NQ Minerals signs deal to buy the rich Beaconsfield Gold Mine in Tasmania
Retrieved on:
Monday, February 24, 2020
NQ has signed a staged acquisition agreement totalling A$2million to purchase a 100% interest in the historic high-grade Beaconsfield Gold Mine in Tasmania.
Key Points:
- NQ has signed a staged acquisition agreement totalling A$2million to purchase a 100% interest in the historic high-grade Beaconsfield Gold Mine in Tasmania.
- Beaconsfield is historically one of the richest gold mines in Tasmania.
- Past gold production totalled nearly 2 million ounces from 1887 to 2012 at an average of nearly 15 grams per tonne ("g/t").
- In this regard, we believe that Beaconsfield offers a genuine opportunity for the Company to develop a high-quality gold asset.