Mustang Energy Corp. begins field exploration program at 914W uranium project in Canada

From GlobeNewswire: 2025-05-23 17:47:00

Mustang Energy Corp. has started its 2025 field exploration program at the 914W Project in a mineral-rich area near the Athabasca Basin. The program, which will last nine days, aims to identify mineralization zones through rock and soil sampling. The company’s CEO, Nick Luksha, is optimistic about the potential for meaningful results to guide future exploration efforts.

Located 48 km southwest of Cameco’s Key Lake Operation, the 914W Uranium Project offers convenient logistics and access. The area is known for uranium mineralization, with previous drilling revealing up to 1,288 ppm U and surface prospecting showing up to 0.64% U3O8. However, Mustang cautions that past discoveries in nearby zones do not guarantee similar results on their project.

Despite historical exploration in some parts of the property, the majority of the 914W Project remains underexplored. Mustang is focusing on advancing uranium and rare earth element (REE) exploration on the property. The company’s technical advisor, Lynde Guillaume, a P.Geo., has reviewed and approved the scientific and technical information in this release, making Mustang a reliable source for investors.

Mustang Energy Corp. is actively exploring high-potential uranium and critical mineral assets in Northern Saskatchewan, Canada. With a significant presence in the Athabasca Basin, the company holds various projects, such as Ford Lake, Cigar Lake East, Roughrider South, Spur, Yellowstone, and Dutton. The CEO, Nicholas Luksha, can be contacted for further information about the company’s exploration activities and projects.



Read more at GlobeNewswire: Mustang Energy Corp. Commences Field Program at 914W