East Asia Minerals Encounters 3.1 g/t Gold Over 23 Metres Within 84 Metres Grading 1.09 g/t Gold, Remaining Open West Past Initial Miwah Resource Block
Published : April 04, 2011
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Keywords :   Copper | Diamond | Gold | Indonesia | Market | Mongolia | Phosphate |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 4, 2011) - East Asia Minerals Corporation (News - Market indicators) announces that drilling is on schedule for the initial resource estimate at the Miwah Main Zone in Aceh Province, Northern Sumatra, Indonesia. Ongoing drilling demonstrates that the Miwah Main Zone remains open for potential expansion beyond the initial resource estimate block. EMD063 encountered 1.09 g/t gold over 84 metres including 3.10 g/t gold over 23 metres, and remains open to the west. In addition, assays received from EMD064 and 065 continue to demonstrate that the Main Zone is open north towards Moon River.

The Company reports;

  • assays for drill holes EMD062 to 064, EMD065 (partial), and EMD066,
  • updates for in-progress drill holes EMD065, and EMD067 to 069.

EMD062 was drilled with a 225 degree azimuth and 70 degree dip to infill alteration and mineralization south of EMD058. The hole was completed at 311.2 metres and encountered 0.56 g/t gold from 108 to 251 metres (143 metres), including 1.33 g/t gold from 108 to 150 metres (42 metres) and 0.93 g/t gold from 204 to 222 metres (18 metres).

EMD063 was drilled with a 150 degree azimuth and 60 degree dip to test the south extension of alteration and mineralization intersected in EMD061. The hole was completed at 201.4 metres and encountered 1.09 g/t gold from 77 to 161 metres (84 metres) including 3.10 g/t gold from 91 to 114 metres (23 metres). The gold-hosting Miwah Horizon remains open to the west, past the initial Miwah Main Zone resource block.

EMD064 was drilled with a 346 degree azimuth and 50 degree dip to infill lithology and alteration between Block M and Moon River. The hole was completed at 339.1 metres and encountered 0.32 g/t gold from 4 to 43 metres (39 metres), and 0.80 g/t gold from 155 to 189 metres (34 metres) including 3.25 g/t gold from 164 to 169 metres (5 metres). The gold-hosting Miwah Horizon remains open to the north, past the initial Miwah Main Zone resource block.

EMD065 is being drilled with a 45 degree azimuth and 50 degree dip to infill lithology and alteration between Block M and Moon River. Assays to date yielded 0.55 g/t gold from 102 to 258 metres (156 metres), including 1.64 g/t gold from 121 to 134 metres (13 metres) and 1.00 g/t gold from 182 to 203 metres (21 metres). Drilling encountered further favourable alteration/mineralization intermittently from 261.8 to 286.2 metres, 288.1 to 291.3 metres, and 296.5 to 297.8 metres where the hole is in progress. The gold-hosting Miwah Horizon remains open to the north, past the initial Miwah Main Zone resource block. Further assays are pending.

EMD066 was drilled with a 280 degree azimuth and 60 degree dip to test the west extension of alteration and mineralization intersected in EMD061. The hole was completed at 210.4 metres and encountered 0.45 g/t gold from 185 to 195 metres (10 metres). The gold-hosting Miwah Horizon remains open to the west, past the initial Miwah Main Zone resource block.

EMD067 is being drilled with a 30 degree azimuth and 55 degree dip to test the north extension of alteration and mineralization intersected in EMD061 and 063.

EMD068 is being drilled with a 110 degree azimuth and 50 degree dip to test the northwest extension of alteration and mineralization intersected in EMD061 and 063.

EMD069 is being drilled as a vertical hole to infill lithology and alteration data in the eastern area of the resource block at Block M (Refer to Miwah drill hole location map at www.EAminerals.com).

East Asia has Diamond drill validated the 1.2 kilometre east-west outcropping width of the shallow, laterally extensive Miwah Main Zone, and has encountered significant gold mineralization in more than 95% of all holes analyzed to date. The Miwah Main Zone remains open in all directions with the Moon River area expanding the north-south potential to more than 700 metres, whilst remaining open further to the north towards Sipopok. Drilling has extended the Miwah Main Zone towards a similar northing as Moon River. Sampling west of the Miwah Main Zone in the Signal area has potentially expanded the east-west width another 600 metres and remains open. Recent sampling east of the Miwah Main Zone in the East Block M area has potentially expanded the east-west width another 400 metres and remains open.

Samples reported were assayed at Intertek assay laboratories in Jakarta. Lionel Martin, P.Geo., the designated QP within the meaning of NI 43-101, has reviewed and approves the content of this release.

