RNC Minerals does it again with another Beta Hunt gold haul in Kambalda – by Josh Chiat (The West Australian – September 16, 2018)


The Kambalda mine that produced more than $15 million worth of spectacular gold specimens a fortnight ago from a single deep cut 500m underground has turned out another precious stone after development restarted after the announcement.

A specimen stone weighing 43kg and estimated to contain 1100 ounces of gold, valued at about $1.8 million, was recovered after work resumed underground at the Beta Hunt gold mine.

The stone, along with another piece weighing 7kg and containing 190oz, will be taken to the Perth Mint and added to a haul that included what was believed to be two of the biggest gold specimens discovered.

The find, including 95kg and 63kg specimens containing 2440oz and 1620oz of gold respectively, put a rocket under the previously ailing RNC Minerals’ share price in Canada and halted an almost-completed sale process for the 45-year-old mining operation.

RNC has dubbed the discovery Father’s Day Vein, after the day on which the find was made. Dubbed a once-in-a-lifetime discovery and a “jewellery shop” by some geologists, the zone was initially fenced and locked up while mine workers used armed security to ferry the astonishing stones off site and to the Perth Mint.

For the rest of this article: https://thewest.com.au/business/mining/rnc-minerals-does-it-again-with-another-beta-hunt-gold-haul-in-kambalda-ng-b88962431z

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