お知らせ • Feb 18
KEFI Gold and Copper Plc Announces an Upgrade to the Mineral Resource Estimates At the Hawiah Copper-Gold Project
KEFI Gold and Copper Plc announced an upgrade to the Mineral Resource Estimates ("MRE") at the Hawiah Copper-Gold Project ("Project"), part of the Saudi Arabian joint-venture Gold and Minerals Company Limited ("GMCO"). Highlights: Substantial increases and upgrading of the Mineral Resource Estimates for both the main Hawiah deposit and the nearby Al Godeyer deposit. Hawiah Mineral Resource Estimate has increased by 25% or 7.3 million tonnes ("Mt") to 36.2 Mt at 0.82% copper, 0.85% zinc, 0.64g/t gold and 10.0g/t silver, representing a tonnage increase of 25%. Total contained metal is now: 297,000 tonnes of copper (up 16% from 258,000 tonnes); 310,000 tonnes of zinc (up 14% from 272,000 tonnes); 745,000 ounces of gold (up 20% from 620,000 ounces); and 11.6 million ounces of silver (up 23% from 9.4 million ounces). Hawiah Indicated Resource increased to 30.5Mt (up 146% from 12.4Mt) and upgraded to 85% of the total Hawiah Resource. Hawiah Resources reporting to the Open-Pit Scenario have increased to 12.7Mt (up 14% from 11.1Mt) and all in the Indicated Category, reaffirming the potential for an initial open-pit mining operation and a lower start-up capital requirement. Al Godeyer Mineral Resource Estimate has increased by 0.65Mt to 2.0Mt at 0.93% copper, 0.53% zinc, 1.21g/t gold and 7.4g/t silver, representing a tonnage increase of 48% and all in the Indicated Category. Resources for the Hawiah Copper-Gold Project now total 38.2Mt, of which 14.7Mt report to Open-Pit Scenarios. The recently granted Umm Hijlan Exploration Licence ("EL"), adjoining the original Hawiah EL which hosts the MRE reported herein, has already been demonstrated to contain the southern strike continuation of the main Hawiah volcanic massive sulphide ("VMS") system. The Umm Hijlan EL consolidates a 210km strategic licence area for GMCO and offers the prospect of adding significant additional oxide and sulphide resources. Overall, the results of the updated MRE, combined with the prospectivity of the expanded licence holdings,provide a solid foundation for long-term development planning for what was already the third largest base metals development project in Saudi Arabia. Updated Hawiah MRE: GMCO appointed The MSA Group (Pty) Ltd. ("MSA") as the Independent Consultants and Competent Person to prepare updated MREs for Hawiah and Al Godeyer in accordance with the Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves ("JORC Code 2012"). The Hawiah and Al Godeyer MREs were recentlysigned off by MSA and then reviewed by GMCO and KEFI. The updated MRE for the Hawiah deposit is detailed in Table 1 below and now totals: 36.2 Mt at 0.82% copper, 0.86% zinc, 0.64g/t gold and 10.0g/t silver. Resources are classified as: Indicated- Open Pit - 12.7Mt at 0.85% copper, 0.83% zinc, 0.81g/t gold and 10.8g/t silver; Indicated- Underground - 17.8Mt at 0.85% copper, 0.91% zinc, 0.56g/t gold and 9.9g/t silver; Inferred- Open Pit - 0.01Mt at 1.18% copper, 1.14% zinc, 0.65g/t gold and 9.6g/t silver; Inferred- Underground - 5.7 Mt at 0.69% copper, 0.74% zinc, 0.51g/t gold and 8.4g/t silver. Based on this MRE, the Hawiah deposit is estimated to contain a total of 297,000 tonnes of copper, 310,000 tonnes of zinc, 745,000 gold ounces and 11.6 million silver ounces. Updated Al Godeyer MRE: 2.0 Mt at 0.93% copper, 0.53% zinc, 1.21g/t gold and 7.4g/t silver, and 94% of the MRE is now in the Indicated Resource category (previously all in the Inferred Resource category). Based on this MRE, the Al Godeyer deposit is estimated to contain a total of 18,500 tonnes of copper, 10,600 tonnes of zinc, 77,900 gold ounces and 0.5 million silver ounces.