KEFI Minerals (GB:KEFI) has released an update.
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KEFI Gold and Copper PLC’s Saudi Arabian joint venture, Gold and Minerals, has advanced its mining projects with substantial drilling programs, forthcoming resource estimates, and innovative metallurgical testing. The Jibal Qutman and Hawiah projects show potential for significant gold, copper, zinc, and silver deposits, with KEFI aiming to elevate its position as a leading Saudi metals producer. The company is also exploring regional opportunities and optimizing development strategies, anticipating reduced discovery costs and potential reimbursement of pre-development expenditures by Saudi financing initiatives.
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