Menzies Emerald Project

Overview

The Menzies Emerald Project is located in Western Australia, with mining claims MCs 30/1243 and 30/1245 first issued from 1979 to 1982.

Exploration Potential

  • Multiple mineralized zones, including No.1, No.2, and No.5 shoots, demonstrate significant potential based on historical drilling and costeaning.

Key findings:

  • No.1 and No.2 shoots showed green beryl at depths of 20–35 meters, with abundant mineralization over narrow sections.

  • No.5 shoot revealed potential drag folding, possibly impacting ore reserve estimates.

Feasibility Plan

  • Testing has shown that soaking rocks in tetra-potassium pyrophosphate solution followed by agitation in an autogenous mill effectively reduces material for manual sorting.

  • Selective mining of high-grade ore is planned to generate early cash flow and establish market recognition.

Mineral Resources

Historical data from bulk samples and drilling confirm the following:

  • Mica schists and pegmatites host the emerald mineralization, with higher-grade emeralds predominantly occurring in soft phlogopite mica zones.

  • Ore reserves are estimated at 971,250 tonnes to a depth of 40 meters, based on specific gravity calculations.

Geological Features

  • The emerald deposits are found within quartz-potassium feldspar pegmatite surrounded by mica schist, with significant potential for further exploration.

  • The surface area of many shoots has been disturbed but remains accessible for open-pit mining.


2. The Company (About the Operator)

Company Profile

Menzies Emeralds is a historic project supported by geological and experimental studies over several decades, focusing on resource development and value addition.

Competitive Advantages

  • Technological Advancements: Initial radiometric sorting experiments using Antimony 124 radioisotopes showed promising results for separating green beryl from host rocks.

  • Operational Expertise: Historical tests and bulk sampling demonstrated the potential for effective resource recovery and economic viability.

Mining Roadmap

  • Stage 1: Begin production from No.7 shoot with a pilot-scale wet trommel attrition plant.

  • Stage 2: Establish a large-scale attrition and recovery mill to handle 25 tonnes per hour, aiming for high-grade emerald recovery.

Community and Environmental Commitments

  • Initial studies have been conducted to reduce environmental impact, and selective mining practices are planned to preserve the surrounding ecosystem.


3. Investment Highlights

Investment Potential

  • Historical drilling and testing confirm the presence of high-quality emerald mineralization, making the project commercially viable.

  • The global market for emeralds continues to grow, ensuring strong demand and profitability.

Projected Returns

  • Historical recovery data suggests significant returns from high-grade emeralds, with an annual production target exceeding 7.5 million carats of facet-grade rough emeralds.

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