EAST ASIA MINERALS (V-EAS) Hits Gold Again!

This is the most current brokerage buy/sells after the incredible run up today...
you will notice that retail were running up the stock while Pros were dumping the paper for the profit. Retails gets the toilet paper and brokerages gets the money.
This is a great story...but not so great when you figure the Pro's left the stock fast. Look At the biggest seller anonymous! That ain't you and me folks. Its the Pro's who dumped on retail. They will wait till the stock falls back and buy at the low before the next insider tip is released to them LOL.






East Asia Minerals Corp
Symbol EAS
Shares Issued 72,055,372
Close 2010-04-08 C$ 6.30
Recent Sedar Documents

East Asia Minerals drills 22 m of 15.74 g/t Au at Miwah

2010-04-09 08:40 ET - News Release

Mr. Michael Hawkins reports

EAST ASIA MINERALS BOTTOMS HOLE WITH 15.74 G/T GOLD OVER 22 METRES WITHIN 111 METRES GRADING 3.96 G/T GOLD; EXTENDS MIWAH FURTHER NORTH TOWARDS MOON RIVER WITH INCREASING GRADE AND THICKNESS

East Asia Minerals Corp. has extended drilling to the Miwah Main zone toward Moon River at the Miwah gold project in Aceh province, northern Sumatra, Indonesia. EMD024 encountered 3.96 grams per tonne gold over 111 metres, including 15.74 g/t gold over 22 metres, indicating increasing grade and thickness to the north. The hole was terminated, due to rig limitations, at 209 metres, with the penultimate and ultimate metre intercepts downhole grading 17.25 g/t gold and 20.6 g/t gold, respectively. East Asia has drill validated the 1.2-kilometre east-west outcrop width of the shallow, laterally extensive, Miwah Main zone, and has encountered gold mineralization in all of its holes. The Miwah Main zone remains open in all directions, with the Moon River area expanding the north-south potential to more than 600 metres, whilst remaining open farther to the north toward Sipopok. Sampling west of the Miwah Main zone has potentially expanded the east-west width another 600 metres. The company notes that with the latest drilling results, the Miwah Main zone has now been extended toward a similar northing as Moon River.

EMD024 was drilled with a due-north azimuth and 55-degree dip, 125 metres north from EMD023, and was completed at 209 metres downhole depth. This is the farthest north the company has drilled the Miwah Main zone to date, with the mineralization continuing to the end of hole and beginning to firmly establish a link with Moon River. Gold grading 3.96 g/t was encountered from 98 to 209 metres, including 15.74 g/t gold from 187 to 209 metres. The gold is open to depth and in all directions, and is interpreted to be contiguous to the south, where EMD018 encountered 2.18 g/t gold over 116 metres, including 3.28 g/t gold over 61 metres, and EMD019 encountered 4.08 g/t gold over 81 metres, including 9.29 g/t gold over 21 metres. Along section, the mineralization is increasing in grade and thickness to the north.

EMD025 was drilled with a due-west azimuth and 55-degree dip, to test west from EMD024, and was completed at 210 metres downhole depth. Commencing at 87.8 metres depth, the hole encountered multiple zones of visually altered and mineralized rock to 206.6 metres. Assays are pending.

EMD026 is being drilled with a 310-degree azimuth and 50-degree dip, targeting the extension of silicification to the north and east of the Miwah Bluff portion of the Miwah Main zone. It is a north-westerly step out from EMD014. The hole is progressing well, having encountered visually altered and mineralized rock from 104 metres downhole depth.

EMD027 is commencing with a 180-degree azimuth and 55-degree dip, to confirm thickness and test for gold-grade variation in the high-grade vuggy silicification north from EMD023.

Miwah background

The Miwah gold prospect was partially defined by approximately 3,100 metres of drilling in 12 holes by a previous explorer in 1997. All holes drilled during this program intersected significant alteration and mineralization, with intercepts including 71 metres of 1.4 g/t gold and 58 metres of 1.1 g/t gold. The previous explorer suggested potential for 100 million tonnes (Mt) at 1.1 to 1.2 g/t gold, however, a review of the historical data indicates that early drilling was parallel to higher-grade (greater than five g/t gold) structures at surface. Hence, in addition to greater mineralized tonnage, significantly higher overall grades are anticipated from better geological understanding, results of the company's detailed sampling and properly oriented drill holes.

Based on the company's work, Miwah is resolving into two components; a large 1,200-metre long, at least 300- to 400-metre-wide, approximately 200-metre-thick tabular zone; and vertical diatreme breccia feeder zones that are beneath and cut through this. At Miwah gold zones, East Asia has almost 2,500 metres of rock-sawn channel samples which average 2.35 g/t gold. Grade expectations in Main Miwah gold zone exceed 1.5 g/t gold. Continuing sampling verified the company's confidence that higher overall gold grades can be achieved due to the presence of multiple high-grade rock-sawn channel samples throughout the strike, including 4.11 g/t gold over 200 metres at the eastern part of the Main Miwah gold zone, and 4.35 g/t gold over 27 metres at the western part. Recent drilling has supported this. In addition to the tabular zone, the company has begun to characterize some of the diatreme breccia feeder zones, with rock-sawn channel samples including 83.59 g/t gold over 24 metres and 20.14 g/t gold over 12 metres. Recent drilling has supported this. These feeder zones have great potential to develop into substantial tonnages of higher-grade gold mineralization in an area adjacent to the Main Miwah gold zone.

The Miwah property is in a very similar volcanic setting to the Martabe gold-silver deposit, also located in North Sumatra (Purnama and Baskara resources: 127.8 million tonnes at 1.4 g/t gold (5.5 million ounces gold) and 15 g/t silver (60 million ounces silver), and the alteration system is of a comparable size. Miwah also exhibits a likeness to the size, style and geometry of the alteration system developed at the Pierina gold deposit in Peru (67.7 Mt grading 2.98 g/t gold and 22 g/t silver, giving a total of 6.49 million ounces gold and 47.9 million ounces silver).

Samples reported were assayed at Intertek assay laboratories in Jakarta. Lionel Martin, PGeo, the designated qualified person within the meaning of NI 43-101, has reviewed and approved the content of this release. East Asia has not verified the classification of the resource references and is not treating them as NI 43-101-defined resources verified by a qualified person. Although the references of resources are relevant to recognizing the potential of the Miwah project, they should not be relied upon.

We seek Safe Harbor.