Mustang Minerals Provides Corporate and Exploration Update

Mustang Minerals (TSXV:MUM) (“Mustang” or the “Company”) today provided an update with respect to its exploration and corporate activities.
Exploration
With an improved working capital position Mustang is now poised to move forward with its core business of mineral exploration and development on its exploration properties in Manitoba.

The Company has identified targets for further drilling at both the Makwa and Mayville Property focused on the potential for high grade nickel-copper-cobalt and platinum group metals.
The discovery of further resources may enable enhancement of project economics for the Makwa-Mayville project.

A 3D inversion of a surface pulse EM survey data completed in 2015 at Mayville identified two prominent geophysical targets at depth. Those targets are expected to the focus of future drilling at the project.
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