Mustang Resources is pleased to announce its maiden JORC Compliant Mineral Inferred Resource estimate for the Caula Graphite Deposit. The Caula Deposit is located along strike from Syrah Resources' world-class Balama graphite project in Mozambique. Key Points - The maiden JORC Compliant Inferred Mineral Resource estimate for Caula graphite deposit [...]
As foreshadowed in previous announcements to the market, Mustang Resources 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. HIGHLIGHTS - Inaugural tender process was concluded on [...]
Mustang Resources provides the Company's Quarterly Activities Report. MONTEPUEZ RUBY PROJECT - Inventory soars from 120,000cts at end of June quarter, 2017 to 352,000cts - Mustang to take ~405,000cts to its maiden public tender in October - more than double its original target - More than 120 people from 42 leading global ruby buyers attending [...]
Sydney, Australia (ABN Newswire) - Mustang Resources (ASX:MUS) (OTCMKTS:GGPLF) is pleased to announce that it will take a total of 405,000 carats to its maiden rough ruby tender later this week - more than double the 200,000 carats it initially targeted when setting the sale date. Key Points - Mustang has finalised the inventory for its maiden [...]
Mustang Resources provides the Company's latest presentation at Australian Microcap Investment Conference. Key Investment Takeaways - Premier ruby project in a world-class gemstone province - Management team with in country experience & "skin in the game" - First sales revenue targeted for 27 to 30 October 2017 through auction / tender a proven [...]
Mustang Resources is pleased to announce that its ruby inventory has grown strongly to 352,260 carats, putting the Company in an outstanding position in the lead-up to its maiden rough ruby tender to be held between 27 and 30 October 2017 in Port Louis, Mauritius. Key Points - Mustang set to take to tender around twice as many carats as [...]
Mustang Resources provides the Company's latest North American Investor Presentation. Overview: Mustang Poised For Rapid Growth GOAL: To become one of the world's leading suppliers of high quality Mozambique rubies through regular closed-bid tenders - Mustang is the only listed ruby miner in the world - Ruby production successfully ramped up at [...]
Mustang Resources continued with development of its new assets, being ruby and graphite exploration projects in Mozambique with a principal focus on the Montepuez Ruby Project. Significant capital raisings have allowed the Company to acquire a new ruby asset and further strengthen its consolidated statement of financial position. Operations [...]
Mustang Resources provides the Company's latest Corporate Presentation. Overview: Mustang Poised For Rapid Growth GOAL: To become one of the world's leading suppliers of high quality Mozambique rubies through regular closed-bid tenders - Mustang is the only listed ruby miner in the world - Ruby production successfully ramped up at the Montepuez [...]
Sydney, Australia (ABN Newswire) - Mustang Resources (ASX:MUS) (OTCMKTS:GGPLF) is pleased to announce that its ruby inventory has soared to 277,852 carats. The outstanding result means Mustang's inventory is set to comfortably exceed 300,000 carats by the time of its maiden tender, which will be held over four days from Friday 27 October to Monday [...]
Mustang Resources is pleased to announce that preparations for the maiden auction of its rubies in October are firmly on track, with its inventory rising to 176,522 carats. The latest increase follows a record month of production in August, during which the plant at the Montepuez project in Mozambique delivered 15,613 carats from the 34,561 tonnes [...]
Mustang Resources provide the Corporate Presentation for the Mining Resources Convention titled: Mustang Poised For Rapid Growth Highlights: - MarketCap: ~A$35 million - only listed ruby miner in the world - Flagship Montepuez Project located next to Gemfields Pre takeover marketcap: ~A$300 million o GEM:US$280 million of rough ruby sales from [...]
