Silicon Investor - East Asia Minerals (EAS.V)

[falang] Latest NR giving EAS a bump up. Siagahie(sp?) drilling starting up again. No men...

falang — 9/12/2012 10:07:11 AM

Latest NR giving EAS a bump up. Siagahie(sp?) drilling starting up again. No mention of Miwah area in Aceh. Thought that was were the serious AU was at. Anyone have any thoughts. Thanks.

[dara] I follow you...

dara — 3/6/2012 8:44:28 PM

[3bar] Dara the placer gold is not that important for this deposit other than to indica...

3bar — 3/6/2012 8:01:09 PM

Dara the placer gold is not that important for this deposit other than to indicate a source .

If you look at Shawn Ryans first find in the Yukon the Luck Joe . He went to the place where there was placer in several streams close together ( 5 ) . He then did his soil testing . To easy and common sense . lol

[dara] Years ago I read a gold book by Pierre Lassonde and his comment with regards to ...

dara — 3/6/2012 12:22:10 PM

Years ago I read a gold book by Pierre Lassonde and his comment with regards to placer gold operations was to stay away. Too many difficulties to make it work. I tend to follow that advice.

[3bar] Thanks for your advice . Just went through a phase . Not sure if it was blinded ...

3bar — 3/6/2012 9:38:00 AM

Thanks for your advice . Just went through a phase . Not sure if it was blinded by greed or stupidity .

If you look at Cosigo Resources CSG.v Subject 58212

There is risk , speculation , but there is placer gold in 15 streams running off the property . There is gold on surface with bulks that averaged over 30 g/t . There is a soil anomaly with #s that have not been seen in the industry to date .

It looks like a large high grade deposit . It does not yet have the permits to drill from the Colombian govt . For this reason it is selling for .27 .

You could get your $ back and more even if you waited until permits were issued .

Cheers !

[not_prudent] I would most certainly say that you pumped East Asia but so did several others. ...

not_prudent — 3/6/2012 8:48:28 AM

I would most certainly say that you pumped East Asia but so did several others. It was a cumulative effect. Unless you have several alter egos/aliases you don't bear all that much blame. I believe that each of us is responsible for their own decisions regardless of whether they win or lose and if we are foolish enough to be influenced by the words of strangers then we should simply pay the price until we learn better. Personally, it is impossible to ignore the pumpers with their pompoms. Boards would be much better if the people who posted, only posted what they knew to be the facts as they are as opposed to what their imaginations can conjure. At at least have the decency to state that what they are offering is speculation. It's probably just too much to expect. EAS is a case of folks - including EAS management, turning chicken shit into chicken salad.

[3bar] Any one who lost money from my pumping this email me . eom

3bar — 3/6/2012 8:10:52 AM

[zebra4o1] Wish I knew how to interpret those results. At least they are making some progr...

zebra4o1 — 1/26/2012 4:42:35 PM

Wish I knew how to interpret those results. At least they are making some progress. Although, this doesn't look it was a major effort. Just grind up and leach a few existing cores.

[labbe] marketwire.com

labbe — 1/26/2012 4:31:14 PM

[zebra4o1] Thank God a unloaded most of my EAS into that dead cat bounce. Was good for my m...

zebra4o1 — 12/13/2011 11:57:18 AM

Thank God a unloaded most of my EAS into that dead cat bounce. Was good for my mental health. Still holding some because irrationally I just can't seem to accept that there is nothing at all to this company. Crazy thing is that the stock is still above my average purchase price of 48 cents. Next time I have a 15 bagger on a stock I will remember to sell. Amazing how having gains like that makes you totally irrational. I 've watched that happen to other people and laughed, but could not see it when it happened to me.

[LoneClone] I finally dumped the last of the EAS I had, just a bit, but I am going to hold t...

LoneClone — 12/13/2011 11:47:13 AM

I finally dumped the last of the EAS I had, just a bit, but I am going to hold the bit of BG I own, somewhat against my better judgment.

What a fiasco this has turned out to be.

LC

[zebra4o1] Man, this latest press release from EAS is just amazing. Sounds like they are ba...

zebra4o1 — 12/13/2011 11:20:32 AM

Man, this latest press release from EAS is just amazing. Sounds like they are barely allowed to step foot on the property, and never should have been doing any drilling.

You almost get the feeling that management is deliberately putting things in the worst light possible. Is this some kind of a setting-low-expectations game? The new management wants to get everything out in the open now so they can blame it on the previous management? They are trying to deliberately drive the stock price down right into peak tax loss selling? Why come clean like this right now?

