TORONTO, ONTARIO -- (Marketwire) -- 05/17/12 -- Mustang Minerals Corp, (TSX VENTURE: MUM)(FRANKFURT: NJF) ("Mustang" or the "Company") today announced an update on its drilling activities at the Mayville Property in southeast Manitoba approximately 2 hours northeast of Winnipeg. Recent drilling below the Mayville M2 Zone has produced further encouraging indications with 8 of 9 drill holes encountering a zone of [...]
TORONTO, ONTARIO -- (Marketwire) -- 04/10/12 -- "Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) and Western Areas NL (TSX: WSA)(ASX: WSA) have initiated a drill program at Mustang Mineral's East Bull Lake property located west of Sudbury and near Massey, Ontario. A minimum of seven (7) drill holes and two thousand (2,000) meters are planned to be drilled. These drill holes will test the Ni-Cu-PGE potential of [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/05/12 -- Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) ('Mustang' or the 'Company') today provided an update on its exploration activities at the Company's Mayville Property which is located northeast of Winnipeg, Manitoba. The Company is drilling approximately 30 exploration and resource development holes at its Mayville Property. Mayville hosts an open pit copper
TORONTO, ONTARIO -- (Marketwire) -- 01/23/12 -- Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) ('Mustang' or the 'Company') is pleased to announce it has completed the final closing of a non-brokered private placement financing (the 'Offering') raising a total of $4,631,467.
TORONTO, ONTARIO -- (Marketwire) -- 01/05/12 -- Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) ('Mustang' or the 'Company') today announced it has completed a second closing of a non-brokered private placement financing (the 'Offering'). The Company issued 14,358,498 flowthrough shares at a price of $0.12 per share for gross proceeds of $1,723,019.76. The Company has paid eligible finders fees of $134,961.58
TORONTO, ONTARIO -- (Marketwire) -- 12/23/11 -- Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) ('Mustang' or the 'Company') today announced it has completed the initial tranches of a non-brokered private placement financing (the 'Offering'). The Company issued 17,117,433 flowthrough shares at a price of $0.12 per share for gross proceeds of $2,054,092.00. The Company has paid eligible finders fees of $162,407.36 and issued 1,355,061 broker warrants pursuant to the Offering. The Company plans additional closing of both flowthrough and non-flow through shares shortly. Western Areas NL, which currently owns over 19 % of the equity of Mustang, will subscribe for a portion of the concurrent non-flow through offering to maintain its current ownership interest. Western Areas is the third largest nickel producer in Australia.
TORONTO, ONTARIO -- (Marketwire) -- 12/01/11 -- Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) ('Mustang' or the 'Company') today announced plans to complete a non-brokered financing for gross proceeds of up to $4,800,000. The proceeds from the financing will be used primarily for the Makwa Nickel Project feasibility study and exploration at the Company's Mayville Cu-Ni-PGM Property. Through its exploration
TORONTO, ONTARIO -- (Marketwire) -- 10/24/11 -- Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) is pleased to announce that further exploration drilling is planned at the East Bull Lake Project which is located 80 km west of Sudbury, Ontario. Western Areas NL (TSX: WSA)(ASX: WSA) has the right to earn up to a 65% interest in the project and will fund the upcoming program.
TORONTO, ONTARIO -- (Marketwire) -- 09/09/11 -- Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) ('Mustang') today released a corporate, exploration and project development update. The Company is progressing with a feasibility study for the Makwa Nickel Project and continuing with exploration at its Mayville Property. Mayville has a NI 43-101 resource of open pit copper nickel and is the site of new
TORONTO, ONTARIO -- (Marketwire) -- 06/02/11 -- Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF)('Mustang') today announced that exploration drilling for platinum group metals is resuming at its Mayville Property in southeast Manitoba. The Company also updated other exploration information from the project including results from May11-28 which was drilled 100 meters to the west of the discovery drill section
TORONTO, ONTARIO -- (Marketwire) -- 05/05/11 -- Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) ('Mustang') today is pleased to announce the follow up drill results pursuant to its March 22nd, 2011 discovery of new platinum-palladium mineralization at its Mayville Property, southeast Manitoba, Canada. Three additional holes (MAY11-25 to MAY11-27) were drilled at 50 meter step-outs west, east and south from the
TORONTO, ONTARIO -- (Marketwire) -- 04/06/11 -- Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) ('Mustang') is pleased to provide an update on exploration and drilling relating to the new PGM discovery drill hole at its Mayville Property. Mustang recently announced results from MAY11-07 which intersected 9.15 meters at average grade of 9.5 g/t combined platinum and palladium within a wider zone of 41.16 meters
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