New Energy Minerals Ltd Stock Market Press Releases and Company Profile
Developing the World Class Caula Vanadium Graphite Project
Developing the World Class Caula Vanadium Graphite Project

Sydney, Sep 17, 2018 AEST (ABN Newswire) - Mustang Resources Ltd (googlechartASX:MUS) (googlechartGGY:FRA) (googlechartMTTGF:OTCMKTS) 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 (googlechartASX:NXE)' (subject to shareholder approval at 2 October 2018 EGM)

To view the presentation, please visit:
http://abnnewswire.net/lnk/0O578HDV


About New Energy Minerals Ltd

New Energy Minerals LtdNew Energy Minerals Ltd (ASX:NXE) (FRA:GGY) is an ASX listed junior mining company, that recently announced the divestment of the Company's Caula vanadium - graphite project and the Montepuez Ruby project in Mozambique.

https://twitter.com/newenergy_min abnnewswire.com 


Contact

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



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