Bullboard - Stock Discussion Forum East Africa Metals Inc V.EAM

Alternate Symbol(s): EFRMF

Metals & Mining Industrial Metals & Minerals

East Africa Metals Inc. is a Canada-based mineral exploration company. The Company is focused on the identification, acquisition, exploration, development and/or sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia (Ethiopia) and the United Republic of Tanzania (Tanzania). The Company’s mineral property interest consists of one project in Ethiopia... see more

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TSXV:EAM - Post Discussion

East Africa Metals Inc > Tibet Huayu Mining (SHSE: 601020) is commencing mining

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Post by sdhaka on Dec 05, 2023 7:16pm

Tibet Huayu Mining (SHSE: 601020) is commencing mining

East Africa Metals Inc. / TSXV: EAM

PR Title

Tibet Huayu Mining (SHSE: 601020) is commencing mining development programs at the Mato Bula, and Da Tambuk deposits, in Ethiopia

FRC Opinion

Positive – We believe EAM’s partner, Tibet Huayu, should be able to advance the projects to production by 2025. EAM holds a 30% carried interest, indicating that Tibet Huayu is financing the project until production. Given EAM’s relatively inactive status in the past year, this news is highly promising.

https://www.researchfrc.com/boc-meeting-predictions-bitcoin-price-outlook-and-upbeat-news-for-ev-metal-juniors/