Approval Of The Initiation Of Mining Development Programs At Mato Bula And Da Tambuk Mines

VANCOUVER -  East Africa Metals Inc. has received confirmation from the Company's development partner, Tibet Huayu Mining Co., Ltd. that the Board of Directors has approved the initiation of mine development activity at the Mato Bula and Da Tambuk mines through their subsidiary Silk Road Investments Co. Limited. Tibet Huayu has based their decision to engage the development agenda based on information collected during recent site visits and meetings with regional and federal government representatives in Ethiopia. Silk Road is currently staffing key management positions, reviewing detailed design parameters and has established a base of operations and staff in the nearby town of Shire. The Shire staff are currently working with local authorities and regional governments to prepare the sites for construction activity.

The Adyabo Project Mato Bula and Da Tambuk deposits are high sulphidation gold rich VMS type deposits. This submarine porphyry-related system is located in the southern part of the Arabian-Nubian Shield (ANS) in the Tigray region of northern Ethiopia. Mining licences have previously been received for both deposits at Adyabo, the Mato Bula Gold Copper Silver Project and the Da Tambuk Gold Project.