Mustang MUM.V / Symbol: NJF / grosse Nickel Möglichkeit

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13.04.2007 18:02
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Mustang MUM.V / Symbol: NJF / grosse Nickel Möglichkeit

vor ca. 20 Minuten erfolge eine Empfehlung

(es geht einfach rasend schnell, manchmal zu schnell)

Mustang Minerals zum Aufbau einer kleinen Position ins PK TradingDepot genutzt, letzte Woche von 1 Euro gerutscht. die Kollegen von PSR haben vorletzte Woche die "angeblich

neue Nickelrakete" !!!!!!!!!!!!!!

ins Musterdepot aufgenommen. PSR hat mit den Depotaufnahmen bisher kaum enttäuscht...die Marketcap liegt bei ca. 50 Millionen Euro...das diese Aktien grösseren Schwankungen

ausgesetzt sind..sollte jedem bewusst sein. Ich denke auf Jahressicht ist die Chance auf einen Verdoppler,

oder vielleicht noch mehr gegeben..Stop nach unten ca. 20Cent, sprich 65Cent.

Aufklappen
10.05.2011 22:12
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gute News

letzte Woche raus Smile

nun wieder rein Dirol

Quote:

Stillwater Mining, largest PGE producer in the Western Hemisphere sits right next door to this vastly under-explored Mustang property.

und

http://www.mustangminerals.com/pages/articles/NR119_May5_2011final_German_r.pdf

19.04.2011 22:48
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bald die Resultate (wahrscheinlich)

auf Stockhouse ist die Meinung, dass die Resultate sehr bald kommen werden

(die Voravisierung gabs ja am 6.4.11)

Quote:

I would say the results will be out next Monday or Tuesday !!!

Die Kursziele liegen bei Verfdoppler bis ver10-facher. (Es ist auch PGM (Platin, Palladium, Gold)dabei)

MUM TSX-V $0.435 +0.045 +11.54% BiggrinBiggrin Vol 257,200

13.04.2011 21:30
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Mustang MUM.V / Symbol: NJF / grosse Nickel Möglichkeit

plus 35%

equity holder :"Meine Empfehlung fürs daytraden":

http://www.youtube.com/watch?v=G1RYH9bJkps&feature=related

PowerDau:"Ouw shit, das giit Ohrächräbs!Mach das niemeh"

13.04.2011 21:26
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schlägt heute den Rekord !

MUSTANG MINERALS ORD (MUM) Börsenplatz Währung Letzter Preis 15:21:23 Veränderung

Venture CAD .49 +0.095 (+24.1%) BiggrinBiggrin

Geldkurs-Volumen Geldkurs - Briefkurs - Briefkurs-Volumen

21'500 .48 .495 10'000

Real time prices

und noch immer taffe Nachfrage !

(warum das sch.... img wieder nicht läuft ist mir nicht klar !! Sad )

http://www.stockhouse.com/charts/BasicChart.aspx?i=1&ticker=V.MUM&t=1&w=200&h=125&sl=0&sc=0

13.04.2011 17:14
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mögliche Ziele

Hier so mögliche Ziele (aus Stockhouse Board)

I have not seen a play like this in a very long time. This is something very exciting to be a part of and going forward who knows what valuation Robin and the gents would accept as fair value. MUM is Robins' baby and he appears to have been in no rush in the past to sell out even when the stock was north of $1.50. I believe he knows the value and has a price in mind and with MUM and partners being less than 2 years away from actually mining their assets who knows what insiders would accept for their shares, but [red]I would think it should be $2.50 and up[/red].

MUM TSX-V $0.425 +0.03 +7.59% :):) vol 421,303 Dirol

12.04.2011 22:37
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kleines Trostpflaster

ich bin jedenfalls ganz zufrieden in diesen schweren Zeiten

MUM TSX-V $0.395 +0.025 +6.8% Biggrin vol 402,750

ok, am Schluss haben sie noch nen 5 raufgezogen.

--------------------------------------

Warum sind alle Minen & Metalle schwach ? :?:

Goldmann Sachs hat herausgegeben, dass nun der Anstieg der Rohstoffe beendet sei.

Ob dies wirklich stimmt (bei dieser Gelddruckerei) wird erst die Zukunft aufzeigen.

Auch sind sie ja Spitze, insbesondere im verbreiten von Meldungen und hintenrum das Gegenteil machen :evil: )

07.04.2011 10:24
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warum hier verbilligt ?

Nickel ist einer der Rohstoffe, dessen Preis steigt und die Lager abnehmend sind !!!

(siehe die 4 Charts unten)

MUM TSX-V $0.36 +0.015 +4.35% Biggrin vol 1,322,355

27.03.2011 13:46
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neuste Borhergebnisse (weitere kommen)

habe diese Altposition verbilligt (leider etwas zu spät)

hier die Ursache des plötzlichen Anspringens:

(in 4 Tagen 42% des Floates umgesetzt)

http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn%5Fnewsreleases%2Easp%3Fsymbol%3DV%2EMUM%26newsid%3D8100024

21 weitere Bohrungen im Gang

If MUM hit PGM with any of these remaining holes... OMG!!!!

GLTA !!

FREE PLAY!! GO MUM GO!!!!

Drill program update

Mustang has so far completed a total of 24 reconnaissance drill holes on the Mayville property. Results for the first three holes were announced in Stockwatch news on March 3, 2011. These holes intersected a new gabbro-hosted copper-nickel zone approximately 250 metres south of the new PGM drill discovery. Drill hole MAY11-05 was drilled approximately 200 metres to the west of MAY11-06 and MAY11-07 and hit anomalous PGM mineralization. Its exact location in relation to the historic IP anomaly in the area is uncertain. A map showing the location of recent drill holes is posted at the company's website. Assays for the additional holes in the Mayville recon program will be announced as received.

