KEFI Minerals, an AIM-quoted gold and copper exploration company, has said fieldwork on its Hikyrin South and Selib North Exploration Projects in Saudi Arabia have reached the stage of drilling.
At Hykirin South, samples taken from the waste dumps of ancient mining have returned up to 16.3g per tonne (g/t) gold and an average of 5.9 g/t from 24 samples spread over a 700m strike length. At Selib North samples taken from areas of new discoveries and of ancient mining have returned up to 27.7g/t gold, 7.99g/t gold and included 7m at 1.18g/t gold.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Inheritance tax investigations catch out 1200 more families in HMRC crackdownWhere there is a suspicion inheritance tax has been underpaid, HMRC has extensive powers to check the deceased individual’s financial affairs and chase what is owed. Will you pay more?
-
Bank of England expected to cut interest rates despite sticky inflationEconomists and industry experts think that a weakening economy will force the MPC to stick to its cutting schedule in spite of inflation running above its target.
