East Asia Minerals Corporation

East Asia Minerals Corporation

December 16, 2010 08:00 ET

East Asia Minerals Appoints Alex Granger as VP Business Development

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 16, 2010) - East Asia Minerals Corporation (TSX VENTURE:EAS) is pleased to announce the addition of Mr. Alex Granger to the East Asia Minerals' Team as Vice President, Business Development.

Mr. Granger (BCom, McGill University) has spent the last twelve years in the investment banking industry covering the metals and mining sector. The last ten of those years were spent in the Asia Pacific region with CIBC World Markets covering companies based in East Asia and Australia. Mr. Granger has assisted companies in Asia raise in excess of $1 billion on the Toronto Stock Exchange and has advised both large and small Asian companies in cross border transactions.

Mr. Granger brings an extensive knowledge of the global capital markets to East Asia Minerals, having been based in Canada, the U.S., China, Australia and Hong Kong during his career as a metals and mining investment banker. Currently based in Hong Kong, he brings added synergies as the Company pushes forward with its growth plans.

"We are pleased to welcome Alex to our senior management team", commented Michael Hawkins, President and CEO of East Asia Minerals, "his expert background is well received as we expand our business beyond 2010, and aggressively pursue current and new growth strategies."

In his role as Vice President, Business Development, Mr. Granger will be responsible for leadership and management of the Company's business development programs worldwide, creating business development opportunities for resource projects leading from early stage exploration to near production phases. As an integral part of the senior management team, Mr. Granger will be instrumental in furthering the Company's success.

About East Asia Minerals Corporation

East Asia Minerals (TSX VENTURE: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. 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 76,040,872 shares outstanding. Its shares are listed for trading on the TSX Venture Exchange under the symbol "EAS".

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

FOR FURTHER INFORMATION, visit the Company's website at www.EAminerals.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information