The drill rig has now been mobilized to the Zeemel property which is located approximately 19 kilometres to the southeast of the Mayville property. Historic drilling at the Zeemel property also intersected disseminated chromite in an ultramafic host. Mustang will test this horizon for nickel-copper-PGM mineralization. Once the Zeemal property is drilled, the plan is to bring the drill back to the new zone of PGM mineralization and complete several follow-up holes before the ice thaw sets in. [/url]

08.10.2008 12:01
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etwas grundsätzliches zu den Rohstoffen

sieht für Nickel und Zink einigermassen gut aus.

Rohstoffmärkte in neuer Phase - was kostet die Welt?

Datum 08.10.2008 - Uhrzeit 11:08 (© BörseGo AG 2000-2008, Autor: Stanzl Jochen, Redakteur, © GodmodeTrader - http://www.godmode-trader.de/)

WKN: 720321 | ISIN: XC0007203216 | Intradaykurs:

Rohstoffmärkte in neuer Phase

Die Rohstoffmärkte sind in eine neue Phase eingetreten. Die chinesische Nachfrage, bislang der ausschlaggebende Grund für die Preisbewegungen, weicht der Sorge um den Fortgang der Weltwirtschaft. Die Kreditkrise zeigt realwirtschaftliche Auswirkungen: In den USA droht eine Rezession, während einige Länder in Europa, darunter auch Frankreich, sich bereits in einer befinden. Es wird nicht lange dauern, bis die Schwäche in den auf das Exportwachstum angewiesenen Schwellenländern angelangt sein wird. Dies gilt insbesondere für China, dessen Hauptabnehmer für Konsumprodukte in den USA und Europa sitzen. Zwar stützt im Land am Jangtse eine weiterhin robuste Binnenwirtschaft das Wachstum. Eine geringere Exporttätigkeit wird jedoch auch dort zu einer Abkühlung des Wirtschaftswachstums und damit zu einem Rückgang der Rohstoffnachfrage führen. Die Hoffnung, dass China nach dem Olympischen Spielen wieder zu einem starken Rohstoffnachfrager werden wird, ist enttäuscht worden. Die UBS rechnet mit einem Rückgang des Wirtschaftswachstums in 2008 auf 9,6 Prozent und 8 Prozent in 2009. Insbesondere bei den Metallen wird sich dies kräftig in der Nachfrage niederschlagen. Selbst die Unterbrechungen und Probleme auf der Produktionsseite werden dadurch überkompensiert werden. In Folge dessen steigen die Lagerbestände der Metalle in London und Shanghai seit Wochen deutlich an, mit entsprechenden Folgen für die Preise. Diese fallen und dürften ihre Korrektur in den nächsten Wochen noch weiter ausbauen.

Grenzkosten als untere Begrenzung

Analysten von Barclays sehen in den Produktionskosten einen wichtigen Ansatzpunkt, wie weit die Basismetallpreise tatsächlich in der laufenden Korrektur fallen können. Dabei sei es nicht wichtig, wie hoch die Grenzkosten der teuersten Hersteller im Sektor liegen. Vielmehr seien die obersten 10 Prozent der teuersten Produzenten nicht ausschlaggebend. Vielmehr sei die Marke von 90 Prozent der Produktionskosten ein wichtiger Anhaltspunkt für das Niveau, bei dem die meisten Produzenten damit beginnen würden, ihre Herstellungsmengen zurückzufahren. Aktuell liegen diese Grenzkosten bei Kupfer bei 3100 US-Dollar/Tonne gegenüber einem aktuellen Handelspreis von 5694 US-Dollar/Tonne, bei Aluminium bei 2300 US-Dollar/Tonne gegenüber gehandelten 2320 US-Dollar/Tonne, bei Nickel bei 15000 US-Dollar/Tonne gegenüber 14532 US-Dollar/Tonne und bei Zink bei 1550 US-Dollar/Tonne gegenüber 1560 US-Dollar/Tonne. Seit Beginn des Jahrzehnts, so die Analysten von Barclays weiter, seien die Produktionskosten für Kupfer, Aluminium und Zink kräftig um 113 Prozent, 44 Prozent beziehungsweise 114 Prozent gestiegen. Gerade in den vergangenen zwölf Monaten habe sich dieser Trend angesichts gestiegener Energiekosten und einer Verknappung von Arbeitskräften beschleunigt.

Kupfer besonders anfällig

Die Metallpreise sind insbesondere dann immer wieder unter die Grenzkosten gefallen, wenn sich der Markt lange in einem Angebotsüberschuss bewegte. Kupfer ist aktuell am weitesten von seinen Grenzkosten entfernt, womit auch das Korrekturpotenzial bei diesem Industriemetall am größten ist. Jedoch sorgen andauernde Produktionsunterbrechungen dafür, dass sich der Kupfermarkt nicht nachhaltig entspannen kann. Jedoch dürften bei einem weiteren Nachfragerückgang die Verluste beim Kupferpreis am empfindlichsten im Vergleich aller Metalle ausfallen. Aluminium und Zink befinden sich dagegen bereits im Bereich ihrer Grenzkosten, während Nickel bereits darunter gefallen ist. In Folge dessen dürfte das Abwärtspotenzial dieser Metalle begrenzt sein, da weitere Preisrückgänge sich unmittelbar dahingehend auswirken würden, dass die Hersteller ihre Produktionsmengen zwangsweise senken müssen, um Verluste zu vermeiden.

