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Mustang Resources Update for Save River Diamond Project

Highlights:
 
-  Deposition of gem-quality diamonds in the Save River successfully proven with 9.92 carats recovered from initial bulk sampling program
 
-  Phase 1 exploration and bulk sampling program completed – largest diamond discovered 2.58 carats
 
-  Upgraded diamond recovery plant commissioned - capacity increased from 50m3 to 1,000m3/day
 
-  Digging of lower level gravels commenced with new machinery mobilised to site in preparation for scheduled project expansion
 
-  RC drill rig onsite to accelerate definition of paleo channels & sampling targets – targeting JORC compliant Mineral Resource for Save River
 
Mustang Resources Ltd (ASX:MUS) (“Mustang” or the “Company”) is pleased to provide an update on ongoing exploration and diamond recovery activities at the Save River Diamond Project in Mozambique.
 
 
 
For further information please download PDF attached:
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