East Africa Metals Announces a Resource Update for the Adyabo Project, Ethiopia
VANCOUVER, BC--(June 14, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to announce an updated independent mineral resource estimate for the Adyabo Project in Ethiopia. The recent 40 x 40 metre spaced infill drill program strategically targeted on the core areas of Inferred Resource gold mineralization at Da Tambuk and Mato Bula (Figure 1). A total of 4,029 metres of diamond drilling in 31 holes was completed during the infill campaign.
Key highlights of the updated Resource include;
The conversion of 446,000 gold equivalent ounces to the Indicated Resource classification.
The gold grade for the Indicated portion of the resource has increased to 3.92 grams per tonne gold, compared with the initial overall Inferred Resource grade of 2.26 grams per tonne gold, an increase of 73%.
- Published: 14 June 2016
- Written by Editor