East Africa Metals completes Mato Bula infill diamond drill program, most recent intersections include 12.60 metres grading 12.59 grams per tonne gold, 0.66% copper, and 1.5 grams per tonne silver.
Suite 700 – 1055 W. Georgia Street
PO Box 11108, Vancouver, BC, Canada V6E 3P3
Tel: 604.488.0822
Toll Free: 866.488.0822
Fax: 604.899.1240
Web: www.eastafricametals.com
NEWS RELEASE
East Africa Metals completes Mato Bula infill diamond drill program, most recent intersections
include 12.60 metres grading 12.59 grams per tonne gold, 0.66% copper, and 1.5 grams per
tonne silver.
Vancouver, British Columbia – May 29, 2017 – East Africa Metals Inc. (TSX-V: EAM) (“East Africa” or the
“Company”) is pleased to announce newly received results from recently completed infill diamond drilling
at the Adyabo Project, Mato Bula deposit in Ethiopia.
Highlight intersections include:
• At Mato Bula – 12.60 metres grading 12.59 grams per tonne gold, 0.66% copper, and 1.5 grams
per tonne silver, from 77.40 metres drill depth (WMD085), and;
• At Mato Bula – 7.60 metres grading 14.59 grams per tonne gold, 0.62% copper, and 1.5 grams per
tonne silver, from 150.40 metres drill depth (WMD086).
Adyabo Project Mato Bula work program
The Mato Bula infill diamond drill program was c oncluded on May 15, 2017. A total of 7,025 metres in 49
holes were completed. Geophysical I.P. survey work continues on site, and is expected to be completed in
early June 2017. The most recent drill results received are outlined below.
Mato Bula infill diamond drill intercepts
Hole ID From
(m) To (m) Interval
(m) 1
Gold
g/t2,3
Copper
%
Silver
g/t
Zinc
%
Local
Azimuth Dip Prospect
WMD076
16.24 19.00 2.76 5.13 0.04 1.7 0.01
270 -45 Mato Bula
40.01 46.00 5.99 2.29 0.26 8.0 0.30
WMD077
30.00 36.00 6.00 1.36 0.55 1.2 0.02
270 -69 Mato Bula
63.80 67.00 3.20 0.92 0.21 4.1 1.11
71.80 93.00 21.2^^ 0.28 0.23 4.7 1.02
including 88.00 93.00 5.00 0.47 0.32 6.3 0.57
WMD078
40.23 41.00 0.77 1.90 0.14 0.0 0.01
270 -49 Mato Bula
143.26 147.00 3.74 4.22 1.13 1.2 0.00
151.30 154.90 3.60 0.51 1.70 2.6 0.00
228.00 232.73 4.73^^ 0.25 0.28 6.8 1.57
WMD079
34.30 40.64 6.34 0.54 0.01 1.7 0.00
270 -45 Mato Bula
50.00 53.80 3.80 4.84 0.52 5.9 0.06
WMD080
105.00 110.00 5.00 0.61 0.90 1.8 0.00
270 -63 Mato Bula
129.00 135.00 6.00 5.39 0.06 1.1 0.00
Hole ID From
(m) To (m) Interval
(m) 1
Gold
g/t2,3
Copper
%
Silver
g/t
Zinc
%
Local
Azimuth Dip Prospect
including 133.00 135.00 2.00 14.95 0.06 2.0 0.00
WMD081 22.86 25.91 3.05 2.24 0.00 0.2 0.00 270 -47 Mato Bula
WMD082
47.00 50.00 3.00 0.81 0.93 0.6 0.00
270 -47 Mato Bula
81.00 81.58 0.58 2.17 0.37 0.0 0.00
WMD083
214.91 218.30 3.39^^ 0.68 0.18 11.8 2.41
270 -62 Mato Bula
216.30 220.30 4.00 0.76 0.25 11.2 0.34
WMD084
96.07 97.30 1.23 1.89 0.86 1.1 0.00
270 -49 Mato Bula125.00 127.00 2.00 4.25 0.21 0.0 0.00
135.48 135.93 0.45 12.30 0.95 19.3 0.05
WMD085
77.40 90.00 12.60 12.59 0.66 1.5 0.03
270 -56 Mato Bula
146.22 153.53 7.31 0.80 0.45 3.3 0.08
WMD086
150.40 158.00 7.60 14.59 0.62 1.5 0.03
270 -58 Mato Bula
including 153.00 155.65 2.65 37.12 1.44 3.6 0.03
WMD087 101.53 108.40 6.87 3.74 0.29 0.7 0.02 270 -48 Mato Bula
WMD088
108.70 123.00 14.30 2.39 0.26 0.6 0.01
270 -51 Mato Bulaincluding 108.70 115.00 6.30 4.59 0.44 1.2 0.02
131.00 135.00 4.00 2.64 1.14 2.8 0.01
1 True thicknesses are interpreted as 60-90% of stated intervals.
2 No topcut has been used on analyses
3 Intervals use a 0.3 gram per tonne gold cutoff value
^^ Zinc interval, not subject to gold cutoff criteria
Harvest Project Update
Diamond drilling results were also received for the Lihamat drill program, as described below.
