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NQ Minerals PLC (NQMI)

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Monday 03 September, 2018

NQ Minerals PLC

Commencement of flotation commissioning at Hellyer

RNS Number : 4921Z
NQ Minerals PLC
03 September 2018
 

3 September 2018

 

NQ Minerals Plc

(the "Company" or "NQ Minerals")

 

Commencement of flotation commissioning at the Hellyer Polymetallic Project, Tasmania

 

NQ Minerals Plc (NEX: NQMI; OTCQB: NQMLF), a London listed company with Australia based exploration and mining assets, is pleased to announce it has commenced flotation commissioning at its Hellyer polymetallic operation in Tasmania, Australia. 

 

The full detailed report can be viewed on the Company's website: www.nqminerals.com 

 

Highlights

 

·      Commenced successful tails dredging and pumping slurry from the main tailings dam to the Hellyer Mill.

·      Commenced commissioning of the base metal flotation circuit at the Hellyer Mill.

·    Major mechanical components including the Concentrate Filters are now all on site and nearing complete installation.

·    Dredge commissioned and in operation. Approximately 120,000 tonnes of material moved from the Finger Pond to Main Tailings Storage Facility prior to its now successful production start-up.

·      Approximately 62,000 hours worked on the project to date with no reportable injuries.

 

Commenting, Brian Stockbridge, Non-Executive Chairman of NQ Minerals said:

 

"We are pleased to report the Hellyer project in Tasmania, Australia has now moved to the commissioning phase. This is a great milestone, and we are very proud of the management and team at Hellyer and the efforts made to get the project to this stage. We are looking forward to seeing concentrate shipped later this year."

 

 

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About NQ Minerals

 

NQ Minerals is a London listed company with a significant cash producing asset under construction in Tasmania, Australia. NQ also has highly prospective exploration and mining tenements in North Queensland, Australia. NQ has a focus on project locations where past exploration work has established the presence of noteworthy mineral occurrences. The Company's management team has decades of experience in the exploration and production of gold, silver and a variety of base metals. Please visit our website at www.nqminerals.com

 

For further information, please contact:

 

NQ Minerals Plc

 

 

Brian Stockbridge, Non-Executive Chairman

 

Kris Kottmeier, VP Corporate Development

+ 44 (0) 7876 888011

 

+ 44 (0) 20 3637 6522 (UK)

+ 1 (604) 506 6502 (North America)

 

 

 

 

Daniel Stewart & Company Plc

 

 

Richard Potts

+ 44 (0) 20 7776 6596

Nikhil Varghese

 

 

IFC Advisory

 

Graham Herring

 

Tim Metcalfe

 

Miles Nolan

 

 

+ 44 (0) 20 7776 6571

 

 

 

 

+ 44 (0) 20 3934 6630

+ 44 (0) 20 3934 6630

+ 44 (0) 20 3934 6630

 

 

 

 

 


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