Quelle: Rohstoff-Report

26.06.2008 23:16
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endlich wieder mal was

vorläufige Machbarkeitsstudie von Mustang Minerals (MUM; WKN 910385) ins Auge.

- Die Studie sieht eine Tagebaumine mit 2.750 Tonnen Verarbeitungskapazität am Tag vor, aus der 9,2 Mio. Pfund Nickel pro Jahr produziert werden sollen.

- Dem Maskwa-Projekt wird eine ökonomische Reserve beschieden, die bis zur endgültigen Minenentwicklung geeignet ist.

- Produktionskosten nur 2,77 CAD je Pfund Nickel (inkl. Nebenprodukte)

- Bei einem Nickelpreis von 10 USD in den ersten beiden Jahren und 8 USD die Jahre danach würde das Maskwa-Projekt 285 CAD Vorsteuergewinn abwerfen, mit einem Gewinn-Peak von 63 Mio. CAD pro Jahr

- Mustang unternimmt nun alle ausstehenden Anstrengungen, um die Mine zur endgültigen Produktionsreife zu führen.

und

Allerdings zeichnet sich beim Nickelpreis eine Trendwende ab! Toyota gab bekannt, dass man in der Hybrid-Autoproduktion derzeit nicht nachkommt, da es an Nickel mangelt!

08.05.2008 22:40
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Mustang MUM.V / Symbol: NJF / grosse Nickel Möglichkeit

Demzufolge müsste der Kurs noch deutlich weitersteigen?

Was für ein Multiple bzw. was für eine Umsatz/MarketCap-Ratio ist in dieser Branche üblich?

Cheers Wink

08.05.2008 22:15
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kurze Rechnung (nur auf Nickel !!)

MUM TSX-V $0.59 +0.11 +22.92% :!: 0.58(55) 0.60(860) 0.66 0.56 0.61 1,122,650

finde ich eine schöne Rechnung

9 Mio Pfund = 0,5 Mio.Tonnen pro Jahr über 10 jahre hinweg !

9 Mill lb = 4082 Tonnen Nickel

4082 x 27'000 = ca 110 mio Umsatz p.A BiggrinBiggrin

(Low cost Producer)

Maket Cap derzeit ca.

Net Shares Outstanding 72,422,427 x 0.6 = 43.5 mio cad Biggrin

08.05.2008 12:30
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hier die Pref-Study

in Deutschland starker Anstieg + 30%

Mustang Reports Positive Results From Prefeasibility Study at Maskwa Open Pit Nickel Project

TORONTO, ONTARIO--(Marketwire - May 8, 2008) - Mustang Minerals Corp., (TSX VENTURE:MUM)(FRANKFURT:NJF) today announced positive results from the prefeasibility study completed for the Company's Maskwa nickel-copper-platinum group metals project located near Lac du Bonnet Manitoba. The study was compiled by Micon International Limited with Met-Chem Canada Inc. Wardrop Engineering Inc and Golder Associates Ltd. The proposed project is a 2,750 tonnes per day open pit mine and milling operation producing an average of 9.2 million pounds of nickel per year in concentrate and other credits including platinum group metals, copper and cobalt. Micon concluded that " the Maskwa Project contains an economic mineral reserve and warrants continued development to the full feasibility stage."

Mustang President Robin Dunbar commented that "the prefeasibility study outlines important progress made to date on the mine development and highlights the potential for Maskwa to be a low cash cost producer of nickel. The project has exceptional upside from here including the potential for more in pit resource and by incorporating Mustang's large Mayville resource."

Using the exchange rate and metal price assumptions contained herein the Project is projected to yield a pre-tax internal rate of return (IRR) of 19.4 % and a NPV of C$62.2 million at an 8% discount rate. The undiscounted pre-tax operating profit generated by the project is C$285 million with peak single year pre-tax earnings of $63 million. Net life-of-mine revenue for the project after smelting and refining charges is $569 million. Operating cost per tonne milled averages $39.54 for the life of the project. Cash cost of nickel produced net of credits is CDN$ 2.77 per pound. The initial capital cost of the project is C$123 million including contingency of C$10.6 million.

Wardrop Engineering Inc. (Wardrop) estimated a Proven and Probable open pit reserve totalling 7.11 million tonnes grading 0.64% nickel, 0.13% copper, 0.01% cobalt, 0.10 g/t platinum and 0.37 g/t palladium. The reserve is based on a diluted nickel cut-off of 0.2% nickel. A two phase open pit design was incorporated. Total waste tonnes in phase 1 were 15.54 million tonnes for a strip ratio of 5.5:1. The strip ratio for phase 1 and 2 combined is 10.8:1. The reserve was derived from a geological resource of Measured and Indicated resources of 10.12 million tonnes grade 0.60% nickel, 0.12% copper, 0.105% cobalt, 0.38 grams/tonne palladium and 0.10 grams/tonne platinum.

Based on infill sampling programs carried out in recent months by the Company, Wardrop has noted that strong potential exists for adding additional mineralization from both the "hangingwall" of the pit and the main zone of mineralization. Wardrop suggests that a new geological model for mineralization be created and verified with additional drill holes and further infill sampling of historic drill holes available to the company.

The economic analysis uses the assumption of a US$ 10 per pound nickel price in the first 2 years (based on the assumption that the first two years' production could be hedged) reverting to a long term metal price of $8 per pound. The resulting average prices predicted for the life of the project, expressed in 2007 dollars, are nickel $8.57 (U.S.) per pound, copper $2.42 (U.S.) per pound, cobalt $20 (U.S.) per pound, platinum $ 1,500 (U.S.) per ounce and palladium $ 359.70 (U.S.) per ounce. The base exchange rate assumed for the economic model is Canadian-dollar/U.S.-dollar equals 0.90.

