East Asia extends Binebase Oxide Gold Mineralisation

East Asia Minerals Corporation, an Asian-based, Canadian mineral exploration company with gold and copper exploration properties in Indonesia, provides drilling results at its Binebase Project located on Sangihe Island, Sulawesi, Indonesia.

The company said that the recent infill and extension drilling results, including 39.0 metres of 1.06 g/t gold, at the Binebase project has extended the near-surface oxide gold zone 300 metres southeast of previous drilling. However, the Binebase Gold Zone remains open to the south and southeast.

Earlier drilling at the Binebase gold Project has outlined a north-west trending, near-surface gold oxide zone measuring 700 metres long by 300 metres wide, but this time drilling has extended this gold zone 300 metres to the southeast.

Holes BID-24 to BID-26 encountered the near surface oxide blanket of limonite-silica-clay mineralisation, averaging 40 metres thick with a very even gold grade distribution. The gold-bearing oxide zone remains open to the south and southeast.

Recent drilling has encountered primary gold-silver mineralization in the central southern part of the Binebase Gold Zone.

To date, three diamond core holes have outlined a +100 metre long, north-south trending lens-shaped structure of semi-massive sulphide (pyrite, enargite and covellite), quartz and barite.