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Maiden graphite resource lifts Mustang share price

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GRAPHITE/RUBIES
The share price of ruby miner Mustang Resources clawed back some ground on Monday after the company announced a maiden inferred mineral resource for its Cuala graphite project, in Mozambique. The project is estimated to host an inferred mineral resource of 5.4-million tonnes, at 13% total graphitic carbon, for 702 600 t of contained graphite.
 
 
 
 
 

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