East Asia Minerals Corporation
TSX VENTURE : EAS

East Asia Minerals Corporation

September 18, 2007 07:36 ET

East Asia Minerals Reports Indonesia Exploration Progress and Extensions to Gold and Copper Mineralization

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 18, 2007) - East Asia Minerals Corporation (TSX VENTURE:EAS) is pleased to provide an update to exploration activities at its Indonesian projects, and report that encouraging gold and copper mineralization continues to be discovered.

Sangihe Project - North Sulawesi

Channel sampling in new trenches at the Brown Sugar Zone (in addition to the 7.8 metres of 15.6 g/t gold and 195 g/t silver reported August 30, 2007) has further extended the mineralization with 12.0 metres of 2.45 g/t gold including 4.0 metres of 5.20 g/t gold, and 10.0 metres of 2.65 g/t gold including 2.0 metres of 9.89 g/t gold. The mineralization occurs in barite - quartz breccia. To the north at the Binebase prospect, Trench BIT-2 returned 35.0 metres of 1.12g/t gold.

The Sangihe channel samples greater than 0.5 g/t gold have been tested for cyanide leach recoveries. A comparison of gold in fire assay and gold in cyanide leach are very encouraging. Preliminary cyanide leach tests of the Bawone samples have returned a 91.2% to 92.4% gold recovery for oxide and partial oxide material. Binebase samples have an 85.3% to 94.7% recovery with the extraction rate being for lower grade gold material.

The Company also reports that Sangihe drilling is progressing well and is intercepting mineralized and altered rock similar to that reported in historical drill holes. Two EAS holes have been completed to date, with assays pending.

EAS hole BOD 1, a twin of historical hole BS-18, was drilled to 145 metres. It intersected a silica-barite breccia zone with pervasive to massive sulphide mineralization from 29.2 to 75.0 metres, and a moderate to strong sulphide zone with silica-barite stockworks from 75.0 to 133.0 metres. Hole BOD 2 was drilled to 85 metres and tested a historical high grade zone (20.2 metres of 3.99 g/t gold and 21 g/t silver) reported in hole BS-07, a nearby historical hole. It intersected 22.0 metres of intense vuggy silica-sulphide-barite breccia from 50.0 to 72.0 metres.

Aceh Projects

Abong Prospect - Barisan 1 Property - Detailed historic exploration data for the Abong sediment-hosted gold prospect, previously worked by North Limited and Rio Tinto, has been purchased and reviewed. In addition to East Asia results, the historic data identifies five mineralized zones. The best of these is the Sarah zone, with historic channel sample results including 16.0 metres of 3.84 g/t gold, 20.0 metres of 2.04 g/t gold, and 16.0 metres of 3.68 g/t gold. At the Narara 1 prospect, historic grab samples are reported with "bonanza" epithermal gold grades, some with visible gold in hand specimen. These include 16.87g/t gold, 129.0g/t gold, 22.6g/t gold, 21.5g/t gold and 54.9g/t gold. Preliminary rock chip sampling by East Asia has encountered grades as high as 3.52 g/t gold and 29.0 g/t silver (August 30, 2007 news release). Review of the historic data supports the previous East Asia observations that the limited past drilling did not properly test the gold anomalous surface samples. This appears to be due to the limited understanding of the structural controls to the surface mineralization (i.e. testing high grade zone away from mapped feeder structures), and the program being terminated prematurely in 1998 due to non-technical reasons.

Miwah Project - At the Miwah epithermal gold-copper Project, previously worked by Highlands Gold, ninety-one rock channel and grab samples were collected by East Asia from a vuggy silica and massive silica-alunite-clay breccia. Results include 6.0 metres of 3.63 g/t gold, 6.5 metres of 2.66 g/t gold, 30.0 metres of 1.12g/t gold, and 12.0 metres of 1.33g/t gold. The breccia zone hosting these gold rich samples is 600 metres by 250 metres in extent, and is essentially untested by drilling (three shallow holes at the south extreme). Elsewhere on the property ongoing exploration is focused on improving the definition of higher grade gold in structures that are perpendicular to the historic drilling where grades outside the structures include 71.0 metres at 1.4 g/t gold and 58.0 metres at 1.1 g/t gold.

Upper Tengkereng - Barisan 2 Project - Ongoing exploration activities at the Upper Tengkereng gold-copper porphyry Project are defining a series of north to northeast trending dilation features that contain the better copper values. Better gold grades are found in an east-west fault that dissects the porphyry mineralization and includes 15.0 metres of 0.51g/t gold and 35.0 metres of 0.76g/t gold, including 5.0 metres of 1.27g/t gold. Thus far, the Upper Tengkereng prospect is defined for approximately 600 metres long by 400 metres wide, confirming past Rio Tinto work.

Tangse Project - At the Tangse copper-molybdenum porphyry project, previously worked by Rio Tinto, ongoing exploration has extended the supergene malachite-chalcocite mineralization for 150 metres northeast along strike from the discovery outcrop (30 metre composite chip sample with 2.85% Cu; July 17, 2007 news release). The malachite-chalcocite mineralization extends into the feldspar diorite porphyry where hypogene chalcopyrite-bornite-chalcocite mineralization occurs as fracture fill in dykes. The dykes are interpreted to represent apophyses of a larger, mineralized body at depth.

Takengon Project - Current exploration work is focused on semi-regional follow-up of stream and rock chip sampling anomalies, defined by past Minorco exploration. Recently reported highlights include 5 metres at 3.37 g/t gold and 5 metres at 1.81 g/t gold (August 30, 2007 news release).

Samples reported were assayed at PT SGS Indoassay assay laboratories. Michael Hawkins, M.Sc., MAusIMM, 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 assets in Mongolia and Indonesia. The Company owns seven 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 projects located in Aceh Province in Sumatra and North Sulawesi. East Asia currently has 45,935,208 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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