Company Information for Kefi Minerals Plc

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AIM; KEFI View full financial data

Company Statement

KEFI Minerals has established itself as an innovative gold and copper exploration company. After incorporating in the United Kingdom in late 2006, it has quickly expanded its exploration portfolio.

Our strategy is to concentrate initially on exploring the prolific minerals endowment of Turkey and surrounding countries. We are primarily targeting large epithermal gold or porphyry gold-copper systems analogous to several +1 million ounce deposits recently discovered and developed in the Western Anatolia Region of Turkey.

In 2009, KEFI Minerals expanded its activities with the formation a new minerals exploration joint venture in the Kingdom of Saudi Arabia.

The Company has a strong management team and Board of Directors with highly demonstrable track records in Australia and Europe. Our reputation has been built on treating safety, environment and community relations as a priority at all times

KEFI Minerals’ 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 mineralisation in particular;
• Exploring projects as a package rather than individual isolated prospects;
• Rapidly identifying, prioritising and assessing targets; and
  Creating effective working relationships and further developing knowledge using an established local team.

The object of this strategy is to add value for shareholders by:

• Advancing our projects to resource stage through drilling;
• Targeting resources of >1 million ounces of gold in particular, or equivalent through exploration; and
• Identifying and fostering high-quality joint venture opportunities, with both international and local partners, in order to source capital and manage financing costs.

KEFI Minerals commenced trading on AIM (Code “KEFI”) in December 2006. EMED Mining contributed initial assets and retains a 29% shareholding.

Current Operations

In Turkey, KEFI Minerals currently has the following exploration projects:

1. At Derinin Tepe in the Western Anatolia Region, low-sulphidation epithermal quartz veins have been identified with gold and silver mineralisation.
2. At Artvin, in northeastern Turkey, extensive hydrothermal alteration and gold and base metal mineralisation have been recognised in the project area, as well as historical workings indicating potential for economic mineralisation. Artvin is a joint venture operated by KEFI Minerals and funded by Centerra Gold Inc, who has the right to earn up to 70% interest in the property by spending USD$6 million.
3. Bakir Tepe, in southwestern Turkey, is prospective for VHMS polymetallic deposits. High-grade gold and copper crop out on the peripheries of a shallowly buried geophysical chargeability anomaly.
4. At Yatik, in the Western Anatolia Region, low-sulphidation epithermal quartz veins with gold and silver mineralisation have been identified.
5. At Gumushane in eastern Turkey, areas of extensive hydrothermal alteration have been recognised in the project area, as well as coincident areas of interest identified through interpretation of Aster data.
6. Hasancelebi, in central Turkey, is prospective for high-sulphidation epithermal gold mineralisation and Iron-Oxide Copper-Gold (“IOCG”) mineralisation.
7. Muratdag, in the Western Anatolia Region, is prospective for Carlin-style epithermal gold mineralisation.

In the Kingdom of Saudi Arabia, KEFI Minerals has a minerals exploration joint venture with leading Saudi construction and investment group Abdul Rahman Saad Al-Rashid & Sons Company Limited (“ARTAR”). KEFI Minerals is the operating partner with a 40% interest and the joint venture’s primary target is the discovery and development of a >1 million ounce gold deposit in the under explored Precambrian Shield in Saudi Arabia.

Geographical Spread

Turkey , Saudi Arabia

Board of Directors and Key Management

Harry Anagnostaras-Adams, Non-Executive Chairman

Jeff Rayner, Managing Director

Ian Plimer, Non-Executive Deputy Chairman

John Leach, Finance Director (part-time)

Company Address Cemal Gursel Caddesi Yali Apt., No.304 Kat:4 D.9 Izmir, Turkey 35501 Telephone: +90 232 381 9431 or 9846 Facsimile: + 90 232 381 9071 Email: info[at]kefi-minerals.com Website: http://www.kefi-minerals.com

Additional Address/Key Contact Jeff Rayner, Managing Director Mobile Phone: +90 533 928 19 13

Capital As at 23 July 2009, KEFI Minerals had on issue: 236.0 million shares

Annual General Meeting TBA

Year End 31 December

Nominated Brokers WH Ireland, Fox-Davies Capital

Nominated Advisors WH Ireland

Major Shareholders

As at 23 July 2009:

EMED Mining (29%)

Starvest Plc8%)

Directors, Management and their families (3%).

Related News

06/01/10 - Kefi Minerals Rolls Onwards, With Drilling In Turkey And Progress On Permits In Saudi Arabia
07/07/09 - Kefi Minerals Makes Steady Progress In Turkey, And Continues To Investigate The Vast Potential Of Saudi Arabia
28/05/09 - Kefi Teams Up With A Major Partner To Scoop Up Scores Of Pre-Cambrian Gold Exploration Licences In Saudi Arabia
30/10/08 - Kefi Is Endorsed By Centerra In Turkey
23/01/08 - Kefi Minerals Waits For The Snow to Melt

Most Recent Statement

19/02/10 - Drilling Results at Artvin Project
22/01/10 - Equity Placing
08/01/10 - Equity Placing
06/01/10 - Commencement Of Drilling At Bakir Tepe Project
24/12/09 - Joint Venture Finalised for Bakir Tepe Project
10/11/09 - Joint Venture of Bakir Tepe Project, Turkey