Nov 10 2014
East Africa Metals Inc. ("East Africa" or the "Company") is pleased to provide an update of operations and work programs for the Company's projects in Ethiopia and Tanzania.
ETHIOPIA:
East Africa is continuing active on-ground exploration in the Tigray province of Ethiopia, further building upon discoveries made to date.
Adyabo Project
An initial 4,700 metres of diamond drilling is planned at Mato Bula and Da Tambuk to further expand high grade gold targets, and preliminary petrographic and metallurgical testing has been initiated for key Mato Bula and Da Tambuk gold mineralized zones.
Recent mapping at Mato Bula has identified additional new artisanal workings 650 metres south of the known Main Mato Bula artisanal workings and additional ground sampling has been completed.
Diamond drill testing has been completed on high priority Cu-Au targets Hanbassa and Mato Bula North, with analyses expected in towards the end of Q4 2014.
Harvest Project
At the Terakimti VHMS deposit, detailed oxide resource RC drilling is scheduled to start late Q4 2014, and includes over 4,000 metres of infill drilling. Additionally, diamond drilling will further define VMS mineralization at the VTEM09 prospect, where initial drill testing intersected precious metal enriched VMS mineralization similar to that at Terakimti.
In addition to the ongoing exploration work at Harvest and Adyabo projects, East Africa is actively pursuing additional ground acquisitions to further solidify the company's position as a premier explorer in Northern Ethiopia. Ground applications for new exploration license areas have been submitted to the Ministry of Mines and the Company awaits a response from the Ministry after completion of the review and approval process.
TANZANIA
East Africa's Magambazi Project is now fully permitted for project development and commercial mining operations. East Africa has completed the expansion of the Mining Licence footprint at the Magambazi project, with the addition of an adjoining 9.56 square kilometre licence (ML525/2014).
The Company continues to believe that there is an opportunity to improve the grade of the Magambazi mineral resource and is considering alternative approaches to conceptual mining operations that would reflect current commodity prices, enhance the potential project economics, and create value for our shareholders through the development of what the Company feels is a valuable asset.
Qualified Person
Technical information included in this news release was reviewed and approved by Jeff Heidema, P.Geo., the Company's Vice President Exploration. Mr. Heidema is a Qualified Person as defined by NI 43-101.
About East Africa Metals
The Company's principal assets and interests include both the 70%-owned Harvest polymetallic VMS exploration Project, which covers approximately 116 square kilometres in the Tigray region of Ethiopia, 600 kilometres north‐northwest of the capital city of Addis Ababa, and the Adyabo Project, covering 312 square kilometres immediately west of the Harvest Project. The Company has entered into an agreement to acquire up to 80% of the Adyabo Project. Additionally, the Company owns the 93 square kilometre Handeni Property located in north-eastern Tanzania. Handeni includes the Magambazi Project, a gold deposit discovered in 2009.
More information on the Company can be viewed at the Company's website: www.eastafricametals.com.
On behalf of the Board of Directors:
Andrew Lee Smith, P.Geo., CEO