Initial drilling at East Asia Minerals’ Binebase Prospect in Indonesia has encountered significant, near surface epithermal gold and silver mineralization.

All holes completed to date at Binebase, which is part of East Asia’s Sangihe Property, have encountered the mineralization with the best intersections being: 35.95 metres of 4.03 grams/tonne gold and 188.28 grams/tonne silver from 8m depth, including 22m of 5.74 grams/tonne gold; 42.35m of 1.34 grams/tonne gold and 107.54 grams/tonne silver from 4m depth; and 45m of 1.28 grams/tonne gold and 50.51 grams/tonne silver from surface.

The Binebase Prospect is about 1km along strike from, and probably contiguous with, the Bawone Prospect, where initial drilling conducted by East Asia has returned up to 95m of 2.15 grams/tonne gold and 31.6m of 3.75 grams/tonne gold.

Drilling is planned to continue throughout 2008 at Binebase and Bawone where the near surface gold and silver mineralization remains open along strike in both directions. The objective is to complete NI43-101 compliant resource definition.

Preliminary interpretation of a recently completed induced polarization programme over the 1.2km between the zones has confirmed the potential that the prospects may connect. Trenching about 400m north-west of Bawone, in the shallow covered area between Binebase and Bawone, opened a small window through the volcanic ash tuff cover and exposed mineralization grading 2.90 grams/tonne gold and 10.0 grams/tonne silver. This provides the company with further evidence of continuity between the prospects.

East Asia’s president and CEO Michael Hawkins says: "We are greatly encouraged by the Sangihe Property where we continue to demonstrate the veracity and upside of the historic gold zones. The gold mineralization remains consistent and we are confident we will continue to enhance the potential of the Bawone and Binebase prospects, while possibly adding to the potential for additional gold between these two zones and elsewhere on the large Sangihe Property.

“We are well on track to outline NI43-101 compliant resources at Sangihe during 2008, and are encouraged that we are also in progress for the same at our Abong area in Aceh Province where drilling has started.”

www.EAminerals.com