East Asia Minerals reports progress With Abong and Sangihe drill programs

Monday, June 2 2008 - 11:44 PM WIB

Canadian firm East Asia Minerals Corporation reported on Monday that drill programs at its Abong, Aceh province and Sangihe projects North Sulawesi are progressing well towards the planned year-end NI43-101 resource estimates.

Drilling at the flat-lying, near-surface Abong Jasperoid Prospect continues to produce gold-bearing intercepts including 3.60 g/t gold over 13.0 metres and 2.69 g/t gold over 17.0 metres. Additionally, drilling in the northeast and south-central areas of the Binebase Prospect at the Sangihe Property is defining the oxide gold outlines for the extensive near-surface Binebase-Bawone epithermal gold mineralization, the company said.

East Asia Minerals 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 drilled to define NI43-101 compliant resources. (alex)

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