Kefi Gold And Copper Plc · LSE:KEFI
Kefi Gold And Copper — KEFI Minerals — IPO Roadshow (November 2006)
24 slides from Kefi Gold And Copper's IPO roadshow presentation, November 2006
Slide 1: Excellence in Discovery
Excellence in Discovery NOVEMBER 2006 www.kefi-minerals.com
Slide 2: Disclaimer
Excellence in Discovery Disclaimer • This presentation has been issued in connection with the proposed placing (the “Placing”) of new ordinary shares in KEFI Minerals plc (the “Company”) and admission (“Admission”) of the entire issued and to be issued ordinary share capital of the Company to tradin
Slide 3: Company Information
Excellence in Discovery COMPANY INFORMATION • 19 exploration licences in Turkey. • 1 exploration licence in Bulgaria. • Exploration focused primarily on Turkey which has already attracted 15 companies including five majors and has recently permitted three new gold mines. • Pipeline of new projects t
Slide 4: Directors
Excellence in Discovery DIRECTORS • Harry Anagnostaras-Adams, Non-Executive Chairman Currently Managing Director of AIM-listed EMED Mining. Formerly Managing Director of ASX and AIM- listed Gympie Gold and Deputy Chairman of Australian Gold Council, Executive Director of investment company Pilatus C
Slide 5: Corporate Objectives
Excellence in Discovery CORPORATE OBJECTIVES • Create shareholder value through strategy to discover gold and copper deposits of +1M oz gold deposit (or equivalent) size and develop mines. • Focus on the underexplored highly prospective Tethyan Metallogenic Belt which hosts a number of world class g
Slide 6: Core Projects
Excellence in Discovery CORE PROJECTS TURKEY • Artvin Project 253 sq kms, 15 licences. The Directors believe that the area is prospective for Volcanic Massive Sulphide (VMS) and epithermal gold mineralisation. Located in the vicinity of other polymetallic (base metal, gold mines). • űmű Gű űshane Pr
Slide 7: Project Locations
Excellence in Discovery PROJECT LOCATIONS 7
Slide 8: Turkey
Excellence in Discovery TURKEY • Significant mining history containing deposits – Cayeli reserves of 19.7Mt at 4.2% Cu, 6.5% Zn, Kisladag 7Moz Au, Copler 5Moz Au, Murgul 80Mt 1.1% Cu. • Recent changes to the Mining Law and a progressive development attitude of the Government have generated a positiv
Slide 9: New Gold Mining Projects in Turkey
Excellence in Discovery New Gold Mining Projects in Turkey • Ovacik Gold Mine 2001, (Normandy Mining), 0.8Moz Au. • Kisladag Gold Mine 2006, (Eldorado Gold Corp), 7Moz Au. • Mastra Gold Mine 2006, Mine in construction (Koza Gold), 0.6Moz Au. • Copler Gold Deposit 2006, Feasibilty Study filed (Anatol
Slide 10: Map of Major Mines and Deposits in Turkey
Excellence in Discovery Map of Major Mines and Deposits in Turkey 10
Slide 11: Turkey
Excellence in Discovery TURKEY The Eastern Pontides are part of a metallogenic province 11 with numerous historically mined deposits and new emerging producers.
Slide 12: Turkey - Artvin
Excellence in Discovery TURKEY - ARTVIN Intensely silicified volcanics outcropping in the Űzűmlű area Example of quartz pyrite veining 12 from Űzűmlű workings
Slide 13: Turkey - Artvin
Excellence in Discovery TURKEY - ARTVIN 13
Slide 14: Turkey - Gümüşhane
Excellence in Discovery ŰMŰ TURKEY - GŰ ŰSHANE Example of silicification and quartz veining near Oylumdere Alteration zone 14
Slide 15: Gümüşhane Prospect, Turkey
Excellence in Discovery ŰMŰ GŰ ŰSHANE PROSPECT, TURKEY 15
Slide 16: Turkish Database
Excellence in Discovery TURKISH DATABASE • KEFI owns an extensive exploration database which contains individual target assessments of 100 prospects in Turkey. • It comprises 14 hard copy reports, 38 hard copy maps and a large volume of other data in digital format. • Identifies prospective areas fo
Slide 17: Bulgaria
Excellence in Discovery BULGARIA • Bulgaria has a tradition of mining for base metals and precious metals and has a number of operating mines, with five major foreign mining companies including Dundee Precious Metals (C$579M MCap), Mediterranean Minerals, Balkans Gold and Hereward Ventures currently
Slide 18: Bulgaria Lehovo Project
Excellence in Discovery BULGARIA LEHOVO PROJECT Located in the Pirin Metallogenic region of south Bulgaria. Recently discovered potential for gold and base metal mineralisation is hosted in an 8km long 18 structural corridor
Slide 19: Bulgaria: Lehovo
Excellence in Discovery BULGARIA: LEHOVO Massive quartz sulphide veining at Kazaniteh area (road cutting) Quartz sulphide veining at Touchi Dol 19 mine dump
Slide 20: Financing
Excellence in Discovery FINANCING • The Company has been funded to date by ₤300,000 loan from EMED and by seed investors injecting ₤120,000 over past 2 years for shares at 1p per share and have ₤500,000 investment into IPO Placing at 3p per share • IPO Placing seeking to raise up to ₤1.5 million, (₤
Slide 21: Use of Proceeds
Excellence in Discovery USE OF PROCEEDS KEFI has a budget and cash flow set out for the 18 month period ended 30 June 2008 for ₤1.2 million. The exploration budget, for the first year can be summarised in the following table: Turkey- Turkey- Bulgaria- Project Cost Area Artvin Gümüşhane Lehovo Genera
Slide 22: Timetable
Excellence in Discovery TIMETABLE • 23 November – 1 December: Anticipated marketing. • 7 December: Anticipated p-proof meeting. • 8 December: Placing Letters dispatched. • 21 December: Anticipated Admission Date. 22
Slide 23: Placing Statistics
Excellence in Discovery PLACING STATISTICS • UK Plc Legal Entity • Market: AIM (KEFI) • Placing price: 3p • Market cap on Admission: ₤2.7 million • Estimated gross proceeds of the Placing: up to ₤1.5 million 23
Slide 24: Contact Details
Excellence in Discovery CONTACT DETAILS KEFI Minerals Plc 3 Agios Demetrios Street Nicosia, Cyprus Tel: +357 2244 2705 Fax: +357 2242 1956 Email: info@kefi-minerals.com Web: www.kefi-minerals.com 24