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Glorious Creation Ltd. ( (TSE:MEC) ) has issued an update.
Mustang Energy Corp. is preparing to commence its first drilling campaign at the Surprise Creek Uranium-Copper Project in Saskatchewan, following an option agreement with Thunderbird Resources Ltd. to acquire an 80% interest in the project. The drilling program aims to explore high-grade uranium and copper mineralization, with plans to drill up to 2,000 meters in the Surprise Creek Fault area, supported by helicopter logistics and executed by Base Diamond Drilling Ltd. This initiative marks a significant milestone for Mustang Energy as it seeks to discover and develop critical mineral assets, potentially enhancing its position in the mining industry and delivering value to stakeholders.
More about Glorious Creation Ltd.
Average Trading Volume: 146,530
Technical Sentiment Signal: Sell
Current Market Cap: C$8.6M
For detailed information about MEC stock, go to TipRanks’ Stock Analysis page.