Project overview
About this development
Through the acquisition of 80% of Montepuez Minerals Pty Ltd, Mustang Resources gained rights to earn 70-80% of three highly prospective ruby licences covering 15 800 hectares in the Montepuez are in Mozambique, and located immediately adjacent the world’s largest known ruby deposit. The exact co-ordinates are currently not available however the approximate area of location is lat: -13.1340453; long: 38.9981052.
Project at a glance
Montepuez Ruby Project is located in Mozambique. The project is classified in the Private sector. Its current recorded stage is Complete. The recorded project value is R 200 Million+.