Oh, and let's not forget this news of litigation over the Barisan spin off. Bad enough that the spin off killed the stock price, but now we find out it was kind of sloppy legally. Are we US investors ever going to see a penny from that spin off?

[labbe] marketwire.com

labbe — 11/7/2011 8:02:16 AM

[falang] Chill dude. Mucker give his considered and very knowledgeable opinion based on w...

falang — 10/14/2011 8:54:53 PM

Chill dude. Mucker give his considered and very knowledgeable opinion based on what was going on at the time. Sorry you got your financial ass kicked, but don't blame it on Mucker.

[UPTICK] To mucker.... Message 27692177 Were you part of that??? Probably!!!! Good thing...

UPTICK — 10/10/2011 2:54:58 PM

To mucker.... Message 27692177

Were you part of that??? Probably!!!! Good thing we didn't believe your shit...and more shit...LOL.

[Mario :-)] I'm not saying to buy. But chart is really interesting. This is a buy setup. ...

Mario :-) — 10/6/2011 6:46:40 PM

I'm not saying to buy.

But chart is really interesting. This is a buy setup.
First, you have indicators in positive divergence.
That would be sorta green flag. Once you get those positive divergence, then you watch for trend line break.
Trend line break is a buy signal. Typically in this kind of a set up.

There are two conditions though. Trend line break shouldn't be too high from the last low. Because low will be your stop loss - in this case 0.5 or 0.49. Buy at 0.61 or so...

Another condition is, that stock is fundamentally in a good shape. Is this a case here? Prolly not.

But I like the chart here. Last two upticks are supported by heavy buying. This puppy should go higher from here.
No position, will just watch...

[zebra4o1] Some hefty volume that last two days.

zebra4o1 — 10/6/2011 12:33:27 PM

[LoneClone] Management restructuring was certainly warranted after the debacles of the last ...

LoneClone — 10/3/2011 9:13:36 PM

Management restructuring was certainly warranted after the debacles of the last few years. Now we hope they pay off in the future.

LC

[zebra4o1] I think the last 10 press releases have been something on management or board of...

zebra4o1 — 10/3/2011 8:26:36 PM

I think the last 10 press releases have been something on management or board of director changes. Seems to be the main activity of the company lately.

[LoneClone] East Asia Minerals Announces Management Change ...

LoneClone — 10/3/2011 2:30:36 PM

East Asia Minerals Announces Management Change

ca.finance.yahoo.com

On Monday October 3, 2011, 8:30 am EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 3, 2011) - East Asia Minerals Corporation (TSXV: EAS.V) announces changes to its management structure, effective immediately. Dr. Darryl Clark has resigned as CEO-Director of East Asia, and is replaced by Mr. Edward Rochette. This change is a direct response by Dr. Clark, Mr. Rochette and the BoD to address the non-technical challenges currently faced in resolving and advancing the Miwah Project through the bureaucratic negotiation and permitting processes in Indonesia. Dr. Clark, Mr. Rochette, the BoD and the senior management team of East Asia Minerals have acknowledged that the balance of skill sets required to add value to East Asia Minerals Corporation during this period weigh heavily towards negotiation. Dr Clark will assist in the transition of the management across to Mr. Rochette until the 31st of October, 2011.

The Company thanks Dr. Clark for his efforts at East Asia Minerals.

Mr. Rochette joined the company May 2010 as a Director and has added significant depth to the Board with his extensive and expert international and legal background. In July 2011, Mr. Rochette was appointed as Chairman to the Board of Directors of East Asia Minerals.

Mr. Rochette is an internationally renown lawyer with over 30 years of experience in the acquisition of mining rights, international business, land management and natural resource transactions. He has concluded mining transactions involving gold and other precious metals, uranium, iron ore, nickel, coal and oil & gas in Asia, Central Asia, Africa, North America and a number of countries in South America, as well as the Balkan and Scandinavian regions in Europe. Previously he was Senior Vice President of Ivanhoe Mines Ltd. This responsibility included the negotiation to acquire the world class Oyu Tolgoi copper-gold project, Mongolia.

To receive or stop receiving EAS news via email, please email info@eaminerals.com and state your preference in the subject line.

FOR FURTHER INFORMATION, visit the Company's website at www.eaminerals.com.