Processing of the ore is to be by standard grinding and flotation techniques. Most of the comminution test work was by SGS Mineral Services of Lakefield Ontario. Metallurgical recoveries used in the study were based on extensive test work conducted at Process Research Associates in Richmond B.C. under the supervision of F. Wright Consulting Inc. Most of the associated analytical work was performed by iPL Laboratories which has ISO 9001 accreditation with check analyses performed by ACME labs of Vancouver BC. Testwork included both open cycle and locked cycle tests. The predicted plant recoveries of 72% nickel, 81 % copper, 71% cobalt, 47% platinum and 82% palladium were based on a locked cycle test that produced an average concentrate grade of 10.2% nickel, 2.5% copper, 0.36% cobalt 9.8 g/t palladium and 1.5 g/t platinum. This concentrate also contained approximately 33% S, 35% Fe and 5.4% MgO. Smelting and refining charges were based on indicative terms received from a Sudbury smelter and refiner of nickel and associated metals. The report of F.Wright Consulting concluded that "Based on more recent open cycle studies... further improvements to recovery may be available by modifications to the reagent scheme."

Initial capital cost (but not including sustaining capital) for the project including contingency is estimated to be $123 million. Major cost components include plant and infrastructure at $65.6 million; mining equipment at $29.4 million; EPCM and owners costs of $13.2 million; tailings and water management of $4 million and contingency of $10.6 million. The plant and infrastructure was designed for an average throughput of 2,750 tonnes of ore per day. Met-Chem Canada Inc. completed the plant and infrastructure design as well as capital cost and operating costs estimation for the plant. Power will be accessed from the Manitoba Hydro grid.

Baseline environmental studies are well advanced in the project area and the Company will soon commence public engagement for the project leading to a formal permit application. Tailings and water management facilities were designed by Golder Associates Ltd.

Mustang Proceeding with Full Feasibility Study

The Mustang board of directors has approved that a full feasibility study be completed and a mine permit be applied for at the Maskwa Project. Currently additional work at the project is focused on in-pit resource expansion. Mustang has completed drilling additional drill holes in the area of the proposed Maskwa Open Pit and has completed additional sampling of available historical holes. Based on the results of this work a new resource will be calculated for inclusion in the full feasibility study. Mustang will also investigate supplying open pit feed from the Mayville M2 resource to further enhance the economics and mine life of the Maskwa project.

The external Qualified Persons for purposes of National Instrument 43-101 are:

Micon International Inc. - Ian Ward P.Eng, Chris Jacobs C.Eng.

Wardrop Engineering Inc, - Cliff Duke, P.Eng., Chris Sharpe, P.Eng.

Met-Chem Canada Inc.- Lionel Poulin Eng.

F.Wright Consulting Inc. - Frank Wright P. Eng.

Golders Associates Ltd.- Irwin Wislesky, P.Eng.

About Mustang Minerals Corp. - Base Metal Resources

Mustang owns 100% of the mineral rights to Maskwa subject to a 1% Net Smelter Royalty with no obligations for offtake or back-in rights held by a third party. Mustang also owns the mineral rights to the Mayville Property which is located 35 km by road from Maskwa. The geological resource at the Mayville M2 Zone consists of an open pit Indicated Resource of 21.9 million tonnes grading 0.20% nickel and 0.48% copper containing 94.3 million pounds of nickel and 232 million pounds of copper. The M2 resource was prepared by Scott Wilson Roscoe Postle Associates in January 2007. (for technical notes please see Feb.7, 2008 press release).

Carey Galeschuk P. Geo and Ernie Marcotte P. Eng are the Qualified Person for Mustang Minerals Corp. for purposes of National Instrument 43-101.

To find out more about Mustang Minerals Corp. (TSX-V: MUM)

visit our website at www.mustangminerals.com or contact:

David Black, Investor Relations

Telephone (416) 955-4773 email: info@mustangminerals.com

We seek safe harbour.

06.05.2008 22:55
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es braut sich was zusammen !

es werden Neuigkeiten erwartet (hoffentlich gute !)

MUM TSX-V $0.465 +0.035 +8.14% Biggrin 0.45(140) 0.465(170) 0.47 0.44 0.45 208,000

Hello Mr xxx

Thankyou for your email. Mr Dunbar is out of town on business but I am

taking the liberty of replying to your question. You are correct,the

Prefeasibility is expected to be released this week some time.

We also expect assay results from our exploration this month as well.

Please refer to our web site for earlier press releases(also translated

to german on our web site). Please check: www.mustangminerals.com

Cheers

David Black..IR.

05.03.2008 18:37
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aus Wallstreet Online

der Nickelpreis steigt !!

#10960 von Jet3 05.03.08 17:34:44 Beitrag Nr.: 33.559.349

Dieses Posting: versenden | melden | drucken | Antwort schreiben | CROWFLIGHT MINERALS INC

Aus RSR von Heute:

Hochinteressant:

Kleine Nickelexplorer

wie Mustang, Crowflight & Castillian!

Unsere Meinung: Es zeichnet sich zusehends

ab, dass unsere Alt-Favoriten aus dem Nickel-

Sektor - nämlich Crowflight und Mustag Minerals

sowie Castillian Resources - in den kommenden Monaten vor

besonders starken Kursaufschlägen stehen!

