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Mustang Energy Begins Advanced Survey at Dutton Project

Story Highlights
  • Mustang Energy hires Axiom for an aerial survey using Xcite™ TDEM technology.
  • The survey aims to enhance exploration efficiency and bolster Mustang’s industry position.
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Mustang Energy Begins Advanced Survey at Dutton Project

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Glorious Creation Ltd. ( (TSE:MEC) ) has shared an update.

Mustang Energy Corp. has engaged Axiom Exploration Group to conduct an aerial electromagnetic survey using Xcite™ TDEM technology over its Dutton Project in the southern Athabasca Basin, Saskatchewan. This survey aims to identify electromagnetic anomalies and enhance structural interpretations to guide future drilling endeavors. The Dutton Project covers 7,633 hectares near significant uranium deposits and is strategically positioned between notable shear zones. The use of Axiom’s advanced technology is expected to improve Mustang’s exploration efficiency and potentially strengthen its position in the mineral exploration sector.

More about Glorious Creation Ltd.

YTD Price Performance: -21.43%

Average Trading Volume: 447,662

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$10.58M

Learn more about MEC stock on TipRanks’ Stock Analysis page.

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