Mustang Resources: More wide, high-grade vanadium drilling results at Caula Project

Date:May 3, 2018

BEIJING (Asian Metal) 3 May 18 – On May 1, Australian-based Mustang Resources Ltd., Ltd. announced more outstanding drilling results from its Caula vanadium-graphite project in Mozambique.

The latest results, which come from drilling Fence Line 3, are considered important because the significant widths and grades continue to underpin the strong economic prospects for Caula project, particularly at current market prices for both commodities.

Mustang Resources drilled diamond holes MODD014, MODD015, MODD016 and MODD017 close to the previous five holes drilled in 2016. Assays show grades of up to 1.02% Vanadium (V2O5) and 24.2% Total Graphitic Carbon (TGC).

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