East Africa Metals IncAktie WKN: A1T79H | Symbol: EA1 (Seite 246)

[Uranxx]

Antwort auf Beitrag Nr.: 56.386.135 von h.loens am 07.12.17 09:41:46

News ist raus.... Jetzt kommt es drauf an, ob der Markt endlich Vertrauen fasst, oder wieder Alltag einkehrt.
Ich hoffe auf nachhaltig steigende Kurse, daher bleibe ich investiert.
Entscheidend ist jetzt, was Kanada heute macht

[Goldbarren999]

East Africa Metals Receives Mine Permit for the Terakimti Oxide Gold Project, Ethiopia

2017-12-07 03:15 ET - News Release


VANCOUVER, British Columbia, Dec. 07, 2017 (GLOBE NEWSWIRE) -- East Africa Metals Inc. (TSX-V:EAM) (“East Africa” or the “Company”) is pleased to announce the Company has received government approval of East Africa’s Mining Licence Agreement for the Terakimti Oxide Gold Project (the “Terakimti Project”) at the Company’s 70% owned Harvest Project located in the Tigray National Regional State of the Federal Democratic Republic of Ethiopia (“Ethiopia”).

The Mining Licence Agreement has been formally approved by the Ministry of Mines, Petroleum, and Natural Gas (the “Ministry of Mines”), the Prime Minister and the Council of Ministers. The Company will now focus on finalizing its previously announced Project Financing (refer to the Company’s news release dated November 10, 2017) and proceed with engineering and development of the Terakimti Project.

Andrew Lee Smith, East Africa’s C.E.O. stated, “This is an extremely important achievement for East Africa, and we appreciate the efforts of the Government and Ministry of Mines in the development of the Mining Licence Agreement for Terakimti. We plan to move forward as soon as possible with engineering and development of the project”. The Terakimti Project will provide East Africa the opportunity to benefit from establishing the first commercial heap leach operation in the country, and provide the basis for additional exploration and development to grow the Company’s mineral resources in Ethiopia.

Terakimti Oxide Gold Project Profile:

Mineral Resource: Indicated Resource of 1,110,000 tonnes grading 3.20 grams gold and 23.6 grams silver per tonne containing 114,000 ounces of gold and 841,000 ounces of silver;
Heap Leach Recoveries from Column Testwork1: up to 74.8 % gold and 39.4% silver;
Proposed Mining Method: Conventional open pit;
Proposed Processing Technology: Heap leaching to produce gold–silver dore.
(1) see East Africa Metals News Release dated January 23, 2017 for summary of metallurgical test work results.

Proposed Mining Operation:
The Terakimti Project is proposed as an open pit mining operation followed by heap leaching and on site processing to produce gold-silver dore. The combination of near surface oxide gold and silver mineralization, hosted in soft rock when compared to other deposits, high and rapid extraction of gold at coarse crush sizes in metallurgical testwork, along with satisfactory percolation rates all support this strategy for the development of the Terakimti Project.

Project Infrastructure:
The Terakimti Project is located approximately 600 kilometres north of the Addis Ababa, the capital of Ethiopia. The region has daily, commercial air service from Addis Ababa. The existing transportation and power infrastructure is located close to the project site and enhances the development potential of the proposed operation. The proposed mining operation would utilize grid power for the project, for which the nearest high tension power line is approximately 7 kilometres away. Primary road access to the site is by paved highway from the town of Shire, 40 kilometres south of the project. Shire has a population of approximately 60,000 people and sufficient services to serve as a base for off-site project activities.

Environmental Impact and Socio-Economic Assessment:
An independent Environmental Impact and Socio-Economic Assessment (“EISA”) study has been completed by Beles Engineering Pvt. Ltd. Co. of Ethiopia, and forms an integral part of the Mining Licence Agreement. This EISA examined the beneficial and adverse aspects of the proposed mining operation and concluded that the local population is in favor of the project, and the anticipated benefits would be positive and very important to the local community and to the local and regional governments. The EISA further concluded that the adverse impacts identified can be mitigated through implementation of the proposed management and monitoring plans, and therefore recommended project implementation.

