Mustang Resources is pleased to announce that commissioning of the upgraded processing plant at its Montepuez Ruby Project in Mozambique has been highly successful and processing rates are now ramping up. Given this excellent progress, Mustang is confident that it will achieve its targeted processing rate of 1,500 tonnes a day within weeks [...]
Mustang Resources is pleased to provide the Company's latest Resources Rising Stars Investor Presentation May 2017. Montepuez Ruby Project Near-Term Cashflow from Bulk Sampling Program - Rubies are the most expensive gemstone after diamonds - with fine rubies +5cts extremely rare - Before the 2009 discovery of the Montepuez field in Mozambique [...]
Mustang Resources is pleased to announce the issuance of a research report compiled by Independent Investment Research for distribution to their network. To view the full copy of the report. For more information on IIR please visit: www.independentresearch.com.au
Mustang Resources is pleased to announce that highly experienced resource industry executive Peter Spiers has been appointed as a Non-executive Director. Mr Spiers has more than 30 years of international experience in the resources industry spanning exploration, mine development, operations and commercial roles. He spent 15 years with Western [...]
Mustang Resources is pleased to provide the Company's latest Investor Presentation May 2017. Overview: Mustang Poised For Rapid Growth - Market Cap: ~A$26m at 5.0c a share - Flagship Montepuez Project located next to London-listed Gemfields; Mustang and Gemfields only listed ruby miners in the world - Mustang on track for first sales revenue [...]
Mustang Resources is pleased to provide the following report on its activities during the March quarter 2017. Highlights MONTEPUEZ RUBY PROJECT, MOZAMBIQUE - Plant commissioning completed and post quarter upgrades taking capacity to 1,500tpd, a more than 300% increase from start of the quarter - Mustang acquired highly prospective ruby licence [...]
Mustang Resources is pleased to announce that it intends to sell the first rubies from its rapidly growing gem-ruby inventory as rough stones at an auction/tender to bulk buyers targeted for October 2017. Highlights - Mustang plans to generate its first revenues through the sale from its rough gem-ruby inventory through an auction/tender in [...]
Mustang Resources is pleased to announce that its gem-ruby inventory has grown to 63,989cts with strong receipts from prospecting teams and processing from the Alpha deposit in the first three weeks of March. Furthermore, the Company is pleased to announce that the first Montepuez 'Special Stones' sent to the US have now been cut by [...]
Mustang Resources is pleased to provide the Company's latest Investor Presentation. Overview: Mustang Poised for Rapid Growth Mustang Resources is one of only two listed ruby miners in the world and is developing its flagship Montepuez Ruby Project in Mozambique. Montepuez sits next to the world-class ruby project of London-listed [...]
This half-year report covers the consolidated entity consisting of ustang Resources and the entities it controlled during the half-year ended 31 December 2016. Operational overview The half year period to 31 December 2016 has been a pivotal period for Mustang Resources Ltd.("Mustang") which saw the Company put in place all of the foundations [...]
Mustang Resources is pleased to announce that it is set to export the second commercial parcel of gem-quality rubies from its Montepuez Project in Mozambique in a move which is expected to significantly increase the Company's sales revenue in 2017. Highlights - Mustang preparing to export its second commercial parcel of rubies totalling 25,000cts [...]
Mustang Resources is pleased to announce that it has made a spectacular high-grade graphite discovery at its 80% owned Caula Project (License 6678L) along geological strike of the Syrah Resources (ASX:SYR) world-class Balama graphite project in Mozambique. - Extremely high-grade results over extensive widths from diamond drilling at Mustang's [...]
