Welcome To The Mustang Minerals HUB On AGORACOM
MUM have 2 near surface Copper-Nickel-PGM deposits in Manitoba - Mayville Indicated Resource: 24m tonnes @ 0.69% Cu Eq. Inferred Res. 4.3m tonnes @ 0.68% Cu Eq., and Makwa Reserve - 9.8m tonnes @ 0.54% Nickel; 0.11% Cu.
Mustang Minerals Profile
Mustang Minerals Corp. ( TSXV:MUM, Frankfurt:NJF) is focused on development of the Maskwa Nickel Project in Manitoba Canada and is an active exploration company. At Maskwa, in May 2008 ,the Company received positive results from its prefeasibility study at their open pit nickel project. Micon Engineering concluded:" the Maskwa Project contains an economic mineral reserve and warrants continued development to the full feasibility stage". Mustang is proceeding with a full feasibility study and will undertake to secure a mine permit for the Maskwa project.
Western Areas NL (ASX/TSX: WSA), an Australian nickel producer, has acquired an 18.1% equity interest in Mustang and is contributing technical expertise to assist in project development
Western Areas NL (ASX/TSX: WSA), an Australian nickel producer, has acquired an 18.1% equity interest in Mustang and is contributing technical expertise to assist in project development
Maskwa Nickel Project
A final feasibility study on the Maskwa Open pit deposit is now underway and additional work on the project is focused on in-pit resource expansion. As additional drill holes in the area of the proposed open pit area are completed a new resource will be calculated for inclusion in the full feasibility study. Baseline environmental studies are well advanced in the project area and the Company will be commencing public engagement for the project leading to a formal permit application.
Exploration
An expanded exploration program is now underway which includes near mine and greenfields exploration.
Targets include:
A final feasibility study on the Maskwa Open pit deposit is now underway and additional work on the project is focused on in-pit resource expansion. As additional drill holes in the area of the proposed open pit area are completed a new resource will be calculated for inclusion in the full feasibility study. Baseline environmental studies are well advanced in the project area and the Company will be commencing public engagement for the project leading to a formal permit application.
Exploration
An expanded exploration program is now underway which includes near mine and greenfields exploration.
Targets include:
- Maskwa Deposit at depth
- Former producing Dumbarton Mine - located 1 km from the Maskwa Nickel Project
- Mayville Property which is located 35 km to the north of Maskwa and where a second Cu-Ni resource has been outlined
- The Cat Euclid, Aileen and Fox exploration properties Exploration work is focused on outlining additional resources in the greater project area to feed a new mill at Maskwa.
- East Bull Lake Project, Sudbury camp
Last changed at 03-Nov-2017 08:28AM by Moneytospend