Mustang Energy Corp. Receives Results from Airborne MobileMT Survey at their Yellowstone Project, Saskatchewan

Core Viewpoint - Mustang Energy Corp. has announced the successful completion of a Mobile MagnetoTellurics (MobileMT) survey at its Yellowstone Project, indicating potential uranium mineralization in the area [1][2]. Survey Details - The MobileMT survey was conducted by Expert Geophysics, covering 373 line-kilometers with a 400-meter line spacing, targeting previously uninvestigated areas [2]. - The MobileMT system is capable of detecting conductors at depths greater than 1,000 meters, providing high-resolution insights into potential uranium-hosting structures [2][11]. Survey Results - The analysis of the MobileMT data has identified multiple exploration targets characterized by strong, deep conductive anomalies, suggesting the presence of uranium hosting hydrothermal or structural zones [3]. - Several anomalies are associated with structurally complex corridors linked to NW-SE trending faults and magnetic low trends, which are significant for unconformity-type uranium systems [3]. - The VLF data indicates near-surface linear features interpreted as fault structures, aligning with breaks in conductivity and magnetic datasets, suggesting fluid circulation from depth [3]. Project Overview - The Yellowstone Project is located approximately 16 kilometers from the Cluff Lake Mine and consists of seven adjoining claims totaling 21,820 hectares [13]. - The project surrounds the Carswell Impact Structure, which is believed to be related to a meteorite impact and hosts high-grade uranium mineralization [13]. Technological Insights - MobileMT technology utilizes naturally occurring electromagnetic fields to identify variations in subsurface electrical resistivity, effectively detecting deep-seated structures associated with uranium mineralization [9][11]. - The system has previously identified basement conductors and alteration zones in prominent uranium deposits across the Athabasca Basin [12]. Data Integration - The recent survey has provided a comprehensive dataset of airborne EM surveys, magnetic, and radiometric datasets, enhancing the ability to prioritize high-potential uranium targets [8]. - The company is actively integrating these results with historical data to refine and prioritize future drill targets [8].