Kefi Gold And Copper Plc · LSE:KEFI
Kefi Gold And Copper — Africa Down Under Conference 2022
19 slides from Kefi Gold And Copper's conference presentation, Aug 31, 2022
Slide 1: Africa Down Under
KEFI GOLD + COPPER AFRICA DOWN UNDER 31 August 2022 1
Slide 2: Disclaimer
KEFI GOLD + COPPER Disclaimer The information contained in this document (“Presentation”) has been prepared by KEFI Gold and Copper plc (the “Company”). While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agent
Slide 3: Introduction
KEFI GOLD + COPPER Introduction • KEFI IPO in 2006 as junior explorer of frontier markets for the mining sector • We are at the forefront of the mining sectors of Ethiopia and Saudi Arabia • We now have 3 advanced development projects and an excellent exploration portfolio: • Tulu Kapi Gold in Ethio
Slide 4: Board of Directors
KEFI GOLD + COPPER Board of Directors Harry Anagnostaras-Adams – Executive Chair – B. Comm, MBA, Fellow of Australian Institutes of Management & Company Directors Harry was founder or co-founder of Citicorp Capital Investors Australia, investment company Pilatus Capital, Australian Gold Council, EME
Slide 5: Senior Management
KEFI GOLD + COPPER Senior Management Executive Chairman and Finance Director Plus…. Eddy Solbrandt – Ethiopia Brian Hosking – Saudi Arabia Norman Green – Development Plus People & Systems Plus Planning & Exploration Norman is a graduate mechanical and professional engineer with the key experience of
Slide 6: Arabian-Nubian Shield: Companies Which Have Entered
KEFI GOLD + COPPER Arabian-Nubian Shield Companies Which Have Entered 6
Slide 7: KEFI will now build c. 450K oz pa Au-eq production for 2026
After some years of restricted progress KEFI GOLD + COPPER KEFI will now build c. 450K oz pa Au-eq production for 2026 KEFI beneficial interest c. 225K oz pa Au-eq 2022 2023 2024 2025 2026 Ethiopia Finance: Full Syndicate Umbrella Agreements 6-22 Construction Tulu Kapi Gold Definitive Agreements 9-2
Slide 8: Next Steps
KEFI GOLD + COPPER Next Steps Tulu Kapi Launch • August – Final contracting terms for the plant construction – Final contracting terms for the mining services • September – Government to resolve final detail for both banks to lend on same terms – Committee and board approvals of all key participants
Slide 9: Security Assessments
KEFI GOLD + COPPER Security Assessments August 2022 Ethiopia started to democratise in 2018 which elevated internal conflicts and security risks Security ranks safer than many mining sites KEFI’s project site is over 1000 km from conflicts in northern Ethiopia. Site activities continue with many loc
Slide 10: Tulu Kapi Gold Mine, Ethiopia
KEFI GOLD + COPPER Tulu Kapi Gold Mine, Ethiopia 10
Slide 11: Tulu Kapi Economic Metrics
Tulu Kapi Economic Metrics KEFI GOLD + COPPER At Gold Price US$1,591/oz Based on Open Pit Ore Reserves only 2021 Plan (8 year LOM contract mining) Waste:ore ratio 7.4:1.0 • 1Moz ore reserve at 2.1g/t within 1.7Moz resource at 2.7g/t Au Processing rate 1.9-2.1Mtpa Total ore processed 15.4Mt • AISC of
Slide 12: Fully Designed Mine and Plant
KEFI GOLD + COPPER Fully Designed Mine and Plant Below: 3-D image of Tulu Kapi open pit and underground deposit Above: 3-D image of plant designed for Tulu Kapi
Slide 13: Independent Validation of Ethiopia's 1st mover project - Tulu Kapi
KEFI GOLD + COPPER Independent Validation of Ethiopia’s 1st mover project - Tulu Kapi Security Due Diligence Financial Model Environmental & Social Definitive Feasibility Study Resources & Reserves 13
Slide 14: Gold and Minerals LLC, Saudi Arabia
Gold and Minerals LLC KEFI GOLD + COPPER Saudi Arabia • Left is a +4km-long surface exposure of the Hawiah orebody. The rock reveals copper-staining and easy-to detect gold mineralisation • It was identified decades ago by the French Geological Survey as part of a cluster of such deposits • KEFI-ope
Slide 15: Existing Asset Overview - Saudi Arabia
KEFI Existing Asset Overview - Saudi Arabia GOLD + COPPER Hawiah (30%) Objectives for 2022 • 2021 Mineral Resource 24.9Mt at 0.9% Cu and 0.62g/t Au • Upgrade and expand the Oxide Resource • In-situ gold equivalent of 2.2Moz versus Tulu Kapi 1.7Moz • Explore the Central Zone of the Hawiah ridgeline K
Slide 16: Project Locations
KEFI GOLD + COPPER Project Locations Qunnah-Hilit (2) Umm Ash-Shalaheeb (1) Jadid Al Qahtanah (1) Hawiah 3 EL + (3) Al Miyah Jibal Qutman MLA + 4 JQ ELAs (3) (4) Lorelon (5) G&M (ARTAR) holds 3 exploration licences and a further 19 applications (ELA’s) covering 1380 Km2
Slide 17: Hawiah Project Resource Statement and Classification
KEFI GOLD + COPPER Hawiah Project Resource Statement and Classification 2020 2021 • Major greenfield discovery made in September 2019 Total Resource 19.3 24.9 • 42,000m drilling programme over 3 years Cu Grade (%) 0.9 0.9 Au Grade (g/t) 0.6 0.62 • Mineral Resource of 24.9Mt (0.9% copper, 0.85% zinc,
Slide 18: Jibal Qutman Geology and Resource
KEFI GOLD + COPPER Jibal Qutman Geology and Resource • JQ is a typical shear hosted orogenic gold deposit with comprising a weathered oxide cap and lower un- weathered ore body • There are currently 7 recognised zones of mineralization • Resource drilling has so far only been explored to a depth of
Slide 19: Thank You
KEFI GOLD + COPPER Thank You Email: info@kefi-minerals.com @kefiminerals KEFI Minerals plc Website: www.kefi-goldandcopper.com 19
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