KEFI Minerals plc - (AIM ticker: KEFI)
website: www.kefi-minerals.com



2009
Kefi Minerals, a spin-off from 29% holder EMED plc, is an early stage gold and copper exploration company operating a joint venture in Turkey with TSX-listed Centerra Gold and in Saudi Arabia where it is operator of the 60:40 joint venture (GEMCO) with local conglomerate ANTAR and enjoys a first-mover advantage into the field of Saudi exploration, seeking to identify and develop local million ounce plus gold deposits.

Kefi’s two most advanced exploration projects are Artvin in the north east and Derinin Tepe in the west of Turkey, but it has already identified several other attractive prospects to evaluate in other regions of the country. The Artvin Project comprises fifteen contiguous exploration licences covering 253 sq. km. A gold discovery at its Yanikli Prospect has already been announced. Kefi should be producing by 2013 and its strategy already includes building a shareholder base in Turkey and actively participating in the Government tender process so as to acquire further quality tenure.

2008
Kefi Minerals, a spin-off from EMED plc, is an early stage gold and copper exploration company with six 100%-owned projects in Turkey. It owns an extensive exploration database which contains information regarding one hundred further prospective sites in Turkey, where recent changes to the mining law and the progressive development attitude of the Turkish Government have generated a positive environment for exploration and mining companies: the absence of any national public exploration archiving system in Turkey adds to the value of Kefi’s high quality prospecting reconnaissance database. Kefi’s two most advanced exploration projects are Artvin in the North East and Derinin Tepe in the West. The Artvin Project comprises fifteen exploration licences covering 253 sq. km. A gold discovery at its Yanikli Prospect has already been announced. The Derinin Tepe gold prospect was mined in Roman times and Kefi carried out a nine hole diamond drilling programme there last year. Kefi should be producing by 2013 and its strategy already includes building a shareholder base in Turkey and actively participating in the Government tender process so as to acquire further high quality tenure. Kefi has relinquished its Lehovo interest but continues to evaluate other opportunities in Bulgaria.


2007
kefi Minerals is an early stage gold and copper exploration company with four 100%-owned projects in Turkey and one in Bulgaria. It owns an extensive exploration database which contains information regarding some one hundred further prospective sites in Turkey, where recent changes to the mining law and the progressive development attitude of the Turkish Government have generated a positive environment for exploration and mining companies. Kefi has recently announced a gold discovery at its Yanikli Prospect in the Artvin project in north eastern Turkey, with geological mapping and geochemical data already having defined 15 new targets in the same project area. The Bulgarian interest is focused on the Lehovo project area, located 150 km south of Sofia and bordering Greece, where Kefi has met with encouraging results for gold and silver from its initial rock chip sampling work. Bulgaria has a long tradition of mining for base metals and precious metals and currently has a number of operating mines; the growing benefits of the change-over from a state to a market economy form an increasingly attractive background to the local mining sector.