Member Info for sniffer78

Well under the radar, but after next week we might well see some interest with fresh news and media. RLD is ramping up month on month and evolving month on month exciting times ahead. ATB

Who knows indeed, maybe they are working hard networking arranging meetings, and getting the word out about this Gem of a miner. Let's see what next couple of weeks bring for RLD shareholders :-) ATVB

Sit tight next bit of news could put us back on the radar I'm sure everything is in hand ;-) in Bernard we trust ATB

Cash is king and great to have it helping us move forward and now bringing revenues in from online sales and sight sales. Hope your break goes well ATVB Big

The BOD played a blinder bye selling up and moving out of Tanz, this news just reconfirms that ;-). Cash $3.4 million as of June 2015 Debt Free Richland Gemtones online sales website up and running New Queensland Sapphire mine Ramping up month on month Revenues have begun rolling in New Gem Rich licence acquired with historical Gemstone Alluvials

Highlights · US$212,485 total revenue achieved from the sale of approximately 159,000 carats of lower quality sapphire and corundum during November 2015 o First sales of various lower quality sapphire and corundum parcels concluded during November o Average price per carat of US$1.34 achieved for lower quality sapphire and corundum · Production target for Q4 2015 already achieved with over 250,000 carats, larger than 4mm produced to date during the quarter as part of production start-up and ramp-up process · Two new exploration licences awarded for highly prospective sapphire exploration areas in Central Queensland · Fourth Quarter 2015 Operational and Sales update to be released in January 2016 · First auction / sight sale of higher quality sapphire set for late Q1 2016 Commenting on the results, Chief Executive Officer, Bernard Olivier said: "I am delighted that Richland has received its first Sapphire revenues from the sale of our lower quality sapphire and corundum parcels mined through our ramp up phase. We monitor opex closely and the results to date following this first sale and a very efficient operation are positive. We have already recovered a large number of higher quality sapphires and these are currently being prepared for either the higher quality sale in H1 2016 or for potential sale on our online retail division (www.richlandgemstones.com). Richland is focused on efficient cashflow and the creation of first profit from an advanced gemstone mine, operated by an experienced team in one of the world's most established and politically stable mining areas. I am also delighted that we managed to secure two very prospective areas under exploration licence"

Looks like Bernard is Ramping up production just like Tanzanite One Began Ramping up in 2011 so all looks good ;-)

All in good time solid BOD working for shareholders and on a voluntary 50% reduction while company undertakes its turn around ATB

Good call, that would be most welcome

Looks like RLD teaming up with other gemstone miners in the area like Wilson Gems I bet. Wilson gems website is very out of date and very poor quality compared with the very professional and fresh Richland website and sales team. http://www.austgem.com.au http://www.richlandgemstones.com http://www.richlandresourcesltd.com Look at the difference RLD massive experience in the business of Gemstones mine to market

Tanznite one was producing around 550,000 carats per Quarter in 2011 2011 550,00 per Q 2012 Q4 798,000 per Q 2013 Q4 1.08 million per Q Bernard ramping up going to plan imo RLD Current 156,000 Q3 Q4 250,000 already hit before December so 375,000 likely for Q4 2015 would be nice to go for 450,000/500,000 for Q1 2016 ATB

Gem fields could enter the Sapphire market very easily with T/O of RLD imo. RLD Ramping up month on month & $2.5/$3 million in the bank not many miners pulling in revenues and with cash in the bank. Top end BOD with Vast experience in the Gemstone Market ATB

Evening Big hope your well, has anyone pushed on name change ?

So looks like RLD could hit 350,000/400,000 carats for Q4 2015 Larger than 4mm · Production target for Q4 2015 already achieved with over 250,000 carats, larger than 4mm produced to date during the quarter as part of production start-up and ramp-up process

Operational and Sales Update on Capricorn Richland Resources Ltd, the gemstones producer and developer, today announces an operational update on the ramp up of production and sales from the Capricorn mine during November. All figures are unaudited. Highlights · US$212,485 total revenue achieved from the sale of approximately 159,000 carats of lower quality sapphire and corundum during November 2015 o First sales of various lower quality sapphire and corundum parcels concluded during November o Average price per carat of US$1.34 achieved for lower quality sapphire and corundum · Production target for Q4 2015 already achieved with over 250,000 carats, larger than 4mm produced to date during the quarter as part of production start-up and ramp-up process · Two new exploration licences awarded for highly prospective sapphire exploration areas in Central Queensland · Fourth Quarter 2015 Operational and Sales update to be released in January 2016 · First auction / sight sale of higher quality sapphire set for late Q1 2016 Commenting on the results, Chief Executive Officer, Bernard Olivier said: "I am delighted that Richland has received its first Sapphire revenues from the sale of our lower quality sapphire and corundum parcels mined through our ramp up phase. We monitor opex closely and the results to date following this first sale and a very efficient operation are positive. We have already recovered a large number of higher quality sapphires and these are currently being prepared for either the higher quality sale in H1 2016 or for potential sale on our online retail division (www.richlandgemstones.com). Richland is focused on efficient cashflow and the creation of first profit from an advanced gemstone mine, operated by an experienced team in one of the world's most established and politically stable mining areas. I am also delighted that we managed to secure two very prospective areas under exploration licence"

Great read http://goo.gl/Y9FnPM

Anakie http://mtlilygems.com/mineinfo/Anakie/anakieaustralias.html

During the last 20 years, Australia has assumedamajorroleintheproduction of blue sapphire. Most of the gem material comes from alluvial deposits in the Anal<ie (central Queensland) and New England (northern New South Wales)fields. Mining techniques range from hand sieving to highly mechanized operations. Therough is usually sorted at the mine offices and sold directly to Thai buyers in the fields. The iron-rich Australian sapphires are predom- inantly blue (90%),with some yellow, some green, and a very few parti-colored stones. The rough stones are commonly heat treated in Thailand to remove the silk. Whileproduction has been down duringthe last two years because of depressed prices combined with higher costs, prospects for the future are good.

Haha would you believe it wonder we're that's being held this year lol :-)

http://www.gemselect.com/other-info/australian-sapphire.php