Kenieba Goldfields
The Company

Kenieba Goldfields Ltd., (TSX Venture symbol: KEN), is a Canadian based gold exploration company with interests in the Western African nation of Mali. The company has acquired property in the gold rich Kenieba Valley located near the Senegal border, an area known to overlay the Senegalese-Malian shear which is responsible for the some of the most promising gold deposits in the country, including three currently producing mines. Kenieba Goldfields is committed to developing these promising assets to their fullest potential, and is committed to building shareholder value through exploration success. The Company has assembled a team of geologists and directors with extensive experience in gold exploration, raising capital, and building value through strategic acquisitions and development.

On January 3, 2011, Reuters reported from Bamako, Mali: "Mali expects its gold production to rise 20% in 2011 to 60 t and increase further to 62 t in 2012, according to President Amadou Toumani Toure. The west African state, Africa's third largest gold miner behind South Africa and Ghana, produced 50 t in 2010 -- 46 t from industrial mines and 4 t from artisinal diggers. "It is expected that industrial gold production will be 56 t in 2011 and 58 t in 2012, in additional to artisinal production of 4 t per year," he said in a televised address on the weekend."

Kenieba Goldfields has access to capital and no debt, and as such is well financed to carry out its exploration programs on its Malian assets.

Analysts are indicating that there will be a long-term bull cycle for gold for at least the next decade, pointing to encouraging factors for the long term such as a positive gold supply-demand balance, good technical outlook, a weak US dollar, and gold's growing relevance as an alternative asset which continues to attract investors. In uncertain times, gold and other precious metals are the only answer to provide investors with the security they are seeking.

Gold prices have experienced steady and impressive increases in the market in recent years, and with continuing economic uncertainty in many of gold’s biggest markets, it may continue to increase as more investors seek the stability of commodities over currency. Kenieba Goldfields is well positioned to take advantage of this renewed interest in precious metals and the world’s increasing demand for gold in industry, investment and adornment.