East Africa Metals, Inc. · TSXV:EAM
East Africa Metals — Investor Presentation (September 2016)
25 slides from East Africa Metals's investor presentation, September 2016
Slide 1: Exploration in East Africa
Exploration in East Africa September 2016
Slide 2: Cautionary Statement
Cautionary Statement This presentation 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", "inte
Slide 3: East Africa Metals
East Africa Metals East Africa Metals is a mineral exploration company focused on advanced exploration in Africa. The company owns two projects in Harvest & Adyabo Ethiopia, the 70% owned Harvest Projects, Ethiopia project, and the 100% owned Adyabo project1. The company also owns a 30% stream in th
Slide 4: Ethiopia
Ethiopia Ethiopia and Neighbouring Key Projects Ethiopia is the oldest independent country in Africa, with an economy mostly based in Eritrea agriculture. Bisha (Cu,Zn,Au,Ag) Ethiopia is a mining-friendly jurisdiction, Emba Derho,Debarwa (Cu,Zn,Au) Danakhil (Potash) working under the Mining Operatio
Slide 5: Ethiopian Assets
Ethiopian Assets Sentraley Adi Gozomo Deposit Prospect Awahi N Igub Adi Goshu Adi Asgedom VTEM09 10 km Adi Nigisti Hager Selam Lihamat Widak Da Tambuk Terakimti Mugnae Andi Adi Million Mato Bula Mayshehagne Zelazle Adyabo Project Harvest Project 100% Ownership 70% Ownership 225 km2 86 km2 Deposits D
Slide 6: EAM's Value Equation
EAM’s Value Equation Market Metrics As of September 8, 2016 Share Price $0.360 Market Capitalization $43.0 M Share Structure Basic Shares Outstanding 119.4 M Shares issuable from Options (avg. exercise price of $0.122) 18.0 M Shares issuable from Warrants (avg. exercise price of $0.23) 29.3 M Fully
Slide 7: Arabian-Nubian Shield Overview
Arabian-Nubian Shield Overview The Arabian-Nubian Shield (ANS) is composed of granitoid-greenstone terranes stretching over NE Africa and western Saudi Arabia. The geological characteristics of these rocks make it highly prospective for VMS and orogenic lode gold deposits, and it is home to several
Slide 8: Harvest and Adyabo Project Infrastructure
Harvest and Adyabo Project Infrastructure A paved highway and high voltage powerline pass within 7 kilometres west of the Terakimti deposit, and are roughly equidistant with resources defined at the Adyabo project to the west. Da Tambuk Terakimti A perennial river is located Mato Bula approximately
Slide 9: The Terakimti Deposit
The Terakimti Deposit Terakimti Adyabo Project Harvest Project 20 kilometres 9
Slide 10: Terakimti Deposit Drill Hole Locations
Terakimti Deposit Drill Hole Locations 10
Slide 11: Terakimti Composite Long Section (NW)
Terakimti Composite Long Section (NW) 11
Slide 12: Terakimti Mineral Resource Estimate
Terakimti Mineral Resource Estimate Terakimti Deposit Initial Mineral Resource Estimate7,8 Grade Contained Metals NSR Cut- Mineralization Mineralization Tonnes Off Class Type ('000s) Au Ag Cu Zn Au Ag Cu Zn ($/t) g/t g/t % % ('000 oz) ('000 oz) ('000 lb) ('000 lb) Indicated Oxide 25.9 290 2.6 10.5 0
Slide 13: Terakimti Mineral Resource Estimate
Terakimti Mineral Resource Estimate Terakimti Deposit Updated Oxide Mineral Resource Estimate6,8 Grade Contained Metals NSR Cut- Mineralization Mineralization Tonnes Off Class Type ('000s) Au Ag Cu Au Ag Cu ($/t) g/t g/t % ('000 oz) ('000 oz) ('000 lb) Indicated Oxide 15.74 1,110 3.20 23.6 0.08 114
