Kefi Gold And Copper Share Discussion Threads

[alhambra1] 09/5/2024 08:11

hxxps://www.sharesmagazine.co.uk/news/market/LSE20240509070008_5175007/drilling-programmes-confirm-potential-of-hawiah

Clarification for rain-rolf.....

[stockhunters] 09/5/2024 08:11

it is a great rns in a copper and gold bull market

[rainyrain] 09/5/2024 08:02

At least someone else is working on it whilst Harry "triggers project launch" in Ethiopia. Just out of curiosity, how long has H been triggering this launch ROFLMFAO!

[robjm66] 09/5/2024 07:58

Copper



“We continue to forecast a shift into open-ended and mounting metal deficits from 2024 onwards,” the bank’s analysts, including Nicholas Snowdon, wrote in a note. There’s potential for a “stockout episode” — in which inventories run extremely low — by the fourth quarter, they said.

[rainyrain] 09/5/2024 07:56

Highly successful drill program? Personally I'd like to see a Highly successful NPV and IRR from a Highly successful engineering firm who did the study! All imho!

[rainyrain] 09/5/2024 07:54

Alright m8 how about they get a proper feasibility study done on it then we can talk ROFLMFAO!

[1deedee] 09/5/2024 07:53

Hawiah is going to be massive an absolute monster, and will dwarf everything else including Ethiopia excellent news again.

[robjm66] 09/5/2024 07:41

These intercepts have extended the vertical depth of known mineralisation at Hawiah to 740m and increased the down-plunge extent of the Crossroads Extension Lode by a further 270m.

· At the satellite Al Godeyer deposit, a second phase of drilling comprising 4,500m has recently commenced to infill and expand its maiden MRE reported in 2023 (see announcement dated 3 April 2023).

· These two drilling programmes are on track to upgrade at least 90% of the >30 million tonne combined MRE to the Indicated Resource category, forming the basis for Ore Reserves.

recent drilling based on geological modelling and interpretation has now discovered a similar VMS copper-gold-zinc-silver system at Abu Salal located around 50km south of Hawiah.

"The recent Abu Salal discovery has confirmed that the large Hawiah deposit itself is only the first in a cluster of deposits

"Similar VMS signatures can be witnessed elsewhere on our portfolio of assets, where we would accordingly expect further discoveries to be made. GMCO has a portfolio of
15 exploration licences in Saudi Arabia.

Hawiah's status has recently been further highlighted by the granting of EL's, contiguous to GMCO's within the Wadi Bidah, to the Saudi Government-controlled company ("Ma'aden") and its local exploration joint venture with Ivanhoe Electric, which has announced that the Wadi Bidah is one of the top 4 priority targets for their proprietary deep-probing geophysical survey technology (the 'Typhoon' electromagnetic 'EM' method).

KEFI's GMCO joint venture partner ARTAR has agreed to fund the ongoing programme at present to ensure swift progress continues in Saudi Arabia whilst KEFI triggers project launch in Ethiopia at the high-grade Tulu Kapi Gold Project.

[shortarm] 09/5/2024 07:40

You do know there is monetisation all the way to that level and 970m is not vertical?Haha, you don't do you! They could be drilling sideways for all you know - genius x· Hawiah's status as the third largest base-metal development project in the now burgeoning Saudi Arabian minerals sector has been reaffirmed by this highly successful exploration programme.

[the grumpy old men] 09/5/2024 07:33

9 May 2024

KEFI Gold and Copper plc

("KEFI" or the "Company")

Substantial Drilling Programmes Confirm Potential of Hawiah Copper-Gold Project

Hawiah remains on track to become a major base metal mine in Saudi Arabia

KEFI Gold and Copper Plc (AIM: KEFI), the gold and copper exploration and development company which has focused on the Arabian-Nubian Shield since 2008, is pleased to provide an operational update for the Hawiah Copper-Gold Project ("Hawiah") in the Company's minority-owned Gold & Minerals Ltd ("GMCO") joint venture.

