Shefa Yamim is the only coloured gemstone exploration company in northern Israel. The Company's principal assets are an exploration permit and two prospecting permits covering an area of more than 600km2, where the Company has carried out an extensive exploration programme, and has delineated several potential primary sources and secondary deposits that host gemstones. Currently the Company is focusing on mapping, drilling of boreholes and taking bulk samples at the Kishon Mid Reach placer, the Company's priority target. The Company intends to continue its exploration programme with the aim of delineating a mineral resource that is compliant with the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves (the "SAMREC")