NQ Minerals Plc Declares Commercial Production

NQ Minerals plc
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NQ Minerals Plc (NEX: NQMI) (OTCQB: NQMLF), today announced that commissioning of the Hellyer Processing Plant has now been completed and that during the fourth quarter of 2018, the company produced 3,991 dry metric tonnes of lead, 1,537 dmt of zinc, and 4,291 dmt of pyrite realising approx £3.2m (AUD$5.7m) in Sales. The Company is now consistently producing all three concentrates with sales occurring on a weekly basis.

Brian Stockbridge, Chairman of NQ Minerals PLC, commented “With commissioning substantially complete, NQ is now a producer. Having completed the acquisition and refurbishment of Hellyer over the prior two years, the culmination of Management’s efforts will make 2019 a transformational year for the Company. With the change in status to a producer, we believe there is substantial potential to unlock shareholder value.”

 

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