East Asia Minerals Corporation - News Releases - East Asia Minerals Drills 30.8 Metres of 1.97 g/t Gold at Bawone and Identifies New Targets




	2010 \| 2009 \| 2008 \| 2007 \| 2006 \| 2005

	September 23, 2008 East Asia Minerals Drills 30.8 Metres of 1.97 g/t Gold at Bawone and Identifies New Targets
	For Immediate release, September 23, 2008 TSXV: EAS VANCOUVER, B.C. -- Tuesday September 23, 2008 -- East Asia Minerals Corporation (TSXV-EAS) reports that ongoing drilling at Bawone, located one kilometre south along structural strike of Binebase, on Sangihe Island, Sulawesi, Indonesia, has encountered strong primary sulphide mineralization, including 30.8 metres of 1.97 g/t gold in the south-eastern end of the prospect area. The hole terminated prematurely due to technical difficulties in good gold mineralization at 95.80 metres. The mineralized zone remains open along strike both to the northwest and the southeast. Bawone Drilling Update Drilling at the south-eastern end of Bawone has encountered primary sulphide mineralization, including 30.8 metres of 1.97 g/t gold in hole BOD-50, extended the mineralized zone 80 metres southeast of BOD-07 (31.60 metres of 3.75 g/t gold). Holes BOD-47 and BOD-50 have been drilled 40 and 80 metres respectively southeast of BOD-02 and BOD-07 across the projected strike of the known gold mineralized zone (view map at www.EAminerals.com). Results of a recent ground magnetic survey at Bawone shows a close spatial association of gold-bearing sulphide mineralization and linear magnetic "lows", partially coincident with a northwest trending chargeability feature (view map at www.EAminerals.com). This geophysical data provides encouragement that the strike of the main Bawone Gold Zone ("BGZ") may extend for at least another 100 metres to the southeast of hole BOD-50 in an area masked by shallow cover rock. Additionally, magnetometry has highlighted several other northwest and northeast trending linear magnetic features that warrant drill testing. The largest of these is located southeast of, and more or less on strike with the main BGZ. If this 400 metre long target zone is also gold mineralized it would extend the BGZ for a total potential strike length of about 900 metres or double the currently known extent of gold-mineralization. Hole Number From (m) To (m) Interval (m) Gold (g/t) Silver (g/t) Copper (%) Mineralization Type BOD-47 0.00 116.00 116.00 0.49 Pending Pending Stringer Sulphide Including 0.00 50.00 50.00 0.75 Pending Pending Stringer Sulphide BOD-50 65.00 95.80 30.80 1.97 Pending Pending Semi-massive Sulphide 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. 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 [email protected] 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: +1-604-684-2183 E: [email protected] or Nick Kohlmann, Corporate Communications Toronto T: +1-416-792-8734 E: [email protected]

	You can view the Next News Releases item: Tue Oct 14, 2008, East Asia Minerals Drills 56 Metres of 1.41 g/t Oxide Gold at Binebase, and Updates Indonesia Strategy You can view the Previous News Releases item: Mon Sep 22, 2008, East Asia Minerals Commences Aceh Porphyry Copper-Gold Drilling Program You can return to the main News Releases page, or press the Back button on your browser.