Slide 14: The Mato Bula and Da Tambuk Deposits
The Mato Bula and Da Tambuk Deposits Da Tambuk Mato Bula Adyabo Project Harvest Project 20 kilometres 14
Slide 15: Mato Bula Drilling
Mato Bula Drilling TSX-V:EAM Legend Tertiary Basalt Silicification Sericite Silica Sulphide Alteration Schist - sericite Schist - sericite/chlorite Schist - chlorite/sericite Barite Chert Chert Sedimentary Rocks rWSTO3 este 407 Limestone Shale and Volcaniclastic - Tuff? Felsic Volcani OC elsic Volca
Slide 16: Mato Bula – Silica Hill Long Section
Mato Bula – Silica Hill Long Section 16
Slide 17: Da Tambuk Drilling
Da Tambuk Drilling TSX-V:EAM rc 2 ea 2 3S Qa Tertiary Basalt Silicification Sericite Silica Sulphide Alteration Schist - sericite Schist - sericite/chlorite Schist - chlorite/sericite Barite Chert Chert Sedimentary Rocks Limestone Shale and Volcaniclastic - Tuff? Felsic Volcanic Intermediate Volcani
Slide 18: Da Tambuk Long Section
Da Tambuk Long Section 18 Note: All footnotes can be found in the appendix.
Slide 19: Adyabo Mineral Resource Estimate
Adyabo Mineral Resource Estimate Adyabo Project Mineral Resource Estimate5 Grade Contained Metals Category Tonnes ('000s) Au Cu Ag Au Equiv. Au Cu Ag Au Equiv.Metal g/t % g/t g/t ('000 oz) (M lb) ('000 oz) (‘000 oz) Indicated 3,215 3.92 0.24 1.4 4.29 408 16.8 132 446 Inferred 5,930 1.43 0.50 2.9 2.2
Slide 20: Adyabo Mineral Resource Estimate
Adyabo Mineral Resource Estimate Adyabo Project Inferred Mineral Resource Estimate5 Grade Contained Metals Pit Optimized Cut-Off Tonnes ($/t) ('000s) Au Cu Ag Au Equiv. Au Cu Ag Au Equiv.Metal Area g/t % g/t g/t ('000 oz) (M lb) ('000 oz) (‘000 oz) Da Tambuk 23.9 35 4.30 0.08 3.0 4.42 5 0.1 3 5 Mato
Slide 21: Drill Tested Targets
Drill Tested Targets Sentraley Adi Gozomo Deposit Drilled Prospect Awahi N Igub Prospect Adi Goshu Adi Asgedom VTEM09 10 km Adi Nigisti Hager Selam Lihamat Widak Da Tambuk Terakimti Mugnae Andi Adi Million Mato Bula Mayshehagne Zelazle Adi Angoda Adyabo Project Harvest Project Drilled Targets Drille
Slide 22: Magambazi Project
Magambazi Project Overview Magambazi Mineral Resource Estimate4 • Gold project located in the Handeni area of Tanzania Grade Contained Metal Mineralization Tonnes • Project has been sold to a development partner for Class ('000s) US$2.0M + 30% production stream at cost +15%2 Au g/t Au oz Indicated 1
Slide 23: Experienced Management Team
Experienced Management Team Name Position Experience Management Andrew Lee Smith, President, CEO, • Professional geologist with over 25 years of mineral exploration and mine development experience P.Geo, ICD.D and Director • Co-founder and Director of True North Gems Inc. Jeff Heidema, Vice Presiden
Slide 24: Appendix
TSX-V:EAM PE Appendix EAST _ AFRICA 24 METALS a
Slide 25: Presentation Notes
Presentation Notes 1 Subject to completion of 2% N.S.R. agreement. See company press release dated February 1, 2016. 2 30% stream based on agreement terms outlined in EAM press releases dated June 15, 2015 and December 10, 2015. 3 As of June 30, 2016. 4 Magambazi resource disclosed via press release
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