About East Asia Minerals Corporation

East Asia Minerals (TSXV: EAS.V) is an Asian-based, Canadian mineral exploration company with gold and copper exploration properties in Indonesia, and uranium exploration properties in Mongolia. In Indonesia the Company has a 70 to 85% interest in three advanced gold and gold-copper properties located in Aceh Province, Sumatra, and Sangihe Island, North Sulawesi. The Company owns six uranium properties, including the advanced Ingiin-Nars, Ulaan Nuur and Enger uranium projects, and one phosphate properties in Mongolia. East Asia currently has 84,221,582 shares outstanding. Its shares are listed for trading on the TSX Venture Exchange under the symbol "EAS".

Caution Regarding Forward Looking Statements

Certain statements in this News Release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. When used in this News Release, such statements use words such as "may", "will", "expect", "intend", "anticipate" and other similar terms. These statements reflect management's current assumptions and expectations regarding future results, performance or events as of the date hereof and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Forward looking statements involve significant risks and uncertainties and should not be read as guarantees of future or performance results. Accordingly, readers should not place undue reliance on any forward looking statement.

Forward looking statements are based on assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made. The Company believes that the assumptions and expectations reflected in such forward looking statements are reasonable. Assumptions have been made regarding, among other things, the Company's future exploration and development activities; timely receipt of third party or regulatory approvals; and the Company's ability to obtain financing as and when required and on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used and that these factors and assumptions may be incomplete or incorrect.

Forward looking statements are also subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward looking information. Those risks include the interpretation of drill results and the estimation of mineral resources and reserves; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, permitting and licensing risks; and general market and mining exploration risks.

Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward looking statements to reflect events or changes in circumstances that occur after the date hereof. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

Mark Patchett
East Asia Minerals Corporation
Investor Relations
Vancouver T: +1 604 637 8154
patchett@eaminerals.com
www.eaminerals.com

[parsnip] LKS is HK's richest man being the head of Cheung Kong Holdings - a massive hold...

parsnip — 9/29/2011 11:58:30 AM

LKS is HK's richest man being the head of Cheung Kong Holdings - a massive holding company with stock symbol 1.HK on the HSI.
The deal was put together with CIBC and no doubt by Alex Granger who used to be at CIBC in Hong Kong before joining EAS. He is probably regretting this move as EAS lingers on the side of the road, leaderless and headless!
I would not get too excited by this as it is chump change or even less for LKS.
We need to see a management team of some credibility emerge from the MH/LM disaster and start what they are supposed to do...explore! I think Miwah is mired as it was when Highlands Pacific dumped it in the mid 1990's. Despite millions being spent on it subsequently by EAS the poor deposit remains much the same.
I will stop my ramblings now....

[LoneClone] Barisan Gold Completes Standby Purchase Related to Righ...

LoneClone — 9/27/2011 5:12:03 PM

Barisan Gold Completes Standby Purchase Related to Rights Offering

ca.finance.yahoo.com

On Tuesday September 27, 2011, 4:57 pm
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2011) -

THIS RELEASE IS NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES

Barisan Gold Corporation (TSXV: BG.V) is pleased to announce that it has closed the purchase of units by CEF (Capital Markets) Ltd., a wholly-owned subsidiary of CEF Holdings Ltd. pursuant to the standby purchase agreement in relation to the previously announced C$11.2 million rights offering. Under the terms of the standby purchase agreement between Barisan Gold and CEF Holdings Ltd., CEF Holdings Ltd. has designate CEF (Capital Markets) Limited to purchase 9,007,417 units comprising 9,007,417 common shares and 4,503,708 warrants for gross proceeds of approximately C$5.0 million. CEF (Capital Markets) Ltd. now holds 9,007,417 common shares or approximately 22% of the total number of Barisan Gold's common shares issued and outstanding and 4,503,708 warrants.

A total of 40,706,186 common shares and 10,176,546 warrants of Barisan Gold are now issued and outstanding.

To receive or stop receiving BG news via email, please email info@barisangold.com and state your preference in the subject line.

About Barisan Gold Corporation

Barisan Gold (TSXV: BG.V) is a Canadian-based minerals exploration company listed on the TSX Venture Exchange under the symbol "BG". The Company is engaged in the exploration, acquisition and development of mineral properties in Indonesia. Barisan Gold currently owns and operates three gold and gold-copper properties in Indonesia's Aceh Province on the northern tip of Sumatra Island, namely the Barisan gold-copper porphyry belt, the Abong epithermal gold project and the Takengon gold-copper porphyry prospect. Barisan Gold currently has 40,706,186 shares outstanding.

Caution Regarding Forward Looking Statements

Certain statements in this News Release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. When used in this News Release, such statements use words such as "may", "will", "expect", "intend", "anticipate" and other similar terms. These statements reflect management's current assumptions and expectations regarding future results, performance or events as of the date hereof and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Forward looking statements involve significant risks and uncertainties and should not be read as guarantees of future or performance results. Accordingly, readers should not place undue reliance on any forward looking statement.

