The company said that a diamond drilling of 4,000m has been planned during this campaign, which is targeted for completion by calendar year end.

The Phase II drilling program will focus on expansion of the surface and near-surface gold resources at both Binebase and Bawone through further in-fill and extension drilling.

A 200m capacity diamond drilling rig is currently on its way to site and will begin drilling at the Binebase oxide gold deposit within 10 days.

In addition, beginning in April, an airborne magnetic survey will be conducted over a significant portion of the license area to generate new prospects.

East Asia also intends to conduct initial drilling at the Salurang, Sede, Kupa and Taware gold prospects, which are known to host gold-bearing quartz veins.

At the Sede and Kupa prospects, significant gold results have been obtained from sets of northeast-trending quartz-sulphide veins defined by small pits and adits.

The channel sampling has produced results of up to 4.57g/t gold over 4.75m, which, although not true width of the vein, indicates the presence of elevated gold within the vein wall rocks.

High grade results of greater 5g/t gold in individual samples are present at the Sede, Kupa and Taware prospects.