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NQ Minerals starts shifting material at Beaconsfield to processing plant

“This material has been deposited in the Wetlands area over the 100 years of historic mining at Beaconsfield"

NQ Minerals PLC -

NQ Minerals PLC (LON:NQMI,) said it has started hauling gold-bearing material from the Beaconsfield Wetlands environmental clean-up area to the processing plant.

David Lenigas, chairman, said: "We now have a fleet of 6 trucks moving a significant amount of gold-bearing material from the Wetland area, located to east of the Beaconsfield townsite, to the Beaconsfield processing plant area.

“This material has been deposited in the Wetlands area over the 100 years of historic mining at Beaconsfield and has been considered for many years to be an environmental issue that needed to be addressed.

“NQ plans to modify the Beaconsfield processing plant over the coming months to extract the gold from this material as a key component of our mine re-opening plans.”

The historic mine in Tasmania has a JORC (2012) compliant Mineral Resource Estimate of 1.454 Mt at 10.3 g/t for 483,000 ounces of gold.

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on 01/25/2021

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