Mustang Energy Corp. Commences Drilling at Surprise Creek Uranium-Copper Project, Saskatchewan

Core Insights - Mustang Energy Corp. has initiated its first diamond-drilling program at the Surprise Creek Uranium-Copper Project located in Saskatchewan, marking a significant milestone for the company [1][3] Project Overview - The Surprise Creek Project is situated 25 km northwest of the Beaverlodge Uranium District, which includes historic uranium mines [5] - The project area has shown promising surface samples with assays up to 7.98% U₃O₈ and notable historical copper drilling results [5] - Mustang Energy holds an option to acquire an 80% interest in the project from Thunderbird Resources Ltd. under an agreement dated June 3, 2025 [6] Drilling Program Details - The helicopter-supported drilling program will target priority areas along the Surprise Creek Fault Zone, focusing on historical intercepts and new targets identified through recent geophysical surveys [2] - The program aims to complete up to 2,000 meters of drilling to enhance understanding of mineralized zones [2] Company Positioning - Mustang Energy has acquired over 140,000 hectares of land, secured essential permits, and established partnerships with industry leaders and First Nations communities [3] - The company has traded over 100 million shares and raised more than $8 million, positioning itself for growth as it explores high-priority targets [3]