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NSL Consolidated Announces Phase Two Wet Plant Erection Stage on Schedule

HIGHLIGHTS

- Phase Two wet beneficiation plant erection stage continues on schedule.

- Construction of 33kV electrical powerline and switch yard near completion.

- All major Chinese equipment safely traversed and placed into final plant position.

- Key magnetic separation componentry, classifiers and ball mills complete.

- The electrical and piping installation is occurring in parallel to the Chinese equipment.

- Phase Two wet beneficiation plant on schedule for commissioning to commence in September 2016 and Q4 2016 positive cash flow.

NSL Consolidated Limited (Company, ASX:NSL, NSLO), is pleased to provide an update on its Phase Two wet beneficiation plant program.


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