Forward looking statements in this News Release include, among other things, statements regarding the proposed internal reorganization, dividend-in-kind and rights offerings, and the proposed terms, conditions, structure and consequences thereof to the Company and its security holders; the timing and receipt of approvals and consents; future exploration activities; the rights offering closing and related arrangement; and the adequacy of financial resources, among others.

Forward looking statements are based on assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made. The Company believes that the assumptions and expectations reflected in such forward looking statements are reasonable. Assumptions have been made regarding, among other things, the Company's ability to reorganize its properties and interests to permit it to carry out the proposed transactions in an effective and reasonable manner; the Company's future exploration and development activities; timely receipt of third party or regulatory approvals; and the Company's ability to obtain financing or close the proposed offering as and when required and on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used and that these factors and assumptions may be incomplete or incorrect.

Forward looking statements are also subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward looking information. Those risks include the interpretation of drill results and the estimation of mineral resources and reserves; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, permitting and licensing risks; and general market and mining exploration risks.

Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward looking statements to reflect events or changes in circumstances that occur after the date hereof. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision.

Investment in the common shares of the Company involves substantial risk. Please refer to the Prospectus, in particular, the section with the heading "Risk Factors".

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

Kristy Reynolds
Barisan Gold Corporation
Investor Relations
+1 604 684 2183
reynolds@barisangold.com
www.barisangold.com

[LoneClone] That does ring a bell, though my fickle memory may be confused since I also know...

LoneClone — 9/22/2011 7:15:18 PM

That does ring a bell, though my fickle memory may be confused since I also know Li Ka-shing from his role in developing the Expo 86 site in Vancouver.

I googled 'li ka-shing east asia minerals' and the 6th link from the top was your message I am replying to!

LC

[zebra4o1] Just learned on SH (hat tip Miwah) that CEF Holdings is controlled by Hong Kong ...

zebra4o1 — 9/22/2011 5:57:25 PM

Just learned on SH (hat tip Miwah) that CEF Holdings is controlled by Hong Kong billionaire Li Ka Shing. Not sure exactly what the implications of that are. But hasn't Li Ka Shing been involved in some earlier EAS financings - at a lot higher stock price?

CEF Holdings Ltd., a joint venture between Li's flagship firm, property developer Cheung Kong (Holdings) Ltd. (0001.HK), and Canadian Imperial Bank of Commerce (CM),

Read more: foxbusiness.com

[LoneClone] It wouldn't surprise me. I don't have very many shares so will load up if it get...

LoneClone — 9/21/2011 5:35:25 PM

It wouldn't surprise me. I don't have very many shares so will load up if it gets cheap.

LC

[zebra4o1] After taking the unsubscribed shares from the rights offering, CEF Holdings is g...

zebra4o1 — 9/21/2011 2:44:00 PM

After taking the unsubscribed shares from the rights offering, CEF Holdings is going to end up with 22% of BG and a bunch of warrants. Who are these CEF guys? Are they going to be dumping shares at every opportunity for the next six months?

reuters.com

[LoneClone] FWIW, Brent Cooke is rather impressed with the people running Barisan Gold. LC

LoneClone — 9/20/2011 6:25:23 PM

[labbe] marketwire.com

labbe — 9/19/2011 4:56:39 PM

[NOW] somehow gold and indonesia rings a bell...cant possibly think what it might be....

NOW — 9/18/2011 9:50:47 PM

somehow gold and indonesia rings a bell...cant possibly think what it might be....

[LoneClone] I believe his point was that they never tested the metallurgy. The whole Miwah e...

LoneClone — 9/16/2011 7:27:57 PM

I believe his point was that they never tested the metallurgy. The whole Miwah exploration was truly handled in a bizarre manner.

LC

[ferris wheel] Brent Cook was on BNN last night talking about EAS. He said something about the...

ferris wheel — 9/16/2011 7:04:16 PM

Brent Cook was on BNN last night talking about EAS. He said something about the metallurgy of Miwah sucks and that it is not an economical site to mine. I rode this thing from $3 to its high all the way down. I never learn.

Ciao,
FerrisWheel

[LoneClone] East Asia Minerals in a brutal decline Lou Schizas | Columnist profile | E...

