NQ Minerals has a mission to acquire and develop a portfolio of productive mining assets based in Australia, with the aim of delivering significant shareholder value in the short, medium and long term


NQ Minerals operations are in Australia. NQ commenced base metal and precious metal production in 2018 at its 100% owned flagship Hellyer Gold Mine in Tasmania. Hellyer has a published JORC compliant Mineral Resource estimated at 9.25 Mt which is host to Gold at 2.57 g/t Au for 764,300 oz Au, Silver at 92 g/t Ag for 27,360,300 oz Ag, Lead at 2.99% Pb for 276,600 tonnes and Zinc at 2.57% Zn for 217,400 tonnes.

In addition to these resources, the Hellyer assets include a large mill facility and full supporting infrastructure, including a direct rail line to port. The Company is also planning to re-open the historic high-grade Beaconsfield Gold Mine in Tasmania, which has a JORC (2012) compliant Mineral Resource Estimate of 1.454 Mt at 10.3 g/t Au for 483,000 ounces of gold.

A CLEAR PATHWAY TO RAPID AND SUSTAINABLE GROWTH
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Company Presentation

Beaconsfield Gold Mine

Tasmania


The Beaconsfield Gold Mine has historic recorded production of c.1.8 million ounces of gold averaging c.15 grams per tonne (c.1⁄2 ounce per tonne). NQ acquired Beaconsfield in June 2020 and the Company plans to re-open the mine operations as soon as practicably possible.

> More Beaconsfield Gold Mine Project

Hellyer Mine Commercial Production

Tasmania


In May 2017 NQ Minerals acquired the Hellyer Gold Mine in Tasmania with its impressive infrastructure and high-grade polymetallic tailings which represent substantial reserves of high-grade zinc, lead, copper, silver and gold.

> More Hellyer Gold Mine Project

Barnes Hill Project

Tasmania


NQ plans to develop a 6,000 tonne per annum nickel plant based on the Barnes Hill Project’s nickel and cobalt mineral resource which contains 14.3 million tonnes at 0.72% nickel and 0.05% cobalt (on a 0.5% Ni cut-off). These resources are all located within 120km of the Hellyer operations.

> More Barnes Hill Project

Ukalunda & Square Post Projects

Queensland


There are a number of historic mines and advanced prospects that have been explored for more than 30 years on the Ukalunda tenement area. This indicates that the Ukalunda tenement area is the most prospective in the district.

> More Ukalunda Project
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