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Friday, 04/09/2010 11:10:56 AM

Friday, April 09, 2010 11:10:56 AM

Post# of 35738
Wow! EAS.V continues to soar, up over a dollar to $7.36 right now. Never did pull the trigger on it...

East Asia Minerals Bottoms Hole With 15.74 g/t Gold Over 22 Metres Within 111 Metres Grading 3.96 g/t Gold; Extends Miwah Further North Towards Moon River With Increasing Grade and Thickness

VANCOUVER, BRITISH COLUMBIA--(Marketwire - 04/09/10) - East Asia Minerals Corporation (TSX-V:EAS - News) announces that drilling has extended the Miwah Main Zone towards Moon River at the Miwah Gold Project in Aceh Province, Northern Sumatra, Indonesia. EMD024 encountered 3.96 g/t gold over 111 metres, including 15.74 g/t gold over 22 metres, indicating increasing grade and thickness to the north. The hole was terminated, due to rig limitations, at 209 metres with the penultimate and ultimate metre intercepts downhole grading 17.25 g/t gold and 20.6 g/t gold respectively. East Asia has drill validated the 1.2 kilometre east-west outcrop 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. Sampling west of the Miwah Main Zone has potentially expanded the east-west width another 600 metres. The Company notes that with the latest drilling results that the Miwah Main Zone has now been extended towards a similar northing as Moon River.

EMD024 was drilled with a due north azimuth and 55 degree dip, 125 metres north from EMD023, and was completed at 209 metres downhole depth. This is the furthest north the Company has drilled the Miwah Main Zone to date, with the mineralization continuing to the end of hole and beginning to firmly establish a link with Moon River. Gold grading 3.96 g/t was encountered from 98 to 209 metres, including 15.74 g/t gold from 187 to 209 metres. The gold is open to depth and in all directions, and is interpreted to be contiguous to the south where EMD018 encountered 2.18 g/t gold over 116 metres including 3.28 g/t gold over 61 metres, and EMD019 encountered 4.08 g/t gold over 81 metres including 9.29 g/t gold over 21 metres. Along section the mineralization is increasing in grade and thickness to the north.

EMD025 was drilled with a due west azimuth and 55 degree dip, to test west from EMD024, and was completed at 210 metres downhole depth. Commencing at 87.8 metres depth the hole encountered multiple zones of visually altered and mineralized rock to 206.6 metres. Assays are pending.

EMD026 is being drilled with a 310 degree azimuth and 50 degree dip, targeting the extension of silicification to the north and east of the Miwah Bluff portion of the Miwah Main Zone. It is a north-westerly step out from EMD014. The hole is progressing well, having encountered visually altered and mineralized rock from 104 metres downhole depth.

EMD027 is commencing with a 180 degree azimuth and 55 degree dip, to confirm thickness and test for gold grade variation in the high-grade vuggy silicification north from EMD023 (Refer to drill location map at http://www.EAminerals.com/).

Miwah Background

The Miwah Gold Prospect was partially defined by approximately 3,100 metres of drilling in twelve holes by a previous explorer in 1997. All holes drilled during this program intersected significant alteration and mineralization with intercepts including 71 metres of 1.4 g/t gold and 58 metres of 1.1 g/t gold. The previous explorer 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 parallel to higher grade (greater than 5 g/t gold) structures at surface. Hence, in addition to greater mineralized tonnage, significantly higher overall grades are anticipated from better geological understanding, results of the Company's detailed sampling, and properly oriented drill holes.

Based on the Company's work Miwah is resolving into two components; a large 1,200 metre long, at least 300 to 400 metre wide, approximately 200 metre thick tabular zone; and vertical diatreme breccia feeder zones that are beneath and cut through this. At Miwah Gold Zones, East Asia has almost 2,500 metres of rock sawn channel samples which average 2.35 g/t gold. Grade expectations in Main Miwah Gold Zone exceed 1.5 g/t gold. Ongoing sampling verified the Company's confidence that higher overall gold grades can be achieved due to the presence of multiple high grade rock sawn channel samples throughout the strike, including 4.11 g/t gold over 200 metres at the eastern part of the Main Miwah Gold Zone, and 4.35 g/t gold over 27 metres at the western part. Recent drilling has supported this. In addition to the tabular zone the Company has begun to characterize some of the diatreme breccia feeder zones, with rock sawn channel samples including 83.59 g/t gold over 24 metres and 20.14 g/t gold over 12 metres. Recent drilling has supported this. These feeder zones have great potential to develop into substantial tonnages of higher grade gold mineralization in an area adjacent to the Main Miwah Gold Zone.

The Miwah Property is in a very similar volcanic setting to the Martabe gold-silver deposit, also located in North Sumatra (Purnama and Baskara resources: 127.8 million tonnes at 1.4 g/t gold (5.5 million ounces gold) and 15 g/t silver (60 million ounces silver), and the alteration system is of a comparable size. Miwah also exhibits a likeness to the size, style and geometry of the alteration system developed at the Pierina gold deposit in Peru (67.7 Mt grading 2.98 g/t gold and 22 g/t silver, giving a total 6.49 million ounces gold and 47.9 million ounces silver).

Samples reported were assayed at Intertek assay laboratories in Jakarta. Lionel Martin, P.Geo., the designated QP within the meaning of NI 43-101, has reviewed and approves the content of this release. East Asia has not verified the classification of the resource references and is not treating them as NI 43-101 defined resources verified by a QP. Although the references of resources are relevant to recognizing the potential of the Miwah project, they should not be relied upon.

About East Asia Minerals Corporation

East Asia Minerals (TSX-V:EAS - News) 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. The Company owns eight uranium properties, including the advanced Ingiin-Nars, Ulaan Nuur and Enger uranium projects, and two phosphate properties in Mongolia. East Asia currently has 71,455,372 shares outstanding. Its shares are listed for trading on the TSX Venture Exchange under the symbol "EAS".

Forward Looking Statements - This News Release contains forward looking information within the meaning of the British Columbia Securities Act, the Ontario Securities Act and the Alberta Securities Act, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to the interpretation of drill results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with our expectations, metal recoveries, accidents, equipment breakdowns, title matters and surface access, labour disputes or other unanticipated difficulties with or interruptions in production, the potential for delays in exploration or development activities or the completion of new or updated feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations (including uranium, fuel, steel and construction items), currency fluctuations, failure to obtain adequate financing on a timely basis and other risks and uncertainties. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. The words anticipate, believe, estimate and expect and similar expressions, as they relate to us or our management, are intended to identify forward looking statements relating to the business and affairs of the Company. Except as required under applicable securities legislation, we undertake no obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise.

To receive or stop receiving EAS news via email, please email Info@EAminerals.com and state your preference in the subject line.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact:
Contacts:East Asia Minerals Corporation - VancouverMichael HawkinsPresident and CEO+1-604-684-2183Hawkins@EAminerals.comEast Asia Minerals Corporation - TorontoNick KohlmannCorporate Communications+1-416-792-8734Kohlmann@EAminerals.comhttp://www.EAminerals.com/

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