NQM 0.00% 40.5¢ north queensland metals limited

gold production target achieved after 2 months

  1. 559 Posts.
    5314 oz Gold produced! Target achieved just 2 months after acquisition

    5314 ou produces in February, worth 5.6 mio A$. Mine will be redesigned, output will increase from 62 koz/y to 70k oz/y.

    Resource statement later this month, i like the following
    "The first JORC compliant Reserve and Resource statement for Pajingo will be released later this month incorporating some of the new mining plans. The statement will no doubt surprise those who might have been under the impression that Pajingo was almost exhausted. The previous owner being a US company did not report Resource but had done much work on what was classified as Non Reserve Mineralisation"

    Cool Stuff

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