VANCOUVER, BC--(Marketwired - June 22, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to report the initial results of ongoing independent metallurgical testwork for the Terakimti Gold Project in Ethiopia. The initial results are positive and support Management's view that industry standard heap leaching technology will be appropriate for the extraction of gold and silver at [...]
VANCOUVER, BC--(Marketwired - June 14, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to announce an updated independent mineral resource estimate for the Adyabo Project in Ethiopia. The recent 40 x 40 metre spaced infill drill program strategically targeted on the core areas of Inferred Resource gold mineralization at Da Tambuk and Mato Bula (Figure 1). A total of 4,029 [...]
East Africa Metals announces it is undertaking a non-brokered private placement financing of up to 10,000,000 units at a price of $0.10 per Unit, for gross proceeds of up to $1,000,000. Each Unit consists of one common share of the Company and one-half of one non-transferable common share purchase warrant. Each whole Warrant will entitle the holder thereof to purchase one common share at an exercise price of $0.25 for a [...]
VANCOUVER, BC--(Marketwired - April 19, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") wishes to announce additions to the Company's Project Development Committee as the Company prepares to engage the detailed engineering studies and development plans for its Terakimti Gold Oxide Project in the Tigray Region of Ethiopia. East Africa is pleased to announce the following additions to [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 24, 2016) - East Africa Metals Inc. (TSX VENTURE:EAM) (the "Company") has granted an aggregate of 1 million stock options to a director pursuant to the Company's Stock Option Plan. The options have an exercise price of $0.10 per share and an expiry date of March 23, 2021. The Company's Board of Directors has also approved of the grant of up to 2,750,000 bonus common shares [...]
VANCOUVER, BC--(Marketwired - March 22, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to announce the final diamond drill results from the recently completed 40 x 40 metre spaced infill program, targeted on the core areas of gold resource mineralization at the company's Adyabo Project in Ethiopia. Results for 15 drill holes, totaling 1,763.28 metres, are included below, and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 15, 2016) - East Africa Metals Inc. (TSX VENTURE:EAM) ("East Africa" or the "Company") is pleased to announce the appointment of Sean I. Waller, P.Eng, to the Company's Board of Directors and Chairman of the Board's Project Development Committee. Mr. Waller is a mineral processing engineer, registered as a Professional Engineer in British Columbia. Mr. Waller has over 30 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 7, 2016) - East Africa Metals Inc. (TSX VENTURE:EAM) ("East Africa" or the "Company") wishes to announce that, further to the news release dated October 27, 2015 and December 10, 2015, the Company has completed the execution of the Definitive Agreement with an arm's length private exploration and development company (the "Developer") to develop East Africa's Magambazi [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 1, 2016) - East Africa Metals Inc. (TSX VENTURE:EAM) ("East Africa" or the "Company") is pleased to announce that the Company has received confirmation from the holder of a 20% participating interest on the Adyabo property that it wishes to convert its 20% interest to a 2% net smelter return ("NSR") royalty. The Company has the option to buy back 1.0% of the NSR for a cash [...]
East Africa Metals has granted an aggregate of 11 million stock options to certain directors, officers, employees and consultants pursuant to the Company's Stock Option Plan. The options have an exercise price of $0.10 per share and an expiry date of January 15, 2021. About East Africa Metals The Company's principal assets and interests include both the 70%-owned Harvest polymetallic VMS exploration Project, which covers [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 11, 2016) - East Africa Metals Inc. (TSX VENTURE:EAM) ("East Africa" or the "Company") is pleased to provide an update on the 40 x 40 metre spaced infill diamond drilling program at the Mato Bula Silica Hill Deposit, being conducted to upgrade and further define the present resource (refer to East Africa's news release dated May 5, 2015). Results for 16 drill holes, totaling [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 5, 2016) - East Africa Metals Inc. (TSX VENTURE:EAM) (the "Company") would like to retract its news release dated December 30, 2015, announcing the grant of 11 million stock options to certain directors, officers, employees and consultants, and such options will not be issued. On behalf of the Board of Directors: Andrew Lee Smith, P.Geo., CEO Neither TSX Venture Exchange nor [...]
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