Hole ID From (m) To (m) Interval
(m) 1
Gold
g/t2,3
Local
Azimuth Dip Prospect
LD001 49.00 51.00 2.00 9.840 90 -59 Lihamat
LD002
35.00 36.00 1.00 4.300
90 -54 Lihamat
61.00 62.00 1.00 4.370
LD003 No Significant Results 90 -56 Lihamat
LD004 15.50 17.00 1.50 3.300 90 -61 Lihamat
1 True thicknesses are interpreted as 60-90% of stated intervals.
2 No topcut has been used on analyses
3 Intervals use a 0.3 gram per tonne gold cutoff value
Diagrams illustrating recent drilling results are attached and available on the website.
Quality Control
The planning, execution, and monitoring of East Africa ’s drilling and quality control programs at the
Harvest and Adyabo Projects has been conducted under the supervision of Jeff Heidema, P.Geo., East
Africa’s Vice President Exploration. Mr. Heidema is a “Qualified Person” as defined by NI 43 -101, and has
reviewed and approved the geological information contained in this news release. Diamond drilling was
coordinated by East Africa’s contract geologists who also managed the preparation, logging, and sampling
of core and rock samples, in addition to carrying out bulk density measurements. During sampling, quality
control standards and blanks were introduced at pre -determined interval s to monitor laboratory
performance. A system of field, reject, and pulp sample duplicates was also incorporated, as were specific
programs of re -assaying and umpire lab assaying to both monitor laboratory performance and also
characterize potential mineralization; all consistent with industry best practice.
Drill core samples have undergone preliminary preparation at the Bureau Veritas Mineral Laboratories
facility in Ankara, Turkey, and are crushed to 80% passing 10 mesh, and pulverized to 85% passing 20 0
mesh (PRP70-1KG package). Analyses are conducted at both the Turkey facility and the Bureau Veritas
Mineral Laboratories in Vancouver, Canada, with diamond drill core analyses utilizing Aqua Regia
digestion and ICP -ES for base metal and silver analyses ( AQ370 package), and Infill sample program
utilizing Aqua Regia digestion and ICP -MS/ICP-ES (AQ270 package) for base metal and silver analyses.
Gold analyses are conducted at the Turkey Bureau Veritas Mineral Laboratories facility via Fire Assay
Fusion with AA finish, and gravimetric analyses are completed for over -limit samples (FA430, FA530 -Au
packages).
Information recorded from diamond drill core assaying was integrated using industry standard data
management software (Maxwell Datashed).
More information on the Company can be viewed at the Company’s website: www.eastafricametals.com
On behalf of the Board of Directors:
Andrew Lee Smith, P.Geo., CEO
For further information contact:
Nick Watters, Business Development
Telephone: +1 (604) 488-0822
Email: [email protected]
Website: www.eastafricametals.com
Cautionary Statement Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-
looking information can be identified by the use of forward-looking terminology such as "anticipate", "believe", "plan", "expect", "intend",
"estimate", "forecast", "project", "budget", "schedule", "may", "will", "could", "might", "should" or variations of such words or similar words or
expressions. Forward-looking information is based on reasonable assumptions that have been made bythe Company as at the date of such
information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information,
including but not limited to: early exploration; the closing of the agreement with the exploration and development company to advance the
Magambazi Project or identify any other corporate opportunities for the Company; mineral exploration and development; metal and mineral prices;
availability of capital; accuracy of the Company's projections and estimates, including the initial mineral resource for the Adyabo, Harvest and
Magambazi Projects; mining licence/permit applications, estimated exploration licenceextensions, interest and exchange rates; competition; stock
price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or
economic developments; foreign taxation risks; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in
connection with development activities; personnel relations; the speculative nature of strategic metal exploration and development including the
risks of diminishing quantities of grades of reserves; contests over title to properties and/or projects; and changes in project parameters as plans
continue to be refined, as well as those risk factors set out inthe Company’s management’s discussion and analysis for the year end December 31,
2016 and the Company’s listing application dated July 8, 2013. Forward-looking statements are based on assumptions management believes to be
reasonable, including but not limited to the price of gold, silver, copper and zinc;the demand for gold, silver, copper and zinc; the ability to carry on
exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and
services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective manner; and the regulatory framework
regarding environmental matters, the renewal or extension of exploration licences, and such other assumptions and factors asset out herein.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such
information. The Company does not update or revise forward looking information even if new information becomes available unless legislation
requires the Company do so. Accordingly, readers should not place undue reliance on forward-looking information contained herein, except in
accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.