LoneClone — 9/16/2011 10:00:49 AM

East Asia Minerals in a brutal decline

Lou Schizas | Columnist profile | E-mail
Special to Globe and Mail Update
Published Thursday, Sep. 15, 2011 5:58PM EDT Last updated Thursday, Sep. 15, 2011 7:03PM EDT

theglobeandmail.com

Lou,

Could we get your assessment of East Asia Minerals?

Thanks

Robbie

Hi Robbie,

East Asia Minerals Corp. ( EAS-X) is in the process of spinning off assets to existing shareholders and focusing their efforts on the Miwah gold project in Indonesia. As they transition from the exploration phase towards feasibility they have made changes in the executive suite. President, CEO, and director Michael Hawkins resigned July 26, 2011.

The stock has been in a sharp decline since May of this year. Some but not all of the retreat can be attributed to the efforts to distribute assets to shareholders. A review of the charts will help to explain the prospects for the shares

The three-year chart tells the tale of an aggressive retreat from the highs of $8.55 on Dec. 31, 2010. From there it pulled back to $5.50 in March, 2011, when it announced the distribution of assets. Worth noting is that a death cross surfaced in March as well. The shares held on to $5.50 until late April of 2011 but after that it fell into a waterfall sell-off.

The six-month chart illustrates the sell signal generated by the MACD in late April as the stock was trading at $5.00. From there it was all down hill. The MACD generated another sell signal in mid July when there was still an opportunity to get off the ride at $3.00. The RSI indicates that EAS has been oversold since mid July, which is a sign of weakness.

EAS is a prime example of taking profits when they are available. The selling that has take the shares from $8.55 to $5.50 to $3.00 and now to $0.78 is a ride no one should ever take twice. Also keep in mind that the company is a junior mining company that has yet to generate revenue or a gram of gold.

If you are thinking of bottom fishing this one be cautious! These are dangerous waters!

Make it a profitable day and happy capitalism!

[Step1] thx for the reply. Understood.

Step1 — 9/14/2011 11:16:57 AM

[LoneClone] For me it starts with the BG properties. I like them for their existing resource...

LoneClone — 9/14/2011 9:24:50 AM

For me it starts with the BG properties. I like them for their existing resources but especially their upside, and as far as I know there are not the permitting issues hindering Miwah.

Right now I could buy shares on the open market for 53 cents plus brokerage fees or exercise my rights for 55 cents which gets me a share plus a half a warrant with a strike price of $2 with a remaining life of two years without paying brokerage fees. It seems like a good deal to me.

Given that any rights that aren't taken up by the retail holders like us will be taken up by CEF, it just seems pretty straightforward to take advantage of the opportunity if you like the company, even if the odds are long against the share price exceeding the warrant strike price within two years.

LC

[Step1] Can you educate me as to why this is a good deal right now? Just a little stump...

Step1 — 9/13/2011 8:57:01 PM

Can you educate me as to why this is a good deal right now? Just a little stumped as to the use of capital here.
step1

I have some shares from the special dividend in kind by the way, this is not a rhetorical question...

[LoneClone] Barisan Gold Provides Reminder on Rights Issue ...

LoneClone — 9/12/2011 7:51:30 PM

Barisan Gold Provides Reminder on Rights Issue

ca.finance.yahoo.com

On Monday September 12, 2011, 8:30 am EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2011) - Barisan Gold Corporation (TSXV: BG.V) -

THIS RELEASE IS NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES

Barisan Gold Corporation would like to remind shareholders that they have until this Friday, September 16, 2011, to exercise their rights in conjunction with the 1-for-1 rights issue currently being conducted to eligible shareholders of East Asia Minerals Corporation (TSX VENTURE:EAS) of record as at July 21, 2011.

In order to exercise their rights, rightholders must complete the exercise form, which forms part of the rights certificate. Rightholders who holds their rights through their brokers should have received the exercise form or instruction request from their brokers. For those rightholders who are holding their rights through their brokers but have not received the exercise form or instruction request should contact their brokers immediately. Shareholders who are not resident in Canada or other eligible jurisdictions or are otherwise qualified ARE NOT eligible to participate in the rights offering. For details, please refer to the prospectus filed on SEDAR on August 9, 2011 (the "Prospectus").

The rights issue is expected to raise approximately C$11.2 million and is fully backstopped by CEF Holdings Ltd. Proceeds from the rights issue are intended to be used to advance exploration at the company's Barisan gold-copper porphyry belt project as well as for general corporate purposes as disclosed in the Prospectus. Shareholders should consult the Prospectus for details on the rights issue.

To receive or stop receiving BG news via email, please email info@barisangold.com and state your preference in the subject line.

