NQ Minerals Plc (NEX: NQMI) (OTCQB: NQMLF), a mineral processing, exploration and mining company, today announced its April 2019 and Year to Date production results from its flagship Hellyer Mine located in Tasmania.
Brian Stockbridge, Non-Executive Chairman of NQ Minerals, commented:
“The Hellyer Mine achieved record production and sales in April 2019, largely reflecting continued operational improvements and consistency in mining and processing throughput. These progressive trends are encouraging in terms of the Company’s cash flow generation and we continue to examine additional opportunities for value creation.”
Key Hellyer production data:
|April 2019||Q1 2019||Total YTD|
|Lead Concentrate Produced||2,145||4,712||6,857|
|Zinc Concentrate Produced||1,748||3,015||4,763|
|Pyrite Concentrate Produced||10,901||18,488||29,389|
The month of April has been a record month for production and sales. Operational efficiencies continue to be realised with month over month improvements in dredged and milled tonnes.