Initial Mato Bula Trend Mineral Resource Estimate At Adyabo

VANCOUVER, BC - East Africa Metals Inc. reported its initial National Instrument 43-101 Standards of Disclosure for Mineral Projects gold, copper, and silver independent mineral resource estimate for the Mato Bula and Da Tambuk deposits on the Company's Adyabo project located in the Arabian Nubian Shield in northern Ethiopia. This mineral resource estimate comprises mineralization from the Mato Bula trend, a greater than 8 kilometer long zone of alteration identified on the project. The Resource includes mineralization from the Mato Bula, Mato Bula North, and Da Tambuk mineralized zones and hosts 885,000 gold equivalent ounces.

Inferred Mineral Resources of 9,315,000 tonnes containing 678,000 ounces gold at an average grade of 2.26 g/t gold, 82,100,000 lbs copper at an average grade of 0.40% copper, and 648,000 ounces silver at an average grade of 2.2 g/t silver. The Resource hosts 885,000 gold equivalent ounces. Highlights: The Mineral Resource is defined to a depth of 500, 330, and 180 meters for Mato Bula, Da Tambuk, and Mato Bula North respectively, with potential for lateral and depth extension within this large altered system; Copper concentrate grades ranged from 23% to 27% Cu, 170 to 850 g/t Au, and 27 to 240g/t Ag. Total gold recoveries, inclusive of copper floatation and cyanidation tests, ranged from 77% to 97%; Whole mineralization cyanidation of Da Tambuk and intensive leaching of a Da Tambuk pyrite scavenger concentrate both returned gold recoveries of 97% suggesting that the gold within this composite is not refractory and the flotation-only recovery of 57% could be improved by cyanidation of flotation products; Additional metallurgical optimization is possible through regrind work, collector dosage variation, and combination testwork; Synergies available as Resources are spatially aligned on a corridor of infrastructure (including the national power grid transmission corridor and paved highway) with the company's adjacent Terakimti deposit at the Harvest project, with direct connection to a planned rail network link at Shire; Sensitivity analysis indicates that the mineralized zones contain the majority of gold mineralization in significantly higher grade core areas; Da Tambuk whole mineralization leach test and pyrite scavenger concentrate test both returned gold recoveries of 97%.

The Resource incorporates data from 10,266 meters of drilling in 47 drill holes, and 1520 meters of trenching from 22 trenches. It further builds upon the metal asset base East Africa is defining and accumulating on the Adyabo and Harvest projects in Ethiopia, as a compliment to the Terakimti resource announced on. At Terakimti, 20 by 20 meter grid drillout work is on-going to increase definition of the high-grade oxide resource. The current Resources at Adyabo and Harvest straddle an infrastructure corridor, with projects being located within 11 and 7 kilometers respectively of a paved highway and a high-tension power corridor.