Our aim is to add value to our projects and create wealth for our stakeholders through the cost-effective discovery or acquisition and subsequent development of gold and base metal deposits. Concurrent with exploring its current core projects, the Company also seeks to generate or acquire additional high quality exploration projects at low cost and to advance these quickly and cost effectively to the drilling stage.
KEFI Mineralsí exploration strategy is based on the following concepts:
Combining strong international and local knowledge in exploration models and techniques;
Selecting areas within prospective stratigraphic and structural settings with a high potential for gold or base metal mineralisation;
Exploring projects as a package rather than individual isolated prospects;
Rapidly identifying, prioritising and assessing targets;
Creating new contacts and further developing knowledge using an established local team;
Utilising technical and commercial support from EMED Mining as required.
KEFI Mineralsí extensive exploration database provides the Company with a competitive advantage to identify prospective areas for project generation in Turkey. Monitoring of the exploration licence status of geologically prospective areas will be carried out on an ongoing basis so that KEFI Minerals can acquire further exploration opportunities as soon as they become available.
Since listing, we have successfully expanded our exploration portfolio in Turkey and currently have 21 Explorations Licence applications pending in the Kingdom of Saudi Arabia. We have also assessed and relinquished a number of licences in Turkey that did not live up to earlier expectations.