Grant of Options

Suite 900 – 999 West Hastings Street Vancouver, B.C. V6C 2W2

NEWS RELEASE

GRANT OF OPTIONS

March 8, 2011 Symbol: EAS

East Asia Minerals Corporation (the “Company”) wishes to announce that it has entered into a stock option agreement with a new director granting the right and option to purchase 250,000 common shares of the Company at $5.93 per share exercisable in whole or in part on or before five years from March 8, 2011.

EAST ASIA MINERALS CORPORATION

Per: “Darren M. Pylot”

Darren M. Pylot, Chairman and Director

Contact Information:

Michael Hawkins, President and CEO Vancouver T: (604) 684-2183 E: [email protected]

Nick Kohlmann, Corporate Communications Toronto T: (416) 792-8734 E: [email protected]

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.