Mustang Energy Corp. Initiates Exploration at Cluff Lake North Uranium Project

Core Viewpoint - Mustang Energy Corp. has commenced field exploration activities at the Cluff Lake North Project, aiming to refine target areas for uranium discovery in the Athabasca Basin [1][3]. Company Overview - Mustang Energy Corp. is a Canadian mineral exploration company focused on uranium and critical mineral assets, holding a portfolio of 147,153 hectares in Saskatchewan's Athabasca Basin [10]. - The company employs modern techniques and a disciplined, data-driven approach to advance early-stage exploration [10]. Project Details - The Cluff Lake North Project consists of five mineral claims located approximately 12 km northeast of the historical Cluff Lake uranium mine [4]. - An option agreement has been signed with Thunderbird Resources Ltd. to acquire an 80% interest in the Project [1]. Exploration Activities - The field program will include surface prospecting and detailed rock sampling over a ten-day period to outline mineralization and alteration [2]. - Results from this initial exploration phase are expected to guide future drilling efforts [2]. Technical Insights - Previous MobileMT surveys conducted by Thunderbird in 2024 identified several basement conductors in the Moose Lake area, which are potential pathways for uranium mineralizing fluids [5][8]. - Three high-priority drill target areas have been defined in the Moose Lake area, coinciding with previously identified gravity/EM targets [8].