Kefi Gold And Copper Plc · LSE:KEFI
Kefi Gold And Copper — KEFI Minerals — Shareholder Meeting (June 2011)
23 slides from Kefi Gold And Copper's shareholder meeting presentation, Jun 29, 2011
Slide 1: KEFI Minerals Plc AGM Presentation
Excellence in Discovery KEFI Minerals Plc AGM Presentation 29th June 2011
Slide 2: Disclaimer
Excellence in Discovery DISCLAIMER While the information contained herein has been prepared in good faith, the Company nor any of its shareholders, directors, officers, agents, employees or advisers give, have given or have authority to give, any representation or warranty, express or implied, as to
Slide 3: Exploration Strategy
Excellence in Discovery Exploration Strategy KEFI’s exploration strategy is to explore for and develop gold and copper deposits in the; Arabian-Nubian Shield in Saudi Arabia and in the Tethyhan Metallogenic Belt in Turkey And other opportunities in the Region Our recent efforts have focussed on Saud
Slide 4: The Arabian Shield
Excellence in Discovery The Arabian Shield There are five operating gold mines in Saudi Arabia. Three new base metal mines are in development stage- Al Masane Zn-Cu-Au, Jabal Sayid Cu and Khnaiguiyah Zn- Cu. Ma’aden has increased their total Au Resources from 8M oz Au in 2008 to 11Moz Au in 2011 and
Slide 5: First Exploration Licence Granted in Saudi Arabia
Excellence in Discovery First Exploration Licence Granted in Saudi Arabia KEFI Minerals and JV Partners ARTAR (G&M JV) commenced initial applications for exploration licences in Saudi Arabia in November 2008. There are currently 19 Licences in Application (ELA’s) and our first Exploration Licence SE
Slide 6: Selib North EL
Excellence in Discovery Al Amar Mine Selib 722,000oz Au North EL The Al Amar Belt is a prolific host to Au and base metal mineralisation. It is Al200km long and a mineral Amar Mine 722,000oz occurence or mine is located Au3-5km along every its Western limit; the Jabal Idsas-Al Amar Fault zone. Selib
Slide 7: Selib North EL
Excellence in Discovery Selib North EL Historic workings occur at Farawah, Selib North and at Selib. Numerous “tumuli”, or alluvial and elluvial dumps mark the base of ridges along this 15km zone, which forms part of the Jabal Idsas-Al Amar Fault Zone. The BRGM explored the Fawarah and Selib prospec
Slide 8: Selib North EL
Excellence in Discovery Selib North EL Ancient workings at Farawah (left photo) and looking SE towards the Selib North Prospect. The right photo shows extensive historic elluvial workings for gold at Selib, which extends north into G&M’s Selib North Licence area. Sampling of the dumps at Selib by th
Slide 9: Selib North EL
Excellence in Discovery Selib North EL Historic gold mining at Selib North. Left and right photographs show large dumps of crushed quartz and altered rock at the base of ridges along the Jabal Idsas-Al Amar Fault Zone. 9
Slide 10: Selib North EL
Excellence in Discovery Selib North EL Alteration and mineralised zones can be found along the Fault zone from Farawah to Selib, a distance of 10km within the Selib North Licence area. These areas have never been explored by modern exploration. Alteration and shearing (light brown colours) are evide
Slide 11: ELA's Awaiting Approval in Riyadh
Excellence in Discovery ELA’s Awaiting Approval in Riyadh The two G&M ELA’s approved by the DMMR and awaiting final approval in Riyadh are located within 45km of a major +2.5Moz Au Resource and within 7 km of a +300,000oz Au Resource, both held by Ma’aden, the 50% Government owned mining company. Ma
Slide 12: Other Application Areas
Excellence in Discovery Other Application Areas . grade gold has been High returned from G&M rock chip sampling and in limited drilling by the BRGM of this ancient gold mine. This prospect is located in a major mineralised shear zone and is well advanced in the permitting stage. The prospect has bee
Slide 13: Other Application Areas
Excellence in Discovery Other Application Areas The photographs above are from an ELA which is well advanced in the permitting stage. It is located 45km from the Mahd Adh Dhahab (Ma’aden) mine and contains anomalous copper and gold in historic workings.
Slide 14: Other Application Areas
Excellence in Discovery Other Application Areas Numerous historic workings on gold bearing quartz vein zones with large placer deposits in the immediate drainage. The BRGM performed reconnaissance work only in this area which has been recommended for further work by geological consultants Watts, Gri
Slide 15: Examples of VMS Deposits, Arabian Nubian Shield
Excellence in Discovery Examples of VMS Deposits, Arabian Nubian Shield Nevsun Resources Bisha Mine, Eritrea High-grade Au (7.99 g/t), Cu 4.4% and Zn 7.21%) 1.06 Million Oz Au, 9.4 Million Oz Ag 330,000 t Cu, 488,000t Zn Net Cash flow $180M per yr, Capex $250M (below). Barrick Gold Corp (ex- Citadel
Slide 16: G&M ELA's: Gossans developed on VMS
Excellence in Discovery G&M ELA’s: Gossans developed on VMS structures G&M JV ELA’s contain large Gossan structures developed as a product of weathering on VMS deposits. We have over 8km strike length of gold bearing gossans on three separate ELA’s Never been drilled. Potential for shallow open cut
Slide 17: Current Status on Permitting in Saudi
Excellence in Discovery Current Status on Permitting in Saudi Exploration Initial Modify Technical DMMR Arrang Imara Emir Province DMMR Riyadh Licence DMMR ELA as Report Imara e Date Committ Approval/ Approval/ Finalisation Approval Application Review Required Submitte Committee of ee Disapproval Di
Slide 18: Imara Merkez Meetings
Excellence in Discovery Imara Merkez Meetings • . Imara meetings are attended by 12 or more representatives of Government Agencies and Committees at the exploration application area. The Committee assesses the impact of exploration on a number of issues including, archaelogical sites, agriculture, w
Slide 19: Forward Work Programme
Excellence in Discovery Forward Work Programme Selib North Mapping and prospect scale sampling to commence in July. Work will slow down during Ramadan (August) and September- National holidays for 10 days. Soil sampling, trenching and possibly geophysical surveys will be performed to generate drill
Slide 20: Turkey
Excellence in Discovery Turkey The Department of Mines and Energy in Turkey has not released any new areas for public tender for Group IV minerals (precious and base metals) for almost two years. The only way to acquire ground from the DME is by application for areas that were “free two years ago” a
Slide 21: Turkey
Excellence in Discovery Turkey In 2011, KEFI sold the Derinin Tepe (aka Kizilcukur) licence to Ariana Resources. KEFI drill tested the epithermal veins in 2007 and 2008. Some high grades were encountered, but the resource is unlikely to be a “stand alone” mine. The sale was for a nominal amount of c
Slide 22: Turkey
Excellence in Discovery Turkey KEFI sold the Yatik property to Koza Altin, the operator of the Ovacik mine and currently developing the Kaplan deposit. The sale was for $150,000 and a 2.5% NSR from all metals produced. The Yatik epithermal gold vein lies in a highly productive gold structural zone.
Slide 23: Corporate
Excellence in Discovery Corporate 364,979,689 Ordinary Shares in issue . KEFI Minerals Plc Approx £19M Mcap from www.iii.co.uk 28.6 million options and warrants with exercise prices of 1p to 7p. The significant shareholders in KEFI are: EMED Mining (18.5%); BARCLAYSHARE Nominees Limited (8%); TD Wat