KEFI Minerals (AIM: KEFI), the emerging gold miner with projects in the
Kingdom of Saudi Arabia and Democratic Republic of Ethiopia, is pleased
to provide its third quarter operational update for the period from 1
July to 30 September 2014 as well as post-period events.
Highlights:
* Received final independent verifications and approvals to
enable, post period, reactivation of Mining Licence Application
* Acquired remaining 25% of Tulu Kapi gold project from previous
owner, which gives the Company full control and funding flexibility
* Post period, received headline indicative terms for project
finance from several financial institutions, which is intended to be
implemented in parallel with the project development timetable
* Jibal Qutman: Drilling and trenching continued with
mineralisation remaining open in three of the five adjacent pits
included in the reported Mineral Resource
Please find further information in the attached announcement.
Thank you for your continued interest!