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East Africa Metals Inc.
Summary
| Project: | Adyabo | |
|---|---|---|
| Deposit: | Mato Bula, Da Tambuk | |
| Location: | Ethiopia | |
| Commodities: | Gold-Copper-Silver-Zinc | |
| Date: | 8/16/2018 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-8-2018: East Africa Metals Inc. announces an EIA/ESIA report for its Mato Bula, Da Tambuk deposit at the Adyabo project. ESIA approved for Mato Bula and Da Tambuk projects. VANCOUVER, British Columbia, Aug. 16, 2018 -- East Africa Metals Inc. (TSX Vent | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | VANCOUVER, British Columbia, Aug. 16, 2018 -- East Africa Metals Inc. (TSX Venture: EAM) (“East Africa” or the “Company”) is pleased to announce it has received approval from the Ethiopian Ministry of Mines, Petroleum and Natural Gas (“MoMPNG”) for the Environmental and Social Impact Assessments (“ESIA”) for the Mato Bula Gold Copper and Da Tambuk Gold Projects. EAM’s President and CEO Andrew Lee Smith said: “The approval of the two project ESIA reports is a major step in the mine permitting process. The comprehensive ESIAs demonstrate that both the Mato Bula and Da Tambuk projects can be developed in accordance with the environmental and social responsibility requirements of Ethiopia. Furthermore, the ESIAs confirmed support from government and local communities for both projects. We appreciate the diligence of the MoMPNG’s Environment and Climate Change Directorate in completing this important process.” The Company submitted mining licence applications for the Mato Bula and Da Tambuk projects in December 2017, and in April 2018 provided formal responses to the MoMPNG’s comments on the applications. The next step in the mining licence application process is for the MoMPNG to prepare draft model mining licence agreements for the Company’s review. The Company has previously received a mining licence agreement for the Terakimti Gold Heap Leach project, and upon receipt of the two additional mining licence agreements, the Company will have approval for development of three mining projects in Ethiopia. | |
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