Tuesday, August 11, 2009

East Asia Minerals encounters gold at Miwah

Toronto-listed East Asia Minerals Corporation reported that assays have been received for an additional diamond drill hole at its flagship Miwah gold project in Aceh province.
"The results continue to support the interpretation of shallow out-flowed, laterally extensive gold mineralization controlled by higher-grade feeder structures that cut through the 1.2 Km long Miwah Gold Zone. Drill hole EMD003 encountered 2.25 g/t gold over 142.9 meters, including 4.31 g/t gold over 51 meters.
EMD003 was drilled approximately 200 metres east of the currently mapped western end of the Main Miwah Gold Zone, and positioned from the same drill pad as EMD001/002 with a northwest azimuth (305 degrees) and 47 degree dip. Gold mineralization was encountered from 9.1 to 152.0 metres downhole depth, with 4.31 g/t gold from 11.0 to 62.0 metres. 
The mineralization is open and interpreted to be contiguous to surface where rock sawn samples including 4.25 g/t gold over 27 metres were encountered; and is open to depth based on historic drill results from holes collared to the south and 60 metres lower in elevation. In addition the mineralization remains open in all directions. To the south EAS' hole EMD002 encountered 1.71 g/t gold over 158.0 metres, including 3.29 g/t gold over 66.0 metres, and to the southeast EMD001 encountered 1.97 g/t gold over 57.1 metres, including 2.78 g/t gold over 38.3 metres.
The Miwah Gold Prospect was partially defined by approximately 3,000 metres of drilling in eleven holes by a previous explorer in 1997. All holes drilled during this program intersected significant alteration and mineralization with intercepts including 71 metres of 1.4 g/t gold and 58 metres of 1.1 g/t gold. The previous explorer suggested potential for 100 Mt at 1.1 to 1.2 g/t gold, however a review of the historical data indicates that early drilling was parallel to higher grade (greater than 5 g/t gold) structures at surface. Hence, in addition to greater mineralized tonnage, significantly higher overall grades are anticipated from better geological understanding, results of the Company's detailed sampling, and properly oriented drill holes.

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