Mineral Resources:

Terakimti Updated Oxide Mineral Resources2


Mineralization
Class Mineralization
Type NSR
Cut-Off
($/t) Tonnes
('000s) Grade Contained Metals
Au
g/t Ag
g/t Cu
% Au
('000 oz) Ag
('000 oz) Cu
('000 lb)
Indicated Oxide 15.74 1,110 3.20 23.6 0.08 114 841 -
Inferred Oxide 15.74 15 1.94 13.5 0.04 1 7 -

2Terakimti Oxide Resource update disclosed October 27, 2015; effective date October 18, 2015. Full mineral resource estimate disclosure can be found in the company’s press release dated October 27, 2015, available at www.eastafricametals.com or at www.sedar.com. Subsequent to the release of the Oxide Resource update, a review by the resource QP identified an error in the tabulation of mineral resources. The error was not material and the corrected resource information was disclosed via East Africa Metals press release on January 11, 2016. Metal prices for gold and silver are $1,300/oz and $17.50/oz, respectively.

Terakimti Sulphide Mineral Resources

Additional gold copper resources underlie the Terakimti oxide resource and the Company plans to continue its assessment of these resources for future development.

Terakimti Mineral Resources3


Mineralization
Class Mineralization
Type NSR
Cut-Off
($/t) Tonnes
('000s) Grade Contained Metals
Au
g/t Ag
g/t Cu
% Zn
% CuEq
% Au
('000 oz) Ag
('000 oz) Cu
('000 lb) Zn
('000 lb) CuEq
(‘000 lb)
Indicated Sulphide 23.9 1,841 1.1 17.5 2.20 1.65 3.98 63 1,033 89,477 66,871 146,645
Inferred
Sulphide 23.9 2,583 1.0 20.6 1.09 1.42 2.60 80 1,712 62,187 77,101 134,337

Primary 63.9 939 0.8 15.2 0.69 2.92 2.66 25 459 14,198 60,358 49,862
Sub-Total
Inferred 3,522 0.9 19.2 0.98 1.82 2.61 105 2,171 76,385 137,459 184,199

3Terakimti Initial Resource Estimate as disclosed in the 43-101 Technical Report dated February 14, 2014; effective date January 17, 2014. Full mineral resource estimate disclosure can be found on the company’s website or at www.sedar.com. Metal prices for gold, silver, copper, and zinc are $1,400/oz, $25.00/oz, $3.50/lb, and $0.90/lb, respectively.

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

[h.loens]

Antwort auf Beitrag Nr.: 56.385.115 von Uranxx am 07.12.17 08:40:54

Allzeithoch im Blick

Ich bin jetzt seit über einem Jahr investiert und könnte mit guten gewinnen raus. Meine bisherigen Erfahrungen sagen mir auch, ich sollte es tun. Die Gier ist aber zu groß ;-).

In Kanada wurde das Allzeithoch von 0,35 aus 2016 mit dem Schlusskurs von 0,34 nicht geknackt aber nur knapp verfehlt. Wenn es in Kanada heute nicht über dem Allzeithoch schließt, dann gehe ich raus hier und es war wieder nur eine geschickt eingefädelter Zock von einigen mehr oder weniger unbekannten.

Schöner wäre natürlich eine packende News mit Substanz und ein Schlußkurs von 0,38 in Kanada :-).

Spannender Tag ähh Abend ;-).

Gruß

[kmh64]

Antwort auf Beitrag Nr.: 56.385.115 von Uranxx am 07.12.17 08:40:54

Die machen es ja wieder ganz schön spannend mit der News

[Uranxx]

so, jetzt wird es spannend.... nachhaltig oder Strohfeuer-Anstieg....

[freizeitpark]

Antwort auf Beitrag Nr.: 56.381.377 von freizeitpark am 06.12.17 19:56:02

mein Tip heute in Canada lautet:

es werden über 3.500.000 Aktien der EAM über den Tisch gehen .....

wir werden es ja in ca. 2 Std. sehen

[freizeitpark]

Antwort auf Beitrag Nr.: 56.381.314 von biansi63 am 06.12.17 19:51:47

jetzt geht es los ......

EAM
$ 0.345 real time data Change Up
Change:
0.05 (16.95%)
Volume:
1,262,055

[biansi63]

Antwort auf Beitrag Nr.: 56.381.281 von freizeitpark am 06.12.17 19:49:13

Der Polli istja auch wieder am Trommeln!

[freizeitpark]

Antwort auf Beitrag Nr.: 56.381.209 von nnah am 06.12.17 19:44:27

könnte schon sein das die Sektkorken hier zwischen 20.00 Uhr und 21.00 Uhr knallen

alles wird seit ca. 1 Std. aufgekauft,
hier bei mir in Canada und in Deutschland.......

[nnah]

ist doch ein schönes Volumen bisher, die großen Posten werden aus dem ask genommen
um dann mal klein zu geben.

sieht doch nicht schlecht aus.