If this news doesn't start a WA NEarology Rush ...nothing will
New Discovery Yields 9,000 ounces of High Grade Coarse Gold from Single Cut at Beta Hunt Mine
New discovery includes 95kg specimen stone containing an estimated 2,440 ounces of gold and a 63kg specimen stone containing an estimated 1,620 ounces of gold
TORONTO, Sept. 9, 2018 /CNW/ - RNC Minerals (TSX: RNX) ("RNC"), is pleased to announce a new high-grade gold discovery at its Beta Hunt Mine. Over the past week, approximately 9,250 ounces of high grade gold was produced from a 44 m
3cut (130 tonnes) on 15 level at the Beta Hunt Mine (equal to over 70 ounces/tonne or 2,200 grams/tonne). The high grade gold (coarse gold and large gold-containing specimen stones) includes approximately 190 kg of specimen stone, the largest of which is 95 kg with an estimated gold content of 2,440 ounces and a second large specimen stone of 63kg with an estimated gold content of 1,620 ounces. Final ounces will be determined once the coarse gold is processed and/or sold over the next week which is expected to yield approximately $C15 million in cash. All of the high grade coarse gold is hand picked, direct ship ore and immediately sent from site directly to the Perth Mint.
"Recovering 9,250 ounces of high grade coarse gold from a single cut on the 15 level at our Beta Hunt mine, including specimens which could rank among the largest ever discovered, underlines the importance of this discovery. Just 8 weeks earlier, at the end of June 2018, 1,500 ounces of high grade gold were recovered from other sediment structures on the 14 and 15 levels. These discoveries highlight the high-grade gold potential of Beta Hunt." said Mark Selby, President and CEO of RNC.
https://www.bizjournals.com/prnewswire/press_releases/2018/09/09/C7202
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