Mustang Updates Project Economics at Makwa Nickel Project

- March 23rd, 2010

Mustang Minerals Corp. (TSX VENTURE:MUM) reported news of recent activities to develop the Makwa Nickel-Copper-PGM Project located in southeast Manitoba.

Mustang Minerals Corp. (TSX VENTURE:MUM) reported news of recent activities to develop the Makwa Nickel-Copper-PGM Project located in southeast Manitoba.

The press release is quoted as saying:

Mustang recently completed several drill holes at the Makwa Project including two holes designed to test the depth potential of the eastern portion of the deposit beneath the previously known shallower sections. The Company has recently received its exploration work permit for the Mayville Property which is located approximately 35 km north of Makwa. Mustang is evaluating the potential to co- process a near surface core of Mayville mineralization with the Makwa deposit.

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