KEFI Gold and Copper believes Tulu Kapi Project "lining up to go"
May 04, 2023 at 08:08 am EDT
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KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) CEO Harry Anagnostaras-Adams updates Thomas Warner from Proactive about progress on the Tuli Kapi Project in Ethiopia. Anagnostaras-Adams has been in Addis Ababa to push the project forward and to attend a ceremony marking Ethiopia's shift to private sector funding for development projects.
He expresses positivity about the direction of the project, saying that "everyone can see its lining up to go" and to "watch this space." KEFI Gold and Copper is hoping to begin construction at Tulu Kapi by the fourth quarter of 2023.
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Proactive UK Ltd
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uk@proactiveinvestors.com
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KEFI Gold and Copper Plc, formerly KEFI Minerals plc, is a gold exploration and development company. The Company focuses on gold and copper deposits, primarily in the prospective Arabian-Nubian Shield. The Company operates through the mineral exploration segment. The Company operates in Ethiopia and Saudi Arabia. The Company's projects include Tulu Kapi project, Jibal Qutman EL and Hawiah EL. The Jibal Qutman EL project is located in the central southern region of the Arabian-Nubian Shield and covers an area of over 100 square kilometers. The Company focuses on producing gold through an open cut operation. The Tulu Kapi gold project is located in Western Ethiopia. The Tulu Kapi project is located approximately 360 kilometers due west of Ethiopia's capital, Addis Ababa. The Tulu Kapi project includes an ore reserve of over 1.1 million ounces and mineral resources totaling 1.7 million ounces of gold.