🕐28.09.10 - 11:54 Uhr

KEFI Minerals: Interims reveal continuing focus on fast-tracking gold and copper discoveries



Good morning, KEFI Minerals, the AIM-quoted gold and copper exploration company, with projects in Turkey and Saudi Arabia, is pleased to announce its unaudited interim results for the half-year ended 30 June 2010. *Highlights* - Progress of exploration of several projects in Turkey. - Gold and Minerals (“G&M”) Joint Venture in Saudi Arabia has lodged 21 Exploration Licence Applications (“ELAs”) covering approximately 2,100km2 . - Saudi Arabia’s Deputy Ministry for Mineral Resources (“DMMR”) has visited six of 21 ELAs to date. - Several applications lodged by G&M Joint Venture at advanced stage; expected to be granted in the near future. - Yatik Project in Turkey sold for net cash consideration of US$150,000 and 2.5% Net Smelter Return royalty. - Full ownership of Artvin Project in Turkey will revert to KEFI Minerals following withdrawal of Centerra Gold Inc.

(“Centerra”) from the Artvin Joint Venture. - Loss for half-year period totalled £369,000 (cf.

£692,000 for half-year 2009). KEFI Minerals’ Managing Director, Jeff Rayner, commented:
“KEFI Minerals continues to progress effective exploration programmes that aim to fast-track gold and copper discoveries and the eventual development of new mines.
“These prospects, combined with strengthening gold and copper prices, provide an exciting opportunity to create exceptional value for shareholders.

The Company will continue to maintain its tight focus and risk management.
“KEFI Minerals is now established in two countries within a great metallogenic region.

We will continue to explore in a cost-effective manner with the intention of making significant discoveries.”
Kind regards,
Tom *Tom Walker│ Account Executive*│ Bishopsgate Communications Ltd DDI 0207 562 3369 │ Mobile 07919145838 3rd Floor, 3 London Wall Buildings, London Wall, London, EC2M 5SY Website www.bishopsgatecommunications.com
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