African Mining Network

AMN was established to develop and build relationships across Africa’s mining community, and give the world a preview of what is happening in mining in Africa.

AMN - MOZAMBIQUE: Mustang ruby inventory grows

The gem-ruby inventory from Mustang Resources’ properties in Mozambique continues to grow. The company says it now stands at 63,989 carats with strong receipts from prospecting teams and processing from the Alpha deposit during March.

Furthermore, the company announces that the first Montepuez ‘Special Stones’ sent to the US have been cut by internationally-recognised gemstone cutter and polisher Meg Berry. They were polished in preparation for certification at the GIA Laboratory and their sale in Q2 of 2017.

Mustang also announces that the company’s fully paid ordinary shares have recently listed on the Frankfurt Stock Exchange while the company retains its primary listing on the Australian Securities Exchange.

The Frankfurt listing is a result of growing interest from European investors in the company’s Montepuez Ruby Project and Caula Graphite Project, both of which are in northern Mozambique.

www.mustangresources.com.au