Mustang Energy acquires 5,228-hectare property in Saskatchewan's Athabasca Basin for uranium exploration.

From GlobeNewswire: 2025-01-10 17:39:00

Mustang Energy Corp. has acquired the Königsstuhl Project, a 5,228-hectare property in Saskatchewan’s Athabasca Basin. The project is near Cameco’s McArthur River and Cigar Lake Mines. Previous exploration revealed promising uranium mineralization. The acquisition aligns with Mustang’s strategy to build a strong uranium asset portfolio in the region. The project’s geology shows potential for uranium mineralization similar to Cigar Lake and McArthur River. As global energy markets transition to low-carbon solutions, nuclear energy demand is increasing, driving the need for uranium resources.

Mustang Energy Corp. has engaged with MCS Market Communication Services GmbH for a promotional campaign in European markets. The company’s budget for the campaign has been increased to EUR750,000. The campaign includes online marketing activities to enhance brand recognition and investor outreach. The engagement with MCS aims to complement Mustang’s recent listing in Frankfurt. The promotional campaign will run for six months, focusing on email, Facebook, and Google marketing strategies. Mustang Energy Corp. is a resource exploration company focused on acquiring and developing uranium and critical mineral assets in Canada’s Athabasca Basin.



Read more at GlobeNewswire: Mustang Energy Acquires Additional Land Holdings in the