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Mustang Energy Corp. Makes Final Preparations for Surprise Creek Drilling Project, Saskatchewan
VANCOUVER, British Columbia, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is making final preparations for the drilling activities planned on the Surprise Creek Uranium-Copper Project (the “Project”). The drill program is expected to commence on September 28th, 2025. The Company entered into an option agreement (the “Option Agreement”) with Thunderbird Resources Ltd. (“Thunderbird”) to acquire an undivided 80% interest in the
About this update from Mustang Energy Corp
[{"type":"image","alt":"Mustang Energy Corp.","displaySize":"","headline":null,"caption":"Mustang Energy Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":70,"url":"https://media.zenfs.com/en/globenewswire.com/e8382b1eb648867ac0d18137d0dcc293"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/VU3BjoP8Q7_pH6q2cevulw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTk4O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/e8382b1eb648867ac0d18137d0dcc293","width":300,"height":70}},"lazy":false},{"type":"text","content":"VANCOUVER, British Columbia, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is making final preparations for the drilling activities planned on the Surprise Creek Uranium-Copper Project (the “Project”). The drill program is expected to commence on September 28th, 2025.","length":343,"tagName":"p"},{"type":"text","content":"The Company entered into an option agreement (the “Option Agreement”) with Thunderbird Resources Ltd. (“Thunderbird”) to acquire an undivided 80% interest in the Project. Please refer to the Company’s news release dated June 4, 2025, and June 16, 2025, as filed under the Company’s SEDAR+ profile, for further details regarding the Option Agreement.","length":349,"tagName":"p"},{"type":"text","content":"The drill program will be helicopter supported and be based out of Uranium City, Saskatchewan. Mustang Energy has engaged Base Diamond Drilling Ltd. as the contractor. Up to 2,000 meters is planned in the Surprise Creek Fault area, which hosts high-grade uranium surface samples and historical drilling returned results of up to 2.1 m of 4.37% U3O8 from 57 m1, 5. The purpose of the program will be to follow-up on historic drill intercepts, to better understand the mineralization-hosting structures, and to test zones with no previous drilling.","length":546,"tagName":"p"},{"type":"text","content":"Nicholas Luksha, CEO of Mustang Energy, commented:","length":50,"tagName":"p"},{"type":"text","content":"“We are proud to launch Mustang Energy’s first-ever drilling campaign beginning at the Surprise Creek Project. This is a defining milestone for the Company as we execute on our strategy to discover and develop critical mineral assets. With high-grade uranium and copper mineralization confirmed by historic drilling and surface s...