Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce that it has received exploration permits from the Government of Saskatchewan, allowing for ground-based exploration activities at the Dutton Uranium Project (the “Dutton Project”) in the Athabasca Basin, Saskatchewan.
The approved permits are valid from April 1, 2025 to March 31, 2028 and authorize the Company to carry out mineral exploration activities such as trail construction, line-cutting, ground geophysical surveys, and diamond drilling. Mustang recently completed an Xcite TDEM survey over a portion of the Dutton project and are currently awaiting results. The Company looks to initiate further exploration activities aimed at further assessing the viability of the Dutton Project.
As part of the permit conditions, Mustang will continue to engage with local communities to address any ongoing concerns and ensure sustainable project implementation. Mustang currently holds an Exploration Agreement with English River First Nation. Consultation and environmental stewardship remains a priority, with specific measures to minimize disturbance and support reclamation efforts.
Nick Luksha, CEO, commented: “Securing these exploration permits is another step forward for the Company as we continue to advance our projects in this highly prospective region. This furthers our commitment to unlocking the property’s full potential through systematic exploration. We look forward to commencing our field programs and generating valuable data to guide future work.”
