Mustang Resources is pleased to announce the issuance of a research report compiled by New York-based consulting firm, RB Milestone Group LLC, for distribution to its North American investor network. RB Milestone Group LLC is a New York-based consulting firm that specialises in assisting small and venture-stage companies with enhancing corporate [...]
Mustang Resources 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. The Company is also pleased to announce the release of an updated [...]
Mustang Resources 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. A site visit undertaken by Mustang consultant, Mr Paul Allan, has confirmed that artisanal miners are recovering large, high-quality [...]
Mustang Resources 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. A summary of the report is as follows. After visiting Mustang's Mozambique Ruby & Graphite projects in November 2016 and the [...]
Mustang Resources 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. Highlights: - Mustang has completed the first phase of the processing plant ramp-up at its Montepuez Ruby Project in Mozambique [...]
Mustang Resources is pleased to provide the Company's Investor Presentation titled "An Emerging Gemstone Miner in Mozambique". Overview: Mustang Poised For Rapid Growth - Market Cap: ~A$25M one of only 2 listed ruby miners in the world - Flagship Montepuez Project located next to London-listed Gemfields - Multiple ruby deposits identified in [...]
Mustang Resources 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. Highlights: - 596m of diamond drilling completed at Mustang's Balama Graphite Project, Mozambique [...]
The December 2016 Quarter has been a pivotal period for Mustang Resources 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 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. Highlights: - Mustang has completed the plant commissioning process at Montepuez following [...]
Mustang Resources 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 [...]
Mustang Resources is pleased to provide an update concerning the progress being made at its flagship Montepuez Ruby Project, as well as recent developments on its Balama Graphite Project. Montepuez Ruby Project: Bulk Sampling Mining Plant successfully moved to new location adjacent to the Alpha-Deposit & major underground water resources
