Business
Tulu Kapi Resource Update - replacement
Tulu Kapi Resource Update - replacement.
About this update from Kefi Gold And Copper Plc
[{"type":"text","content":"\n \nRNS Number : 3733P Kefi Minerals plc 18 August 2014 \n \n\nThis announcement amends and replaces the announcement of the Tulu Kapi Resource Update made by the Company on 18 August 2014 at 7am BST, issued under RNS number 3567P. The revised announcement includes an appendix detailing JORC compliance. All other details remain unchanged. The full amended text is shown below.\n \n \n \n 18 August 2014\n \nKEFI Minerals Plc \n(\"KEFI\" or the \"Company\")\n \nINDEPENDENTLY VERIFIED jorc COMPLIanT MINERAL resource reporting on TULU KAPI GOLD DEPOSIT in ETHIOPIA\n \nKEFI Minerals (AIM: KEFI), the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Democratic Republic of Ethiopia, is pleased to announce an independently verified updated JORC compliant Mineral Resource reporting of total Indicated and Inferred Resource of 23.7 Mt at 2.51 g/t Au for 1.9 Moz Au at its Tulu Kapi project in Ethiopia. \n \nKEFI Minerals is the manager and operator of the project under the Company's 75%-owned KEFI Minerals (Ethiopia) Limited (\"KME\") joint venture company with Nyota Minerals. The Competent Persons for the Resources are Simon Cleghorn, Resource Manager of KEFI, and Lynn Olssen, General Manager Geosciences and Senior Principal Consultant of Snowden Mining Industry Consultants Pty Ltd (\"Snowden\").\n \nHIGHLIGHTS\n \n· A Mineral Resource of 1.9 Moz Au (23.7 Mt at 2.51 g/t Au), reported in accordance with the JORC Code (2012), has now been estimated after twelve months of intense review by KEFI and its independent specialists and after taking into account all drilling and trenching c...