East Africa Metals Inc. would like to provide an update on the ongoing exploration/development of its gold and gold/copper/zinc projects in the Ethiopia. EAM has completed planning and received government approval for C$2.7M, Phase 1 exploration program that will include 8,000m of diamond drilling, 115 line kilometers of geophysical surveys [...]
East Africa Metals Inc. is pleased to announce that further to its press release dated October 22, 2020, it has received the following update from its Tanzanian partner, PMM Mining Company. PMM Mining has informed EAM it has engaged development of a plan to re-process existing tailings from artisanal mining activities that took place between 2007 [...]
East Africa Metals Inc. is pleased to provide an update on the status of development programs on the Company's Ethiopia projects. EAM currently has three approved Mining Agreements with Ethiopia's Ministry of Mines and Petroleum . The Terakimti Oxide deposit Mining License has been issued and the Mining Agreements for the Mato Bula and Da Tambuk [...]
East Africa Metals Inc. announces voting results from its Annual Meeting of Shareholders held today in Vancouver. A total of 31,897,876 million common shares, representing approximately 17.28% of the Company's issued and outstanding common shares were voted in connection with the meeting. East Africa shareholders voted overwhelmingly in favor of [...]
East Africa Metals Inc. is pleased to announce that, further to it's press release dated October 22, 2020, it has received formal consent from the government of Tanzania, approving the Magambazi gold stream transaction with Tanzanian partner PMM Mining Company Limited . The wire transfer of USD2.0M property payment has been made. The Magambazi [...]
East Africa Metals Inc. is pleased to announce Company management is advancing discussions with potential mining partners for the development and operation of the Harvest Copper-Gold VMS Project in Ethiopia. The Company currently owns 70% of Harvest Mining PLC through its wholly-owned subsidiary, Tigray Ethiopia Holdings Inc.. Harvest holds the [...]
East Africa Metals Inc. is pleased to announce that subject to the approval of the Fair Competition Commission of Tanzania, the Company is expected to sign a binding Share Purchase Agreement and Gold Purchase Agreement with an arm's length Tanzanian private company, PMM Mining Company Limited , to develop the Magambazi Mine in Tanzania. Highlights [...]
East Africa Metals Inc. announces that SinoTech Corporation Limited, an insider of the Company, has agreed to provide an unsecured loan to the Company in the amount of CAD$250,000 at an interest rate of 12% per annum. The loan is repayable upon the earlier of 15 business days after the Company's closing of any financing or transaction in connection [...]
East Africa Metals Inc. announces that due to circumstances created by the COVID 19 pandemic, it will not be filing its annual financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the financial year ended December 31, 2019 by the scheduled due date of April 29, 2020, as required by [...]
East Africa Metals Inc. is pleased to announce that it has reached agreement with Hong Kong-based Sino Union Energy Group Limited on a binding letter of intent to acquire a majority ownership stake in the Harvest Project currently held by EAM's wholly owned subsidiary, Tigray Ethiopia Holdings Inc. . TEHI holds a 70% interest in Harvest Mining PLC [...]
East Africa Metals Inc. would like to provide an update on the ongoing exploration/development of its gold and gold/copper/zinc projects in the Federal Democratic Republic of Ethiopia . The Company previously signed a diamond drilling contract for up to 10,000 metres. The Phase 1 drilling program has been initiated and equipment has begun being [...]
East Africa Metals Inc. is pleased to announce that it has received a project update from Tibet Huayu Mining Co. Limited regarding plans and current activities for the development and construction of the Mato Bula and Da Tambuk mines located on the Adyabo property. Following the signing of the Share Purchase Agreement, which formally completed the [...]
