Nyota Minerals study confirms scope for high gold production at Tuli Kapi

AIM-listed East African gold exploration and development company Nyota Minerals has reported that more than 100,000 ounces of gold could be produced at its Tuli Kapi project annually, in its preliminary results for the six months ended December 31st.

AIM-listed East African gold exploration and development company Nyota Minerals has reported that more than 100,000 ounces of gold could be produced at its Tuli Kapi project annually, in its preliminary results for the six months ended December 31st.

The group reported that a definitive feasibility study had been conducted for Tulu Kapi project in Western Ethiopia, which confirmed "a technically feasible and economic project with average annual gold production of 105,000 ounces steady state from an open pit".

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