Mid-Tier Road Map
KEFI
GOLD + COPPER
Hawiah (30%)
Existing Asset Overview - Saudi Arabia
2021 Mineral Resource 24.9MT @ 0.9% Cu and 0.62g/t Au
In situ gold equivalent of 2.2Moz versus Tulu Kapi 1.7Moz
Drilling continues to expand resource inventory
Additional exploration licence granted (Al Godeyer) is direct
analogue to Hawiah and already enjoyed exploration success
.
Objectives for 2022
•
.
Upgrade and expand the Oxide Resource
Explore the Central Zone of the Hawiah Ridge line
Complete drill program on Al Godeyer Licence. Produce a Maiden MRE
Complete the Hawiah PFS ready for a ML application by Q4 2022
Jibal Qutman (30%)
Seeking to progress mining licence application
JORC Resource of 733,000oz gold, open at depth
PEA established for heap leach operation
Opex < $700/oz, Capex < $40M, Target production of 35,000oz
Objectives for 2022
•
Continue to work closely with the DMMR to approve Mining Licence
application.
Undertake a complete re-evaluation of the PEA to ensure compliance
with new Environmental and Mining regulations.
Develop coherent plan to move project into construction in 2023.
17View entire presentation