PRECIOUS METALS

RNC to show off Beta Hunt rocks in Ontario

Sought-after specimens from one of world's highest-grade veins at Beta Hunt

Staff reporter

This article is 6 years old. Images might not display.

RNC announced the discovery of the ‘Father's Day Vein' in September. It believes it is one of the richest gold veins ever found, yielding more than 25,000oz worth more than C$40 million.

Some of the largest specimen rocks ever found would be included in the showcase, including ‘King Henry' containing 1402oz, ‘Warren' containing 893oz, and several other "spectacular high-grade specimens", the company said.

The gold content of the specimens on display alone is worth $4.4 million.

RNC is displaying the rocks at a private reception at the Royal Ontario Museum on Tuesday.

RNC's Toronto-quoted equity has been on a wild ride of late, doubling on the back of the high-grade discoveries in September to a 12-month high of C$1.18, before falling back to 52c on Friday. The company has a market value of $231.92 million.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.