East Asia Minerals Corporation

East Asia Minerals Corporation

September 17, 2010 08:30 ET

East Asia Minerals Continues Ground Work at Takengon and Barisan I

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 17, 2010) - East Asia Minerals Corporation (TSX VENTURE:EAS) announces that as a result of ongoing exploration at its several prospective land positions in Aceh Province, Northern Sumatra, Indonesia, it has advanced the Collins epithermal gold project at the Takengon Property, and the Upper Ise Ise porphyry gold-copper project at the Barisan I Property.

At the Collins epithermal gold project, new mapping and trenching along the previously reported gold trend have exposed additional gold-bearing quartz lodes within sandstone beneath the mudstone cap, and extended the gold mineralization in both strike directions. The Collins project is a large partially exposed multistage gold-bearing quartz vein swarm where East Asia previously reported channel samples of 11.0 metres at 22.20 g/t gold, and 11.0 metres at 14.99 g/t gold. At the nearby Semelit project, porphyry potential has also been indicated by supergene porphyry outcrops with +2% copper and +2 g/t gold.

This new work has increased definition of two sub-parallel lodes that have now been mapped and sampled over a 600 metres strike length. At least three main vein episodes have been identified in the lodes, comprising (i) coarse grained crystalline buck quartz devoid of sulphides, (ii) fine grained quartz + galena + chalcopyrite + sphalerite + pyrite +gold, and, (iii) crudely banded coarse chalcocite-quartz ± sulphides. All the gold reports to vein type ii.

Recent gold results include 7 metres at 10.12 g/t gold, 6.9 metres at 11.88 g/t gold, 5.3 metres at 1.07 g/t gold, 3 metres at 1.49 g/t gold, 1 metre at 29.2 g/t gold, 3 metres at 1.54 g/t gold, 3 metres at 1.0 g/t gold, 2 metres at 5.2 g/t gold, 7 metres at 14.8 g/t gold, 7 metres 6 g/t gold, 4 metres 0.37 g/t gold, 3 metres at 0.76 g/t gold, 4 metres at 2.29 g/t gold, 4 metres at 2.96 g/t gold, and 6.5 metres at 3.3 g/t gold.

In addition, the Company has defined stratabound gold replacement potential at the Collins project, similar to the Company's nearby Abong property where it completed 130 drill holes along a flat-lying near-surface epithermal gold deposit. At Abong the Company has defined gold mineralization within a 3 by 1.5 kilometre corridor.

At the Upper Ise Ise gold-copper porphyry project (Barisan I Property), an initial diamond drill hole is planned to follow the Lower Tengkereng drill program, and will test a historic drill hole which intersected 0.27 g/t gold and 0.4% copper over 143 metres. The historic drill hole ended in mineralization directly beneath strong surface quartz vein stockwork, with the program terminated for non-technical reasons.

Ongoing exploration at Upper Ise Ise has defined surface gold and copper grades similar to drill holes at Upper and Lower Tengkereng, extensive surface stockwork development with abundance of chalcopyrite-chalcocite and bornite in outcrop, and high reduced-to-pole magnetic relief, a favourable indicator in many of the world's best gold-rich porphyry copper deposits in the circum-Pacific rim.

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.

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 75,655,872 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.

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