- Kefi Minerals reported 'encouraging' results at the start of ta scout drilling programme at its Hawiah exploration Licence in Saudi Arabia.

Assay results for the first drill hole have been received, with it intercepting 15.8 metres of massive sulphide from 150.75 metres depth at 1.2% copper, 0.51% zinc, 0.51 grams per tonne of gold and 9.1 grams per tonne of silver.

Additional holes had successfully intercepted mineralisation. 'These early encouraging results represent just the start of the planned 2,500 metre scout drilling programme , the company said.

At 1:21pm: [LON:KEFI] KEFI Minerals PLC share price was -0.09p at 1.76p

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