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East Africa Metals announces approval of Environmental and Social Impact Assessments for the Mato Bula Gold Copper and Da Tambuk Gold Projects
VANCOUVER, British Columbia, Aug. 16, 2018 (GLOBE NEWSWIRE) -- East Africa Metals Inc. (TSX Venture: EAM) (“East Africa” or the “Company”) is pleased to announc
About this update from East Africa Metals, Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 16, 2018 (GLOBE NEWSWIRE) -- East Africa Metals Inc. (TSX Venture: EAM) (“East Africa” or the “Company”) is pleased to announce it has received approval from the Ethiopian Ministry of Mines, Petroleum and Natural Gas (“MoMPNG”) for the Environmental and Social Impact Assessments (“ESIA”) for the Mato Bula Gold Copper and Da Tambuk Gold Projects. EAM’s President and CEO Andrew Lee Smith said: “The approval of the two project ESIA reports is a major step in the mine permitting process. The comprehensive ESIAs demonstrate that both the Mato Bula and Da Tambuk projects can be developed in accordance with the environmental and social responsibility requirements of Ethiopia. Furthermore, the ESIAs confirmed support from government and local communities for both projects. We appreciate the diligence of the MoMPNG’s Environment and Climate Change Directorate in completing this important process.” The Company submitted mining licence applications for the Mato Bula and Da Tambuk projects in December 2017, and in April 2018 provided formal responses to the MoMPNG’s comments on the applications. The next step in the mining licence application process is for the MoMPNG to prepare draft model mining licence agreements for the Company’s review. The Company has previously received a mining licence agreement for the Terakimti Gold Heap Leach project, and upon receipt of the two additional mining licence agreements, the Company will have approval for development of three mining projects in Ethiopia. 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 DevelopmentTelephone +1 (604) 488-0822Email [email protected] Website www.eastafricametals.com Cautionary Statement Regarding Forward-Looking Information This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by th...