Grant of Options

Suite 1588 – 609 Granville Street, Vancouver, B.C. V7Y 1G5

NEWS RELEASE

GRANT OF OPTIONS

July 2, 2012 Symbol: EAS

East Asia Minerals Corporation (the “Company”) wishes to announce that it has entered into stock option agreements granting the right and option to purchase 3,300,000 common shares of the Company at $0.30 per common share exercisable in whole or in part on or before five years from July 2, 2012.

EAST ASIA MINERALS CORPORATION

Per: “Edward C. Rochette”

Edward C. Rochette, Director

About East Asia Minerals Corporation

East Asia Minerals (TSX VENTURE: EAS) 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 two phosphate properties in Mongolia. East Asia currently has 110,221,582 shares outstanding. Its shares are listed for trading on the TSX Venture Exchange under the symbol "EAS".

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

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.