About East Asia Minerals Corporation
East Asia Minerals (News - Market indicators) 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. The Company owns seven uranium properties, including the advanced Ingiin-Nars, Ulaan Nuur and Enger uranium projects, and two phosphate properties in Mongolia. East Asia currently has 77,089,872 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 British Columbia Securities Act, 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

East Asia Minerals Corporation - Vancouver
Michael Hawkins
President and CEO
+1-604-684-2183
Hawkins@EAminerals.com
or
East Asia Minerals Corporation - Toronto
Nick Kohlmann
Corporate Communications
+1-416-792-8734
Kohlmann@EAminerals.com
www.EAminerals.com
Data and Statistics for these countries : Indonesia | Mongolia | All
Gold and Silver Prices for these countries : Indonesia | Mongolia | All

East Asia Minerals Corporation

EXPLORATION STAGE
CODE : EAS.V
ISIN : CA2705411056
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East Asia Minerals is a gold and silver exploration company based in Canada.

East Asia Minerals holds various exploration projects in Indonesia.

Its main exploration properties are KHOK ADAR, ENGER, ULAAN NUUR and INGIIN-NARS in Mongolia and TANGSE, TAKENGON, BARISAN 2 PORPHYRY PROJECTS, ABONG, SANGIHE, MIWAH, UPPER TENKERENG and BARISAN in Indonesia.

East Asia Minerals is listed in Canada and in Germany. Its market capitalisation is CA$ 8.3 millions as of today (US$ 6.3 millions, € 5.3 millions).

Its stock quote reached its highest recent level on May 14, 2010 at CA$ 8.73, and its lowest recent point on January 01, 2016 at CA$ 0.01.

East Asia Minerals has 53 790 000 shares outstanding.

