Date: Oct 8, 2018

The test work has shown high-grades and recoveries of vanadium concentrate can be produced from the tailings of the graphite flotation process through WHIMS.

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.

Mustang managing director Bernard Olivier said the preliminary vanadium results achieved through a simple WHIMS process was truly outstanding.

“Concentration through a WHIMS process is highly economical compared with other concentration processes and requires no expensive nor complicated reagents.

“I urge investors to compare our exceptional preliminary concentrate grades of around 1.7% vanadium pentoxide and 81% recoveries with other vanadium-dedicated projects.

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