Sie erinnern sich: Nachdem diese Titel in der

ersten Jahreshälfte 2007 deutlich zulegen

konnten, mussten sie infolge des massiv nachgebenden

Nickelpreises herbe Kursrückschläge

hinnehmen. Bei all diesen Aktien stimmt

jedoch die fundamentale Entwicklung; darüber

hinaus deuten sich jetzt jedoch auch aus

charttechnischer Sicht deutliche Kurssteigerungen

an. Konkret:

Crowflight Minerals (WKN 358036) verfügt

nicht nur über ein hochaussichtsreiches Hauptprojekt

(Bucko Lake) mit Top-Infrastruktur,

sondern auch über weitere Liegenschaften sowie

über einen Abnahmevertrag mit Xstrata.

28.02.2008 21:17
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auch Nickel zieht massiv an

Nickel February 28,12:46

Bid/Ask 13.8158 - 13.9065

Change +0.8414 +6.49% Biggrin

Low/High 12.9744 - 14.0880

und damit auch die Nickelwerte Mustang / Crowflight

25.01.2008 20:36
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sehr interessant, in USA gefunden

Credit Suisse advised investors to buy mining stocks on Wednesday, saying a sell-off on equity markets was overdone and that commodity prices were remaining relatively strong.

"Recent history shows that the commodity markets are a much better indicator of global growth than the equity markets," a research note said.

"We think this sell-off is another false start and recommend investors buy the miners which have fallen on average 18 percent from their December highs." The note did not give recommendations for specific stocks.

The investment bank's earnings-momentum indicator has only fallen 1.5 percent in the last week while commodity prices are holding up, it added.

Copper prices have given up only 2 percent as inventories continue to fall on the London Metal Exchange. "This could be a sign that European and US consumers which have massively de-stocked are beginning to slowly return to the market."

Coal prices remain firm and the bank recently upgraded its expectations for a price increase in iron ore contract negotiations to 55 percent from 35 percent.

"Bad news is now fully priced in our view, and the longer commodity prices stay strong, the more likely we will see a significant bounce in the miners."

08.01.2008 18:52
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auch hier wieder mal News

Diese Privaten bezahlen 0.65 cad !!! und die wollen sicher was verdienen BiggrinBiggrinBiggrin

(aktueller Kurs 0.56 +14%)

anuary 8, 2008

Mustang Flow Through Financing Completed

TORONTO, ONTARIO--(Marketwire - Jan. 8, 2008) - Mustang Minerals Corp. (TSX VENTURE:MUM)(FRANKFURT:NJF) is pleased to announce the closing of a non-brokered private placement of 3,513,667 flow through common shares ("Shares") of the Company at $0.65 per Share for gross proceeds of $2,283,883. The allotment of flow through common shares was increased from 3 million to 3,513,667. Funds will be used for exploration of the Company's properties primarily in Manitoba. This financing is non-brokered and a finder's fee of 6% cash paid to eligible finders. All of the securities issued in the financing have a hold period expiring four months and one day after the closing date.

The exploration activities of the Company will complement the ongoing development of the Maskwa Nickel Deposit. A National Instrument 43-101 compliant prefeasibility study for an open pit nickel mine, concentrator and related infrastructure is being completed by independent consultants to the Company.

Drilling will recommence at the Maskwa North Horizon the week of January 7, 2008. Widely spaced drilling will attempt to trace this zone over an approximate strike length of 1,000 meters. The Maskwa North Horizon has been traced by geophysics running approximately parallel to the proposed pit shell at Maskwa.

Carey Galeschuk P. Geo is the Qualified Person for Mustang Minerals Corp.

To find out more about Mustang Minerals Corp. (TSX-V: MUM) visit our website at www.mustangminerals.com.

31.10.2007 19:03
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bei den Nickelwerten ist Erholung angesagt

beide Titel werden empfohlen

MUM TSX-V $0.92 +0.09 +10.84% BiggrinBiggrin Vol 167,000

CML TSX-V $0.82 +0.02 +2.50% Biggrin Vol 1,138,400 BiggrinBiggrin

Nickel

Nickel October 31,11:44

Bid/Ask 14.2851 - 14.3078

Change +0.1588 +1.12%

10.10.2007 20:34
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endlich ist

bei den Rohstoffen Erholung angesagt !

Nickel October 10,11:44

Bid/Ask 13.9631 - 13.9654

Change +0.4317 +3.19% BiggrinBiggrin

Low/High 13.5087 - 14.0757

(gilt auch Crowflight, welche auch im Plus ist)

Dies gilt im Übrigen auch für viele Urantitel !!

06.09.2007 21:03
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es läuft was !!!

gross im Plus, es stehen Übernahmegerüchte im Raum !!

MUM TSX-V $0.85 +0.16 +23.19% BiggrinBiggrinBiggrinBiggrin Vol 634,300 Biggrin

sowie

Sep 06, 2007 01:00 ET

Mustang Minerals Prefeasibility Study Update $2 Million Financing Announcement

TORONTO, ONTARIO--(Marketwire - Sept. 6, 2007) - Mustang Minerals Corp. (TSX VENTURE:MUM)(FRANKFURT:NJF) today provided an update and revision to the prefeasibility study on the Maskwa Nickel Deposit. The Company also announced that Western Areas NL has notified the Company that it is exercising 4.5 million warrants into common shares of Mustang. The increased common share ownership of Western Areas will provide an additional $2 million to Mustang and will increase Western Areas equity ownership in Mustang to approximately 19%.

