Shefa Gems Ltd Carmeltazite chosen as Mineral of the Year 2018 (9466C)
February 13 2020 - 7:35AM
UK Regulatory
TIDMSEFA
RNS Number : 9466C
Shefa Gems Ltd
13 February 2020
B"H
Shefa Gems Ltd.
("Shefa Gems" or the "Company")
Carmeltazite was chosen to be Mineral of the Year 2018
by the International Mineralogical Association (IMA)
Shefa Gems (LSE: SEFA), a company focused on advanced
exploration and development of multi-gemstone projects in Northern
Israel, is delighted to announce that the International
Mineralogical Association ("IMA") Commission on New Minerals,
Nomenclature and Classification has chosen Shefa Gems' Carmeltazite
as its Mineral of the Year for 2018
(https://www.shefagems.com/ima-mineral-of-the-year-2018).
Carmeltazite is a complex oxide (ZrAl2Ti4O11) which forms black
inclusions in blue corundum crystals from Cretaceous pyroclastic
rocks and associated alluvial deposits at Kishon Mid-Reach in
northern Israel. Its name alludes to its discovery at Mt. Carmel
and the three principal metals in its formula (Titanium, Aluminium
and Zirconium). Carmeltazite was discovered as part of an academic
collaboration involving distinguished geologists from Macquarie
University, the University of Western Australia, the Università
degli Studi in Italy and Shefa Gems.
Since the Carmeltazite description was published in Minerals
(Griffin et al., 2018), Carmeltazite has gained significant
publicity online as "the world's newest gemstone" (EraGem, 2019),
and even as an "extraterrestrial mineral harder than diamonds"
(Flatley, 2019). Although in fact it is perfectly terrestrial in
origin, Carmeltazite contains Ti3+, which is rare in the geological
environment, and has a peculiar crystal structure, which is
reminiscent of the close-packed arrangement of spinel.
Vered Toledo, CEO of Shefa Gems, said: "I am excited, happy and
thankful for the great honour we have received from the IMA and the
recognition of our unique Carmeltazite. The association of
Carmeltazite with other Ti3+ and carbide minerals, indicates very
unusual geological conditions in our volcanic source rocks which
presages new and exciting discoveries in the future. Carmeltazite
is an integral part of our unique and rare gemstone Carmel
SapphireTM."
- Ends -
Enquiries
Shefa Gems Ltd
Michael Rosenberg, OBE - Chairman
www.shefagems.com +44 20 7938 4026
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VSA Capital Limited - Financial
Adviser
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Andrew Raca +44 20 3005 5000
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SI Capital Limited - Broker
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+44 20 3871 4038 / +44
Nick Emerson and Jon Levinson 1483 413500
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Notes to Editors
About Shefa Gems Ltd
Shefa Gems Ltd (LSE: SEFA) is an explorer and developer of
precious stones deposits operating in Northern Israel. Exploration
activity is managed by professionally skilled and technically
competent personnel and is accompanied by an international team of
geological experts with decades of proven experience in their
fields. It has two flagship projects, Mount Carmel and the Kishon
Reach.
With its international geological consultant team, Shefa Gems
has established a "Source to Sink" geological model and the
presence of a Target Mineral Assemblage of gemstones ("TMA Suite")
in both primary volcanic sources and in secondary alluvial deposits
lying within the Kishon catchment, on Mount Carmel and in the
Zevulun and Yizre'el valleys and their margins. The TMA suite
comprises Precious Stones (Diamond, rare natural moissanite,
sapphire, ruby, Carmel Sapphire(TM), garnet, hibonite, spinel,
ilmenite) and heavy minerals including zircon and rutile.
All exploration activities are conducted under international
standards and the internationally recognised SAMREC 2016 Code. Its
three permits, granted to it by the Commissioner of Mines at the
Ministry of Energy, Natural Resources Administration, Israel,
extend over an area of approximately 488,366 Dunams (48,836
hectares) that includes the Kishon River, the volcanic bodies on
Mount Carmel, the Zevulun and Yizre'el valleys and their
margins.
Alongside its exploration activities, the Company is building on
the launch of the "Heaven on Earth" jewellery collection and
developing the Company's "Mine to Market" strategy to promote
unique jewellery collections utilising Shefa Gems' suite of
precious gemstones.
The Company upholds environmental values and protects the nature
in the areas where it operates, cooperating fully with all
authorities.
The exclusive "Heaven on Earth" collection is now available to
view online on the website of the designer Yossi Harari at:
https://www.yossiharari.com/collections/heaven-on-earth-1
For further information please visit the website at
www.shefagems.com
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END
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