For thousands of other reports visit RSC's Mineral Intellingence Map

KEFI Minerals Plc

opaxe

Summary

Project:

Hawiah

Deposit:Hawiah
Location:Saudi Arabia
Commodities:Copper-Zinc-Gold-Silver
Date:12/3/2019
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:3-12-2019: KEFI Minerals Plc announces an Exploration/Drilling Update report for its Hawiah deposit at the Hawiah project. Drilling results incl. 8.7m @ 4.2% Cu, 0.2% Zn, 0.7g/t Au, 15.6g/t Ag from 38.65m. KEFI (AIM: KEFI), the gold exploration and develo
Resources:x
CP/QP:[Overall Report]: Jeffrey Rayner (Internal)
ABSTRACT:KEFI (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 further encouraging assay results from the drilling programme at the Company's Hawiah Exploration Licence in Saudi Arabia. Drilling has so far targeted the southern 1.5km section of the previously reported 5km long outcropping gossanous ridge and coincident geophysical anomalies. These further encouraging results confirm that Volcanic Massive Sulphide ("VMS") mineralisation is the source and that the mineralisation is comprised of copper, gold, silver and zinc. The VMS mineralisation is proving to be continuous both along strike and down dip, consistently intersected along the currently drill tested 1.5km long southern portion of the Hawiah ridge. Drillhole HWD 005 has demonstrated that massive sulphide mineralisation continues to a vertical depth of greater than 250m.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report