East Asia Minerals Corporation
TSX VENTURE : EAS

East Asia Minerals Corporation

July 09, 2008 08:30 ET

East Asia Minerals Extends Abong Gold Mineralization 600 Metres to the Southeast

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 9, 2008) - East Asia Minerals Corporation (TSX VENTURE:EAS) reports that recent infill and step-out drilling results, including 10.0 metres of 2.72 g/t gold, at its Abong Project located in Aceh Province, Indonesia has extended the near-surface gold zone to the west, east, northwest and southeast of previous drilling at the main Bulan Gold Zone. The Bulan Gold Zone remains open in all directions.

Abong Project

Recent drilling at the Bulan Gold Zone in the Abong Project area has better defined the northern limits of significant gold mineralization and extended the gold zone 50 metres west and 100 meters east of previous drilling by the Company (view map at www.EAminerals.com). Holes ABD-43 and ABD-47, located on the western flank of the Bulan Gold Zone, encountered the gold-bearing jasperoid horizon with better gold grades averaging 8 to 9 metres thick (results below). The gold-bearing jasperoid zone steepens and remains open to the west. On the eastern flank, Hole ABD-48 returned 9.0 metres at 1.17 g/t gold and suggests the mineralized jasperoid may continue eastwards for a further 100 metres to the escarpment.



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Hole Gold Silver
Number From (m) To (m) Interval (m) (g/t) (g/t) Comment
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ABD-40 0.00 20.00 20.00 0.23 7.01 NW periphery
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ABD-41 55.00 67.00 12.00 0.23 5.79 NW periphery
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ABD-42 37.00 44.00 7.00 0.22 6.66 NW periphery
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ABD-43 22.00 43.00 21.00 0.65 3.10 Bulan West
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Including 26.00 34.00 8.00 1.12 3.50 Bulan West
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ABD-44 21.00 39.00 18.00 1.12 4.26 Bulan West
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Including 30.00 34.00 4.00 3.00 8.93 Bulan West
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ABD-45 8.00 26.00 18.00 0.48 3.40 Bulan Central
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And 30.00 41.00 11.00 0.43 1.13 Bulan Central
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ABD-46 66.00 88.00 22.00 1.78 6.20 Bulan Central
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Including 78.00 88.00 10.00 2.72 6.54 Bulan Central
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ABD-47 91.00 100.00 9.00 1.51 11.09 Bulan West
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ABD-48 2.00 11.00 9.00 1.17 5.68 Bulan East
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ABD-49 NSA NSA NE periphery -
jasperoid missing
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Recent drilling has encountered jasperoid mineralization over 600 metres southeast of previous drilling and potentially extends the strike extent of the Bulan Gold Zone to over 1,000 metres long. To date, four diamond core holes (ABD-56 to 59) have intersected favourable features; including multiple breccias phases and crustiform banded quartz, which are known to be associated with better gold grade mineralization. Assays are pending.

Exploratory drilling by EAS has broadly defined the distribution and shapes of multiple mineralized cells at Abong, including the Bulan and Bintang Gold Zones. These lie along an elongate, northwest trending zone which, when the individual cells are considered as a single entity, currently measures approximately 1,300 metres strike length by about 400 metres strike width and over thicknesses ranging up to 40 metres. Potential for the discovery of new gold cells along the Abong structural trend to the northwest and southeast, and at depth, remains to be assessed.

Samples reported were assayed at Intertek Laboratories in Jakarta. David Royle, B.Sc. (Hons), FAusIMM, CP, 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 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 drilled to define NI43-101 compliant resources. The Company owns ten uranium properties, including the advanced Ingiin-Nars, Ulaan Nuur and Enger uranium projects, and a 75% interest in the Khok Adar copper oxide discovery in Mongolia. East Asia currently has 55,645,372 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.

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