KEFI Gold and Copper PLC · LSE:KEFI
KEFI Gold and Copper — KEFI Minerals — Shareholder Meeting (April 2008)
30 slides from KEFI Gold and Copper's shareholder meeting presentation, Apr 23, 2008
Slide 1: KEFI Minerals Plc Presentation AGM 23rd April 2008
Excellence in Discovery KEFI Minerals Plc Presentation AGM 23rd APRIL 2008 www.kefi-minerals.com
Slide 2: Disclaimer
Excellence in Discovery DISCLAIMER The information contained in this confidential document ("Presentation") has been prepared by KEFI Minerals plc (the "Company"). This document does not constitute or form any part of any offer or invitation to sell or issue or purchase or subscribe for any shares i
Slide 3: Company Overview
Excellence in Discovery Company Overview • Expanded gold exploration projects in Turkey from 2 projects since company float in December 2006 to 8 projects (26 exploration licences) in March 2008. • Exploration is focused primarily on Turkey. Some 15 companies including three majors now exploring. Th
Slide 4: Directors
Excellence in Discovery Directors • Harry Anagnostaras-Adams, Non-Executive Chairman Managing Director of AIM-listed EMED Mining. Formerly Managing Director of ASX /AIM-listed Gympie Gold and Deputy Chairman of Australian Gold Council, Executive Director of investment company Pilatus Capital, previo
Slide 5: Corporate Objectives
Excellence in Discovery Corporate Objectives • To create shareholder value through exploration strategy to discover gold and copper deposits of +1M oz gold deposit (or equivalent) size. Develop mines. • Focus on the under explored, highly prospective Tethyan Metallogenic Belt which hosts a number of
Slide 6: Achievements
Excellence in Discovery Achievements Built an experienced exploration and management team: Malcolm Stallman (Exploration Manager) has 20yrs experience, last 4yrs in Turkey with Newmont Mining and has a track record of discovery of new deposits. He is based in Turkey. Dr. Ömer Çelenk (General Manager
Slide 7: Achievements
Excellence in Discovery Achievements • Acquired the Derinin Tepe property through successful Government Tender in Feb 2007. Potential high grade Au epithermal vein prospect. Discovered extensive ancient (Roman) backfilled underground workings on the quartz veins through trenching and drilling. Worki
Slide 8: Achievements
Excellence in Discovery Achievements • Utilising extensive exploration database to evaluate and target areas for acquisition. • Exploration reporting in Turkey is non-existent and exploration licences are too small in area. This makes it very difficult for new companies to evaluate and compete in th
Slide 9: Project Locations
Excellence in Discovery Project Locations 9 KEFI Minerals Projects
Slide 10: Turkey, Major Mines and Deposits
Excellence in Discovery Turkey, Major Mines and Deposits 10
Slide 11: Turkey
Excellence in Discovery Turkey • Significant mining history which includes a number of world class deposits – Cayeli 25Mt at 4.7% Cu, 4.7% Zn, Kisladag 7Moz Au, Copler 5Moz Au, Murgul 80Mt at 1.1% Cu. • Recent changes to the Mining Law and a progressive development attitude of the Government has gen
Slide 12: Turkey: New Gold Mining Projects
Excellence in Discovery Turkey: New Gold Mining Projects • Ovacik Gold Mine. Comissioned in 2001, (Normandy Mining), 0.8Moz Au • Kisladag Gold Mine. Comissioned in 2006, (Eldorado Gold Corp), 7Moz Au • Mastra Gold Mine. Mine currently in construction (Koza Gold), 0.6Moz Au • Copler Gold Deposit. Fea
Slide 13: North East Pontides Region
Excellence in Discovery North East Pontides Region KEFI MINERALS’ KEFI MINERALS’ 13
Slide 14: Artvin Project Location map; Yanikli and Uzumlu Prospects
Excellence in Discovery Artvin Project Location map; Yanikli and Uzumlu Prospects 14
Slide 15: Yanikli Project
Excellence in Discovery Yanikli Project Discovery Outcrop along road cut. NW-trending silica-clay-pyrite alteration zone - 44m @ 0.5ppm Au, 45m @ 1202ppm Pb, and 36m @ 1840ppm Zn 15
Slide 16: Yanikli Discovery
Excellence in Discovery Yanikli Discovery New gold discovery in late August 2007 at the Yanikli Prospect, Artvin Project Area. Anomalous soils - max 2.4g/t gold and 13.4g/t silver. Rock chip samples - max 8.2g/t gold and 12.4g/t silver. Soil geochemistry defines a 1.75km by 1.50km mineralised area.