Maskwa Prefeasibility Study

The Maskwa Prefeasbility Study is currently in progress for a mine at Maskwa targeting approximately 10 million pounds of nickel in concentrate per annum and other metal credits. The scope of work for mine design has been revised to include a combined open pit / underground mining operation . The revised mine design will compensate for changes in the expected strip ratio of the project from the Preliminary Economic Analysis. The anticipated plan will be an approximately 8 year mine life with an initial six year open pit at one million tonnes of ore per annum. The total rock (ore and waste) mined in the life of the open pit will be approximately 48 million tonnes to be followed by an estimated two year underground operation. Production of ore from underground is assumed to be at a similar tonnage rate and at a higher grade than from the proposed open pit. This planned design compares to a proposed nine year open pit mine (at one million tonnes of ore per annum) in the Preliminary Economic Assessment (Micon International - January 2007) with total rock mined of 42.2 million tonnes. It is anticipated that an incremental increase in grade in the open pit will be achieved and a significant increase in grade for the underground component will also be achieved using the revised mine design. Wardrop Engineering Inc. will complete the revised scope of mine design.

Ongoing work is being completed on the Maskwa Prefeasbility Study by Wardrop Engineering Inc. (Mine Design, Geotechnical and Resource Model), Golders Associates Ltd. (tailings disposal), F Wright Consulting Inc. ( metallurgical test work ) and Met-Chem Canada Inc. ( Metallurgy and Process Definition, Ore Processing Facilities and Mine Site Infrastructure).

Western Areas NL Exercises Warrants

Western Areas NL has notified Mustang that it will exercise the 4,570,401 warrants it received as part of the private placement to Mustang announced November 15, 2006 into common shares of Mustang. The warrants will provide cash proceeds of $2 million to Mustang and will increase Western Areas equity interest in Mustang to approximately 19% of the outstanding common shares of the Company.

Ernie Marcotte P.Eng is the Qualified Person for Mustang Minerals Corp. for the purposes of National Instrument 43-101.

To find out more about Mustang Minerals Corp. (TSX-V: MUM)

visit our website at www.mustangminerals.com.

This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, \"forward-looking statements\"). Such forward-looking statements may include the Company\'s plans for its mineral projects in Manitoba, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company\'s operations, uncertainty of production and costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of nickel and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company\'s Management Discussion and Analysis for the year ended December 31, 2006 and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

Shares Outstanding: 63,923,359

The TSX Venture Exchange has not reviewed and does not accept responsibility for the contents of this press release.

02.09.2007 12:59
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DER Nickelpreis up

am Freitag

Nickel August 31,12:57

Bid/Ask 13.3810 - 13.4717

Change +0.7273 +5.75%

Mustang

MUM TSX-V $0.77 +0.12 +18.46% Biggrin Vol 128,100

21.08.2007 23:05
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sie waren in der

FUW vom vergangenen Samstag unter Hotcorner !!

sind nun 2 Tage um je 20% gestiegen.

heute

MUM.V 3:45PM ET 0.73 Vol 204,767 19.67% BiggrinBiggrin

Eigentlich wollte ich bei einem kleinen Rückgang zukaufen, dieser ist jedoch bis jetzt nicht eingetreten.

mal schauen

25.06.2007 13:21
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heute geht's zur Sache

offensichtlich positiv BiggrinBiggrinBiggrinBiggrin

sie ist auch ein Übernahmekandidat BiggrinBiggrin

June 25, 2007

Mustang Reports Nickel Mineralization at Maskwa Project

TORONTO, ONTARIO--(Marketwire - June 25, 2007)

Mustang Minerals Corp. (TSX VENTURE:MUM)(FRANKFURT:NJF)(the "Company") today announced encouraging drill results from both resource drilling and a deep hole drilled at the Maskwa Nickel Project. The deep hole demonstrated the continuation of the Maskwa zone below the limits of previous drilling by Mustang. The resource drilling for the prefeasibility study is now completed. The prefeasibility study in progress at Maskwa is for an open pit mining operation targeting annual production of approximately 10 million pounds of nickel in concentrate with other metal credits. Meanwhile exploratory drilling at the Owyhee Property is continuing.

Resource Drilling - Sufficient resource drilling has now been completed to enable the calculation of an updated resource model by Wardrop Engineering for the prefeasibility study. Diamond drill hole MM07-86 was a resource hole that intercepted a strong zone of mineralization at the eastern extent of the proposed pit shell. Drill hole MM07-87 was drilled at the southwest edge of the proposed pit shell and intersected three separate zones of mineralization.

Exploratory Drilling - Drill hole MM07-79 was collared to intersect the Maskwa Deposit approximately 60 meters beneath the resource pit shell. The mineralized zone was encountered at a depth of 390 meters. Lower grade nickel mineralization was encountered with the whole zone having a weighted average grade of 0.41% Ni over 31.1 metres. Two 3.05 meters intervals within the zone assayed 0.69% nickel and 0.71% nickel respectively.

Update of Other Activities

1. Mustang is currently preparing a status update of the prefeasibility study and permitting activities to be released shortly.

2. Geophysical interpretation of conductors from the recently completed heliborne EM survey is being completed by Geotech Limited.

3. Drilling is ongoing at the Owyhee Property, targeting several heliborne EM conductors.

4. The Company is implementing and will report on a strategy to maximize value from its Ontario property holdings including the East Bull Lake and the Bannockburn Properties.

Carey Galeschuk P.Geo the VP Exploration of Mustang is the Qualified Person for Mustang Minerals Corp. and has reviewed the contents of this release.

To find out more about Mustang Minerals Corp. (TSX-V:MUM) visit our website at www.mustangminerals.com .

14.06.2007 18:48
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endlich

erholt sich der Nickelpreis,

was stark zurückging erholt sich ebenso !!