About Barisan Gold Corporation

Barisan Gold (TSXV: BG.V) is a Canadian-based minerals exploration company listed on the TSX Venture Exchange under the symbol "BG". The Company is engaged in the exploration, acquisition and development of mineral properties in Indonesia. Barisan Gold currently owns and operates three gold and gold-copper properties in Indonesia's Aceh Province on the northern tip of Sumatra Island, namely the Barisan gold-copper porphyry belt, the Abong epithermal gold project and the Takengon gold-copper porphyry prospect. Barisan Gold currently has 20,353,093 shares outstanding.

Caution Regarding Forward Looking Statements

Certain statements in this News Release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. When used in this News Release, such statements use words such as "may", "will", "expect", "intend", "anticipate" and other similar terms. These statements reflect management's current assumptions and expectations regarding future results, performance or events as of the date hereof and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Forward looking statements involve significant risks and uncertainties and should not be read as guarantees of future or performance results. Accordingly, readers should not place undue reliance on any forward looking statement.

Forward looking statements in this News Release include, among other things, statements regarding the proposed internal reorganization, dividend-in-kind and rights offerings, and the proposed terms, conditions, structure and consequences thereof to the Company and its security holders; the timing and receipt of approvals and consents; future exploration activities the rights offering closing and related arrangement; and the adequacy of financial resources, among others.

Forward looking statements are based on assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made. The Company believes that the assumptions and expectations reflected in such forward looking statements are reasonable. Assumptions have been made regarding, among other things, the Company's ability to reorganize its properties and interests to permit it to carry out the proposed transactions in an effective and reasonable manner; the Company's future exploration and development activities; timely receipt of third party or regulatory approvals; and the Company's ability to obtain financing or close the proposed offering as and when required and on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used and that these factors and assumptions may be incomplete or incorrect.

Forward looking statements are also subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward looking information. Those risks include the interpretation of drill results and the estimation of mineral resources and reserves; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, permitting and licensing risks; and general market and mining exploration risks.

Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward looking statements to reflect events or changes in circumstances that occur after the date hereof. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision.

Investment in the common shares of the Company involves substantial risk. Please refer to the Prospectus, in particular, the section with the heading "Risk Factors".

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

Kristy Reynolds
Barisan Gold Corporation
Investor Relations
+1 604 684 2183
reynolds@barisangold.com
www.barisangold.com

[dara] No, I'm in Canada. But this article might help... mineweb.com

dara — 9/8/2011 4:05:24 PM

[nonrev] Dara. Are U US citizen? I'm trying to work thru my Broker (per instructions) a...

nonrev — 9/8/2011 3:34:41 PM

Dara. Are U US citizen? I'm trying to work thru my Broker (per instructions) and they are stumped. (Penntrade)

Thanks

nonrev

[dara] ...

dara — 9/8/2011 11:19:38 AM

[LoneClone] I just phoned my broker and said the magic words. ("Exercise them please.") LC

LoneClone — 9/8/2011 11:09:20 AM

[dara] Dumb question. How do you exercise them? Okay. I found the answer and I bette...

dara — 9/8/2011 10:46:55 AM

Dumb question. How do you exercise them? Okay. I found the answer and I better exercise them pretty darn quick.

mineweb.com

[LoneClone] East Asia Minerals Provides Mongolia Uranium Program Update ...

LoneClone — 9/7/2011 10:37:39 PM

East Asia Minerals Provides Mongolia Uranium Program Update

ca.finance.yahoo.com

On Wednesday September 7, 2011, 8:30 am EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2011) - East Asia Minerals Corporation (TSXV: EAS.V) wishes to report on the progress of its 2011 summer drilling campaign at its wholly-owned uranium projects located in Mongolia. The drilling campaign was launched in August with the objectives of (a) meeting annual expenditure requirements to keep the projects in good standing; (b) test previously identified targets at the Enger and Ingenii-Nars projects; and (c) initiate early stage exploration at the Ulaan Nuur, Sevsuul Bulag, Bukht Uul and Unegt prospects.

East Asia Minerals has now completed the proposed summer 2011 drill program at the Enger project. The program consisted of four PCD-DDH (Polycrystalline Pre Collar-Diamond Drilling) holes and six air core holes for a total of 838 metres. All PCD-DDH holes have encountered the targeted uranium-bearing horizons with down-hole radiometrics supporting the geologic model. Samples from the diamond drill core sections of the holes have exhibited excellent recovery and have been sent to the laboratory for further analysis.

