Business
Drilling Results
Drilling Results.
About this update from Kefi Gold And Copper Plc
[{"type":"text","content":"\n RNS Number : 9935X Kefi Minerals plc 01 July 2008 \n \n\n\nAIM: KEFI 1 July 2008\n\nKEFI Minerals Plc\n('KEFI Minerals' or the 'Company')\n\nDRILLING RESULTS FROM DERININ TEPE PROSPECT\n\nKEFI Minerals, the AIM-quoted gold and copper exploration company with projects in Turkey, is pleased to announce the results from the second-phase diamond drilling programme at the Company's 100%-owned Derinin Tepe Prospect in Balikesir province, western Turkey. \n\nThe eight drillholes were designed to test for extensions of the mineralised veins at depth along 200m of strike of the main West Vein structure.\n\nHighlights\n\n\n\nThe targeted vein structure was intercepted in seven of the eight holes drilled.\n\n\nDrillhole KDTD13 intercepted 16.05g/t gold over 2.85m from 111.00m downhole and 29.0g/t silver over 8.10m from 106m downhole.\n\n\nAll drillholes intercepted widespread anomalous silver values with higher grade intercepts of up to 51.9g/t silver over 4.55m from 52.70m downhole in drillhole KDTD15.\n\n\n\nPrevious assays from surficial channel-chip sampling and grab sampling undertaken by KEFI Minerals had returned up to 152g/t gold and 1,320g/t silver from low sulphidation epithermal quartz veins with cumulative strike lengths of over 2km and widths of up to 8m at surface. Extensive ancient workings were exposed in trenching, revealing 100m to 200m strike lengths of underground wor...