Kupfer 18:14 7.469,00 +291,00 +4,05 %

Nickel 18:32 41.675,00 +1.825,00 +4,58 % Biggrin

Mustang +6.8% Biggrin und Crowflight ein wenig

die beiden Nickelwerte ebenfalls.

31.05.2007 21:26
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Nickel wird nicht so rasch überschüssig sein !!

nun gehts wieder bergauf

News :

News Releases

5/30/2007 1:00:30 AM ET News Release Index

Mustang Appoints New VP Exploration; Drilling Underway at Owyhee Property

The Board of Directors of Mustang Minerals Corp. (TSX VENTURE:MUM)(FRANKFURT:NJF) is pleased to announce the appointment of Carey Galeschuk B.Sc. P.Geo as Vice President Exploration of the Company. He will be responsible for implementing the exploration strategy of the Company. The primary focus of exploration activities of Mustang under Mr. Galeschuk will be to substantially increase in the nickel resources of the Company in southern Manitoba to supplement the Maskwa and Mayville Deposits. The focus is for high grade open pit resources in the Bird River Project area.

Mr. Galeschuk brings excellent qualifications to the Company. He is a Professional Geologist registered in both Ontario and Manitoba who has a broad range of exploration experience over the last 15 years. He is a Fellow Member of the Geological Association of Canada, a member of the Society of Economic Geologists, the Prospectors and Developers Association of Canada, and the Association of Applied Geochemists. He has worked for Noranda Exploration, Granges, Hudson Bay Exploration, TVX Gold and Tantalum Mining Corporation. For the last 12 years he has worked in the Bird River Project area. He is an experienced "hands on" field geologist with both mine and exploration experience whose local knowledge will be invaluable. Mr. Galeschuk has presented numerous geological papers to industry forums.

Exploration and Drilling Update

Activities currently underway are:

1) Mustang is now in the process of exploration drilling at the Owyhee Property, which it recently optioned from a private syndicate. Drilling is focused on geophysical targets generated by a heliborne geophysical program. Sufficient drilling will be completed in order to explain the source of the conductive anomalies.

2) Drill assay results are also pending from a zone of disseminated mineralization located beneath the Maskwa Resource.

3) Resource drilling and geo-technical drilling of the Maskwa Deposit have now been completed. A revised resource calculation is in process of completion for use in the prefeasibility study.

About Mustang

Mustang is focused on bringing the Maskwa Nickel Deposit in production and is currently completing a prefeasibility study on that deposit. Elsewhere in the Bird River Project Area, Mustang has another drill defined NI 43-101 compliant copper nickel resource at Mayville and additional properties/prospects with anomalies and targets to be tested.

The Company has announced the grant of 275,000 options to Mr. Galeschuk and other employees of the company. The options will be at a price of $1.20 per share and will vest over a period of up to two years. An additional 100,000 are being granted to a consultant to the company at an exercise price of $1.60 per option. None of the options being granted are to directors of the Company.

Ernie Marcotte P.Eng. is the Qualified Person for Mustang Minerals under NI 43-101.

To find out more about Mustang Minerals Corp. (TSX-V: MUM) visit our website at www.mustangminerals.com.

07.05.2007 23:23
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das heutige Rennen

Mustang gegen Crowflight (beide im gleichen Sektor)

hat der Mustang stark gewonnen ! BiggrinBiggrin

MUM.V 3:59PM ET 1.45 - 565,083 Up 13.28% 8)

Wenn bei Crowfl. jedoch die Abbaugenehmigung kommt gibts dort ein Riesenfest !!

Ich habe einen Artikel gelesen, dass man (china ?) eine andere Methode gefunden habe, um Stahl rostfrei zu machen !!!???

Ob es nur Geschwätz ist um den Nickelpreis ein wenig zu drücken ???

heute ist er jedenfalls wieder um über 3% gestiegen BiggrinBiggrinBiggrin

03.05.2007 19:53
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soeben noch mehr News (Gebietsausweitung)

Mustang Expands Mineral Rights Holdings Near Maskwa Nickel Deposit Completes New Heliborne EM Survey

TORONTO, ONTARIO, May 03, 2007 (MARKET WIRE via COMTEX News Network) --

Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) today announced that it has added significantly to its mineral rights holdings in the Bird River Greenstone Belt near the Maskwa Nickel Deposit. Mustang has:

1) optioned a substantial parcel of mineral rights (the "Owyhee Property") that includes geophysical targets at the drill ready stage. The Owyhee Property has been surveyed by the proprietary GeoTech Ltd. VTEMCopyright heliborne geophysical survey.

2) completed the GeoTech VTEMCopyright heliborne EM survey (announced April 19, 2007) over the balance of its landholdings along the southern limb of the Bird River Greenstone Belt including the area covering the Maskwa Deposit.

Rationale

Mustang is currently completing a prefeasibility study on the Maskwa Nickel Deposit which will include the construction of a new concentrating plant as part of the development model. It is contemplated that any new significant discovery of mineralization in the Bird River area will enhance the overall project economics of Maskwa. The preliminary economic analysis (PEA) for Maskwa announced by Mustang (Micon International January 2007) estimated a Net Present Value pretax for Maskwa of C$142 million using a 10% discount rate. (see press release dated January 23, 2007). The PEA outlined annual nickel production in concentrate of 10.4 million pounds for nine years.

Owyhee Property

As part of its ongoing exploration activities in the Bird River Greenstone Belt, Mustang has optioned the Owyhee Property and expanded its prospective exploration ground. The Owyhee Property consists of over 8,000 hectares of mining claims and contains at least two drill ready exploration targets coinciding with significant VTEMCopyright heliborne EM anomalies.