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Corporate Presentations of East Asia Minerals Corporation
10/18/2007Upcoming Conference Schedule
Annual reports of East Asia Minerals Corporation
Annual report 2007
Financings of East Asia Minerals Corporation
10/10/2011Announces $10,000,000 Private Placement
7/13/2011Announces Completion of $10 Million Underwritten Private Pla...
6/29/2011Announces $10 Million Underwritten Private Placement of Comm...
5/5/2010Closes Non-Brokered Private Placement of $18.85 Million
5/3/2010Finalizes Private Placement Terms
6/19/2009Closes Private Placement of $4.641 Million
6/6/2009Finalizes Private Placement Terms
5/14/2008Announces Private Placement of up to C$37.5 million by way o...
Option Grants of East Asia Minerals Corporation
7/25/2011(Barisan)Provides Additional Information on Shareholder Eligibility f...
7/12/2011(Barisan)Declares Barisan Gold Corporation Dividend
Nominations of East Asia Minerals Corporation
10/29/2012Further Strengthens its Board of Directors With the Appointm...
9/24/2012Continues to Enhance Its Management Team With the Appointmen...
8/6/2012Appoints Investor Relations Team
7/26/2011Announces Management Change
5/4/2011Announces Change in Board of Directors
2/12/2011Directors : resignation of John Gingerich and Robert Parsons...
5/6/2010Appoints Edward C. Rochette as Director
10/13/2009Appoints Robert Parsons as Director
9/29/2009Appoints Michael Nayyar as Chief Financial Officer
7/8/2008Appoints Royle as VP Exploration & Business Development
Project news of East Asia Minerals Corporation
8/29/2013(Sangihe)Support Villagers at Sangihe Island With a Water Purificatio...
5/14/2013(Sangihe)Further Positive Results from Phase 1 Drilling Program at Ea...
4/16/2013(Miwah)' Miwah Gold Project Closer to Reclassification in Aceh, Ind...
4/15/2013(Sangihe)Additional Positive Results from Phase 1 Drilling Program at...
1/28/2013(Miwah)Restarts Exploration Program at Its Miwah Gold Project in In...
10/9/2012(Sangihe)to Drill 4,600 Metres at the Sangihe Project, Indonesia
9/12/2012(Sangihe)Reinitiates Drilling Program and Site Development Work at th...
8/23/2011Provides Gold Project Update to Shareholders
6/10/2011(Miwah)Files NI43-101 Resource Estimate Technical Report on the Miw...
5/9/2011(Miwah)Announces NI43-101 Resource Estimate for Miwah; Growth Poten...
4/5/2011(Miwah)Encounters 3.1 g/t Gold Over 23 Metres Within 84 Metres Grad...
3/22/2011(Miwah)Encounters 3.2 g/t Gold Over 34 Metres Within 172 Metres Gra...
3/15/2011(Miwah)Confirms Connection Between Miwah Bluff and Block M With 2.2...
3/1/2011(Sangihe)Begins Phase II Drill Program at Sangihe Gold Project
2/22/2011(Miwah)' Drilling on Track for NI43-101 Resource Estimate at Miwah;...
8/24/2010(Miwah)Verifies Miwah Drill Results via Independent Qualified Third...
8/3/2010(Barisan)Intercepts Favourable Alteration and Mineralization at Lower...
7/27/2010(Miwah)Encounters 4.27 g/t Gold Over 21.9 Metres Within 149.3 Metre...
7/15/2010(Miwah)Continues to Drill Gold at Miwah; Encounters 3.07 g/t Gold O...
7/12/2010(Miwah)Receives Remaining Gold Assays for EMD033, Expanding Miwah M...
7/7/2010(Miwah)Expands Miwah Main Zone With Partial Assays of 1.68 g/t Gold...
6/15/2010(Miwah)Extends Miwah Further West With 2.19 g/t Gold Over 43 Metres...
6/7/2010(Miwah)Advances the Miwah Main Zone North; Encounters 2.01 g/t Gold...
5/25/2010(Miwah)Extends the Miwah Main Zone to the West; Encounters 2.08 g/t...
5/13/2010(Miwah)Further Opens the Miwah Main Zone; Encounters 1.77 g/t Gold ...
4/26/2010(Miwah)New Signal Area Yields 6.8 g/t Gold and Significantly Expand...
4/6/2010(Miwah)Extends Miwah Gold Mineralization North, South and in Lower ...
3/15/2010(Miwah)Intercepts 2.15 g/t Gold Over 59.1 Metres Within 157 Metres ...
3/8/2010(Barisan)Receives Indonesia Government Approved IUP "Mining License" ...
3/4/2010(Miwah)Intercepts New Zone Grading 1.68 g/t Gold Over 24 Metres Wit...
2/17/2010(Miwah)Drills 9.29 g/t Gold Over 21 Metres Within 81 Metres Grading...
2/9/2010(Miwah)Drills 1.16 g/t Gold Over 21 Metres Within 109 Metres Gradin...
1/19/2010(Miwah)Updates Progress at Aceh; Expands South Miwah Bluff
1/11/2010(Miwah)Drills 1.64 g/t Gold Over 70.2 Metres Within 132.9 Metres Gr...
12/14/2009(Miwah)Drills 1.95 g/t Gold Over 58 Metres Within 101 Metres Gradin...
12/15/2009(Miwah)Moon River Significantly Expands Potential Size of Miwah
12/9/2009(Miwah)Receives Indonesia Government IUP "Mining Licence"; Confirms...
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11/13/2009(Miwah)Intersects 183.5 Metres Grading 1.28 g/t Gold, Including 2.1...
11/3/2009(Miwah)Completes Planning for NI43-101 Resource Drilling at Miwah
10/7/2009(Miwah)Drills More Gold at Miwah; Including 3.14 g/t Gold Over 28 M...
9/11/2009(Miwah)Resource Definition Drill Program at Miwah Gold Project
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8/27/2009(Miwah)Intersects 5.38 g/t Gold Over 20.3 Metres Including 9.25 g/t...
8/24/2009(Miwah)Encounters 106.46 g/t Gold Over 4.60 Metres in Rock Sawn Cha...
8/10/2009(Miwah)Encounters 4.31 g/t Gold Over 51 Metres in Wider Interval of...
7/29/2009(Miwah)Encounters 3.29 g/t Gold Over 66 Metres in Wider Interval of...
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9/22/2008(Barisan)Commences Aceh Porphyry Copper-Gold Drilling Program
