The Rozino Project is Tintyava Exploration AD’s flagship project and represents an investment proposal for the extraction and processing of polymetallic gold-silver ores from the Rozino deposit within the Tintyava area.
The project is located in the Municipality of Ivaylovgrad, Haskovo Region, in the Eastern Rhodopes—a region with a long geological history, significant mineral potential, and established traditions in mineral exploration.
For Tintyava Exploration AD, the Rozino Project is not merely a geological and technical undertaking, but an opportunity to develop a natural resource responsibly, create long-term economic value, and contribute to the local community.
An Investment of Regional Importance
If implemented, the Rozino Project has the potential to become one of the most significant investments in the Ivaylovgrad region. The planned investment exceeds EUR 250 million and is associated with construction, preparation, site development, and the required supporting infrastructure.
During the construction phase, the project is expected to generate substantial temporary employment, involving more than 1,000 direct and indirect jobs. Once the project enters operation, it is expected to create more than 250 permanent, well-paid positions.
In addition to direct employment, the project could create further opportunities for local and regional suppliers, subcontractors, and service providers in areas such as transportation, logistics, maintenance, construction, accommodation, catering, technical services, and other supporting activities.
In this way, the Rozino Project could contribute to a more active local economy, the development of new professional skills, the retention of people in the region, and the creation of a long-term economic outlook for the Municipality of Ivaylovgrad.
Geological Basis and Proven Reserves
The project is based on completed geological, exploration, and research activities. A Geological Report for the Rozino deposit, which includes the calculation of gold ore reserves and resources and the registration of a commercial discovery, established reserves of 11.3 million tonnes of ore with an average gold grade of 1.33 g/t.
These data form the basis for the development of the investment proposal for the “Extraction and Processing of Polymetallic Ores from the Rozino Deposit, Tintyava Area”.
For the company, reserves and resources are not merely technical indicators. They provide the basis for assessing whether the project can be developed in an economically viable, technologically feasible, and environmentally responsible manner.
What the Investment Proposal Includes
The investment proposal provides for the open-pit extraction of polymetallic gold-silver ores and their processing through flotation technology to produce concentrate.
The project includes the construction and operation of the necessary supporting infrastructure, the management of mining waste, and the phased rehabilitation of affected land.
It is important to emphasise that the project does not provide for the production of metal bars on site. The final product of the technological process will be a concentrate produced through flotation processing.
Stage of Development and Statutory Procedures
The Rozino Project is currently at the investment proposal stage and is undergoing the environmental, technical, and administrative procedures required by law.
As part of the procedure, an Environmental Impact Assessment Report and an Appropriate Assessment have been prepared. The project has also been assessed in a transboundary context due to the connection between the catchment areas in the region and the territory of the Republic of Greece.
Public consultations have been held in the affected settlements and in the municipal centre of Ivaylovgrad.
The project may only be implemented after all applicable procedures have been completed and the necessary decisions, permits, and approvals have been obtained from the competent authorities.
Environmental Responsibility
For Tintyava Exploration AD, the responsible development of a project begins long before its potential implementation. For this reason, systematic monitoring of various environmental parameters has been carried out in the area of the Rozino deposit since 2018, ensuring that project decisions are based on actual data, expert assessment, and long-term observation.
The monitoring programme includes biodiversity surveys during different seasons, the collection of meteorological data, measurements of water levels in boreholes, monitoring of water in Yuren Dere and Arpa Dere, assessment of soil quality and agricultural produce, as well as other environmental observations. The collected data were used in the preparation of the Environmental Impact Assessment Report and form part of the company’s overall approach to the informed, responsible, and transparent development of the project.
One of the most important elements of the project concept is water management. The Rozino Project provides for zero discharge of industrial water into water bodies or sewerage systems. This means that water used in the technological process will not be discharged into rivers, streams, or other surface water bodies, but will instead be managed within a closed-loop system through collection, control, recirculation, and reuse.
The project does not provide for water abstraction from the Byala River. This is particularly important because the Byala River is one of the most sensitive issues for the local community and within the project’s transboundary context. Water supply and water management have been planned in a way that will not affect the hydrological regime of the Byala River or create a risk to its water quantity or ecological condition.
An additional safeguard for water protection is the separation of contact and non-contact water, the collection and control of water from operational sites, the use of drainage systems, and the return of collected water to the technological process. In this way, the project is designed not around the principle of discharge, but around the principles of management, control, and reuse.
Another important element of environmental protection is the proposed processing technology. The project provides for flotation processing to produce concentrate, without cyanide leaching and without the production of metal bars on site. This significantly distinguishes the project concept from other types of processing technology and forms an important part of the approach to limiting environmental risk.
Particular attention has also been given to mining waste management. The proposed solutions include controlled deposition, drainage systems, water collection, technical measures to limit infiltration, and the phased rehabilitation of affected land. The objective is to manage the facilities and processes in a manner that prevents uncontrolled impacts on soil, water, and the wider environment.
The Rozino Project has also been assessed in a transboundary context due to the connection between local catchment areas and the territory of the Republic of Greece. For this reason, the impact assessment also includes an analysis of potential transboundary effects. The proposed project measures—zero discharge, no water abstraction from the Byala River, a closed-loop water system, contact-water control, drainage systems, and monitoring—are intended to prevent impacts on downstream water bodies, including the Luda River/Erythropotamos and the Maritsa/Evros River.
On this basis, the project documentation does not anticipate any adverse transboundary impact on the territory of the Republic of Greece, the waters of the Erythropotamos, or other areas located near the project. For Tintyava Exploration AD, this is a key commitment—the project must be developed in a way that protects both the local environment and the interests of neighbouring territories.
The company regards environmental protection not as a formal requirement, but as a fundamental condition for the development of the project. For this reason, the Rozino Project is based on the principles of prevention, control, transparency, monitoring, and responsibility—before, during, and after any potential implementation of the investment proposal.
Long-Term Value for Ivaylovgrad
The Rozino Project has the potential to deliver tangible economic benefits to the Municipality of Ivaylovgrad and the wider region through investment, employment, opportunities for local suppliers, training, professional qualifications, and the development of supporting services.
Tintyava Exploration AD makes a clear commitment that, when recruiting personnel for the project, residents of the Municipality of Ivaylovgrad will be given priority where they meet the requirements for the relevant position or can be trained and qualified for it. The objective is to ensure that the greatest possible share of project-related employment remains within the local community and creates genuine opportunities for people in the region.
The company also plans to actively support the preparation of local workers through training, professional qualification, and the development of skills required both for project activities and for associated economic sectors.
In addition, Tintyava Exploration AD plans for the project to be linked to broader support for the local community. One of the planned initiatives is the establishment of a Local Business Support Fund focused on activities that are not directly connected to mining. The aim is to encourage local entrepreneurs, service providers, agricultural, tourism, craft, and other sustainable initiatives capable of creating additional value for the region.
The company also plans to support projects of public importance related to local infrastructure, hospital and healthcare services, education, vocational training, social activities, youth initiatives, sport, and culture.
For Tintyava Exploration AD, the development of the Rozino Project represents a long-term responsibility—to nature, local people, institutions, and the future of the region.
The company believes that the area’s natural resources can be explored, assessed, and potentially developed in a way that combines professionalism, transparency, economic value, and respect for people and the environment.