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East Africa gains more mining licences

East Africa Metals (TSXV: EAM) plans to forge ahead towards development in Ethiopia after receiving mining licences for two more of its deposits.

East Africa gains more mining licences East Africa gains more mining licences East Africa gains more mining licences East Africa gains more mining licences East Africa gains more mining licences

The junior is aiming for development at three gold deposits in Ethiopia

Shares in the company closed up almost a third yesterday after it announced the approvals for its Mato Bula and Da Tambuk deposits, at its Adyabo project in the Tigray National Regional State.