======================================================================
Re: News Releases - Monday, January 14, 2008
East Asia Minerals Continues to Delineate High Grade Gold at
Surface at Abong and Collins Projects
======================================================================
For Immediate release, January 14, 2008 TSXV: EAS
VANCOUVER, B.C. -- Monday, January 14, 2008 -- East Asia Minerals
Corporation (TSXV-EAS) is pleased to report that more surface
high-grade epithermal gold was encountered at the Fikri and Bintang
Prospects in the 3 x 1.5 kilometre Abong Area of the Barisan Property,
and at the Collins Prospect in the Takengon Property, both located in
Aceh Province, North Sumatra, Indonesia. Several new trenches with
exceptional gold mineralization up to 11.28 g/t gold over 11.0 metres
have been uncovered. The first three drill holes at Fikri have been
completed.
Fikri Prospect
At the Fikri Prospect, additional trenching encountered 11.28 g/t gold
over 11.0 metres, 8.17 g/t gold over 18.0 metres, and 9.08 g/t gold
over 8.0 metres. Previously the Company reported up to 4.75 g/t gold
over 16.0 metres (December 11, 2007 news release). The Fikri
mineralization is along structures and in collapse breccias within
silicified siltstone, dirty limestone and mudstones along the main
Abong Area corridor. These breccias are cut by late vuggy
quartz-sulphide +/- gold veins. Detailed mapping of these newly
discovered areas has outlined a strongly sheeted and shattered
silicified fine siltstone developed between a 350� trending, southwest
dipping fault on the west, and a steep almost vertical north-south
fault on the east. An initial 4.0 metre channel sample across the
north-south fault averaged 13.9 g/t gold. This was extended in both
directions for a 16.0 metre channel sample (11.0 metre true width)
across the north-south fault and sheeted fracture zone that averaged
11.28 g/t gold. The samples terminated in mineralization on both ends
and will be extended to cover the whole zone.
Extensively silicified siltstone, dirty limestone and mudstones,
forming a northeast trending escarpment, are moderately to strongly
mineralized locally within and adjacent to north to north-northeast
faults and associated sheeted and shattered fracturing. The fractures
are commonly infilled by quartz +/- asenopyrite-antimony. The samples
which returned 8.17 g/t gold over 18.0 metres, and 9.08 g/t gold over
8.0 metres were from this zone.
New Fikri Trenching Highlights
Length (metres) Gold (g/t)
11.0 11.28
18.0 8.17
8.0 9.08
Bintang Prospect
At the Bintang Prospect, additional trenching encountered 3.54 g/t gold
over 12.0 metres, 2.70 g/t gold over 8.0 metres, and 3.07g/t gold over
6.0 metres. Previously the Company had reported up to 12.11 g/t gold
over 8.0 metres, and 5.84 g/t gold over 17.0 metres (December 11, 2007
news release). The mineralization is similar to that at Fikri,
occurring in oxidized collapse breccias developed along the main Abong
Area corridor and cut by late vuggy quartz-sulphide +/- gold veins.
New Bintang Trenching Highlights
Length (metres) Gold (g/t)
12.0 3.54
8.0 2.70
6.0 3.07
Fikri and Bintang maps, and a complete list of trench results can be
viewed at the Company's website (www.EAminerals.com).
"We are very encouraged that our seasoned epithermal/porphyry
exploration teams continue to uncover widespread high-grade gold at the
Aceh Properties", stated Michael Hawkins, President and CEO of EAS.
"We have completed the first three drill holes of our planned Abong
Area program, and are pleased to report that the visual descriptions
confirm that our drill holes encountered their gold mineralized
targets. The consistent delivery of excellent results from Abong is a
true testament of the skills of our exploration teams and the quality
of the properties that we have acquired for our shareholders. We look
forward, with great optimism, to advancing the Abong Project during
2008. "
Collins Prospect
The Company also reports results from its Collins Prospect on the
Takengon Property located 80 kilometres to the northeast of the Abong
Area. Sampling of the epithermal quartz veins to better understand the
gold paragenesis within several generations of quartz veining has been
completed.
Diamond sawn channels following the strike of the quartz
veins and silicified greywacke hostrock have returned spectacular gold
assays including 11.0 metres at 22.20 g/t gold (uncut -- maximum
109.5g/t gold), and 11.0 metres at 14.99 g/t gold (top cut of 30 g/t
gold). Exploration of the Collins Prospect is ongoing, with plans to
drill the high grade epithermal gold targets during 2008.
Samples reported were assayed at Intertek Laboratories in Jakarta.
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.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
To receive or stop receiving EAS news via email, please email
Info@EAminerals.com and state your preference in the subject line.
FOR FURTHER INFORMATION, visit the Company's website at
www.EAminerals.com, or contact:
Michael Hawkins, President and CEO
Vancouver
T: +1-778-997-2183
E: Hawkins@EAminerals.com
or
Nick Kohlmann, Corporate Communications
Toronto
T: +1-416-792-8734
E: Kohlmann@EAminerals.com
======================================================================
Copyright (c) 2008 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 Jan 14, 2008 at 6:31:33 AM Pacific Time
======================================================================
.