East Africa Metals Inc.

East Africa Metals Inc. announces voting results from its Annual Meeting of Shareholders held today in Vancouver, BC. As of cut off, December 15, 2022, a total of 52,041,422 million common shares, representing approximately 25.48% of the Company's issued and outstanding common shares were voted in connection with the meeting. East Africa's shareholders voted overwhelmingly in favor of all items of business, including the [...]

East Africa Metals Inc. is pleased to provide an update on the progress of the Magambazi Mine development. EAM, having recently toured the site and met with Canaco Tanzania Limited's management along with management from EMG Pamoja Royalties Tanzania, Ltd., "EMG", EAM's gold trading subsidiary. Management believes that the Magambazi Mine development is ahead of schedule and commissioning of hard-rock mining operations [...]

East Africa Metals Inc. is pleased to provide an update on the progress of the engineering and mine development work at the Magambazi mine in the Handeni region of the Federal Republic of Tanzania. With the successful completion of the tailings processing in the third quarter of 2021, the technical team for PMM Mining Company Limited are focused on the development of hard-rock mining operations. Phase I of the mining [...]

East Africa Metals Inc. announces voting results from its Annual Meeting of Shareholders held today in Vancouver, BC. A total of 43,893,735 million common shares, representing approximately 21.49% of the Company's issued and outstanding common shares were voted in connection with the meeting. East Africa shareholders voted overwhelmingly in favor of all items of business, including the election of each director nominee as [...]

East Africa Metals Inc. would like to provide an update on the ongoing exploration of its gold and gold/copper/zinc projects in the Federal Democratic Republic of Ethiopia . Mining Licences 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 Mining Agreements for the Mato Bula and Da Tambuk deposits have been [...]

East Africa Metals Inc. is pleased to provide the updated Magambazi mineral resource estimate. As previously announced , PMM Mining Company Limited has commenced engineering work to develop detailed plans for mining operations and surface equipment installations. Once complete, the first-year production is targeted to be 10,000 ounces of gold, scaling up to 40,000-ounces annually over a period of 48 months. Updating of [...]

East Africa Metals Inc. is pleased to provide an update on the progress of the engineering work and the development plan for the hard-rock mining operation on the 1M ounce Magambazi gold deposit in Tanzania, which will ramp up as the tailings processing operations wind down. With the successful commissioning of the tailings processing, project owner/operator PMM Mining Company Limited has turned its attention to the [...]

East Africa Metals Inc. is pleased to announce that it has received the first reconciliation calculation from the "Magambazi Transaction" in accordance with the terms of the Company's agreement with PMM Mining Company. EAM's share from production of the tailings is 160 ounces for projected net revenues of approximately US$275,000. The Magambazi Transaction: The transaction includes: During the lifetime of the mine [...]

East Africa Metals Inc. is pleased to announce that it has received, in full, the US $2,000,000 payment from PMM Mining Company Limited in accordance with the terms of the sale of Canaco Tanzania Limited , East Africa's wholly owned subsidiary and is preparing to transfer the Magambazi mining licence into PMM's control. The Magambazi Transaction: The transaction includes: During the lifetime of the mine respecting the [...]

East Africa Metals Inc. - "East Africa" or the "Company") is pleased to announce that it has reached agreement with Zijin Mining Group Company Ltd. on a 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 with Ezana Mining Development PLC owning 30%. Harvest Mining PLC [...]