KEFI Mineralswww.kefi-minerals.com TICKER: KEFI EXCHANGE: L
KEFI Minerals is an exploration company with promising gold/copper/zinc prospects in Saudi Arabia and Turkey. In Saudi Arabia KEFI is targeting gold discoveries of 1m/oz, in a minority partnership (40%) with a significant local company, Abdul Rahman Saad Al-Rashid & Sons Company Limited ('ARTAR'). Its exploration activities in Saudi Arabia are concentrated on areas which are known to have been mined for gold and copper in ancient times. In the Bakir Tepe project in Turkey, the company's partner is Centerra Gold. In total KEFI's licences in Turkey cover 454km2, where it currently has a total of six projects.
21 applications pending for exploration licences in Saudi.Arabia, one imminent and others soon to follow.
Targeting potential 1m oz gold discoveries
The Arabian-Nubian Shield a rich source of largely undeveloped
Region mined in ancient times surface gold visible in some areas
Favourable environment in terms of tax and mining costs