Business
Half-yearly Report
Half-yearly Report.
About this update from Kefi Gold And Copper Plc
[{"type":"text","content":"\n \nAIM: KEFI 28 September 2007\n\n KEFI Minerals Plc \n\n (\"KEFI Minerals\" or \"the Company\") \n\n Interim Results for the Period from 24 October 2006 to 30 June 2007 \n\nKEFI Minerals, the gold and copper exploration company focused on projects in\nTurkey, is pleased to announce interim results for the period from 24 October\n2006 to 30 June 2007.\n\nHIGHLIGHTS\n\n * KEFI Minerals now has six projects in Turkey (following the addition of\n Derinin Tepe, Meyvali, Muratdag and Karalar early in 2007). It's tenement\n in Bulgaria is in the process of relinquishment as it did not satisfy the\n Company's criteria.\n \n * The Company owns an extensive exploration database which contains\n information regarding approximately 100 further prospective sites in\n Turkey.\n \n * Since admission to AIM in December 2006, the Company has established field\n offices in Turkey and exploration has begun on all projects.\n \n * Diamond drilling commenced in late June targeting gold in epithermal quartz\n veins at the Derinin Tepe Prospect. Subsequent to 30 June the Company\n announced a gold discovery at the Yanikli Prospect in the 100% owned Artvin\n Project area. Channel sampling has returned 12m at 5.0g/t gold within a\n broader zone containing 37m at 1.8g/t gold. Mapping has revealed this zone\n at Yanikli has a strike of at least 1km and a width of 40m to 100m.\n \nKEFI Minerals' Managing Director, Jeff Rayner, commented: \"The primary\nobjective for 2007 is to rapidly assess the Company's current projects and to\nidentify the most prospective areas in Turkey and Bulgaria for further\nevaluation.\n\n\"We will continue to use our proprietary database to monitor opportunities so\nthat KEFI Minerals can acquire further exploration opportunities as soon as\nthey become available. We look forward to further growing our portfolio and\nupdating shareholders in due course.\"\n\nEnquiries\n\nKEFI Minerals WH Ireland Bishopsgate Communications \n \nJeffrey Rayner Laurie Beevers Maxine Barnes \n \n Katy Mitchell Nick Rome \n \n+905 36963 0111 +44 161 832 2174 +44 20 7562 3350 \n \nwww.kefi-minerals.com \n\nCHAIRMAN'S STATEMENT\n\nKEFI Minerals made very good progress over the first half of 2007. Our\nexploration portfolio has been significantly expanded with the addition of four\nnew project areas in Turkey. Exploration has commenced at these proje...