Rakita Company Ltd. is a Serbian company, currently carrying out advanced project & exploration activities in the world famous Timok district of Eastern Serbia.
Rakita’s Timok Copper and Gold flagship project is the Cukaru Peki deposit, a high grade copper / gold resource located 6 kilometres south from the existing mining operations of RTB Bor.
Timok Copper and Gold project consists of two mineralized zones:
| Timok Upper Zone, a high grade massive sulphide body and
| Timok Lower Zone, a lower grade porphyry style deposit.
The Upper Zone is currently in pre-feasibility stage, with ongoing exploration on the underlying Lower Zone porphyry.