As diamond drilling by East Asia Minerals continues to encounter gold mineralization at the Miwah Gold Project in Aceh Province, a second drill rig has arrived on site to begin resource estimate drilling.
The second rig is capable of drilling to a depth of 350 metres and will begin drilling at the western end of the Miwah Gold Zone.
The latest diamond drill hole encountered 1.01 grams/tonne gold over 132.9 metres, including 1.64 grams/tonne gold over 70.2 metres.
The latest hole was shut down at 200 metres downhole depth due to drill rig limitations. It is at the east end of the Main Miwah Gold Zone and tested south of two other holes where 1.28 grams/tonne gold over 183.5 metres, including 2.11 grams/tonne over 77.7 metres; and 1.00 grams/tonne gold over 153.7 metres, including 1.41 grams/tonne over 91.5 metres were encountered.
To date East Asia has drilled 1km of strike length along the shallow, laterally extensive 1.2km long Main Miwah Gold Zone, and has encountered wide intercepts of gold mineralization in all holes drilled. The main zone remains open in all directions.
The drilling program is continuing with the existing rig testing silicification and mineralization extending northeast from the Miwah Bluff portion of the Main Zone. The second, larger capacity drill rig, is also being utilized.
With about Can$8 million of available cash, the company is well funded to easily progress Miwah to completion of the initial NI43-101 compliant resource estimate, and to drill other gold projects in its portfolio, without recourse to financing.
www.EAminerals.com