KEFI unveils Maiden Al Godeyer resource

KEFI Gold and Copper (AIM: KEFI) has released a maiden Mineral Resource Estimate (MRE) at the Al Godeyer Project, which forms part of the Hawiah Complex, all part of KEFI’s Saudi Arabian joint-venture Gold and Minerals Company Limited (GMCO).

In Saudi Arabia, the Jibal Qutman Gold Project, the Hawiah Copper-Gold Project and the other Saudi projects are under GMCO (now planned to be 25 to 30% owned by KEFI).

In Ethiopia, the Tulu Kapi Gold Project is under TKGM (now planned to be 70-80% owned by KEFI). Final beneficial ownership will depend on project financing requirements.

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.

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