KEFI Minerals JV awarded fourth licence in Saudi Arabia

Gold and copper exploration company KEFI Minerals has received its fourth mineral exploration licence in Saudi Arabia for a period of five years; it has been granted to the Gold and Minerals Joint Venture (JV), in which KEFI has a 40 per cent interest.

Gold and copper exploration company KEFI Minerals has received its fourth mineral exploration licence in Saudi Arabia for a period of five years; it has been granted to the Gold and Minerals Joint Venture (JV), in which KEFI has a 40 per cent interest.

The licence covers an area of 99.9k square km and hosts part of the prospective Nabitah-Tathlith Fault Zone, a 300km-long fault structure with over 40 gold occurences and ancient gold mines.

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