East Asia Minerals intercepts gold at N. Sulawesi prospect

Canadian exploration firm East Asia Minerals Corporation (EAS) reported on Thursday the intersection of 16 metres (from 8 to 24 metres) grading 2.71 g/t gold, 33.2 g/t silver and 0.41% copper in hole BOD-06, drilled in the Brown Sugar Zone, a new area at its Sangihe Project in Northern Sulawesi.

Drilling at the Brown Sugar Zone was conducted in a previously un-drilled area located 400 metres southwest of and sub-parallel to the Bawone Prospect.

EAS has defined the Brown Sugar Zone on surface over 120 metres and it remains open in both directions along strike. Trench sampling by EAS includes 7.8 metres of 15.6 g/t gold and 195 g/t silver, 12.0 metres of 2.45 g/t gold, and 10.0 metres of 2.65 g/t gold. This mineralization is in addition to and expands on gold intersections recently announced for the Bawone Prospect where drilling encountered wide gold zones including 95 metres of 2.15 g/t gold in BOD-01 (reported October 16, 2007).

Due to positive results being encountered at the Bawone and Binebase Prospects, and now the Brown Sugar Zone, the drill rig originally scheduled to move to the Aceh projects will remain at Sangihe and return to Bawone to commence delineation drilling.

A second rig will begin drilling on the Aceh projects in November, starting at the Abong Prospect where historic trench results include 16 metres of 3.84 g/t Au, and 8 metres of 2.0 g/t gold. East Asia sampling at Abong averaged 1.22 g/t gold and 10 g/t silver, with a high of 3.52 g/t gold and 29 g/t silver, in sediment-hosted silica-replacement (jasperiods) of calcareous sediments.(alex)