East Asia Minerals Corporation provided the update as to the status of its Sangihe and Miwah projects located in, Indonesia. Sangihe Project: The Sangihe Gold-Copper Project is located on the island of Sangihe off the northern coast of Sulawesi and has an existing National Instrument 43-101 compliant Inferred Mineral Resource. The interest in the Sangihe mineral tenement Contract of Work is held through PT Tambang Mas Sangihe (PTTMS) (the Sangihe CoW). The remaining 30% interest in PTTMS is held by three Indonesian corporations. The term of Sangihe CoW agreement is for a period until 2027, and can be extended for two additional 10 year periods. During the year ended December 31, 2016, the Company completed some of the necessary requirements for maintaining PTTMS, but the Company was unable to complete funding needed to make certain annual payments, including the land rent and property taxes, on this project. PTTMS has applied for an extension of time to make the annual payments and complete certain reports that are due under the terms of the Sangihe CoW agreement. Due to missing these payments, the Company is uncertain of the legal status of the Sangihe CoW under the laws and regulations of Indonesia, and is not able to provide any confirmation the status of the Sangihe CoW. Miwah Project: The Miwah Project is located in the Province of Aceh. The Company holds an 85% indirect equity interest in the Miwah project. The Miwah project lies within three contiguous Izin Usaha Pertambangan (IUP), also referred to as mining business licenses, which the Company is party to through cooperation agreements with its partners. The IUPs were issued in November 2009 by the Regent of Pidie Regency of the Province of Aceh, Indonesia. The IUP itself does not grant its holder the complete set of permits or licences required to carry out mining activity. In order to conduct mining activity, the IUP holder is separately responsible for applying and receiving any other permits required, which may include, but are not limited to, forestry access permits and land owner consents.