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Mustang charges for red-hot rubies

Mustang Resources (ASX: MUS) expects the shine from neighbouring the world’s largest ruby deposit to rub off on its flagship project in Mozambique. Ngaire McDiarmid reports.

Mustang charges for red-hot rubies Mustang charges for red-hot rubies Mustang charges for red-hot rubies Mustang charges for red-hot rubies Mustang charges for red-hot rubies

Mustang will use two 16ft rotary pans to process 600-2,400t/d of potentially ruby bearing material in its bulk sampling

Mustang Resources managing director Christiaan Jordaan believes the Montepuez ruby project is a company-maker with strong near-term production potential.