East Asia Minerals Updates Progress at Miwah Gold Project-Indonesia

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Mon Oct 5, 2009 8:37am EDT

  VANCOUVER, BRITISH COLUMBIA, Oct 05 (MARKET WIRE) -- 
East Asia Minerals Corporation (TSX VENTURE: EAS) reports that
exploration activities at its Miwah Gold Project in Aceh Province,
Northern Sumatra, Indonesia have not been affected by the recent
earthquakes that have resulted in the crisis of Western Sumatra.
Foremost, East Asia Minerals extends condolences to the families and
communities that have been affected by the earthquakes.

    Regarding the Company's activities, the exploration area and business are
unaffected and continuing on schedule following a break during the last
part of September in respect of the Ramadan period and the Idul Fitri
celebrations. Prior to the break commencing September 14, drill holes
EMD090 and EMD010 were successfully completed. On September 25 work
recommenced with drill hole EMD011 and is progressing well, being half
completed. Following completion of EMD011, drill hole EMD012 will test
the Main Miwah Gold Zone with a further step-out approximately 200 metres
east of EMD008/011.

    Intertech assay laboratories in Jakarta, East Asia Minerals' primary
commercial lab, has also recommenced and is catching up on the back-log
of samples from the Idul Fitri celebrations. The Company has been advised
that assays for drill holes EMD009 and EMD010 are to be expected later
this week or early next week.

    About East Asia Minerals Corporation

    East Asia Minerals (TSX VENTURE: EAS) 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 advanced to define NI43-101 compliant
resources. The Company owns eleven uranium properties, including the
advanced Ingiin-Nars, Ulaan Nuur and Enger uranium projects, four
phosphate properties, and a 75% interest in the Khok Adar copper oxide
discovery in Mongolia. East Asia currently has 66,014,122 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.

Contacts:
East Asia Minerals Corporation
Michael Hawkins
President and CEO
1-604-684-2183
Hawkins@EAminerals.com

East Asia Minerals Corporation
Nick Kohlmann
Corporate Communications
+1-416-792-8734
Kohlmann@EAminerals.com
www.EAminerals.com

Copyright 2009, Market Wire, All rights reserved.

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