Mustang Energy’s Southward Expansion of the Spur Project in Saskatchewan and New Marketing Agreements Announced

Mustang Energy Corp’s Expansion of Spur Project: A New Opportunity in Northern Saskatchewan

Vancouver, British Columbia, April 7, 2025 – Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (the “Company” or “Mustang”) is thrilled to share exciting news regarding the expansion of its Spur Project. This expansion includes the acquisition of a 100%-owned mineral claim, which covers an impressive area of 5,751 hectares. The new claim is strategically located directly south of the Athabasca Basin in northern Saskatchewan.

Strategic Staking

Mustang’s team has carefully secured this new claim through cost-effective staking. The strategic location of the claim provides the Company with excellent potential for the discovery of uranium and other minerals. The Athabasca Basin is renowned for its rich deposits of these resources, making this acquisition an opportune move for Mustang.

Benefits for Mustang

The addition of this new mineral claim to the Spur Project will significantly enhance Mustang’s exploration potential. The Company will now have access to a larger area for resource discovery, increasing the chances of finding valuable deposits. Furthermore, this expansion positions Mustang to potentially capitalize on the growing demand for uranium in various industries, including nuclear power and medical applications.

Impact on the Global Community

The expansion of Mustang’s Spur Project has the potential to contribute positively to the global community in several ways. First, the discovery and extraction of uranium from this new mineral claim could lead to the creation of new jobs in the region, boosting the local economy. Additionally, the production of uranium can help meet the increasing global demand for this resource. Uranium is essential for the energy sector, particularly in the production of nuclear power, which is a critical component of many countries’ energy mixes.

Environmental Considerations

Mustang recognizes the importance of environmental stewardship in all its operations. The Company is committed to implementing best practices to minimize the environmental impact of its exploration activities. Mustang will follow all applicable regulations and guidelines to ensure that its operations are conducted in an environmentally responsible manner.

Conclusion

Mustang Energy Corp.’s acquisition of a new mineral claim for its Spur Project represents an exciting opportunity for the Company to expand its exploration potential in the richly mineralized Athabasca Basin. This strategic move positions Mustang to potentially capitalize on the growing demand for uranium while contributing positively to the local economy and the global community. Mustang remains committed to conducting its operations in an environmentally responsible manner and looks forward to the potential discoveries that lie ahead.

  • Mustang Energy Corp. acquires a 100%-owned mineral claim in northern Saskatchewan
  • The new claim covers an area of 5,751 hectares and is strategically located near the Athabasca Basin
  • The acquisition enhances Mustang’s exploration potential and positions the Company to potentially capitalize on the growing demand for uranium
  • The expansion could lead to new jobs in the region and contribute positively to the global community
  • Mustang remains committed to implementing best practices to minimize the environmental impact of its exploration activities

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