Precious Metals and Gold Exploration and Development in Indonesia Corporate Presentation TSX-V: EAS
TSX-V: EAS www.eastasiaminerals.com Disclaimer This presentation contains forward looking information within the meaning of the securities legislation of British Columbia, Alberta and Ontario, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of East Asia Minerals, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to the interpretation of drill results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, mine life estimation, permitting timelines, the possibility that future exploration, development or mining results will not be consistent with expectations, metal recoveries, accidents, equipment breakdowns, title matters and surface access, labour disputes or other unanticipated difficulties with or interruptions in production, the potential for delays in exploration or development activities or the completion of new or updated feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations (including gold, silver, fuel, steel and construction items), currency fluctuations, failure to obtain adequate financing on a timely basis and other risks and uncertainties. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. The words anticipate, believe, estimate and expect and similar expressions, as they relate to us or our management, are intended to identify forward looking statements relating to the business and affairs of East Asia Minerals. Except as required under applicable securities legislation, we undertake no obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. PAGE 2
TSX-V: EAS www.eastasiaminerals.com Investor Highlights Building a World Class Junior Gold Producer • ! Over 3.3 million ounces of NI 43-101 gold resource in two projects: • ! Miwah: 3.14M oz. Au, open on along strike, across width and at depth, in Protected Forest Reserve • ! Sangihe: 219K oz. Au including near surface oxides for near-term production cash flow • ! Strong management team with Indonesia expertise living in-country to focus full time on building the company ’ s resources. • ! Attractive valuation and strong shareholder base including Tocqueville Gold Fund as anchor shareholder. PAGE 3 3
TSX-V: EAS www.eastasiaminerals.com Mining in Indonesia 10th Largest Producer of Gold Worldwide • ! Stable multiparty democracy • ! World-class gold deposits, including Grasberg the world ’ s largest gold deposit • ! Improving climate for gold mining attracting renewed exploration activity and investment • ! Martabe Mine in Sumatra bought for US$775 million from G-Resources March 2016 by EMR Capital (61.4%), Farallon Capital (20.6%), and two Indonesian Investors (18%) The Grasberg Mine is the largest gold mine and the third largest copper mine in the world. It is located in the province of Papua in Indonesia near Puncak Jaya, the highest mountain in Papua. It has 19,500 employees. PAGE 4 4
TSX-V: EAS www.eastasiaminerals.com Sangihe Overview Near-term, low cost production potential • ! Indicated & Inferred Resources of >266,000 Au equivalent ounces at Bawone and Binebase, located on Sangihe Island, North Sulawesi • ! Own 70% of COW valid until 2027 with 2 x 10 year extensions; EAS to cover exploration expenses up to BFS, then pro-rata • ! Plan to commence production of 1,000 oz. Au per month in mid 2018 via heap leach of oxides and increase resource through drilling PAGE 5 5
TSX-V: EAS www.eastasiaminerals.com Sangihe – Location PAGE 6 6
TSX-V: EAS www.eastasiaminerals.com Sangihe – Mineral Resource Summary Resource open along strike and at depth Sangihe Project Oxide Resources at 0.25 g/t Au cut-off Type Tonnes (t) Au (g/t) Ag (g/t) Au (oz.) Ag (oz.) Indicated 2,307,800 0.79 20.56 58,800 1,525,700 Inferred 1,228,900 0.83 13.92 32,900 550,100 Sangihe Project Sulphide Resources at 1.00 g/t Au cut-off Type Tonnes (t) Au (g/t) Ag (g/t) Au (oz.) Ag (oz.) Indicated 849,600 2.04 16.35 55,900 446,700 Inferred 1,307,400 1.71 12.03 72,100 505,500 Sangihe Project Total Resources Type Tonnes (t) Au (g/t) Ag (g/t) Au (oz.) Ag (oz.) Indicated 3,157,400 1.13 19.43 114,700 1,972,400 Inferred 2,536,300 1.29 12.95 105,000 1,055,600 PAGE 7
