African Energy Metals Inc. provided an update on the Manono project. Due diligence has proceeded smoothly on the project with no exceptions to date. The Company has an exclusive agreement on the Manono project. The concession is owned 100% by a private DRC company and controlled by reputable parties experienced in mining in the region. The Company does not expect to experience any title issues experienced by other parties in the region relating to the involvement of quasi-governmental agencies. The Company is commencing a Phase 1 work program consisting of soil and outcrop sampling and geological mapping. A portion of the program will be to provide assays
from the pegmatite outcrops to verify the existence of lithium and to determine the grade of the exposed lithium. This program will provide drill targets to examine the overall resource potential of the concession for lithium, tin, and tantalum.