Ethiopia - Introduction
Introduction
Nyota holds three licences in Ethiopia. It has gold and platinum exploration licences for Yubdo and a gold exploration licence for its core project Tulu Kapi. The licences are all in western Ethiopia in Wellega Province, Oromiya Regional State, approximately 360 kilometres west of the capital Addis Ababa.
Nyota holds three licences in Ethiopia. It has gold and platinum exploration licences for Yubdo and a gold exploration licence for its core project Tulu Kapi. The licences are all in western Ethiopia in Wellega Province, Oromiya Regional State, approximately 360 kilometres west of the capital Addis Ababa.
Exploration and mining licence location map
Nyota’s licences overlie a volcano-sedimentary sequence which is part of the Pan-African system and has affinities with the ophiolite suites of the Arabian-Nubian shield which host numerous economic gold deposits. Alluvial gold is widespread throughout the area and a number of hard rock and eluvial deposits have been worked historically.