KEFI Gold and Copper PLC · LSE:KEFI
KEFI Gold and Copper — KEFI Minerals — Investor Presentation (November 2019)
18 slides from KEFI Gold and Copper's investor presentation, Nov 25, 2019
Slide 1: First Modern Industrial-Scale Mine for Decades
First Modern Industrial-Scale Mine for Decades In Ethiopia - Africa’s Highest Growth Country Official Project Launch 25 November 2019 • Tulu Kapi Gold Mine development planned to start January 2020 • Production scheduled at 140 K oz p.a. for 8 years after 24 month build • Potential uplift to 200 K o
Slide 2: The information contained in this document (“Presentation”) has been prepared by KEFI Minerals plc
The information contained in this document (“Presentation”) has been prepared by KEFI Minerals plc (the “Company”). While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers give, have g
Slide 3: Growth has commenced in the Arabian Nubian Shield - and now for Ethiopia
Growth has commenced in the Arabian Nubian Shield - and now for Ethiopia • Notable achievements in past decade: Centamin’s 13M oz gold Mineral Resources and 500K oz pa (16 t pa) production in Egypt, Sudanese artisinal gold production lifting gold exports from < 10 t in 2008 to > 100 t in 2018, major
Slide 4: Corporate Overview
Corporate Overview Summary Summary (1) AIM code KEFI KEFI was until recently grass roots explorer. KEFI is now an explorer, Share price - 12 mth 0.6p (low)/2.2p (high) developer and hands-on operator of mining joint ventures for influential Share price (22/11/2019) 1.6p and financially strong loca
Slide 5: KEFI Financing Structure
KEFI Financing Structure Management Public and and Contractors Institutions ARTAR (1) 60% 40% KEFI Minerals Project Finance Saudi Arabia plc (5) On-Site 80% Infrastructure 20% KEFI Ethiopia ANS Mining (3) Past $60M New $38M equity equity 22%* 56%* Govt. of Ethiopia New $20M equity 22%* 1. ARTAR is S
Slide 6: KEFI's Board of Directors
KEFI’s 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, EMED Mining, KE
Slide 7: KEFI's Senior Management Plus....
KEFI’s Senior Management Executive Chairman and Finance Director Plus…. David Munro - Operations Eddy Solbrandt – People & Systems Brian Hosking – Planning & Exploration Norman Green – Development David began his career as a mining engineer in Eddy began his career in the mining industry in Brian be
Slide 8: Ethiopian Projects
Ethiopian Projects View a video summarising KEFI’s projects in Ethiopia here 8
Slide 9: Ethiopia Exploration Upside
Ethiopia Exploration Upside Ethiopia – an Emerging Gold Province • Tulu Kapi Gold Mines (TKGM) has maintained a strong social license to operate and continues to engage with a multitude of stakeholders including government, community, and NGOs. • Environmental and Social standards compliant with Eth
Slide 10: Tula Kapi Gold History
Tula Kapi Gold History Project Timeline • 1930s Discovered and mined on a small scale by an Italian consortium • 2009 Nyota Minerals Limited acquired the licences and undertook extensive exploration and drilling • 2012 Nyota Minerals publish an initial DFS based on a 2.0 Mtpa processing plant, capex
Slide 11: Tula Kapi - Resources & Reserves (JORC 2012)
Tula Kapi - Resources & Reserves (JORC 2012) Geological Overview Reserves Cut-off Tonnage Gold Grade Cont. Gold • The Tulu Kapi region comprises typical greenstone characterised by prominent (g/t) (millions) (g/t) (Moz) hills of intrusive rocks and deeply incised valleys hosting both metasediments H
Slide 12: Overview of Post-DFS Refinements
Overview of Post-DFS Refinements 2018 Plan Agreed with Contractors 2018 Plan compared with most recent DFS Key mining and financial parameters from these studies are As part of the due diligence for financing, KEFI has agreed 2018 Plan with the summarised in the table below. contractors and it has b
Slide 13: Tulu Kapi's Underground Potential
Tulu Kapi’s Underground Potential Gold mineralisation may extend both beneath the current drilling, and 600m to 800m further to the north – potential for 1 Moz below current open pit. • Base Case Internal PEA on the August 2014 resource of 1.45Mt at 6.3g/t (333koz contained gold) extends beyond curr
Slide 14: Saudi Arabian Projects
KEFI operates Gold&Minerals Joint Venture For Partner - Saudi Conglomerate ARTAR Saudi Arabian Projects View a video summarising KEFI’s projects in Saudi Arabia here 14
Slide 15: Why Saudi Arabia Now?
Why Saudi Arabia Now? Reuters Feb 2019: Saudi Arabia to spend $3.8 billion to enhance mineral exploration Saudi Arabia will invest around $3.8 billion to enhance access to geoscience data and reduce regulatory red tape as it looks to boost mineral exploration, senior government officials said. New M
Slide 16: Why Wadi Bida VMS Belt as Current Focus?
Why Wadi Bida VMS Belt as Current Focus? G&M JV (via ARTAR) has registered applications for most of Wadi Bidah VMS Belt 120km long Wadi Bidah VMS Belt in Saudi Drilling has started at Hawiah: Assays pending. Ariab Mining Belt in Sudan and Hassai (VMS) (same scale) • Hassai deposit discovered by BRGM
Slide 17: Drilling has Started at Hawiah
Drilling has Started at Hawiah -part of 2,500m scout program targeting near-surface gold plus copper-gold in the massive sulphide. -Will then follow-up, targeting the stockwork at depth - G&M has Hawiah and other ELAs in the Wadi Bidah Belt which cover cumulative +12km of gold gossans on VMS. Goss
Slide 18: Thank You
THANK YOU Community consultation before development starts at Tulu Kapi Email: info@kefiminerals.com Website: www.kefi-minerals.com @kefiminerals KEFI Minerals plc 18
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