The Enger project was discovered in the mid 1980s by government prospecting teams who conducted at least 18 drill holes, which resulted in the delineation of a historical, non-NI43-101 compliant, resource of approximately 400,000 lbs. of U at an average grade of 0.065% U. East Asia Minerals first acquired the Enger project in August 2005 and actively drilled the property in 2006/07 to confirm the presence of this historical uranium mineralization. Key intercepts of the East Asia drilling campaigns of 2006/2007 included 2.5 metres of 0.410% U3O8 (ENDD003) and 13.5 metres of 0.108% U3O8 (ENDD005). In addition, the drilling supported the concept that the volcanic-hosted mineralization at Enger forms in a similar geological environment to that of the Gurvanbulag uranium deposit (Saddle Hills project) in northeast Mongolia.

To access this image, please go eaminerals.com

Figure 1 - Enger plan view map with contact area mineralization and drill hole locations (refer to www.EAminerals.com for additional maps and drill sections).

To access this image, please go eaminerals.com

Figure 2 - Enger longitudinal section looking north (refer to www.EAminerals.com for additional drill sections).

For the PCD-DDH program, four holes (ENDD010, and ENDD016 to 018) ranging from 57 to 250 metres depth were drilled to test the southwest up-dip extension of the main mineralization, and up-dip extension of deeper mineralized horizons. All holes encountered the targeted uranium-bearing horizons with down-hole radiometrics supporting the geologic model. The shallower main mineralized horizons at the contact between volcanics and overlying sediments were successfully extended. In addition, a number of tabular or lens like zones were encountered within altered rhyolite and associated tuffs just beneath the contact zone. The southwest extension from deeper zones was encountered in the eastern area of drilling, whereas to the west there appears to be some cut-offs or off-setting due to faulting. The 2011 program has extended the Enger deposit up-dip to the southwest and remains open in all other directions.

For the air core drilling (EN01AC to EN06AC), two prospective areas were identified in the northeast sector of the property from a soil gas hydrocarbon geochemical survey and follow-up ground radiometric survey. East Asia drilled six shallow holes (20 to 54 metres depth), with two holes identifying early stage targets for further investigation in sediments. Hole EN001AC encountered an average of 610 cps (counts per second) from 1.8 to 3.5 metres depth, and drill hole EN005AC encountered 373 cps from 10.17 to 10.42 metres.

The following table presents the key drill intercepts from holes conducted by East Asia Minerals since acquiring the project in 2005. By comparing the cps readings with assay results of the 2006/07 drill programs, East Asia Minerals is encouraged by the results of the 2011 drill program. The 2011 cps results are indicative and validation will be determined when assays are received from the submitted core samples.


-----------------------------------------------------------------------
----
Year     Hole        From (m)  To (m)  Width (m)   Grade(U3O8%) Average cps
---------------------------------------------------------------------------
2006     ENDD002       182.5   185.0        2.5          0.232        1,285
---------------------------------------------------------------------------
2006     ENDD003       128.5   131.0        2.5          0.410        3,682
---------------------------------------------------------------------------
2006     ENDD005        53.5    67.0       13.5          0.108        3,153
---------------------------------------------------------------------------
2007     ENDD011       104.5   113.8        9.3          0.212        3,993
---------------------------------------------------------------------------
2007     ENDD015        23.0    27.0        4.0          0.033        1,383
---------------------------------------------------------------------------
2011     ENDD016        31.9    36.9        5.0        Pending          634
---------------------------------------------------------------------------
                        59.6    61.3        1.7        Pending        2,890
---------------------------------------------------------------------------
2011     ENDD017        43.7    50.2        6.5        Pending        2,579
---------------------------------------------------------------------------
                        70.7    73.2        2.5        Pending        3,162
---------------------------------------------------------------------------
2011     ENDD018       108.9   111.8        2.9        Pending          741
---------------------------------------------------------------------------
                       134.2   136.1        1.9        Pending        1,171
---------------------------------------------------------------------------

Table 1 - Key intercepts at Enger from East Asia Minerals' drilling since 2006 (also refer to www.EAminerals.com)

The drill rig at the Enger project has now been moved to the Ingenii-Nars project. The proposed drilling program at Ingenii-Nars is expected to include four PCD holes in the main zone of the sandstone-hosted uranium project. Additional drilling in other parts of the property had been planned and is now being reconsidered in light of this year's excessive wet conditions in the clay basin where the project is located.

