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East Africa provides update on Ethiopian Development
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VANCOUVER, BC, Jan. 13, 2021 /CNW/ - East Africa Metals Inc. (TSXV: EAM) (FSE: EA1) ( East Africa or the Company ) 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 Ministry ). The Terakimti Oxide deposit Mining License has been issued (news release dated December 7, 2017) and the Mining Agreements for the Mato Bula and Da Tambuk deposits have been approved and licenses issued (See Press Release dated May 21, 2019). For the additional prospective targets of interest that are located on ground outside of the existing mining licenses, the Company has received Extension/Inclusion Agreements from the Ministry to allow additional time to qualify targets, as they may complement existing License resources.