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East Asia Minerals: Core Mining terminates deal to acquire Sangihe Gold stake

East Asia Minerals Corp. on Dec. 22 said Core Mining Pte. Ltd. terminated an agreement to acquire East Asia's entire shareholding in Sangihe Gold Corp.

Sangihe Gold holds a 70% interest in PT Tambang Mas Sangihe, the company holding East Asia's interest in the Sangihe gold project in Indonesia.

The companies signed the conditional sale and purchase agreement June 16.