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Principal Activity
Megado Gold Limited is an Australia-based gold exploration company. The Company focuses on acquiring gold projects in Ethiopia. The Company has approximately six Ethiopian Gold projects covering an area of over 700 square kilometers. Its projects include Babicho Project, Chakata Project, Mormora Project, Dawa Project, Dermi Dama Project and Chochi Project. Babicho Project has 132 square kilometers exploration license. The Chakata Project comprises a 62 square kilometers exploration license. Mormora Project comprises 139 square kilometers granted exploration license located approximately 40 kilometers south of the Lega Dembi and Sakaro mines. Dawa Project comprises a 41 square kilometers approved exploration license. Dermi Dama Project comprises a 227 square kilometers exploration license application, focusing on Kenticha Belt. Chochi Project is a 137 square kilometers project located within the western greenstone belt of Ethiopia.
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