9/10/2008Encounters More High Grade Gold in Miwah Trenches Including ...
9/8/2008(Abong)Intersects More High Grade Gold at Abong Including 11 Metres...
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5/15/2008(Abong)Encounters 6.29 g/t Gold Over 11.0 Metres, Contributing to U...
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10/30/2007Reports High Grade Gold, Including Channel Samples of 17 Met...
Corporate news of East Asia Minerals Corporation
8/11/2015IIROC Trading Resumption - EAS
8/6/2015IIROC Trading Halt - CBI; EAS
8/6/2015TSX Venture Exchange Cease Trade Order
7/7/2015East Asia Minerals Corporation: Sale of 50% of Sangihe Gold ...
3/26/2015Unaware of Any Material Change
3/26/2015East Asia Minerals Corporation: Unaware of Any Material Chan...
12/4/2014East Asia Minerals Announces Private Placement
7/7/2014Maine's Two Largest Utilities Agree to Co-develop Transmissi...
3/31/2014Positive Initial Results From Metallurgical Tests at East As...
10/8/2013Takes Steps to Meet Current Challenges
5/29/2013(Sangihe)Positive Drilling Results from East Asia Minerals' Sangihe I...
5/9/2013Adopts Shareholder Rights Plan
4/8/2013Announces Annual and Special General Meeting Dates and Adopt...
1/7/2013Retains TMX Equicom for Investor Relations Services
11/7/2012Grants Stock Options
10/16/2012Fall 2012, Business Excellence Magazine article on East Asia...
10/15/2012Announces Options Grant
9/18/2012Enters Into Strategic Advisor Agreement With Dr. Fadel Muham...
8/2/2012Advised of Lawsuit Withdrawal
7/10/2012Provides Clarification
9/7/2011Provides Mongolia Uranium Program Update
8/15/2011Provides Corporate Update to Shareholders
6/27/2011Makes Progress on Spin-Off of Subsidiaries
5/3/2011Announces Acquisition of 50% of Carbon Conservation Pty Ltd.
4/21/2011Provides an Update on Spin-Off of Subsidiaries
8/10/2010Intercepts 0.4 g/t Gold, 0.2% Copper Over 415.1 Metres, Endi...
6/1/2010Receives Indonesia Government Approved IUP "Mining Licence" ...
5/5/2010Updates Progress and Plans for Indonesia
3/2/2010Drills 3.28 g/t Gold Over 61 Metres Within 116 Metres Gradin...
2/5/2010Named By TSX Venture As One Of The TSX VENTURE 50
2/5/2010Receives Indonesia Government Approved IUP "Mining Licences"...
1/14/2010Meet with East Asia Minerals Corporation's Management in Van...
10/5/2009Updates Progress at Miwah Gold Project-Indonesia
5/13/2008Signs Heads of Agreement With Austindo Resources for Majorit...
6/6/2009Discovers New Extension to Miwah Gold Zone, Grading Up to 12...
2/26/2009Meet with East Asia Minerals Corporation's Management in Tor...
1/26/2009Comments on the New Indonesian Mineral and Coal Mining Law, ...
1/22/2009Meet with East Asia Minerals Corporation's Management in Van...
9/4/2008Drills 103.15 Metres of 1.81 g/t Gold at Bawone
8/6/2008Extends Abong Gold System 600 Metres and Discovers New Gold ...
7/30/2008Drills 41 Metres of 1.61 g/t Gold in New Sulphide Zone at Bi...
7/28/2008Encounters 27 Metres of 4.35 g/t Gold in Miwah Trench
6/5/2008Encounters 14.0 Metres of 9.41 g/t Gold in Miwah Trench Samp...
6/3/2008Announces Termination of Negotiations With Austindo Resource...
6/2/2008Reports Strong Progress With Abong and Sangihe Drill Program...
4/2/2008Gold Potential Firming up at East Asia Minerals' Abong Prosp...
3/25/2008Continues to Extend Binebase-Bawone Gold Zone
3/19/2008Expands Abong Jasperoid Prospect in Excess of 1.5 Kms Strike...
2/25/2008Expands Binebase Towards Bawone, With 2.72 g/t Gold Over 29....
2/19/2008 Continues to Drill Aerially Extensive Gold at Abong Jaspero...
1/15/2008Binebase Continues to Deliver-East Asia Drills 2.67 g/t Gold...
12/11/2007Confirms Additional Gold Zones and Commences Drilling at Abo...
12/3/2007ntersects More Gold Over Significant Thicknesses at Bawone a...
11/27/2007Drills More Uranium at Enger, Mongolia, and Summarizes 2007 ...
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10/29/2007to Distribute 58% of CAD$1.30 Cash Payment As a Return of Ca...
10/25/2007Intercepts 16 Metres of 2.7 g/t Gold at Brown sugar Zone
10/23/2007 Drills up to 0.2% U3O8 at Ulaan Nuur, Mongolia
10/18/2007Receives Shareholder Approval for Return of Capital
10/18/2007Intercepts 32 Metres of 4.18 g/t Gold in Channel Sample at B...
10/16/2007October 2007 President's Message to Shareholders
10/16/2007 Intercepts 95 Metres of 2.15 g/t Gold at the Bawone Prospec...
10/11/2007Minerals Restructures Management
10/10/2007Declares CAD$1.30 per share Cash Dividend
9/21/2007Announces Closing of Sale of Ooshiin Govi Property for CAD$8...
9/18/2007Reports Indonesia Exploration Progress and Extensions to Gol...
9/6/2007Announces Shareholder Approval to Sell Ooshiin Govi Property...
8/30/2007Extends Sangihe Mineralization and Starts Drilling
8/1/2007Identifies New Ingiin-Nars Uranium Targets And Commences Dri...
7/27/2007Signs Agreement With CFMM (A Subsidiary Of Areva NC) To Sell...
7/17/2007Expands Sangihe and Tangse Targets
7/3/2007Acquires Drilled Uranium Resource at Ingiin-Nars Uranium Dep...
5/3/2007Adds Ulaan Nuur To Airag Uranium Project in Mongolia
5/1/2007acquires Tangse porphyry copper-molybdenum and Barisan coppe...
4/26/2007President's Message to Shareholders
4/24/2007Announces Management Changes and Focus on Uranium Assets
3/12/2007Drills Uranium Mineralization at Ooshiin Govi
2/26/2007Acquires Takengon Gold Project in Indonesia
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