East Asia Minerals Corporation announced additional positive results from its Phase 1 Drilling Program at the company's Sangihe Project in Indonesia. The Phase 1 Drilling Program holes BID148 and BID149 at Binebase resulted in expansion of the Binebase resource's northwestern boundary. Drill hole BID148 contains a significant intercept of oxide mineralization measuring 6 metres (m) in length from near surface at just 3m to 9m in depth down hole with an average gold grade of 2.50 grams per tonne (g/t). Drill hole BID149 contains a significant intercept of oxide mineralization measuring 5m in length from the shallow depth of 13m to 18m in depth down hole with an average gold grade of 5.17 g/t. Bawone drill hole BOD094 contains two significant intercepts. The first at a down hole depth from 45m to 53.5m with an 8.5m length of sulphide mineralization which has a gold and copper grade average of 6.10g/t and 0.74%. The second intercept in BOD094 extends for a down hole length of 85.8m from 80.5m to 166.3m with this wide massive sulphide mineralized zone having a gold and copper grade average of 1.19 g/t and 0.26%. This wide mineralized zone contains an intercept of 8.7m down hole length from 80.5m to 89.2m with an average gold grade of 2.00 g/t and an average copper grade of 0.39%. Bawone drill hole BOD095 contains a significant intercept of sulphide mineralization measuring 15.25m in length down hole from a depth of 66.6m to 81.85m with an average gold and copper grade of 3.05 g/t and 0.49%. This significant intercept includes two higher grade zones the first from 70.6m to 75.6m where this 5 m length down hole has an average gold and copper grade of 4.33 g/t and 0.49% and the second higher grade zone from 78.6m to 81.85m where this 3.25m length down hole has an average gold and copper grade of 4.89 g/t and >1.0%. The second phase of drilling is being considered to begin in the latter half of 2013. Phase 2 will comprise of 10,000 metres. The objective of Phase 2 will be to identify resource extensions and definitions at Binebase, Bawone and Taware. The company will also drill scout holes to test for extensions from Bawone to Salurlang. Further scout holes are planned for the Kuring and Kupa valley prospects. Kuring and Kupa are known to contain high-grade veins and have extensive artisanal mining activity. Trenching samples retrieved by the company from Kupa have been assayed at in excess of 30 g/t of gold.

East Asia Minerals Corporation announced that at the annual and special meeting of shareholders to be held on June 7, 2013 it will consider, and if thought fit, approve a special resolution authorizing an alteration of the company's Articles to include advance notice provisions.

East Asia Minerals Corporation announced additional positive results from its Phase 1 Drilling Program at the company's Sangihe Project in Indonesia. The exploration program is comprised of 4,600 metres of drilling. The program is divided between the Binebase mineralization zone extension which consists of 12 holes totaling 1800 metres, the Bawone mineralization zone extension consisting of 12 holes totaling 1800 metres and 10 scout holes at the Kupa and Taware areas, totaling 1000 metres. The Phase 1 Drilling Program at Bawone resulted in expansion of the Bawone resource to the northwest with drill hole BOD093. This hole contains a significant intercept measuring 20 metres in length from 73.7 metres to 93.7 metres in depth with an average grade of 1.06 grams per tonne of gold and 0.43% copper. The intercept includes 3 metres in length and from 76.7 metres to 79.7 metres in depth with an average gold and copper grade of 1.59 grams per tonne of gold and over 1% copper. This intercept also has 2 metres in length and depth between 80.7 metres to 82.7 metres with an average grade of 2.59 grams per tonne of gold and 0.44% copper. The scout hole drilling in the Taware valley has been very successful with 4 of the 10 drill holes intercepting targeted mineralized quartz veins based on assays received. A significant intercept occurred from drill hole TAD006 which intercepted a 0.9 metre wide vein with an average gold grade of 14.6 grams per tonne at a depth of 45.25 metres. TAD006 also contains a second significant intercept from a down hole with depth of 101.9 metres measuring 3 metres wide with a gold grade average of 1.38 grams per tonne. Taware drill hole TAD005 contains 2 significant intercepts. The first at a down hole depth of 53.4 metres with a 0.8 metre-wide breccia zone has a gold and copper grade average of 2.12 grams per tonne and 0.12%. The second, at a down hole depth of 138.3 metres and 0.6 metres wide has an average grade of 2.09 grams per tonne gold and 0.06% copper. Taware drill hole TAD004 also contains 2 significant intercepts. The first at a down hole depth of 30.4 metres and 1 metre wide has a gold grade average of 1.92 grams per tonne. The second, with a length of 0.8 metres at a down hole depth of 34.4 metres has a gold grade average of 1.12 grams per tonne. Drill hole TAD009 contains one significant intercept at a down hole depth of 36 metres with a 0.5 metre-wide breccia zone that has a an average grade of 2.32 grams per tonne gold and 0.04% copper. The second phase of drilling is planned to begin in the second quarter of 2013. Phase 2 will comprise of 10,000 metres. The objective of Phase 2 will be to identify resource extensions and definitions at Binebase, Bawone and Taware. The company will also drill scout holes to test for extensions from Bawone to Salurlang. Further scout holes are planned for the Kuring and Kupa valley prospects. Kuring and Kupa are known to contain high-grade veins and have extensive artisanal mining activity. Trenching samples retrieved by the company from Kupa have been assayed at 30 grams per tonne of gold.