EAS has not verified the classification of the historic resource reference and is not treating it as a NI 43-101 defined resource verified by a QP. Although this historical resource is relevant to recognizing the potential of the Enger Property, it should not be relied upon. Samples have been sent to Stewart Mongolia LLC Laboratory in Ulaanbaatar, Mongolia. Lionel Martin, P.Geo., the designated QP within the meaning of NI 43-101, has reviewed and approves the content of this release.

To receive or stop receiving EAS news via email, please email info@eaminerals.com and state your preference in the subject line.

About East Asia Minerals Corporation

East Asia Minerals (TSXV: EAS.V) is an Asian-based, Canadian mineral exploration company with gold and copper exploration properties in Indonesia, and uranium exploration properties in Mongolia. In Indonesia the Company has a 70 to 85% interest in three advanced gold and gold-copper properties located in Aceh Province, Sumatra, and Sangihe Island, North Sulawesi. The Company owns six uranium properties, including the advanced Ingiin-Nars, Ulaan Nuur and Enger uranium projects, and one phosphate properties in Mongolia. East Asia currently has 84,221,582 shares outstanding. Its shares are listed for trading on the TSX Venture Exchange under the symbol "EAS".

Caution Regarding Forward Looking Statements

Certain statements in this News Release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. When used in this News Release, such statements use words such as "may", "will", "expect", "intend", "anticipate" and other similar terms. These statements reflect management's current assumptions and expectations regarding future results, performance or events as of the date hereof and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Forward looking statements involve significant risks and uncertainties and should not be read as guarantees of future or performance results. Accordingly, readers should not place undue reliance on any forward looking statement.

Forward looking statements are based on assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made. The Company believes that the assumptions and expectations reflected in such forward looking statements are reasonable. Assumptions have been made regarding, among other things, the Company's future exploration and development activities; timely receipt of third party or regulatory approvals; and the Company's ability to obtain financing as and when required and on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used and that these factors and assumptions may be incomplete or incorrect.

Forward looking statements are also subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward looking information. Those risks include the interpretation of drill results and the estimation of mineral resources and reserves; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, permitting and licensing risks; and general market and mining exploration risks.

Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward looking statements to reflect events or changes in circumstances that occur after the date hereof. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

Mark Patchett
East Asia Minerals Corporation
Investor Relations
+1 604 637 8154
patchett@eaminerals.com
www.EAminerals.com

[nonrev] Why am I not surprised. Thanks

nonrev — 9/7/2011 3:31:35 PM

[zebra4o1] My interpretation of that material is that US shareholders are not eligible to r...

zebra4o1 — 9/7/2011 10:52:17 AM

My interpretation of that material is that US shareholders are not eligible to receive the shares or the rights, so a third party company will sell the shares and rights as they see fit and send us the money when they feel like it.

[nonrev] I am a US holder of EAS. Just received the Barisan Final Prospectus and info th...

nonrev — 9/7/2011 7:20:53 AM

I am a US holder of EAS. Just received the Barisan Final Prospectus and info that I needed to contact my broker by 16 Sept with instructions on what to do as regards the rights issue.

Any other US holder receive this?

Also, I'm not sure of all the options avialable to me. Heres what I understand - can anyone comment or correct.

For every share I have in EAS I will recieve a "Rights Share" of Barisan.
I have two (?) options. I can either keep this "Rights Share" or I can sell it before 16 Sept. Is this correct?

At least one question. If I choose to sell will the sell price be .55 cents or are these Rights subject to bid/ask as a normal stock?

Any advise insight would be appreciated

Rgds

nonrev

[LoneClone] I have been moving my tax loss selling a little earlier every year and reading t...

LoneClone — 9/6/2011 6:40:46 PM

I have been moving my tax loss selling a little earlier every year and reading the Rule article got me going on it today. I might include EAS in the To Be Sold list except I don't want to miss out on any of the other spinouts to come.

LC

[dara] Well EAS is likely to be a tax loss selling candidate but a lot of other gold st...

dara — 9/6/2011 5:54:47 PM

Well EAS is likely to be a tax loss selling candidate but a lot of other gold stocks are up on the year.

[zebra4o1] Nice for you Canadians. Probably will be months before US investors see anything...

zebra4o1 — 9/6/2011 3:07:54 PM

Nice for you Canadians. Probably will be months before US investors see anything from this 'dividend'.

Just listened to Rick Rule talk about how brutal tax loss selling is going to be this year. He suggested selling now, not waiting until December. Wondering if this applies to EAS.

[LoneClone] Me too in my TDW account. I will exercise them this week. LC

LoneClone — 9/6/2011 9:27:47 AM

[dara] I have received the Barisan rights in a BMO account.

dara — 9/6/2011 4:54:28 AM