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General mining & base metals

NQ Minerals submits draft prospectus to the FCA

NQ Minerals has built up a solid track record of production at Hellyer

NQ Minerals PLC (AQSE:NQMI)(OTCQB: NQMLF)(OTCQB: NQMIY) has submitted a draft prospectus to the UK Financial Conduct Authority for approval.

The company is considering applying for admission of its ordinary shares to the official list of the London Stock Exchange, via a standard listing.

The Company's flagship mining operation is the Hellyer Gold Mine in northern Tasmania, Australia.

Hellyer produced 38,391 tonnes of lead concentrates and 19,019 tonnes of zinc concentrates for 2020.

Payable gross gold production for 2020 was 5,452 ounces and payable gross silver production was 1,106,440 ounces.

These saleable precious metals reported to the lead and zinc concentrates.

NQ also owns the Beaconsfield Gold Mine in northern Tasmania, which has a published JORC (2012) compliant Mineral Resource Estimate of 1.454 million tonnes grading 10.3 g/t Au for 483,000 ounces of gold.

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