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| | August 17, 2006
East Asia Minerals Confirms Four Kilometre Copper-Zinc Anomaly at Khok Adar
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| | VANCOUVER, B.C. -- August 17, 2006--East Asia Minerals Corporation (TSXV-EAS) has received the final results from its aircore drilling program that defines a four kilometre long copper-zinc anomalous zone within a larger altered structural corridor at its Khok Adar project in Mongolia.
A total of 578 short aircore drill holes were completed within a six kilometre east-southeast trending structural corridor. Anomalous zinc forms a halo around 8 zones of +0.1% copper mineralisation, which is consistent with metal zoning interpreted from drill assays at the EC1 deposit. The 8 zones include the EC1 deposit, the EC2 and East Zone 1 prospects, the recently identified Baruun Bayan anomaly and 4 newly identified anomalies. Highlights of the reported assays are detailed below. Metal zonation, drill hole and target locations can be found at www.EastAsiaMinerals.com.
At the Baruun Bayan prospect located 600 metres northwest of EC1, 100 x 100 metre spaced infill aircore drill holes have confirmed a 200 x 500 metre coherent zone of copper oxide mineralization. Highlights include holes KAAC015 (2.0m of 0.58% Cu and 4g/t Ag), KAAC477 (4m of 1.39% Cu and 10.5g/t Ag) and KAAC486 (10m of 0.72% Cu and 3.2g/t Ag). This near surface anomaly is approximately twice the area of the anomalous footprint over the EC1 deposit. RC/diamond drilling is planned following completion of ongoing drilling at the East Zone 1 prospect.
Aircore results, including 18.0 metres of 0.76% Cu and 5.3g/t Ag in KAAC158 have extended the EC2 copper mineralized zone to over 500 metres in length. Eleven new RC/diamond holes have been drilled into EC2 (assays pending).
Aircore drilling also defined a 200 x 200 metre zone of copper oxide mineralization at the East Zone 1 prospect, located 3 kilometres southeast of EC1. Significant assays include 20.0 metres of 0.84% Cu and 2.9g/t Ag in hole KAAC266. Follow-up RC/diamond drill hole Z1ERC-006D intersected 74.0 metres (60 metre true width) of banded massive sulphide, including sphalerite, galena, tetrahedrite and chalcopyrite. This hole, located east of the copper anomaly and at the margin of an extensive IP chargeability anomaly was targeted to test beneath hole KA05-20 (13.0 metres of 0.94% Cu and 6.92g/t Ag). Another East Zone 1 hole, Z1ERC-001D, reported July 17, 2006 also intersected similar sulphidic banded rock and contained 18.0 metres of 3.54% zinc. Additional drilling is in progress to further test the large potential in this prospect.
East Asia Minerals also reports assay results from the EC1-33 to 36 diamond drill core tails at EC1. These are summarized below and confirm the existence of narrowing zones of copper oxide mineralization at depth beneath EC1.
Highlights of Recent EC1 Diamond Drill Assays
Hole No. From (m) To (m) Interval (m) Cu (%) Ag (g/t) Zn (%)
EC1-34 81.00 85.00 4.0 0.76 5.0
EC1-35 83.7 90.8 7.1 0.73 14.3
86.7 102.1 15.4 1.12
EC1-36 115.3 122.0 6.7 0.98 12.8
115.3 123.5 8.2 3.12
Highlights of 2006 Khok Adar Aircore Drill Program
Hole No. From (m) To (m) Interval (m) Cu (%) Ag (g/t) Zn (%)
KAAC015 1.0 3.0EOH 2.0 0.58 4.0 1.17
KAAC016 1.0 3.0 2.0 0.14 0.47
KAAC017 1.0 4.0 3.0 0.17 2.3 0.44
KAAC051 0.0 4.0EOH 4.0 0.86
KAAC054 0.0 3.0EOH 3.0 0.85
KAAC144 0.0 7.0EOH 7.0 0.58
KAAC157 2.0 8.0EOH 6.0 0.74
KAAC158 2.0 20.0 18.0 0.76 5.3
KAAC160 1.0 4.0 3.0 0.53 1.7
KAAC182 2.0 7.0 5.0 0.53
KAAC263 1.0 8.0EOH 7.0 0.85
KAAC265 8.0 9.0EOH 1.0 0.53
KAAC266 2.0 22.0 20.0 0.84 2.9
KAAC280 0.0 14.0 14.0 0.54
KAAC281 6.0 21.0 15.0 0.31 1.12
KAAC292 40.0 43.0EOH 3.0 0.15 0.51
KAAC331 0.0 4.0 4.0 0.57
KAAC363 2.0 5.0 3.0 0.63 37.3
KAAC383 2.0 10.0 8.0 0.59
KAAC477 2.0 6.0 4.0 1.39 10.5 0.20
KAAC482 2.0 9.0 7.0 0.21 1.1 0.36
KAAC486 1.0 11.0 10.0 0.72 3.2 0.18
KAAC494 32.0 38.0EOH 6.0 0.30 2.8 1.18
KAAC505 2.0 12.0 10.0 0.50
Samples reported were assayed at SGS Mongolia LLC in Ulaanbaatar, Mongolia. East Asia Minerals conducts a rigorous and continuous QA/QC program, which is detailed at www.EastAsiaMinerals.com. Mike Hawkins, M.Sc., MAusIMM, 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 projects in Mongolia and on-going acquisition targets in the East Asia Region. The Company has a 75% interest in the Khok Adar copper oxide discovery where an independent resource study is in progress. It also has options to acquire 100% of six uranium properties, all located in central Mongolia, and has signed MOUs for 4 advanced copper-gold projects in Indonesia. East Asia currently has 42,801,706 shares outstanding. The Company's shares are listed for trading on the TSX Venture Exchange under the symbol "EAS".
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FOR FURTHER INFORMATION, visit the Company's website at www.EastAsiaMinerals.com, or contact:
Lyndon Bradish, President and CEO
T: +852 2719-1551 (Hong Kong)
E: [email protected]
Nick Kohlmann, Corporate Communications
T: +1-416-792-8734 (Toronto)
E: [email protected]
Should you wish to receive Company news via email, please email [email protected] and specify "EAS News" in the subject line.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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