TSX-V: EAS www.eastasiaminerals.com Sangihe – Contract of Work (CoW) Tenure Location Near-term, low cost production potential • ! CoW total area of 82,080ha composed of 42,000ha on Sangihe Island and 40,080ha on Talaud Island • ! Exploration on Sangihe identified NI 43-101 (2013) 266,000 Au equivalent ounces (~139,000 indicated) at Bawone and Binebase • ! NI 43-101 (filed on SEDAR in 2010) for Bawone and Binebase with resource estimate of 835,000 oz. of gold and 11,926,000 oz. of silver all in the inferred category. Data was not used for 2013 NI 43-101 PAGE 8
TSX-V: EAS www.eastasiaminerals.com Sangihe – CoW Tenure Block A The Sangihe Contract of Work (CoW) Block A • ! Is located on the southern half of Sangihe Island, 200km NE of Manado in, North Sulawesi Province • ! Sangihe Island has a population of 130,000 which is a fishing and farming based economy • ! Sangihe Island has good infrastructure with sealed roads throughout and an airport and shipping ports which make Manado accessible by air (1hr) or by ferries (7 – 12hr) • ! The Sangihe Block A hosts the Binebase and Bawone prospects as well as other porphyry and epithermal mineralization PAGE 9
TSX-V: EAS www.eastasiaminerals.com Sangihe – Project Photos PAGE 10
TSX-V: EAS www.eastasiaminerals.com Sumatra & West Java – Mineral Deposits An Emerging World Class Gold Province PAGE 11
TSX-V: EAS www.eastasiaminerals.com Miwah Overview 3.14Moz Resource with Exploration Upside • ! 85% ownership interest through agreements with three IUP holders on 30,000 hectares located 130 km southeast of Banda Aceh on Sumatra, key asset in Protected Forest • ! EAS to fund all exploration costs up to BFS, thereafter pro-rata or dilution to 7% of net profit • ! IUP ’ s were introduced in 2009: Exploration IUP is 8 years with extensions, Operations IUP is 20 years with 2 x 10 year extensions, production royalty of 3.75%, 25% corporate tax rate, requirement to divest up to 51% over 10 year period after commencing production • ! Resource Model (NI 43-101, I. Taylor, 2011) defined an Inferred Resource containing 3.14Moz Au and 8.95Moz Ag with exploration upside PAGE 12 12
TSX-V: EAS www.eastasiaminerals.com Miwah – Project Photos PAGE 13
TSX-V: EAS www.eastasiaminerals.com Miwah – Mineral Resource Summary Resource open along strike, across width and at depth. Cut-off Ore Gold Silver Gold Silver (Au g/t) ( � 000t) (g/t) (g/t) ( � 000 oz.) ( � 000 oz.) Miwah Main Zone Indicated 0.20 4,900 1.34 3.71 210 560 Inferred 0.20 99,100 0.92 2.63 2,930 8,380 Oxidation Classification Oxide 0.20 1,900 0.50 1.35 30 80 Partial Oxide 0.20 75,900 0.98 2.76 2,390 6,740 Fresh 0.20 26,100 0.85 2.56 700 2,110 Total 0.20 103,900 0.94 2.68 3,140 8,960 PAGE 14
TSX-V: EAS www.eastasiaminerals.com Miwah – Mineral Resource Summary Significant potential to increase resource • ! Miwah Mineral Resource Model (NI 43-101, I.Taylor,2011) derived from 76 drill holes drilled at Miwah Bluff and Miwah Peak only. • ! Drilling defined a Resource 1300m along strike, 400m in width and 300m deep. • ! Resource Model (NI 43-101, I.Taylor,2011) defined an Inferred Resource of 103.9Mt at 0.94g/t Au and 2.68g/t Ag containing 3.14Moz Au and 8.95Moz Ag • ! Miwah Mineral Resource remain open along strike both to the East and West, across width both to the North and South and at depth PAGE 15 15
TSX-V: EAS www.eastasiaminerals.com Miwah – Location & Geology PAGE 16
TSX-V: EAS www.eastasiaminerals.com Miwah – Drill Hole Location Map PAGE 17
TSX-V: EAS www.eastasiaminerals.com Miwah – Drill Hole Location Map Section Slice 197675mE PAGE 18
TSX-V: EAS www.eastasiaminerals.com Miwah – Mineralisation Blocks PAGE 19
TSX-V: EAS www.eastasiaminerals.com Miwah – Mineralisation Cross Section Looking West PAGE 20
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