Mustang Resources Ltd (
Mustang's Montepuez Ruby Project
A Significant New Gemstone Discovery
- The Montepuez region in Mozambique represents a substantial share of the lucrative global ruby market
- Mustang's initial bulk sampling confirms significant new ruby discoveries on licences with scope for expansion
- Shallow secondary deposits, with initial bulk sampling delivering gem quality rubies
- Consistent recovery of full quality range including premium category stones
- Mustang has 143sqkm highly prospective ground and extensive secondary ruby mineralisation proven over 4,200m strike (open ended)
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About New Energy Minerals Ltd
New Energy Minerals (ASX:NXE) is an ASX listed junior mining company, that recently announced the divestment of the Company's Caula vanadium - graphite project and the Montepuez Ruby project in Mozambique.
Contact
Managing Director:Bernard Olivier
E: bernard@mustangresources.com.au
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