Ann: Corporate Presentation, page-12

Wheeeee! Nice! a few notable callouts for me:




Montepuez Ruby Project – New Discovery
• Initial bulk sample confirms significant new ruby discovery on recently acquired licence
• Shallow secondary deposit, with initial bulk sampling delivering gem quality rubies
• Consistent recovery of stones classed in the special/premium category
• Extensive secondary ruby mineralisation proven over 3,300m strike (open ended)


Caula Graphite Project – Overview
• Preliminary metallurgical testing & product optimisation just completed with SGS Perth
• Maiden JORC Resource on Caula in September 2017
• Caula will be one of the highest-grade graphite deposits in the world with >55% Large & Jumbo flakes in fresh ore
• High grade will enable Mustang to generate a top-quality product at a low cost, maximising margins and providing protection against any price volatility


So consistently finding special/premium stones, and we can expect a Graphite JORC sometime in the next 6 trading sessions... haha, no wonder there are so many games being played to draw out sellers at the moment!