East Asia Minerals Corporation

TSX VENTURE: EAS
Sep 04, 2008 08:10 ET

East Asia Minerals Drills 103.15 Metres of 1.81 g/t Gold at Bawone

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 4, 2008) - East Asia Minerals Corporation (TSX VENTURE:EAS) reports that recent drilling at Bawone, located one kilometre south of Binebase, on Sangihe Island, Sulawesi, Indonesia, has encountered a thick interval of primary sulphide mineralization, including 103.15 metres of 1.81 g/t gold and 0.20% copper, in the northwestern end of the prospect area. The mineralized zone remains open along strike both to the northwest and the southeast.

Bawone Drilling Update

Diamond core drilling by EAS has recommenced at Bawone with the arrival of a second diamond drill rig on site. The first hole completed in this campaign (BOD-42) returned an impressive thick interval of 103.15 metres of 1.81 g/t gold and 0.20% copper in sulphide mineralization, including a higher grade, near-surface zone of 25.50 metres of 3.39 g/t gold and 0.35% copper. Gold grade distribution is remarkably even throughout the mineralized interval apart from one high-grade interval of 3.45 metres of 12.67 g/t starting at 20.50 metres.

Hole BOD-42 was drilled to the northwest between and perpendicular to holes BOD-01 and BOD-03 to test the strike extension of gold mineralization encountered in 2007 by EAS in BOD-01 (95.0 metres of 2.15 g/t gold starting at 30.0 metres) and BOD-03 (125.0 metres of 1.67 g/t gold starting at 19.0 metres).

Holes BOD-47 and BOD-50 have been drilled 40 and 80 metres respectively southeast of BOD-02 across the projected strike of the known gold mineralized zone. Assays for these holes are pending.



--------------------------------------------------------------------------
Mineral-
Hole From To Interval Gold Silver Copper ization
Number (m) (m) (m) (g/t) (g/t) (%) Type
--------------------------------------------------------------------------
BOD-42 20.50 123.65 103.15 1.81 4.47 0.20 Sulphide
--------------------------------------------------------------------------
Including 20.50 46.00 25.50 3.39 6.04 0.35 sulphide
--------------------------------------------------------------------------

 


This recent drilling has extended the northwest trending sulphide zone at Bawone to over 200 metres long by 75 metres wide by 100 metres deep (map at www.EAminerals.com). Better gold mineralization appears to form around the margins of breccia bodies and is flanked outwards by andesite dykes and domes. There appears to be good scope to increase the size of the gold-bearing zone, which remains open in most directions.

Samples reported were assayed at PT SGS Indoassay (SGS Group) in Balikpapan. David Royle, B.Sc. (Hons), FAusIMM, CP, 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 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 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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact

East Asia Minerals Corporation - Vancouver
Michael Hawkins
President and CEO
(604) 684-2183
Email: Hawkins@EAminerals.com

or

East Asia Minerals Corporation - Toronto
Nick Kohlmann
Corporate Communications
(416) 792-8734
Email: Kohlmann@EAminerals.com
Website: www.EAminerals.com