Project overview
About this development
The Tulu Kapi Exploration Licence comprises an area of approximately 20 square kilometres centred on the old Tulu Kapi gold mine. Tulu Kapi is 9 km south of Keley, a small village on the main Gimbi to Dembi Dolo road, 500 km west of Addis Ababa in Ethiopia, North Africa. There is abundant water in the region, good road access and a high power transmission at Keley. The area is surrounded by the Yubdo Exploration Licence Area. The project has an Inferred Resource of 1.38 million ounces, defined at a cut off grade of 0.50g/t Au. Project cost: US$356 million. GPS coordinates lat: 9.04033; long: 35.325808.
Project at a glance
Tulu Kapi Gold Project, Ethiopia is located in Ethiopia. The project is classified in the Private sector. Its current recorded stage is Underway. The recorded project value is R 200 Million+.