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: