Project overview
About this development
The Terakimti Project, also known as the Harvest Project, is proposed as an open pit mining operation followed by heap leaching and on site processing to produce gold-silver dore. The combination of near surface oxide gold and silver mineralization, hosted in soft rock when compared to other deposits, high and rapid extraction of gold at coarse crush sizes in metallurgical testwork, along with satisfactory percolation rates all support this strategy for the development of the Terakimti Project. The Harvest polymetallic VMS exploration project covers 362 square kilometres in the Tigray region of Ethiopia, 600 kilometres north-northwest of the capital city of Addis Ababa in Ethiopia, North Africa. The company recently entered into an agreement to acquire the Harvest North properties, which cover 795 square kilometres immediately adjacent north and west of the Harvest project. The exact co-ordinates are currently not available however the approximate area of location is lat: -14.3550; long: 38.2260.
Project at a glance
Terakimti Oxide Gold Project, Ethiopia is located in Ethiopia. The project is classified in the Private sector. Its current recorded stage is Postponed. The recorded project value is R 200 Million+.