July 2020 was the first full month of Hellyer plant operations at the new production rate of over 1.2 million tpy. The plant achieved:

  • Record Hellyer monthly plant throughput of 106 365 t (1.25 million tpy).
  • Record monthly lead concentrate production of 4075 t concentrate, up from the average of 2921 tpm of concentrates 2Q20.
  • Zinc concentrate production of 1509 t.
  • Saleable gold in concentrates of 461 oz gross (before processing and streaming deductions).
  • Saleable silver in concentrates of 89 854 oz gross (before processing and streaming deductions).

David Lenigas, NQ’s Chairman, said: “The recent plant upgrades at Hellyer - an annualised throughput increase to over 1.2 tpy at the end of July - have seen a welcome and dramatic improvement in Hellyer’s operational performance and output. Our lead concentrate production now accounts for around 85% of monthly revenue, up from around 75% last year due to the recent rises in gold and silver prices.”