East Asia Minerals expands Miwah gold potential

Vancouver-based metal exploration firm East Asia Minerals Corporation (EAS) reported on Monday that as part of continuing exploration of the prolific Miwah Gold Property in Aceh, it has identified new gold mineralized samples from the Signal area, a discovery of favourable massive and vuggy silica exposed in erosional window outcrops extending up to 600 metres west

According to the Company, this area expands the east-west extent of the Miwah Main Zone from 1,200 metres to potentially 1,800 metres, and remains open to the west.

Recent drilling results include EMD026 which encountered and ended in favourable vuggy and massive silica alteration over a 250 metre interval, with the last 18 metres being similar to the high-grade host at the end of EMD024, it said.

Mapping and sampling at the Signal area discovered new and important gold mineralization based on increased geological understanding. EAS field crews discovered favourable massive and vuggy silica in outcrops extending up to 600 metres west of EMD024, reinforcing the model that the mineralized silica zone extends under cover for another 600 metres further west of the current Miwah Bluff outcrops and drilling. Initial chip samples in this area have returned values up to 6.8 g/t gold, and channels of 1.3 g/t gold over 14 metres. Combined with the similarity of host rock and alteration to the Miwah Main Zone, it is believed that the Signal area represents potential to greatly expand the east-west continuity of the gold mineralization. Several assays from the initial sampling are pending, and detailed follow-up including rock sawn channel sampling is planned.

EAS has drill validated the 1.2 kilometre east-west outcropping width of the shallow, laterally extensive Miwah Main Zone, and has encountered gold mineralization in all of its holes. 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 towards a similar 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.

EAS 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)