Menzies Emerald Project

Exploration & Technical Highlights

2026 Field Program

12 Trenches Completed in 2026
26 m New Mica Schist Zone at Trench 2720
28 + 5 Orientation Soil and Rock Control Samples
1979 – 1982

Historical Exploration

The only recorded historical exploration on the Menzies Emerald Project was undertaken by North Kalgurli Mines Limited between 1979 and 1982, including costeaning, trenching, geological mapping and seven rotary percussion drill holes.

Costeaning & Geological Mapping

Work concentrated on the known emerald-bearing zones. Geological mapping recorded the distribution of black mica schist shoots and provided the basis for subsequent drill targeting.

1980 Rotary Percussion Drilling

Seven holes, most drilled to approximately 35 m, targeted Shoots 1, 2, 4 and 5 to test the continuation of mica schist beneath surface workings. Drilling indicated that selected shoots persist below surface, with green beryl reported at depth in several intersections.

Key Historical Conclusions

  • Mica schist shoots dip approximately 65° to the east
  • Shoots 1 and 2 were interpreted to persist to approximately 20–35 m vertical depth
  • Green beryl was reported at these depths
Historical geological map of shoots 1, 4 and 5
Geological map showing trench and drill hole locations of Shoots 1, 4 and 5 (North Kalgurli Mines, WAMEX A12470)
Gemstar Field Program

2026 Exploration Highlights

Gemstar’s 2026 field program tested known and interpreted mica schist zones across the Mining Lease and established new tools for target generation.

Trenching

12 trenches completed across the Project area, seeking extensions of known mica schist occurrences and examining the potential mineralisation corridor.

New Discovery

A new mica schist zone approximately 26 m wide was identified at Trench 2720, in the north of the Mining Lease.

Soil Geochemistry

An orientation soil geochemistry program was completed immediately north of Trench 2720.

Drone Survey

Drone orthophotography and terrain modelling were completed before and after trenching, providing a base map and a record of ground disturbance.

2026 trenching program plan
2026 trenching program by Gemstar
Trenching works
Trenching works
Trench exposure
Trench exposure
Soil samples
Orientation soil samples
Aerial image of the Trench 2720 area
Aerial image of the Trench 2720 area, showing the possible extent of the new mica schist shoot
2026 Trenching Discovery

Trench 2720 – 26 m Mica Schist Zone

Most trenches intersected only minor mica schist occurrences. However, Trench 2720, the second most northerly trench completed during the program, identified a significant new mica schist zone approximately 26 m wide.

The next trench to the north, Trench 2800, did not intersect mica schist, providing an important constraint on the interpreted extent of mineralisation in that direction.

The newly identified zone represents an important addition to the known mineralised system in the northern part of the Mining Lease. It has not yet been fully explored, and further work is required to determine its extent, continuity and emerald mineralisation.

Key Takeaway

Trench 2720 materially extends the known mica schist system to the north and remains a priority for follow-up exploration.

Geochemistry & Sampling

Orientation Soil Sampling

A soil geochemistry orientation survey was completed immediately north of Trench 2720, in undisturbed ground, to evaluate surface geochemical responses associated with mica schist and to support broader target generation across the Mining Lease.

The program combined 28 soil samples, collected from 1–10 cm depth, with five rock control samples from trench spoil, providing a direct comparison between surface geochemical signatures and known mica schist material. Samples were assayed by Intertek in Perth.

Results confirmed a positive geochemical response associated with the Trench 2720 mica schist zone. The black mica schist carries a distinctive signature, and in soil this is best expressed by lithium, supported by rubidium, caesium and thallium, with the highest values recorded directly over the schist.

The orientation program demonstrated that soil geochemistry can assist in identifying concealed or previously unrecognised mica schist occurrences, and supports the expansion of systematic soil sampling as a target-generation tool.

Orientation soil sampling along trench line 2720
Orientation soil sampling along trench line 2720
Next Steps

Priority Exploration Targets

Northern areas proposed for initial exploration

Northern Exploration Areas

Initial exploration is proposed across the northern part of the Mining Lease, including the newly identified mica schist occurrence in the Trench 2720 area and other potential targets generated through soil geochemistry. Follow-up work will focus on trenching and delineation of previously untested mica schist occurrences.

Southern areas proposed for initial exploration

Main Pit & Known Shoots

Exploration is proposed around the main pit area, including extensions of known mica schist shoots and areas previously affected by shallow historical mining. Shoots 4 and 5 have been mined historically but retain significant mapped widths and remain priority areas for further evaluation.

Exploration & Technical Development Strategy

A Clear Five-Stage Pathway

Gemstar is advancing the Menzies Emerald Project through a five-stage exploration and technical development strategy focused on target generation, delineation, grade definition, valuation and process optimisation.

01

Target Generation

Systematic soil geochemistry across the Mining Lease to identify new shoots, and to test the lease’s gold potential.

02

Delineation

Trenching and extension of known shoots, and excavation of the new shoot at Trench 2720.

03

Grade Definition

Systematic bulk sampling to obtain grade estimates for individual shoots.

04

Valuation

Gemmological evaluation, quality classification and pricing of recovered emeralds.

05

Process Metallurgy

Liberation studies and flowsheet optimisation for emerald recovery.

The Menzies Emerald Project is an advanced exploration project. While emerald mineralisation has been demonstrated historically and through recent exploration activities, the economic feasibility of extracting emeralds from the Project has not yet been established. No Mineral Resource or Ore Reserve has been estimated.