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Mustang Resources Ltd


Mustang Resources Ltd ASX:MUSListed on the Australian Securities Exchange, Mustang Resources Limited (ASX:MUS) (FRA:GGY) is an emerging gemstone developer and producer focused on the near-term development of the highly prospective Montepuez Ruby Project in northern Mozambique.

The Montepuez Ruby Project consists of three licences and now one mining concession covering 19,300 hectares directly adjacent to the world’s largest ruby deposit discovered by Gemfields PLC in 2012. Since supply of rubies from sources outside Mozambique has become fractured and unreliable, Mustang stands to capitalise on the current high demand around the world for ethically produced rubies by becoming a reliable, consistent supplier of high-quality rubies.

The Company is currently fast-tracking its work program on the Montepuez Ruby Project with extensive secondary deposits discovered and low-cost bulk sampling well underway. First rough ruby sales are scheduled for 27 to 30 October 2017 in Port Louis, Republic of Mauritius under a closed bid tender of more than 350,000 cts gem quality rubies.

Visit the Mustang website at for more information.



Mustang Resources Ltd (ASX:MUS) Appointment of Managing Director and Chief Operating Officer

🕔1/15/2018 10:31:26 AM 770

Mustang Resources (ASX:MUS) (OTCMKTS:GGPLF) is pleased to announce the appointment of Dr. Bernard Olivier to the Board as Managing Director and Cobus van Wyk as Chief Operating Officer and Executive Director.

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Mustang Resources Ltd (ASX:MUS) Insurance Claim Settled

🕔1/12/2018 11:44:10 AM 800

Mustang Resources Limited (ASX:MUS) (OTCMKTS:GGPLF) is pleased to advise that it has received the proceeds of the insurance claim relating to the rubies and corundum stolen in the robbery at its Montepuez Ruby Project in September 2017 (see ASX release dated 26 September 2017).

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Mustang Resources Ltd (ASX:MUS) Secures $19.95m Funding From Institutional Investor

🕔1/8/2018 11:51:44 AM 1203

Mustang Resources Ltd (ASX:MUS) (FRA:GGY) (OTCMKTS:GGPLF) is pleased to announce that it has secured a A$19.95 million funding facility under a convertible note facility (Convertible Note Deed) with a leading US institutional investor.

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Mustang Resources Ltd (ASX:MUS) Caula Graphite Project Metallurgical Results Improved

🕔12/13/2017 10:08:11 AM 981

Mustang Resources Ltd (ASX:MUS) is pleased to announce that further metallurgical testwork on Oxide and Fresh samples taken from its 80% owned Caula Project (Licence 6678L) has provided more firm evidence of the quality of the mineralisation.

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Mustang Resources Ltd (ASX:MUS) Chairmans Address 2017 AGM

🕔11/24/2017 3:10:16 PM 1219

Mustang Resources Ltd (ASX:MUS) (OTCMKTS:GGPLF) The Montepuez Ruby Project in Mozambique, although still very much in the exploration stage, made significant advances during the year.

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Mustang Resources Ltd (ASX:MUS) Ruby Operations and Strategy Update

🕔11/16/2017 11:01:25 AM 1298

Mustang Resources Limited (ASX:MUS) (OTCMKTS:GGPLF) has conducted an internal review of its recent first ruby auction and an assessment of its commercial and exploration strategy.

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Mustang Resources Ltd (ASX:MUS) Managing Director Resigns

🕔11/13/2017 10:05:18 AM 1508

Mustang Resources (ASX:MUS) (OTCMKTS:GGPLF) announces that Christiaan Jordaan has resigned as Managing Director, effective today. He remains as a Non-Executive Director of the Company.

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Mustang Resources Ltd (ASX:MUS) Montepuez Ruby Project - Update

🕔11/7/2017 10:58:46 AM 1304

Further to the announcement last week on the tender results, Mustang Resources Ltd (ASX:MUS) (OTCMKTS:GGPLF) wishes to confirm that it is currently undertaking a detailed assessment of the market intelligence gathered from the first tender concluded Monday last week.

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Mustang Resources Ltd (ASX:MUS) Maiden Inferred Mineral Resource Estimate Completed for Caula Graphite Project

🕔11/6/2017 11:15:19 AM 2107

Mustang Resources Ltd (ASX:MUS) (OTCMKTS:GGPLF) is pleased to announce its maiden JORC Compliant Mineral Inferred Resource estimate for the Caula Graphite Deposit (Licence 6678L).

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Mustang Resources Ltd (ASX:MUS) Inaugural Rough Ruby Tender Results

🕔11/1/2017 10:08:03 AM 1795

As foreshadowed in previous announcements to the market, Mustang Resources Limited (ASX:MUS) (OTCMKTS:GGPLF) confirms that it has completed its inaugural ruby tender, which was held between 27 and 30 October 2017 in Port Louis, Mauritius. The tender results were received by the Company at 8pm AEDT on Monday 30 October 2017.

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Markets ASX:MUS

Company Data

  • Level 10, 20 Martin Place
    Sydney NSW 2000
  • Telephone
  • +61-2-9239-3119  
  • Principal Sector
  • Materials 
  • Principal Industry
  • Mining & Metals 
  • Homepage
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