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Glorious Creation Ltd. ( (TSE:MEC) ) has shared an update.
Mustang Energy Corp. has announced the results of a high-resolution TDEM survey conducted over its 914W Uranium Project, located in a mineral-rich region south of the Athabasca Basin. The survey, conducted in collaboration with Skyharbour Resources Ltd., identified a well-developed conductive zone indicative of potential uranium mineralization, which is consistent with the project’s geological setting known for unconformity-type uranium deposits. The survey results highlight the presence of graphitic basement rocks or fault-bound alteration zones, both favorable for uranium exploration. Although no significant new discoveries were made during a recent soil sampling program, anomalous uranium values were found in the northern part of the project area, suggesting potential for further exploration.
More about Glorious Creation Ltd.
Average Trading Volume: 131,843
Technical Sentiment Signal: Sell
Current Market Cap: C$12.07M
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