes by a previous explorer in the 1990s. All holes drilled during this program intersected significant alteration and mineralization with intercepts including 71 metres at 1.4 g/t gold and 58 metres at 1.1 g/t gold.

Previous explorers 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 clearly parallel to higher grade (greater than 5 g/t gold) structures at surface, and hence significantly higher overall grades are anticipated from better oriented drill holes.

Integration of recent encouraging trench results and historical work, combined with ongoing detailed surface mapping and sampling will form the basis for selecting optimum drill targets which are anticipated to be drill tested later in the year, the company said.

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.(alex)