Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Shefa Yamim Finds High Grade Spinel
  • USA - English


News provided by

Old City Group

Jul 03, 2018, 23:55 ET

Share this article

Share toX

Share this article

Share toX

Shefa Yamim Gem Box
Shefa Yamim Gem Box
Youtube
Youtube

Commenting on the results Avi Taub, CEO of Shefa Yamim, said: “Shefa Yamim’s gem-box contains very rare gemstones which will form the basis of jewelry which, once manufactured, will be marketed, due to their provenance, as ‘gemstones from the Holy Land"

Post this

NEW YORK (PRWEB) July 03, 2018 -- Shefa Yamim (LSE: SEFA), a precious stone exploration company in Northern Israel, announces that it has updated its Target Mineral Assemblage (“TMA”), following the results of its 14 bulk sampling campaign at the Kishon Mid-Reach Zone 1. The TMA recovered from the 6,384 tonnes sampling campaign in Zone 1 increased from a total of 5,825.24 carats (“cts”) to a new total of approximately 9,778.15 cts enabling the original TMA to be updated to a predominantly gemstone suite (99.5%) of potentially 9 gemstone minerals, including the new addition of spinel, often found in large crystals. Spinels come in different colours such as red, black, violet, and the very rare blue.

Highlights from Bulk Sampling Campaign at the Kishon Mid-Reach Zone 1

• Increase in total gemstone minerals to date by 99.5% to 9,778.15 cts
• Spinel becomes the 9th gemstone to be added to the TMA suite following a recovery of 3,952.91cts
• Cutting and polishing confirms gemstone quality of garnets, a total of 2,176.77 cts were recovered
• DMCH Suite renamed to ‘Gem Box’ to reflect the addition of the new gemstone minerals
• Garnets re-assigned to the ‘Gem Box’ suite from the original HIM suite of heavy minerals made up of garnet, ilmenite, zircon and rutile (“HIM”)
• Ilmenite greater than or equal to 1mm,was also re-assigned to the ‘Gem Box’ suite from the HIM suite as it is found to be of gemstone quality, a total of 768.86 cts were recovered
• The revised TMA, dominated by the Gem Box suite, is comprised mainly of minerals that are ≤0.65 cts/stn (85%) with 15% being ≥0.65cts. The largest gems recovered were: Carmel sapphire™ 33.3ct, garnet 13.6ct, sapphire 5.7ct, spinel 6.2ct, hibonite 2.8ct and ruby 1.7ct
• The overall TMA grade was some 153 cpht (at a bottom screen size of 1 mm), with the grade dominated by 4 Gem Box suite minerals: spinel (69.91 cpht); Carmel sapphire™ (39.36 cpht); garnet (34.09 cpht) and ilmenite (12.06 cpht).

Commenting on the results Avi Taub, CEO of Shefa Yamim, said:

“This is an excellent start to our campaign as we move towards trial mining at the Kishon Mid-Reach Zone 1 and progress with Zone 2. The discovery of a 9th gemstone, Spinel, at our project in northern Israel, coupled with the re-classification of ilmenite and garnet to the newly created ‘Gem Box’, further cements our position as a unique multi-commodity explorer.

“Shefa Yamim’s gem-box contains very rare gemstones which will form the basis of jewelry which, once manufactured, will be marketed, due to their provenance, as ‘gemstones from the Holy Land. We look forward to updating the market in due course.”

 
RECOVERED GRADES & PRELIMINARY SIZE DISTRIBUTION OF THE TMA SUITE IN ZONE 1, KISHON MID REACH ALLUVIAL PLACER

• With the “new” gem minerals added to the original “DMCH” suite, viz., garnet, ilmenite and spinel, this higher value collection has been renamed the “Gem Box” suite to reflect the ≥95% gem contribution in Zone 1 of the Kishon Mid Reach alluvial placer.
• In the revised TMA, only 2 minerals thus fall into the “HIM” industrial category (0.5%): zircon (which may also be a gem at larger sizes) and rutile (Table 1).
• The revised TMA, dominated by the Gem Box suite, is comprised mainly of minerals that are ≤0.65 cts/stn (85%) with 15% being ≥0.65cts. The largest gems recovered were Carmel sapphire™ 33.3ct, garnet 13.6ct, sapphire 5.7ct, spinel 6.2ct, hibonite 2.8ct and ruby 1.7ct.
• As Zone 1 has been mapped out as a geologically and geomorphologically “homogenous” section of the Kishon Mid Reach alluvial placer (notwithstanding the expected nugget effect in a natural alluvial system), the results of the 14 bulk samples have been combined per placer mineral to give average recovered grades of these minerals as a first-pass estimation in this Zone (Table 1). The overall TMA grade was some 153 cpht (at a bottom screen size of 1 mm), with the grade dominated by 4 Gem Box suite minerals: spinel (69.91 cpht); Carmel sapphire™ (39.36 cpht); garnet (34.09 cpht) and ilmenite (12.06 cpht).
• The spatial positioning of the bulk samples from south to north along much of the length of Zone 1, as well as their layout approx. perpendicular to palaeo-flow direction of the ancient Kishon in places, will allow for better geostatistical analyses of the grade and size distribution of the Gem Box and HIM industrial minerals in Zone 1 that will be presented at a later stage.

