Mustang Drills 9.1 Meters of 3.9 g/t Platinum-Palladium Strike

- May 5th, 2011

Mustang Minerals Corp. (CVE:MUM,FRA:NJF) (“Mustang”) reports drill results pursuant to its discovery of platinum-palladium mineralization at its Mayville Property in Canada.

Mustang Minerals Corp. (TSXV:MUM,FRA:NJF) (“Mustang”) reports drill results pursuant to its discovery of platinum-palladium mineralization at its Mayville Property in Canada.

The press release is quoted as saying,

All three drill holes intersected Pt-Pd mineralization near surface. The best mineralization was encountered in MAY11-27 where mineralization is hosted at the ultramafic and gabbro contact. MAY11-27 was drilled 50 meters to the east of the discovery holes and 25 meters to south. The highest interval in this hole was 3.9 g/t Au+Pt+Pd over 9.1 meters (96.7m – 105.8m) which included a 1.5 meter assay that returned values of 2.1 g/t Pt and 5.2 g/t Pd (99.7 – 101.2m). As well, a gold assay of 0.9 g/t Au was returned. This indicates the potential within the PGM zone for additional precious metal enrichment. Overall Mustang is very encouraged with the drilling results in the holes drilled to date at the new PGM discovery.

For the complete press release, click here.

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