Developing the World-Class Caula Vanadium Graphite Project
Investor Presentation Hong Kong Roadshow
Sydney, Sep 25, 2018 AEST (ABN Newswire) - Mustang Resources Ltd (
ASX:MUS) (MTTGF:OTCMKTS) provides the Company's latest Investor Presentation at Hong Kong Roadshow.
INVESTMENT 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% V2O5 (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% V2O5 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 full presentation, please visit:
http://abnnewswire.net/lnk/26D5755Y
About New Energy Minerals Ltd
New 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.
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