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Mustang discovers new deposit at Montepuez

Creamer Media Senior Deputy Editor: Australasia
Ruby miner Mustang Resources has reported the discovery of a significant new ruby deposit at its Montepuez project, in Mozambique. The ASX-listed company on Tuesday told shareholders that the new ruby-bearing gravels were discovered some 3.5 km directly south-west from Mustang’s 200 t/h processing plant.

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