Exploration
In 2024 we will be conducting a detailed geological mapping, surface sampling, soil sampling and trenching, remote sensing, and aerial photography in the Tigray Region of Ethiopia.
Current exploration is aimed in Northern Ethiopia and exploration is focused on growing this resource base and identifying higher grade zones, following encouraging study results from past companies.
Investment
Tundra X is fully funded by a private firm and has a major network of financial equity firms in Europe and North America.
Our investment strategy is focused in East Africa, reflecting our operational base and expertise.
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In Africa, we leverage our experience and identify opportunities that will sustainably grow our business, continue to deliver consistent results, and strengthen our financial position. We are disciplined in our approach to investments, merger, and acquisition opportunities, and have strict criteria with our financial planning and other entry hurdles, and various potential risks.
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Outside of our own mining investments, we have several strategic investments that include active consultants searching for high profile properties and joint venture agreements – with Canadian mining companies in Ethiopia and with Memnon Project Management Services out of Dubai. These investments represent longer-term growth opportunities for all partners.