Date: Oct 4, 2018
Mustang Resources Ltd (ASX:MUS) has produced high-grade vanadium concentrate in initial bench-scale metallurgical test work on ore from its Caula Vanadium-Graphite Project in Mozambique.
The company used an integrated graphite and vanadium flowsheet and the test work utilised wet high-intensity magnetic separation (WHIMS) on composite samples.
This resulted in a cleaner concentrate grade of 1.66% vanadium pentoxide with 80.6% recovery.
Results were achieved from an overall feed grade of 0.401% vanadium before graphite extraction.
Based on its new focus on battery metals, Mustang recently received shareholder approval to change its name to New Energy Minerals Ltd.
READ: Mustang Resources eyes first cash flow from world-class vanadium-graphite project in 2019
Mustang managing director Bernard Olivier said the preliminary vanadium results achieved through a simple WHIMS process was truly outstanding.
