Ann: Mustang Processing Ramp Up Nearing First Sales, page-8

ACtual news, unformatted.

February 2017 Mustang triples processing rate after successful plant ramp-up at Mozambique ruby project First gems now being cut in US ahead of sales to leading jewellery wholesalers next month Highlights:  Mustang has completed the first phase of the processing plant ramp-up at its Montepuez Ruby Project in Mozambique following relocation of the plant late last year  Processing running well ahead of targeted rate of 525tpd a day, hitting up to 1000tpd  Targeted processing rate forecast to increase monthly recoveries substantially  First rubies now being cut by internationally-renowned gemstone cutter and polisher Meg Berry in Tucson, Arizona  Follows last month’s dispatch of first parcel of gems totalling 6,221 carats to US service providers and customers  Cut stones will be certified at the laboratory of leading global gem analyst GIA in California this month  First sales to leading wholesalers scheduled to take place next month  Two additional ‘special stones’ of more than 5cts to be added to the parcel to be cut including one high quality 11ct ruby