KEFI Gold and Copper has unveiled the discovery of a third significant copper-gold deposit within the expansive Hawiah Copper-Gold district in Saudi Arabia.
This follows the original Hawiah discovery when drilling commenced in 2019 and the subsequent Al Godyer discovery announced in 2022.
The discovery of the Volcanogenic Massive Sulphide (VMS) deposit, through the company’s joint venture Gold and Minerals Ltd. (GMCO), underscores the district’s rich mineral potential.
The Abu Salal deposit is located 50km south of GMCO’s Hawiah Copper-Gold project in the central portion of the Wadi Bidah Mineral Belt, straddling GMCO’s Abu Salal North and South exploration licences.
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.