Mustang Energy engages Axiom Exploration for Aerial Electromagnetic Survey in Saskatchewan.

From GlobeNewswire: 2025-02-04 19:49:00

Mustang Energy Corp. has engaged Axiom Exploration Group to conduct an Aerial Electromagnetic Survey over its Dutton Project in Saskatchewan. The Xcite™ TDEM survey will locate EM anomalies for future drill targeting. Axiom uses a new generation helicopter-borne TDEM system for efficient mineral exploration in North America.

The Dutton Project, owned by Mustang, spans 7,633 hectares in the Athabasca Basin. It lies near high-grade uranium deposits and has never been drill-tested. Historical exploration identified EM anomalies and radioactive dykes. Additional surveys and sampling will aid in future drill targeting on the property.

Mustang Energy Corp. is actively exploring high-potential uranium assets in Northern Saskatchewan. The Company holds properties in the Athabasca Basin, including the Ford Lake, Cigar Lake East, and Roughrider South projects. Mustang has also expanded its presence in the Cluff Lake region and the south central region with the Yellowstone and Dutton Projects.

Gold Standard Media, LLC is providing advertising services to Mustang through various online channels. The engagement began in February 2025 and will continue until May 2025. Mustang has agreed to pay a one-time fee of US$400,000 to Gold Standard. The Company advises caution when relying on information about nearby uranium deposits for the Dutton Project.

Mustang Energy Corp. can be contacted for further information about their exploration and development activities in Saskatchewan. The Company is focused on acquiring and developing uranium and critical mineral assets in the region. Mustang is actively exploring multiple projects in the Athabasca Basin to unlock their potential for mineral resources.



Read more at GlobeNewswire: Mustang Energy Engages Axiom Exploration for Airborne