Slide 17: Yanikli Project
Excellence in Discovery Yanikli Project View looking East of the 1.5km long and 1km wide Gold anomalous zone > 50ppb Au Discovery Outcrop cm Brecciated porphyritic mafic intrusive with quartz veining and sulphide mineralisation. 17
Slide 18: Artvin Project, Uzumlu Prospect
Excellence in Discovery Artvin Project, Uzumlu Prospect View looking south of the historic workings of the Uzumlu Copper Mine 18
Slide 19: Geology and Locations Derinin Tepe and Meyvali Projects
Excellence in Discovery Geology and Locations Derinin Tepe and Meyvali Projects 19
Slide 20: Derinin Tepe Project
Excellence in Discovery Derinin Tepe Project •Trench revealing back filled stopes that were historically mined •1st phase diamond drilling completed in July 2007 •2nd phase announced in March 2008 20
Slide 21: Derinin Tepe; Epithermal Veins
Excellence in Discovery Derinin Tepe; Epithermal Veins Colloform bands in epithermal veins and old workings. Rock chip samples return up to 152g/t Au, 229g/t Ag, Initial channel samples; 2m at 9.6 g/t Au, 1m at 7.2 g/t Au and 6m at 3.3 g/t Au. The main vein attains a true width of 8m and is +1km in
Slide 22: Derinin Tepe
Excellence in Discovery Derinin Tepe Roman workings. Quartz veins mined in shallow pits and diamond drill core from 22 drilling in 2007.
Slide 23: Derinin Tepe; Geology & drill hole location map
Excellence in Discovery Derinin Tepe; Geology & drill hole location map 23
Slide 24: Derinin Tepe; Long Section
Excellence in Discovery Derinin Tepe; Long Section 1100m Mined by ancients KDTD2 KDTD1 KDTD3 1050m Un-mined vein 1000m Potential High grade gold and silver shoot 950m 24
Slide 25: Hasancelebi Project
Excellence in Discovery Hasancelebi Project Location of the recently Granted Hasan Celebi Licence, showing geology and proximity to known high sulphidation epithermal mineralisation and a large Iron oxide copper-gold deposit. 25
Slide 26: Turkish Database
Excellence in Discovery Turkish Database • KEFI owns an extensive exploration database which contains individual target assessments of 100 prospects in Turkey. • The database documents the mineral deposits produced by tectonic collision of Africa and Europe over the last 130 M yrs, which has produce
Slide 27: Strategic alliance with local miners
Excellence in Discovery Strategic alliance with local miners KEFI is fast tracking its exploration by seeking strategic alliances with local miners which has many obvious advantages: • In general, local miners have concentrated on sulphide bearing ores and usually have not assayed systematically for
Slide 28: Work Programme & Objectives 2008
Excellence in Discovery Work Programme & Objectives 2008 • Second & third phases of deeper (100-200m vertical) drill testing at Derinin Tepe Project leading to Resource definition drilling of high grade shoots. • Geophysical IP survey and RC drilling at Yanikli Prospect. Define Porphyry Cu-Au target
Slide 29: Share Capital
Excellence in Discovery Share Capital Share capital Number of shares ’000,000 Share Capital GBP’000 Authorised Ordinary shares of GBP0.01 each 200 2,000 Issued and fully paid Seed round 42 420 IPO round 46.667 467 Issued 19 February 2007 at GBP0.03 11.667 117 12 March 2007 at GBP0.03 0.25 2 4 June 2
Slide 30: Contact Details
Excellence in Discovery CONTACT DETAILS Jeff Rayner +90 533 928 19 13 jrayner@kefi-minerals.com Prof. Ian Plimer +61 421 089 651 ian.plimer@adelaide.edu.au Malcolm Stallman +90 533 314 08 50 mstallman@kefi-minerals.com KEFI Minerals Plc Email: info@kefi-minerals.com Web: www.kefi-minerals.com 30