East Asia Minerals Corporation
TSX VENTURE : EAS

East Asia Minerals Corporation

February 25, 2008 09:27 ET

East Asia Minerals Expands Binebase Towards Bawone, With 2.72 g/t Gold Over 29.9 Metres From Surface

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 25, 2008) - East Asia Minerals Corporation (TSX VENTURE:EAS) is pleased to report that drilling on the Binebase Prospect at the Sangihe Property, Indonesia, continues to encounter significant epithermal gold mineralization from surface. Drill hole BID-16 cut 29.9 metres of 2.72 g/t gold and 6.74 g/t silver from zero metres depth, including 15.0 metres at 4.70 g/t gold, with the intercept under-reporting the true composite grade of the interval due to 1.85 metres of lost core being assigned zero value. In addition, at 76.0 metres depth the hole encountered 0.36 g/t gold and 7.65 g/t silver over 108.0 metres from an underlying fault breccia zone.

BID-16 was collared 110 metres southeast of BID 11, along the BID-11/15 section where previous East Asia trenching results included 38.0 metres of 1.80 g/t gold. The hole has a northwest inclination and tested the southeast extension of the BID-11/15 mineralization towards the Bawone Prospect, located 1.2 kilometres along strike to the southeast (refer to the Company's website at www.EAminerals.com for a plan view of drilling). The high gold grades encountered in BID-16 support the Company's interpretation that the Binebase and Bawone near-surface epithermal gold prospects may connect along the shared structural control.

Drilling will continue to test these prospects, which remain open along strike in both directions, and the potential for contiguous mineralization along the intervening 1.2 kilometres of strike. All holes drilled at Binebase and Bawone to date have encountered significant near surface intercepts of epithermal gold mineralization (refer to the Company's website for a table of Bawone drill results).



Binebase drill assays to date (with gold equivalent)(i)
-------------------------------------------------------------------------
Drill From To Interval Gold Silver Gold Equiv.
Hole (m) (m) (m) (g/t) (g/t) (g/t)(i)
-------------------------------------------------------------------------
BID-11(ii) 0.00 45.00 45.00 1.28 50.51 2.18
-------------------------------------------------------------------------
BID-12 4.00 46.35 42.35 1.34 107.54 3.26
-------------------------------------------------------------------------
Including 8.00 33.00 25.00 2.03 159.96 4.89
-------------------------------------------------------------------------
BID-13 8.00 43.95 35.95 4.03 188.28 7.39
-------------------------------------------------------------------------
Including 9.00 31.00 22.00 5.74 121.64 7.91
-------------------------------------------------------------------------
BID-14 0.00 96.20 96.20 1.30 48.25 2.16
-------------------------------------------------------------------------
Including 3.00 45.00 42.00 2.67 86.38 4.21
-------------------------------------------------------------------------
BID-15(ii) 0.00 45.00 45.00 1.52 80.03 2.95
-------------------------------------------------------------------------
Including 12.35 28.50 16.15 2.12 90.16 3.73
-------------------------------------------------------------------------
BID-16(ii) 0.00 29.90 29.90 2.72 6.74 2.84
-------------------------------------------------------------------------
Including 5.60 20.60 15.00 4.70 1.92 4.73
-------------------------------------------------------------------------
Including 10.30 16.60 6.30 8.84 1.16 8.86
-------------------------------------------------------------------------
And 76.00 184.00 108.00 0.36 7.75 0.50
-------------------------------------------------------------------------
(i)The gold equivalent uses a silver to gold ratio of 56:1 based on
current precious metal market prices, and assuming total recoveries of
both metals.
(ii)BID-11, BID-15 and BID-16 under report the composite grades due to
3.95, 3.90 and 1.85 metres respectively of lost core being assigned a
zero value.


"We continue to be encouraged that the Sangihe Property demonstrates, in every hole, the strength and upside of the historic gold mineralization", stated Michael Hawkins, President and CEO of EAS. "The gold mineralization is consistent and we are confident we will outline NI43-101 compliant resources with open pit mining potential. With the intersection of wide epithermal gold mineralization at depth, beneath the priority surface targets, we have additional upside in the immediate working vicinity."

Samples reported were assayed at PT SGS Indoassay (SGS Group) in Balikpapan. Lionel Martin, P.Geo, the designated QP within the meaning of 43-101 has reviewed and approves the content of this release.

About East Asia Minerals Corporation

East Asia Minerals is an Asian-based, Canadian mineral exploration company with uranium, gold and copper exploration properties in Mongolia and Indonesia. The Company owns the Ingiin-Nars, Ulaan Nuur and Enger uranium properties and a 75% interest in the Khok Adar copper oxide discovery in Mongolia. In Indonesia, it has a 70 to 85% interest in five advanced gold and gold-copper properties located in Aceh Province in Sumatra and North Sulawesi. East Asia currently has 55,640,372 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 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 Information