Proactive Investors - Run By Investors For Investors

Shefa Yamim has prospecting permits renewed by Israeli authorities

Shefa continues to progress towards trial mining in Zone 1 of the Kishon Mid Reach
Shefa Yamim has prospecting permits renewed by Israeli authorities
Shefa Yamim has a unique suite of gemstones on its ground

Shefa Yamim (LON:SEFA) has two of its prospecting permits renewed, covering a total of 44,045 hectares, by the Ministry of Energy, Natural Resources Administration, Israel.

 The permits provide Shefa Yamim with exclusive prospecting rights for diamonds, gold and precious stones over the permitted areas for a period of a year.

WATCH: Shefa Yamim's Carmeltazite officially recognised as new and rare mineral

Shefa Yamim has four permits in total. The four permits extend over an area of approximately 60,000 hectares that includes the Kishon River, the volcanic bodies on Mount Carmel, the Zevulun and Yizre'el valleys and their margins.

 "The renewal of these two permits is another step for the Company moving to the advanced stages of exploring the permitted areas,” said chief executive Avi Taub

 

View full SEFA profile View Profile

Shefa Yamim (ATM) Timeline

Related Articles

gold mining site
February 06 2019
The company is testing nine separate high-grade targets, including the Machiche target, which has never been tested before
Victoria Falls
October 23 2018
Premier owns 49% of RHA and has proposed a debt-for-equity swap with Zimbabwe’s indigenisation authority NIEFF to take its stake up to 90%
Drilling at Fe Limited property in the DRC
November 07 2018
Chairman Tony Sage says the company shares the excitement of Sandfire Resources in the prolific Bryah Basin.

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use