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KEFI Minerals Plc
Summary
| Project: | Hawiah | |
|---|---|---|
| Deposit: | Hawiah | |
| Location: | Saudi Arabia | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 11/12/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-11-2019: KEFI Minerals Plc announces an Exploration/Drilling Update report for its Hawiah deposit at the Hawiah project. Drilling results incl. 16m @ 1.2% Cu, 0.51% Zn, 0.51g/t Au, 9.1g/t Ag. KEFI Minerals (AIM: KEFI), the gold exploration and developm | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jeffrey Rayner (Internal) | |
| ABSTRACT: | KEFI Minerals (AIM: KEFI), the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, is pleased to report encouraging results at the start of the scout drilling programme at the Company’s Hawiah Exploration Licence in Saudi Arabia. These additional drill intercepts push the extent of the known massive sulphide mineralisation down to a depth of 240 metres below surface. Visual inspection of the drill core in HWD_003 and HWD_004 indicates that sulphide mineralisation presents in a similar fashion to HWD_001. These early encouraging results represent just the start of the planned 2,500 metre scout drilling programme and confirm that the Volcanic Massive Sulphide ("VMS") mineralisation is the source of the previously reported 5.5km long geophysical anomaly, and that the mineralisation is copper, gold and zinc bearing. | |
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