# NQ Minerals Chair David Lenigas ‘operating as normal and producing good results’ (Interview)

- Link: https://www.directorstalkinterviews.com/nq-minerals-chair-david-lenigas-operating-as-normal-and-producing-good-results-interview/412811366
- Published: 2020-04-07T07:58:55+01:00
- Author: Giles Arbor

**NQ Minerals plc** (AQUIS: NQMI) (OTCQB: NQMLF) Chairman David Lenigas joins DirectorsTalk
to discuss Q1 2020 production figures and its COVID-19 response plan. David talks
us through the highlights, expands on the response plan, explains what the update
on the Beaconsfield Gold Mine means for the company and other news that investors
can expect over the coming months.

NQ Minerals is an expanding base and precious metals production and exploration 
company with its operations centered around its Hellyer Operations in Tasmania, 
Australia.

In 2015, the company listed in London based on a portfolio of historically proven
gold and silver exploration assets in Northern Queensland. In 2017, the Company 
acquired the Hellyer Gold Mine in Tasmania and subsequent to proving a Reserve of
over 8 million tonnes, commenced reprocessing of high grade tailings. During late
2018, the Company commenced production of lead, zinc and precious metal concentrates.
Hellyer has now achieved commercial production, exceeding originally anticipated
metallurgical performance and plans are in place for further expansion.

The Company is currently focussed on further exploration, mining and processing 
opportunities in Tasmania. These include the proposed development of a new nickel/
cobalt mine and processing facility, that will enable further commercialisation 
of the residual material from the reprocessing of Hellyer-tailings. At the same 
time the Company is advancing the development of its Northern Queensland properties
to bring these into commercial operation.

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