KEFI Gold and Copper Plc (LON:KEFI), the gold and copper exploration and development company which has focused on the Arabian-Nubian Shield since 2008, has provided an operational update for the Hawiah Copper-Gold Project in the Company’s minority-owned Gold & Minerals Ltd (GMCO) joint venture.
Highlights
· At Hawiah, over 50,000m of the 65,000m infill drilling programme is complete in preparation for updating the existing 29.0Mt Mineral Resource Estimate (“MRE”) (see announcement on 9 January 2023), with results in-line with expectations as modelled.
· Recent drilling highlights include:
o HWD_222 intersecting 8.6m (7.5m ETW) of massive sulphide averaging 0.8% copper, 0.4% zinc, 0.5 g/t gold and 8.1g/t silver from 970.2m; and
o HWD_246 intersecting 9.3m (8.4m ETW) of massive sulphide averaging 0.7% copper, 1.0% zinc, 0.6 g/t gold and 10.2 g/t silver from 872.7m.