======================================================================
Re: News Releases - Wednesday, May 14, 2008
East Asia Encounters 6.29 g/t Gold Over 11.0 Metres, Contributing
to Upcoming Resource Estimate at Abong Prospect
======================================================================
For Immediate release, May 14, 2008 TSXV: EAS
VANCOUVER, B.C. -- Wednesday, May 14, 2008 -- East Asia Minerals
Corporation (TSXV-EAS) is pleased to report that its
Diamond drilling
at the shallow dipping, near-surface Abong Jasperoid Prospect, Aceh
Province, Indonesia, continues to contribute gold-bearing intercepts
for the year-end resource estimate. Assays have been received for
Diamond drill holes ABD-26 to ABD-32, and are highlighted by the
highest grade intercept to date (ABD-32 with 6.29 g/t gold over 11.0
metres) and the thickest intercept to date (ABD-31 with 1.26 g/t gold
over 18.0 metres, including 1.62 g/t gold over 10.0 metres). The drill
rig continues to make good progress.
ABD-31 was collared to test the newly identified Koro Sesuk NE trending
structure that was identified from drill holes ABD-06, ABD-18 and
ABD-19. ABD-31 intersected the thickest intersection of gold
mineralized jasperiodal silica-sulphide breccia with quartz-sulphide
overprint to date.
ABD-32 was collared 50 metres northwest of ABD-01 (10 metres at 2.81g/t
gold) to test for width extension of the Sinkhole Lode. This hole
intersected multiphase silica--sulphide (jasperiodal silica) and minor
crustiform--colloform quartz--sulphide overprint alteration
Resource stage exploration drilling remains focused along the 3 x 1.5
kilometre Abong Corridor, where epithermal gold mineralization is
controlled by late-stage open space infilling within an extensive
outcropping / sub-cropping jasperoid "blanket". The mineralized
jasperoid has been outlined for greater than 1,500 metres strike and up
to 750 metres width, and is typically 10 to 15 metres thick. It
remains open along the northwest-southeast strike direction, and across
strike in the southwest-northeast direction (view map at
www.EAminerals.com). Continuing surface work has outlined the
potential for an additional 1,500 metres strike potential.
Abong drill assays to date;
Drill Hole From (m) To (m) Interval (m) Gold (g/t)
ABD-1 21.0 31.0 10.0 2.81
ABD-2 63.0 73.0 10.0 1.78
ABD-3 14.0 23.0 9.0 4.84
ABD-4 1.0 8.0 7.0 0.23
ABD-5 1.0 9.0 8.0 2.32
ABD-6 21.0 38.0 17.0 1.02
Including 22.0 32.0 10.0 1.42
ABD-7 0.0 12.0 12.0 2.24
ABD-8 3.0 14.0 11.0 1.77
Including 3.0 12.0 9.0 2.10
ABD-9 0.0 24.0 24.0 1.00
Including 0.0 12.0 12.0 1.56
ABD-10 0.0 12.0 12.0 1.72
And 19.0 32.0 13.0 1.17
ABD-11 2.0 12.0 10.0 0.29
ABD-12 27.00 30.00 3.0 0.03
ABD-13 6.0 16.0 10.0 1.07
ABD-14 -- -- -- none significant
ABD-15 11.0 22.0 11.0 0.85
Including 12.0 17.0 5.0 1.32
ABD-16 27.0 36.0 9.0 1.67
Including 27.0 34.0 7.0 2.10
ABD-17 1.0 34.0 33.0 0.32
ABD-18 1.0 17.0 16.0 1.03
Including 2.0 12.0 10.0 1.54
ABD-19 1.0 15.0 14.0 1.44
Including 1.0 7.0 6.0 2.94
ABD-20 50.0 57.0 7.0 0.44
ABD-21 -- -- -- none significant
ABD-22 22.0 33.6 11.6 0.71
Including 25.0 32.0 7.0 1.03
ABD-23 20.0 37.0 17.0 2.80
Including 21.0 32.0 11.0 4.14
ABD-24 35.0 44.0 9.0 1.08
And 48.0 50.0 2.0 1.19
ABD-25 54.0 66.0 12.0 3.08
Including 56.0 60.0 4.0 7.97
ABD-26 -- -- -- none significant
ABD-27 1.0 10.0 9.0 1.95
ABD-28 1.0 12.0 11.0 1.08
ABD-29 -- -- -- none significant
ABD-30 28.0 30.0 2.0 0.96
ABD-31 7.0 25.0 18.0 1.26
Including 9.0 19.0 10.0 1.62
ABD-32 41.0 52.0 11.0 6.29
Samples reported were assayed at Intertek Laboratories in Jakarta.
Michael Hawkins, M.Sc., MAusIMM, the designated QP within the meaning
of NI43-101 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.
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 Wed May 14, 2008 at 12:27:57 PM Pacific Time
======================================================================
.