Commencement of Flotation Commissioning at Hellyer

3 Sept 2018

NQ Minerals PLC
(the “Company” or “NQ Minerals”; NEX: NQMI, OTCQB: NQMLF)
Commencement of Flotation Commissioning at Hellyer


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: HERE

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 + 44 (0) 7876 888011
Kris Kottmeier, VP Corporate Development

 

+ 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 + 44 (0) 20 7776 6571
Beaumont Cornish Limited
Roland Cornish, Chairman + 44 (0) 20 7628 3396
James Biddle www.beaumontcornish.com

 

IFC Advisory Ltd
Graham Herring + 44 (0) 20 3934 6630
Tim Metcalfe

 

Miles Nolan

+ 44 (0) 20 3934 6630

 

+ 44 (0) 20 3934 6630