Investment Highlights
- Mustang has acquired highly prospective diamond, graphite and ruby licences in Northern Mozambique (94,000 ha total acreage)
- Recently acquired Montepuez Ruby Project is located in a world-class ruby province, adjacent to world’s largest ruby deposit held by Gemfields PLC (AIM. GEM)
- Successful phase 1 trial mining program has proven occurrence of diamonds at Save River Project:
47 alluvial diamonds recovered to date for a total of 30.28 carats;
Diamonds have been recovered from both the shallow soils above the calcrete layer and more recently from below the calcrete layer - targeting coarser gravels above the bedrock & increasing the bulk sampling volumes
- The Balama Graphite Project has proven the existence of high grade, jumbo flake size graphite with strong potential to move quickly to advanced exploration status with a modest exploration program
- Mustang is committed to the fast-tracked development of its three key projects in Mozambique in order to realise early cash flow opportunities
To view Presentation please download PDF attached:
