Release: East Asia Minerals updates exploration program from Sangihe gold project

(18 Oct 2007) - East Asia Minerals Corporation is pleased to announce that its exploration program in Indonesia continues to extend the areas of known gold mineralization at its Bawone-Binebase project. This news follows the Company's October 16, 2007 announcement that it had, in its first three drill holes into the Bawone epithermal gold Prospect, intersected wide zones of near surface gold mineralization including 95 metres at 2.15 g/t gold and 125 metres at 1.67 g/t gold.

Trenching and channel sample results from the Binebase part of the Sangihe gold mineralized system, approximately 1.2 kilometres along strike from and possibly contiguous with the Bawone drilling area, have indicated wide zones of significant epithermal gold mineralization at surface. Results received to date include;

32 metres of 4.18 g/t gold, 38.0 g/t silver, 24 metres of 0.97 g/t gold, 36 metres of 1.10 g/t gold,9 metres of 1.50 g/t gold,8 metres of 1.40 g/t gold,78 metres of 0.51 g/t gold,41 metres of 0.52 g/t gold.

Historic trench results (from the 1980's) from this area also include 52 metres of 2.14 g/t gold and 62 metres of 1.2 g/t gold. East Asia has conducted cyanide leach testing of mineralization in these zones and reports that generally more than 90% of gold is recoverable after conventional cyanide extraction.

East Asia Minerals Corporation has an ongoing program to rehabilitate and resample historic trenches, and open new exposures at Binebase. This program is designed to verify and extend historic, and East Asia's, surface rock and soil gold assay results, to test the continuity of the mineralized corridor between Binebase and Bawone, and to locate new zones. The Company notes that the Bawone mineralization is open along strike to the north-northwest towards Binebase, and that historic soil sampling data shows significant gold anomalies along the corridor between the prospects. The Bawone mineralized zone is also open along strike to the south-southeast. East Asia's surface sampling and mapping program will form the basis of drill planning at Binebase.

Michael Hawkins, President and CEO of East Asia Minerals Corporation said "We are very enthusiastic about the obvious potential of the Bawone-Binebase area. Our drilling at the Bawone prospect is giving us great encouragement. To step out along strike 1.2 kilometres to Binebase and return such significant widths of gold mineralization at surface is indicative of the potential of the area. We aim to, whilst we continue to drill define Bawone, rapidly advance Binebase to drill stage."

Samples reported were assayed at PT SGS Indoassay (SGS Group) in Balikpapan. East Asia Minerals conducts a rigorous and continuous QA/QC program. Lionel Martin, P.Geo, the designated QP within the meaning of 43-101 has reviewed and approves the content of this release. (end of release)