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NQ Minerals boosts production significantly during the third quarter

NQ is beginning to build a strong track record of production at Hellyer

NQ Minerals PLC -

NQ Minerals PLC (AQSE:NQMI) (OTCQB:NQMLF) (OTCQB:NQMIY) has filed quarterly production and financial results for its wholly-company, Hellyer Gold Mines Pty Ltd for the quarter ending September 30, 2020.

The company owns the Hellyer mine in Australia.

Lead concentrate production, at 11,865 tonnes of concentrate, was up 35% from the previous quarter and up 78% compared to the same quarter last year.

Zinc concentrate production was up 8% from the previous quarter, at 4,585 tonnes of concentrate, and up 38% compared to the same quarter last year.

Unaudited net revenue from Hellyer for the quarter was A$19.1mln and gross profit realised for the quarter was A$10.7mln. 

 

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