TARGET MINERAL ASSEMBLAGE SUITE & A REVISION OF THE GEM – INDUSTRIAL MINERALS COMPRISING THE TMA IN ZONE 1 OF THE KISHON MID REACH ALLUVIAL PLACER

The combined gem and industrial mineral component of the Kishon Mid Reach alluvial placer is referred to as the Target Mineral Assemblage. The “DMCH” gem suite made up of Diamond (extremely rare and mostly small, <1 mm stones; only one record from the Kishon Mid Reach alluvial placer from borehole SY-18), Moissanite (SiC, a rare mineral globally of which the Shefa Yamim prospects host the most abundant and the largest size natural moissanite in the world), Corundum gem varieties namely, Carmel sapphire™ (to date, a sapphire type known only from Mt Carmel and the Kishon Valley alluvial deposits), sapphire and ruby, and Hibonite (another rare gem).

However, with the last of the 14 bulk samples processed to completion by late April 2018, the combined total of 6,384 tonnes from Zone 1 yielded a large number of stones and carats per mineral species of the original TMA suite as defined above (5,825.24 carats, cts). This provided an opportunity to review the status of the original TMA, in particular the large garnet (2,176.77 cts) and ilmenite (768.86 cts) populations, as well as the most abundant potential gem mineral recovered to date, viz., spinel (3,952.91 cts). This investigation demonstrated that:

• The garnet population, which is not of the more common metamorphic origin but was sourced from deeper levels by the Cretaceous Mt Carmel basic to ultra-basic volcanic complexes, is of a gemstone and not an industrial quality. These garnets, which also form an integral part of the so-called Kimberlitic Indicator Minerals (KIMs) suite, were tested further by cutting and polishing several stones, the results of which confirmed their gem quality. Therefore, the Kishon alluvial placer garnets are no longer considered part of the original HIM suite and have been re-assigned to Gem Box suite.
• The ilmenite, which is also a KIMs mineral, but is generally finer-grained than the garnet, was likewise studied and found to be predominantly of a gemstone and not of an industrial quality. Therefore, the ilmenite population in the Kishon Mid Reach Placer has also been re-assigned to the Gem Box suite from the original HIM suite.
• Significantly, and in addition to the original TMA suite (described above) that is the focus of the Shefa Yamim Recovery at the Akko facility, the Recovery personnel also pick spinel and other remaining KIMs (e.g. clinopyroxe, chromium diopsides, etc) as a matter of routine. Significantly the Zone 1 placer gravels yielded a considerable quantity of spinel, most of which was gem quality and relatively coarse-grained (3,952.91 cts). Thus spinel has been added as an additional mineral to the original TMA suite.
• The TMA now comprises of 9 gemstones (in order of abundance): spinel, Carmel sapphire™, garnet, ilmenite, sapphire, hibonite, moissanite, ruby, diamond (not recovered in the Zone 1 bulk sample campaign and only known from borehole SY-18 in Zone 2); and 2 industrial minerals: zircon and rutile.

Information on historical bulk samples, as well as images and maps can be found on our website:
https://irp-cdn.multiscreensite.com/ac660adf/files/uploaded/SY_CPR_10_2017.pdf

Competent Person:

This release has been approved by Dr. J.D. Ward, Consulting Geologist at Majimba Geo-Consulting. Dr. Ward is a qualified geologist (Pr.Sci.Nat), and a leading alluvial diamond exploration geologist with over 35 years’ field experience.

Table 1: Summary of the carats (cts), grades (cpht; at bottom screen size of 1 mm) and two-fold size split for the revised TMA suite from the Zone 1 bulk sampling campaign which now comprises the Gem Box and the HIM suites. More info at this link

Amos Cohen, Old City Group, http://www.shefayamim.com/, +1 212-634-7170, [email protected]

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.