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November 2016
MODERN MINING
9
MINING News
The bulk sampling plant at Montepuez has been fully commissioned (photo: Mustang).
the Mustang concession boundaries.
“The September quarter was a highly
productive period for Mustang at both
a corporate and operational level, high-
lighted by the commencement of our bulk
sampling at the Montepuez ruby project in
Mozambique,” comments Mustang’s MD,
Christiaan Jordaan.“As reported post quar-
ter end, the company was very pleased to
recover 460,43 carats of high quality rubies
from our bulk sampling start-up phase,
with recoveries anticipated to increase in
the comingmonths as production is scaled
up to circa 350 m
3
per day.
“During a site visit in July 2016, Mr
Vincent Pardieu, an independent gemolo-
gist with the GIA (Gemological Institute of
America), confirmed Mustang’s rubies are
high-quality and equivalent to other sec-
ondary deposits mined in the region – a
very important distinguishing factor of the
Alpha deposit.”
Mustang also holds interests in the Save
Birimian concludes agreement with Morila
ASX-listed Birimian Limited says it has
entered into an agreement with Société des
Mines de Morila (Morila) that could lead to
the commercialisation of several of its gold
deposits within its Massigui gold project in
Southern Mali.
According to Birimian, this agreement
provides a potential low risk, low cost pro-
cessing solution for these deposits, whilst
the company retains the significant upside
potential for further gold discoveries in the
broader project area.
Under the terms of the agreement,
Morila has been granted a six-month option
to acquire an ‘Area of Interest’ within the
project.
The Massigui gold project surrounds the
Morila mine lease on three sides and covers
strike extensions of the highly prospective
geological sequence that hosts the 7 Moz
Morila gold deposit.
Birimian has made significant gold dis-
coveries at three prospects, namely Ntiola,
Viper and Koting. These prospects are
situated in close proximity to the under-
utilised 4 Mt/a Morila treatment plant. Over
35 000 m of drilling has been completed on
the project to date.
River diamond and Balama graphite proj-
ects, also in Mozambique, but Montepuez
ranks at its flagship.