Shefa Gems Ltd

Shefa Yamim appoints team to help build economic profile of Kishon Mid-Reach

James Campbell, non-executive director at Shefa Yamim ATM (LON:SEFA), discusses with Proactive Investors the appointment of PM to provide working and capital cost estimates for bringing the Kishon Mid-Reach alluvial precious stones deposit into production.

The report, which is due to be completed by the end of August 2018, is the first step in starting to build the economic profile of the project as the company progresses towards commercial production.

Currently, the company is focusing on mapping, drilling of boreholes and taking bulk samples at the Kishon Mid-Reach placer, the priority target.

Quick facts: Shefa Gems Ltd

Price: £0.06

Market: LSE
Market Cap: £10.17 m

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