Transaction date: Feb 12
Transaction type: Placing
KEFI Minerals is an exploration Company focused on exploring for
world-class mineral deposits in the well-endowed and under-explored
Tethyan Mineral Belt of Turkey and Arabian Shield of Saudi Arabia.
Following its listing in late 2006, KEFI Minerals has established
itself as an innovative gold and copper exploration Company and has
quickly expanded its exploration portfolio.
In Turkey, the focus is large low-sulphidation epithermal gold
systems and porphyry-style gold-copper systems, analogous to
several >1 million ounce gold deposits recently discovered and
developed in the western part of the country. In Saudi Arabia,
exploration is focused on mesothermal vein-hosted gold
mineralisation, listwaenite-hosted gold deposits and Kuroko-style
volcanogenic copper-zinc mineralisation.
The Company's aim is to expand through the discovery, further
acquisition and development of high quality precious and base metal
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