Gold and copper exploration and development company KEFI Gold and Copper announced on Monday the discovery of a third copper-gold-zinc-silver deposit in the Hawiah Copper-Gold district by its Gold & Minerals (GMCO) joint venture.
The company, listed on the AIM sub-market of the London Stock Exchange (LSE), said in a statement that GMCO discovered another Volcanogenic Massive Sulphide (VMS) deposit, at Abu Salal, which becomes the third discovery in the Hawiah Copper-Gold district following the original Hawiah discovery in 2019, and the subsequent Al Godyer discovery in 2022.
The Hawiah discovery ranks in the top three of base metals projects in Saudi Arabia.
London-listed company KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield. The Company operates in Ethiopia and Saudi Arabia with projects including Tulu Kapi project, Jibal Qutman EL and Hawiah.
