G79 0.00% 2.7¢ goldoz limited

Ann: Caula Project increases Graphite Mineral Resource, page-39

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  1. 52 Posts.
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    Mustang Resources shares ride higher after fourfold increase in graphite resource

    Mustang Resources Ltd (ASX:MUS) has taken another key step towards
    development with the completion of an upgraded graphite resource for its
    Caula Vanadium-Graphite Project in Mozambique.

    The resource, which is all in the measured category, is 21.9 million tonnes at
    13.4% total graphitic carbon (TGC) (8% cut-off) for a total of 2,933,100 tonnes
    of contained graphite.

    Importantly, the upgraded resource represents a 317% increase in size from
    702,600 tonnes of contained graphite to 2,933,100 tonnes of contained
    graphite.

    More here at http://www.*.com.au/companies/news/...old-increase-in-graphite-resource-201385.html
 
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