Mustang Resources Ltd (ASX:MUS) is pleased to announce the issuance of a research report compiled by New York-based consulting firm, RB Milestone Group LLC ("RBMG"), for distribution to its North American investor network.
Mustang Resources Ltd
Listed 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 four licences covering 19,500 hectares adjacent to the world’s largest ruby deposit discovered by Gemfields PLC (LON:GEM) in 2012. Since supply of rubies from sources outside Mozambique has become fractured and unreliable, Mustang stands to capitalise on the current demand around the world for ethically produced rubies by becoming a reliable, consistent supplier of high-quality rubies.
The Company is fast-tracking its work program on the Montepuez Ruby Project with high priority targets being identified and low-cost bulk sampling well underway. Mustang also holds interests in seven graphite licences in the Balama area of Mozambique, where it has discovered a Tier-1 high-grade flake graphite deposit at its Caula Project.
Visit the Mustang website at http://www.mustangresources.com.au for more information.
Mustang Resources Ltd (ASX:MUS) is pleased to announce that Managing Director, Christiaan Jordaan, will be undertaking a series of investor meetings in North America between 1 and 8 March 2017 to introduce the Company's Montepuez Ruby Project to sophisticated and institutional investors.
Mustang Resources Ltd (ASX:MUS) Acquires Highly Prospective Adjacent Ruby License Next to Gemfields (LON:GEM)
Mustang Resources Ltd (ASX:MUS) is pleased to announce that it has agreed to acquire a 65 per cent interest in a new highly strategic ruby license (License 8245L) which borders its existing Montepuez Ruby Project in Mozambique.
Mustang Resources Ltd (ASX:MUS) is pleased to announce that Baker Young Stockbrokers has released an updated research report on the Montepuez Ruby Project and the Balama Graphite Project which Mustang is developing in Northern Mozambique.
Mustang Resources Ltd (ASX:MUS) Triples Processing Rate after Successful Plant Ramp-Up at Mozambique Ruby Project
Mustang Resources Ltd (ASX:MUS) is pleased to announce that its increase of processing capacity is firmly on track, with the first phase of its processing plant ramp-up successfully completed at the Montepuez project in Mozambique.
Mustang Resources Ltd (ASX:MUS) Drilling Confirms Potential to Delineate High-Grade Graphite Resource at Balama
Mustang Resources Ltd (ASX:MUS) is pleased to report encouraging preliminary results from the recently completed diamond drilling program at the Company's high-grade Balama Graphite Project, located in the world-class graphite province of Northern Mozambique.
Mustang Resources Ltd (ASX:MUS) is pleased to provide the Company's latest Investor Presentation titled "An Emerging Gemstone Miner in Mozambique".
The December 2016 Quarter has been a pivotal period for Mustang Resources (ASX:MUS) which saw the Company put in place all of the foundations required to unlock the value of its flagship Montepuez Ruby Project in the Cabo Delgado Province of north-eastern Mozambique and become a significant new player in the rapidly growing global coloured gemstone market.
Mustang Resources Ltd (ASX:MUS) is pleased to advise that its strategy to ramp up production and generate the first sales revenue at its Montepuez Ruby Project in Mozambique is firmly on track, with commissioning of the relocated processing plant now completed.
Mustang Resources Limited (ASX:MUS) is pleased to announce that it has received formal commitments to raise $2.8 million in an oversubscribed placement led by US institutional investors in conjunction with Australian sophisticated investors through the issue of 133.4 million new ordinary shares, ranking pari passu with existing holders, at an issue price of 2.1 cents per share.