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East Africa Metals provided details of Q2 production from Magambazi mine, Tanzania
East Africa Metals provided details of Q2 production from Magambazi mine, Tanzania ...
About this update from East Africa Metals, Inc.
[{"type":"text","content":"\n \n \n \n East Africa Metals provided details of Q2 production from Magambazi mine, Tanzania\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen6{\nBORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.50em\n}\n.prngen5{\nBORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prnsbls{\nBORDER-LEFT:black 1pt solid\n}\n.prnmr10{\nMARGIN-RIGHT:0.83em\n}\n.prnsbbs{\nBORDER-BOTTOM:black 1pt solid\n}\n.prnml60{\nMARGIN-LEFT:5.00em; MARGIN-TOP:0em; MARGIN-BOTTOM:0em\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnrbrs{\nBORDER-RIGHT:black 1pt solid\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbt1{\nBORDER-TOP:1pt\n}\n.prnsbts{\nBORDER-TOP:black 1pt solid\n}\n.prnbcc{\nBORDER-TOP-COLOR:; BORDER-COLLAPSE: COLLAPSE; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; BORDER-RIGHT-COLOR:\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnml4{\nMARGIN-LEFT:0.33em; MARGIN-TOP:0em; MARGIN-BOTTOM:0em\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Sept. 13, 2021\n \n /CNW/ -\n \n East Africa Metals Inc.\n \n (TSXV: EAM) (\"East Africa\" or the \"Company\") is pleased to announce that it has received the first reconciliation calculation from the \"Magambazi Transaction\" in accordance with the terms of the Company's agreement with PMM Mining Company Limited (\"PMM\").\n \n \n EAM's share from production of the tailings (see news release dated\n \n April 9, 2021\n \n ) is 160 ounces for projected net revenues of approximately\n \n US$275,000\n \n .\n \n \n \n \n The Magambazi Transaction:\n \n \n \n The transaction includes:\n \n \n \n During the lifetime of the mine respecting the Mining Assets, PMM will sell 30% of the Gold produced to EAM's subsidiary at the price of p...