======================================================================
Re: News Releases - Monday, February 26, 2007
East Asia Minerals Acquires Takengon Gold Project in Indonesia
======================================================================
For Immediate release, February 26, 2007 TSXV: EAS
VANCOUVER, B.C. -- Monday, February 26, 2007--East Asia Minerals
Corporation (TSXV-EAS) announces it has acquired a 75% interest in the
Takengon property which encompasses the large, drill ready Collins
epithermal gold prospect. The Takengon property covers approximately
19,000 hectares and is located in Aceh Province, North Sumatra, the
most under-explored part of the highly prospective Indonesian
archipelago. A location map of the Property is posted at
www.EAminerals.com.
The Collins epithermal gold prospect is a low sulphidation mineralized
system associated with an elliptical magnetic feature, a NE-SW trending
fault system, and indicative alteration. The mineralization consists
of gold-bearing vein swarms and stockwork covering at least 400 by 800
metres. Of particular interest is detailed induced polarization data
which suggests that the epithermal veins coalesce below the surface.
Assays from several historic channel samples in the veins returned up
to 11 ppm gold over 5 metres, along with elevated copper, lead and
zinc.
"We are pleased to have secured this exciting, gold project which is
consistent with our strategy of acquiring high quality, advanced
projects. The Takengon property significantly contributes to the
Company's assets", said Lyndon Bradish, East Asia's President and CEO.
"We intend to be drilling in Indonesia during the second quarter of
2007 and Takengon drilling will be coordinated with other projects
anticipated to be secured in the coming weeks."
Initial exploration work at Collins was completed during 1998. Drill
targets were selected at that stage but were not drilled due to
external issues. East Asia Minerals plans to re-establish these drill
pads with minor compilation, confirmatory sampling and mapping, and
then begin drilling.
In addition to the Collins epithermal gold prospect, the Takengon
tenement hosts three other known interesting prospects, identified by
historic sampling. These include an outcrop of supergene enriched
copper porphyry material immediately adjacent to the Collins prospect
containing 2.58% copper and significant elevated gold; a gold-copper
skarn mineralization zone returning up to 1 ppm gold and 1240 ppm
copper; and another porphyry style mineralization zone just south of
the Collins prospect where quartz vein stockworks contain visible
chalcopyrite.
Mike 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 gold, copper and uranium assets and acquisition targets in
the East Asia Region. It has a 75% interest in the Takengon gold
project and is finalizing agreements for additional advanced gold and
copper-gold projects in Indonesia. The Company also owns six uranium
properties and a 75% interest in the Khok Adar copper oxide discovery
in Mongolia. East Asia currently has 42,820,752 shares outstanding.
Its shares are listed for trading on the TSX Venture Exchange under the
symbol "EAS".
-30-
FOR FURTHER INFORMATION, visit the Company's website at
www.EAminerals.com, or contact:
Lyndon Bradish, President and CEO
T: +852 2719-1551 (Hong Kong)
E: Bradish@EAminerals.com
Nick Kohlmann, Corporate Communications
T: +1-416-792-8734 (Toronto)
E: Kohlmann@EAminerals.com
Should you wish to receive Company news via email, please email
alison@chfir.com and specify "EAS News" in the subject line.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
======================================================================
Copyright (c) 2007 EAST ASIA MINERALS CORPORATION (EAM) All rights
reserved. For more information visit our website at
http://www.eaminerals.com/ or send mailto:info@eaminerals.com
Message sent on Mon Feb 26, 2007 at 5:53:40 AM Pacific Time
======================================================================
.