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CSE:MEC   OTC:MECPF   FRA:92T

914W Project

914W(3).jpg

Figure 1: Overview of 914W Project - Mustang Energy (3)

Highlights

  • Ownership: Option Agreement to acquire a 75% interest from Skyharbour Resources Ltd. 

  • Size: 1,260 hectares consisting of 1 mineral claim

  • Location:

    • The 914W Project is situated approximately 48 km southwest of Cameco’s Key Lake Operation, offering excellent logistics and access via Highway 914. 

    • The Project is strategically positioned within the Western Wollaston Domain along the boundary with the Mudjatik Domain, known for unconformity/basement hosted uranium mineralization.

  • Geological Potential:

    • The project host favorable geology with local graphite bearing assemblages.

    • Immediately to the north of the 914W property is the Scurry Rainbow Zone E (1) and the Don Lake Trenches (2), where up to 1,288 ppm U was encountered in drill hole ML-11, and surface prospecting revealed up to 0.64% U3O8 in a trench at Don Lake Zone E. (2)

    • The uranium has been identified as disseminated and hosted in calc silicates lenses.2

    • Magnetic low structures hosting uranium occurrences look to continue from the north boundary onto the 914W property. 

  • Previous Work:

    • While historical exploration conducted several geophysical and geological surveys over portions of the property, most of the project remains underexplored. 

    • Historical work including drilling, trenching, and lithogeochemical sampling on adjacent claims has identified numerous highly anomalous uranium, thorium, and REE occurrences.

914W_2.jpg

Figure 2: CanAlaska's Voyager Project with airborne 1VD magentics showing uranium samples north of the 914W Project. Reference: https://www.canalaska.com/project/voyager/

Overview

The 914W Project consists of one claim covering 1,260 hectares. It is situated approximately 48 km southwest of Cameco’s Key Lake Operation, offering excellent logistics and access via Highway 914. The Project is strategically positioned within the Western Wollaston Domain, known for unconformity/basement hosted uranium mineralization. 

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The project host favorable geology with local graphite bearing assemblages. Immediately to the north of the 914W property is the Scurry Rainbow Zone E1 and the Don Lake Trenches2, where up to 1,288 ppm U was encountered in drill hole ML-11, and surface prospecting revealed up to 0.64% U3O8 in a trench at Don Lake Zone E (2).

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While historical exploration conducted several geophysical and geological surveys over portions of the property, most of the project remains underexplored. Mustang sees substantial potential for advancing uranium and rare earth element (REE) exploration on this property.

Exploration Plan (Next Steps)

1. Data Refinement:

  • Reprocess and reimage of existing data. 

2. Geophysical Surveys:

  • Complete high-resolution VTEM survey and radiometrics.

3. Drilling:​

  • A maiden drill program will target coincident geophysical and geochemical anomalies.

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