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East Africa Metals Inc. is a mineral exploration firm dedicated to the full lifecycle of mineral resource properties, encompassing their identification, acquisition, exploration, development, and ultimate sale. The company concentrates its activities in Ethiopia and Tanzania, primarily seeking deposits of gold, copper, silver, and zinc. Key assets include a 70% share in the Harvest property and complete ownership of the Adyabo project, which consists of two exploration licenses covering 195 square kilometers within northern Ethiopia's Arabian Nubian Shield. In northeastern Tanzania, the…
Positioning Ubora as Development Partner and Advancing Formal Mining Plan to Enable License Renewal and Initiate Mine Development Vancouver, British Columbia--(Newsfile Corp. - August 29, 2025) - East Africa Metals Inc. (TSXV: EAM) (FSE: EA1) (OTC Pink: EFRMF) ("East Africa" or the "Company") is pleased to provide an update on the status of its Handeni Properties in Tanzania, including the Magambazi gold deposit. Government Engagement and Third-Party Developer Since the suspension of operations at the Magambazi project in December 2022 due to non-compliance by the prior operator PMM Mining Company Limited ("PMM"), East Africa has maintained continuous engagement with the Tanzanian Ministry of Minerals to secure a sustainable path forward for the development of the Magambazi Project.
Vancouver, British Columbia--(Newsfile Corp. - August 15, 2025) - East Africa Metals Inc. (TSXV: EAM) ("EAM" or the "Company"), is pleased to announce that the Company has entered into a binding Memorandum of Understanding ("MOU") with Ubora Minerals Company Limited ("Ubora") to acquire and develop the Company's Magambazi and Handeni mining project in Tanzania. Ubora is a subsidiary company of Anchises Capital Precious Metal Fund LLC ("Anchises"), which holds 50,200,000 common shares of the Company, representing approximately 18.66% of the Company's issued and outstanding shares.
Extends Marketing Agreement with BullVestor Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - East Africa Metals Inc. (TSXV: EAM) ("EAM" or the "Company") is pleased to provide an update on its Ethiopian gold projects, recent regulatory and geopolitical developments in the Tigray region, and progress made by its partner in advancing key assets toward production. Highlights: Four-year extensions granted for EAM's Adyabo and Harvest mining licenses, through 2028.
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2025) - East Africa Metals Inc. (TSXV: EAM) ("East Africa Metals" or the "Company") is pleased to announce the appointment of Mr. Gang Chen (aka Asa Chen) as a Director of the Company.
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2025) - East Africa Metals Inc. (TSXV: EAM) ("East Africa Metals" or the "Company") is pleased to announce a non-brokered private placement to raise gross proceeds of CAD$5,522,000 through the sale of 50,200,000 common shares at the price of CAD$0.11 per share. The private placement involves an investment by a strategic investor, reflecting confidence in the Company's African assets and growth prospects.