Developing the World Class Caula Vanadium Graphite Project
Developing the World Class Caula Vanadium Graphite Project
Sydney, Sep 17, 2018 AEST (ABN Newswire) - Mustang Resources Ltd (ASX:MUS) (FRA:GGY) (OTCMKTS:MTTGF) Presentation: Developing the world class Caula Vanadium Graphite Project

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% V205 (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% V205 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 presentation, please visit:
http://abnnewswire.net/lnk/0O578HDV


About New Energy Minerals Ltd

New Energy Minerals Ltd (ASX:NXE) (FRA:GGY) 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
Bernard Olivier
E: bernard@mustangresources.com.au
M: +61-4-08948-182
T: +27-66-4702-979

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



Related Companies

New Energy Minerals Ltd   

ABN Newswire This Page Viewed:  (Last 7 Days: 52) (Last 30 Days: 337) (Since Published: 1500) 
ANALYTICS: LOGIN HERE

New Energy Minerals Ltd NEWS: RECENT VISITS (18979)

Research Report

Social Media