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Transaction Announcement Reports
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Project: | Adyabo | |
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Deposit: | Da Tambuk, Mato Bula | |
Location: | Ethiopia | |
Commodities: | Gold-Copper-Silver-Zinc | |
Date: | 4/24/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 24-4-2017: East Africa Metals Inc. announces an Exploration/Drilling Update report for its Da Tambuk, Mato Bula deposit at the Adyabo project. Drilling results incl. 20m @ 4.7g/t Au, 0.2% Cu, 4.7 g/t Ag, 0.26% Zn from 105m. Vancouver, British Columbia – A | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Jeff Heidema (Internal) | |
ABSTRACT: | Vancouver, British Columbia – April 24, 2017 – East Africa Metals Inc. (TSX-V: EAM) (“East Africa” or the “Company”) is pleased to announce newly received results from on-going diamond drilling at the Adyabo Project in Ethiopia. Four holes have been completed at Da Tambuk, as part of a detailed infill program in the central area of the resource, and results for a total of eleven holes have been received from the Mato Bula south 40m x40m infill drill program. Work continues on upgrading the existing mineral resource at the Mato Bula deposit and infill drilling is ongoing. The current diamond drilling is concentrated on defining the Upper and Main Lodes of the southern section of the deposit. The lodes comprise two near-vertically dipping mineralized horizons situated roughly 30 metres apart within the presently defined deposit resource. At the southernmost extent of the resource, the Upper Lode metal contents host demonstrably more significant concentrations of copper, silver, and zinc within a wider sulphidic mineralized zone, and locally exhibit exhalative textures. The most recent drilling has extended this new mineralized zone, both lateral to the south and to depth, and the zone remains open in both directions (see Upper Lode-VMS extension zone). It is anticipated that the currently planned IP survey will assist in defining the spatial nature and extent of this newly identified zone of mineralization at depth. | |
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