Highlights

· At Hawiah, over 50,000m of the 65,000m infill drilling programme is complete in preparation for updating the existing 29.0Mt Mineral Resource Estimate ("MRE") (see announcement on 9 January 2023), with results in-line with expectations as modelled.

· Recent drilling highlights include:

o HWD_222 intersecting 8.6m (7.5m ETW) of massive sulphide averaging 0.8% copper, 0.4% zinc, 0.5 g/t gold and 8.1g/t silver from 970.2m; and

o HWD_246 intersecting 9.3m (8.4m ETW) of massive sulphide averaging 0.7% copper, 1.0% zinc, 0.6 g/t gold and 10.2 g/t silver from 872.7m.

· These intercepts have extended the vertical depth of known mineralisation at Hawiah to 740m and increased the down-plunge extent of the Crossroads Extension Lode by a further 270m.

· At the satellite Al Godeyer deposit, a second phase of drilling comprising 4,500m has recently commenced to infill and expand its maiden MRE reported in 2023 (see announcement dated 3 April 2023).

· These two drilling programmes are on track to upgrade at least 90% of the >30 million tonne combined MRE to the Indicated Resource category, forming the basis for Ore Reserves.

· Earlier-stage exploration is also ongoing at other potential Hawiah satellite deposits, including at the recently announced Abu Salal discovery.

· Hawiah's status as the third largest base-metal development project in the now burgeoning Saudi Arabian minerals sector has been reaffirmed by this highly successful exploration programme.

[stockhunters] 09/5/2024 07:28

nice bonus copper and gold news

[rainyrain] 09/5/2024 07:10

Wow from 970 metres depth? Are you kidding me? Not exactly deep underground mining grades 8.6m at .08 % Cu needed around 5% for that depth imho LoL ! All imho! How much will it cost to burrow almost a thousand metres under your feet ROFLMFAO all imho!

[douglascomb] 09/5/2024 07:02

Very positive RNS troops

[randompath] 08/5/2024 19:58

It’s no bad thing to have liquidity in the stock to facilitate sells. Hopefully posters that have nothing better to do than post downbeat comments day in day out will now take the opportunity to get out (if not done already) and jog on to pastures new leaving the boards free for more productive discussion for investors who are long Kefi and who think the company has an excellent 18 month runway ahead.

[blue square] 08/5/2024 19:53

In fact PM Abiy visited wellega today
not yesterday,a crowd of 50000 came
out to show their support.
His message to the crowd, oromo's
have to stick together, oromia time
has come.
The concensus is that the war in
Amhara is making Abiy more popular
in Oromia.

[institutional investments] 08/5/2024 18:29

Be some selling tomorrow or Monday as per norm. They are good at regularly finding gerbils

[1deedee] 08/5/2024 18:27

Bitter I bet they drink bitter

[shortarm] 08/5/2024 18:12

Oof, jealousy is such an awful thing mate! Like have a beer and chill?

[monte1] 08/5/2024 17:49

Was robjm66 there with his flag?

tia

[blue square] 08/5/2024 17:44

PM Abiy visited wellega yesterday,
thousands gathered to show support.

[dudishes] 08/5/2024 17:43

Kefi open pit mining is precisely the issue with Madroc. TOXIC.

When the Red Cross turn up, one knows that there is an issue.

320million still buttons one notes.

[dudishes] 08/5/2024 17:30

Luvly jubbly, finally reached Uncle Tom's buy @ 0.6p.

Notice the term Policing!

Policing didn't help MIDROC mine, as locals cut off their electricity supply!

5 killed in riots.

Toxic waste control not mentioned.

Finance nearly nearly nearly there!

Shovel and gun may be required although locally it is just a minor issue of health.

[stockhunters] 08/5/2024 12:43

even 0.6 is near all time lows

price on signing a bag or 2?