Mustang Energy Launches Innovative Airborne Survey for Uranium
Mustang Energy Initiates Airborne Survey at Spur Project
Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) is excited to announce that it has officially launched an Aerial Electromagnetic Survey (Xcite™ TDEM) over the Spur Project. This project is strategically located in a region that has shown great potential for uranium, rare earth elements (REEs), and base metal mineralization.
Significance of the Xcite™ TDEM Survey
The Xcite™ TDEM survey, conducted by Axiom Exploration Group, will cover an area of around 10,000 hectares that previously lacked modern electromagnetic survey techniques. This advanced airborne methodology is designed to identify electromagnetic (EM) and radiometric anomalies accurately, which is crucial for enhancing geological interpretations and advancing exploration efforts.
Understanding Xcite™ TDEM Technology
Xcite™ represents a cutting-edge development in helicopter-borne time-domain electromagnetic (TDEM) systems, created by New Resolution Geophysics (NRG). As the exclusive provider in North America, Axiom offers this innovative technology that serves as a highly efficient alternative to existing TDEM methods in mineral exploration. The system employs a patented inflatable transmitter loop with a significant radius of 20 meters, suspended 30 meters below the helicopter, allowing for superior signal clarity that aids in detecting subtle subsurface features.
Adjustable Features for Enhanced Exploration
This state-of-the-art system is equipped with a programmable waveform that boasts a fast turn-off time, thereby increasing flexibility in data collection. This feature leads to an improved resolution of geological finds, catering to targets at varying depths.
Insights into the Spur Project
Encompassing ten claims over 23,680 hectares, the Spur Project is situated in a region near the Athabasca Basin, globally recognized for its high-grade uranium deposits. With its proximity to Cameco’s Key Lake Mill Operation and the Fraser Lakes Zone B deposit, the property combines the unique geological features present in the Wollaston Group with potential for thorium and REE exploration, offering a more budget-friendly exploration path due to the lack of Athabasca Sandstone cover.
Asset Richness and Previous Discoveries
Adjacent properties have presented promising high-grade surface grab samples, including notable results from Pipe Lake Showing with recorded values of up to 8.0% U?O? within specific geological formations. Additionally, the Red October Showing has demonstrated impressive grab sample assays showing up to 1.93% U, leading to optimism regarding the mineralization potential within the Spur Project boundaries.
Mustang's Dedication to Mineral Exploration
Mustang Energy is devoted to exploring and developing high-potential uranium and critical mineral assets across Northern Saskatchewan. Currently, the company’s holdings amount to 92,211 hectares in the Athabasca Basin, including the Ford Lake project and the strategically significant Spur Project. The dedication to discovering valuable mineral deposits highlights Mustang's commitment to advancing sustainable mining practices.
Contact Information for Investors
For further inquiries, interested parties can reach out to Mustang Energy Corp. directly:
Mustang Energy Corp.
Attention: Nicholas Luksha, CEO and Director
Phone: (604) 838-0184
Frequently Asked Questions
What is the purpose of the airborne survey at the Spur Project?
The airborne survey aims to locate electromagnetic and radiometric anomalies to enhance geological interpretations for effective exploration targeting.
Who is conducting the Xcite™ TDEM survey?
Axiom Exploration Group is responsible for performing the Xcite™ TDEM survey using their advanced technology.
What mineral potential does the Spur Project hold?
The Spur Project is primarily focused on uranium, rare earth elements, and base metals, situated in a geologically promising area known for high-grade deposits.
How extensive is the Spur Project's land package?
The Spur Project comprises ten claims covering a total area of 23,680 hectares, strategically located in proximity to key operations in the Athabasca Basin.
How can investors contact Mustang Energy for more information?
Investors can contact Nicholas Luksha, the CEO, directly via phone at (604) 838-0184 for detailed information about the company's initiatives and investments.
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