Developing the World-Class Caula Vanadium Graphite Project

Mustang Resources Ltd (ASX:MUS) (OTCMKTS:MTTGF) provides the Company's latest Investor Presentation at Hong Kong Roadshow.

INVESTMENT HIGHLIGHTS

- Focused on the mining and exploration of 'New Energy Minerals', critical commodities for the lithium and vanadium battery markets, next generation steel and fire-resistant building materials

- Mustang is fast-tracking the world-class Caula Vanadium-Graphite project with first cash flows targeted for H2 of 2019

- Mustang's Caula project hosts a JORC (Measured) vanadium-graphite resource of 22 Mt @ 0.37% V2O5 (0.2% cut-off) and 13.4% TGC (8% cut-off) for 81,600 tonnes of vanadium pentoxide (180 million pounds) and 2.93 Mt of contained graphite

- High grade intersections of up to 1.9% V2O5 and 29% TGC

- Simple and robust fully integrated processing flowsheet developed to deliver both graphite and vanadium products

- Highly experienced board of directors and management team with a proven track record in developing profitable projects in Mozambique and Africa in general

- Mustang to change its name to 'New Energy Minerals (ASX:NXE)' (subject to shareholder approval at 2 October 2018 EGM)

To view the full presentation, please visit:
http://abnnewswire.net/lnk/26D5755Y


About New Energy Minerals Ltd

New Energy Minerals Ltd is an ASX listed company focused on the mining and exploration of Vanadium and Graphite – two commodities critical for the 'New Energy Market'.

The Company is currently fast tracking its world-class Caula Vanadium-Graphite project in Northern Mozambique, located along strike from the Syrah Resources Ltd (ASX:SYR) Balama Project, with first cash flows targeted for H2 of 2019 from trial mining operations. New Energy Minerals' Caula project hosts a JORC (Measured) vanadium-graphite resource of 22 Mt @ 0.37% V2O5 (0.2% cut-off) and 13.4% TGC (8% cut-off) for 81,600 tonnes of vanadium pentoxide (180 million pounds) and 2.93 Mt of contained graphite.

New Energy minerals has a highly experienced Board of Directors, management, finance, exploration and geological team, with a 15-year track record of investment and successful project development in Mozambique and the Africa region. The Company aims to become a major provider of vanadium and graphite, both key components used in battery production.

  

Contact

Managing Director:
Mustang Resources Limited
Dr. Bernard Olivier
E: bernard@mustangresources.com.au
M: +61-4-08948-182

Media & Investor Relations:
Jane Morgan Management
Jane Morgan
E: jm@janemorganmanagement.com.au
T: +61-405-555-618



Link: Investor Presentation Hong Kong Roadshow



Related Companies

New Energy Minerals Ltd
  


Related Industry Topics:
Materials General Mining Graphite Gemstones