VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 15, 2016) – East Africa Metals Inc. (TSX VENTURE:EAM) (“East Africa” or the “Company”) is pleased to announce the appointment of Sean I. Waller, P.Eng, to the Company’s Board of Directors and Chairman of the Board’s Project Development Committee.
Mr. Waller is a mineral processing engineer, registered as a Professional Engineer in British Columbia. Mr. Waller has over 30 years of International minerals industry experience including company and project management, evaluation, design and operation.
Andrew Lee Smith, the Company’s President and C.E.O. stated, “We believe the addition Mr. Waller to the Board of Directors represents a valuable addition of skill and experience. As Chairman of the Board’s Project Development Committee, Mr. Waller will be appropriately placed to lead the Company’s development of the technical project specifications required to advance the Company’s Ethiopian assets toward commercial viability.”
Mr. Waller currently serves as President of Candente Copper Corp. Candente Copper is developing the large scale Cañariaco Norte copper deposit located in Northern Peru.
Previous roles in Mr. Waller’s career included AMEC Americas Limited Mining Division (“AMEC”) in Vancouver where he held the positions of Vice President of Business Development and Senior Project Manager. At AMEC, Mr. Waller was the Study Manager for the definitive Feasibility Study of Nevsun’s very successful Bisha Mine in Eritrea and the Project Manager for the Front End Engineering Design of the large scale Petaquilla Copper project in Panama (now under construction).
Prior to AMEC, Mr. Waller worked with SNC-Lavalin’s Mining Division in senior technical roles in mineral processing and project engineering. Mr. Waller previously worked for Freeport-McMoran as Chief Metallurgist at its world class Grasberg copper gold mine in Indonesia, as well as Chief Metallurgist at the Colomac gold mine in the sub-Arctic. Mr. Waller is the Past President of the Canadian Institute of Mining, Metallurgy and Petroleum. He was the Chair of the Organizing Committee for the CIM Annual Conference in Vancouver in 2010. Mr. Waller sits on the Board of Trustees for the CIM Foundation, a charitable foundation that supports educational programs and activities, provides scholarships, and promotes the minerals industry as an enviable career choice.
About East Africa Metals
The Company’s principal assets include both the 70%-owned Harvest Polymetallic and the 100%-owned Adyabo Gold Projects in the Tigray region of Ethiopia, 600 kilometres north‐northwest of the capital city of Addis Ababa. East Africa now has mineral resources defined at both projects in Ethiopia and continues to test priority targets.
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
Cautionary Statement Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “anticipate”, “believe”, “plan”, “expect”, “intend”, “estimate”, “forecast”, “project”, “budget”, “schedule”, “may”, “will”, “could”, “might”, “should” or variations of such words or similar words or expressions. Forward-looking information is based on reasonable assumptions that have been made by East Africa as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of East Africa to be materially different from those expressed or implied by such forward-looking information, including but not limited to risks factors set out in East Africa’s management’s discussion and analysis for the nine months ended September 30, 2015, East Africa’s listing application dated July 8, 2013 and Tigray Resources Inc. Management Information Circular dated March 28, 2014. Forward-looking statements are based on assumptions management believes to be reasonable. Although East Africa has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The Company does not update or revise forward looking information even if new information becomes available unless legislation requires the Company do so. Accordingly, readers should not place undue reliance on forward-looking information contained herein, except in accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.