AUSTRALIA STORIES

NQ to take on Hellyer

Another small-cap mining company will take on the Hellyer mine in Tasmania, Australia, which has had a previous life as a zinc operation and could now be exploited as a precious and base metals tailings asset.

Hellyer mine is in green north-west Tasmania, with a processing plant in good nick

Hellyer mine is in green north-west Tasmania, with a processing plant in good nick

NQ Minerals (LN:NQM) has joined the group of juniors to take on the project, in the island’s north-west, which it calls the Hellyer gold mine.   The junior will pay A$20 million (US$15 million) for current...

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