Mustang Energy Corp. Commences Field Program at 914W Uranium Project

Core Viewpoint - Mustang Energy Corp. has initiated its 2025 field exploration program at the 914W Project, located in a mineral-rich area south of the Athabasca Basin, aiming to advance its exploration strategy through systematic activities [1][2][3]. Group 1: Project Overview - The 914W Project is approximately 48 km southwest of Cameco's Key Lake Operation, with favorable logistics via Highway 914 [3]. - The project area has shown promising geological features, including local graphite-bearing assemblages and historical mineralization results, such as up to 1,288 ppm U in drill hole ML-11 and up to 0.64% U3O8 in surface prospecting at Don Lake Zone E [4][3]. Group 2: Exploration Activities - The field program will consist of surface prospecting activities, including detailed rock and soil sampling over nine days, aimed at identifying mineralization zones [2]. - Results from this initial phase are expected to guide future exploration efforts, including potential geophysical surveys or drilling [2]. Group 3: Company Strategy - Mustang Energy Corp. is focused on acquiring and developing high-potential uranium and critical mineral assets, holding a total of 92,211 hectares in the Athabasca Basin [8]. - The company sees significant potential for advancing uranium and rare earth element exploration on the 914W Project, which remains largely underexplored despite previous surveys [6].