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East Africa Metals Inc. (TSXV: EAM) is a mining company focused on the development of the Mato Bula and Da Tambuk mines in Ethiopia. The company, in partnership with Tibet Huayu Mining Co., Ltd., is actively engaged in mine construction and development, with plans for a drill program at the Halima Hill prospect. East Africa Metals holds a 30% Net Profits Interest in the Mato Bula and Da Tambuk mines, along with other assets in Ethiopia and Tanzania.
East Africa Metals Inc. (TSXV: EAM) announces the initiation of mine development programs at the Mato Bula and Da Tambuk mines in Ethiopia in partnership with Tibet Huayu Mining Co., EAM will have a Net Profits Interest of 30% once commercial production begins. Operations were suspended due to regional conflict but have resumed, with detailed design parameters completed and road construction set to start soon. The community and government support the project, with a drill program planned for the Halima Hill prospect.
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