Mustang Resources Ltd (MTTGF) Developing the World Class Caula Vanadium Graphite Project
Mustang Resources Ltd (ASX:MUS) (FRA:GGY) (OTCMKTS:MTTGF) Presentation: Developing the world class Caula Vanadium Graphite Project
Highlights:
Focused on the mining and exploration of 'New Energy Minerals', critical commodities for the lithium and vanadium battery markets, next generation steel and fire-resistant building materials
Mustang is fast-tracking the world-class Caula Vanadium-Graphite project with first cash flows targeted for H2 of 2019
Mustang's Caula project hosts a JORC (Measured) vanadium-graphite resource of 22 Mt @ 0.37% V205 (0.2% cut-off) and 13.4% TGC (8% cut-off) for 81,600 tonnes of vanadium pentoxide (180 million pounds) and 2.93 Mt of contained graphite
High grade intersections of up to 1.9% V205 and 29% TGC
Simple and robust fully integrated processing flowsheet developed to deliver both graphite and vanadium products
Highly experienced board of directors and management team with a proven track record in developing profitable projects in Mozambique and Africa in general
Mustang to change its name to 'New Energy Minerals (ASX:NXE)' (subject to shareholder approval at 2 October 2018 EGM)
To view the presentation, please visit:
http://abnnewswire.net/lnk/0O578HDV
Managing Director: Mustang Resources Limited Bernard Olivier E: bernard@mustangresources.com.au M: +61-4-08948-182 T: +27-66-4702-979 Media & Investor Relations: Jane Morgan Management Jane Morgan E: jm@janemorganmanagement.com.au T: +61-405-555-618
News Provided by ABN Newswire