Posts tagged “focus”

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ABC News Update 3rd June 2020 regarding NQ Minerals Plc Beaconsfield Gold Mine. 
 
NQ Minerals is an Australian-based mining company which 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. 
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NQ Minerals PLC's David Lenigas speaks to Proactive London after unveiling a new resource statement for the Beaconsfield gold mine in Tasmania. 
 
Total resources rise to 1.454mln tonnes at a grade of 10.3 grams per tonnes (g/t), for 483,000 ounces gold. 
 
He describes Beaconsfield as a rich gold deposit. 
 
“The deposit is open at depth and there is significant potential to increase these resources with further drilling." 
Sculpted from experience, built for success. 
 
NQ Minerals is an Australian-based mining company which 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. 
 
“Beaconsfield is a rich gold deposit with genuine scale,” NQ Minerals' chairman David Lenigas said in a statement. 
 
The deposit is open at depth and there is significant potential to increase these resources with further drilling." 
 
NQ Minerals Beaconsfield JORC Gold resource has increased to 483,000 ounces of Gold worth $1.26 Billion with significant additional gold potential to be assessed. 
Sculpted from experience, built for success. 
 
At Oakmount, we undertake a strict due diligence process when it comes to the assessment of investment products. 
 
This process aims to identify the key risks associated with the investment and to develop a risk mitigation plan to protect the best interests of our customers. 
 
This process will determine whether or not our business or our investors will invest in a specific company. 
 
The due diligence involves asking and answering a series of questions to evaluate the business and legal aspects of the opportunity. 
Sculpted from experience, built for success. 
 
NQ Minerals PLC's David Lenigas speaks to Proactive London after reporting a significant expansion of resources at the Barnes Hill nickel project.  
 
The new resource now stands at 25mln tonnes, at 0.6% nickel and 0.05% cobalt, up from 14mln tonnes which he says now means the mine could supply a plant of the planned scale for well over 20 years. 
 
NQ Minerals is an Australian-based mining company which commenced base metal and precious metal production in 2018 at its 100% owned flagship Hellyer Gold Mine in Tasmania. 
Sculpted from experience, built for success. 
 
''The road to success has many tempting parking spaces.'' 
Fortunately, we do all the hard work so that you don't have to. 
 
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''We’re living in a time of unprecedented change.'' 
 
Our snail mail has turned to email. We’ve traded our TVs and radios for Netflix and iTunes. 
 
Instead of going to the store down the street, we do our shopping online, and we can even pay with digital currency instead of cash. 
 
''Our world is transforming, and so is the energy industry.'' 
 
NQ Minerals is just one fine example of a business that is changing the future, today. 
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''NQ Minerals has an in-situ JORC compliant resource value of USD$2.7 Billion.'' 
 
The company is in discussion with industry heavyweights keen to participate in further project expansion as they seek to evolve into a supplier of key commodities for the Electric Vehicle Battery market. 
 
With an opportunity this compelling to profit responsibly, 
it makes 'MORE THAN' sense to partner with us. 
 
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NQ Minerals is an expanding base and precious metals production and exploration company with its operations centred around its Hellyer Operations in Tasmania, Australia. 
 
David Lenigas tells Proactive London's Andrew Scott its gold mine has been designated “essential” by the Tasmanian government and is still operating during the current outbreak.  
 
It produced 8,127 tonnes of lead and 4,609 tonnes of zinc during the quarter ending March 31, 2020. It also produced 1,081 ounces of gold and 230,441 ounces of silver as payable precious metal credits in the lead and zinc concentrate streams. Source: Proactive 
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