From GlobeNewswire: 2025-06-18 20:51:00

Mustang Energy Corp. has received exploration permits from the Saskatchewan Government for the Spur Project, allowing for ground-based exploration activities. The permits are valid until April 30, 2028, and include authorization for mineral exploration activities like trail construction and diamond drilling. The company will prioritize consultation with local communities and environmental stewardship. The Spur Project covers 23,680 hectares south of the Athabasca Basin, presenting potential for uranium, thorium, and rare earth element exploration. The Project’s geological setting offers lower cost exploration due to the absence of Athabasca Sandstone cover. Adjacent properties have shown high-grade surface grab samples.



Read more at GlobeNewswire: Mustang Energy Corp. Receives Exploration Permit for the