Under the terms of the option agreement with the principals of Owyhee, Mustang is required to spend $200,000 on exploration on the Owyhee Property prior to December 31, 2007 and test at least two priority EM targets currently identified. An additional $200,000 of expenditures is required on the property in the following year in the event Mustang elects to extend the option. In the event that Mustang commences commercial production on the property a three percent (3%) net smelter royalty (NSR) is payable. Mustang has a buyback on part of the NSR. One of the prominent anomalies which will be drilled is S-2B which is located approximately 8 km to the east of Maskwa.

Heliborne EM Survey Completed

The heliborne Geotech VTEMCopyright Geophysical Survey announced April 19, 2007 by Mustang has been completed. A total of 652 line kilometres were flown. The survey covered the area over the Maskwa Deposit (indicated open pit resource of 8,055,700 tonnes grading 0.64% nickel and 0.13% copper) and the contiguous land position held by Mustang to the east and west of Maskwa. The ground to the east was acquired through Mustang's purchase of 72% of the common share capital of Maskwa Nickel Chrome Mines Limited, a former subsidiary of Falconbridge.

The VTEM survey outlined several prominent anomalies constituting areas of preliminary interest. These include an EM anomaly to the west of the Maskwa Deposit. The Anson Lake Property was also surveyed. Anson Lake is a discrete block of mining claims to the northwest of Maskwa. Data from this block is being interpreted to confirm possible drill targets. No known previous drilling has been completed at Anson.

Together with the Owyhee Property and the results of the recent VTEM survey Mustang has significantly expanded its exploration potential within its Bird River Greenstone Belt holdings. The outline of an expanded drill program will be announced in the coming weeks as well as a detailed project update.

A map showing the location of the Owyhee Property will be posted at the Mustang website under the Bird River Property Map. The link is http://www.mustangminerals.com/pages/plat_properties.html.

Ernest J. Marcotte P. Eng., VP Operations of Mustang Minerals is the QP for purposes of National Instrument 43-101 and has reviewed the contents of this release.

To find out more about Mustang Minerals Corp. (TSX-V: MUM) visit our website at www.mustangminerals.com.

We seek safe harbour.

This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include the Company's plans for its mineral projects in Manitoba, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations, uncertainty of production and costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of nickel and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Management Discussion and Analysis for the year ended December 31, 2006 and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

Shares Outstanding: 63,657,956

The TSX Venture Exchange has not reviewed and does not accept responsibility for the contents of this press release.

Contacts: Mustang Minerals Corp. David Black Investor Relations (416) 955-4773 Email: info@mustangminerals.com Website: www.mustangminerals.com

SOURCE: Mustang Minerals Corp.

mailto:info@mustangminerals.com http://www.mustangminerals.com

Copyright 2007 Market Wire, All rights reserved.

03.05.2007 13:56
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gute Neuigkeiten

Mustang hat bezüglich Reserven und Marketkap eines der Besten Verhältnisse, auch exitiert bereits eine Beteiligung an der Firma (Übernahme ???).

WO Board: #610 von boomer2006 03.05.07 11:11:20 Beitrag Nr.: 29.108.838

Sehr geehrte Leser,

der australische Nickelkonzern Western Areas, welcher zu 19 % an unserem Nickel-Musterdepotwert Mustang Minerals (CAD-Kürzel MUM, WKN 910385) beteiligt ist, zeigte sich in einer Pressemitteilung begeistert von den Fortschritten, die Mustang auf dem Maskwa-Nickelprojekt im letzten Jahr geschafft hat.

Julian Hanna, Managing Director von Western Areas sagte: “Die Fortschritte von Mustang in den letzten Monaten waren substanzieller Art. Obwohl das Maskwa-Projekt niedrigere Gehalte hat, als unsere Nickel-Untergrundmine in Australien, hat es doch ähnliche Gehalte wie erfolgreiche Tagebau-Nickelprojekte weltweit. Maskwa dürfte angesichts der großen Ressourcen, der Ausmaße und der weiteren vorhandenen Metalle (inkl. Cobalt, Platin und Palladium) und der niedrigen operativen Kosten, sehr profitabel werden.“

Mustang hat das in Toronto ansässige, unabhängige Consultingunternehmen Wardrop engagiert, um eine vorläufige Machbarkeitsstudie zu erstellen. Western Areas wird Mustang dabei technisch unterstützen. Dies beinhaltet die Absendung eines erfahrenen Minenentwicklungsteams, welches das Maskwa-Projekt zum schnellstmöglichen Zeitpunkt zur Produktion führen soll. Das Maskwa-Nickel-Projekt hat bereits einen hervorragenden Infrastrukturanschluss, mit Straßen, Eisenbahn und Stromanschluss.

Bislang geht man davon aus, dass auf dem Maskwa-Projekt bei 9-jähriger Minenlaufzeit 10,4 Mio. Pfund Nickel im Jahr gefördert werden können.

Heute meldete Mustang, dass man neben dem Maskwa-Projekt weitere Optionen zur Exploration von 8.000 Hektar („Owyhee-Projekt“) gesichert hat. (siehe Originalnews unten!)

Dies ist eine sehr gute Nachricht, denn das Maskwa-Projekt war zu den Seiten hin weiter offen. Dass heißt, die Nickel-Mineralisierung ging auch auf die Nachbargrundstücke über, die man sich mit nunmehr ebenfalls gesichert hat. So ist gewährleistet, dass bei einem erfolgreichen Minenaufbau auch über die bisher nachgewiesenen Ressourcen noch erhebliches Explorationspotenzial besteht und die Möglichkeit vorhanden ist, die Minenlaufzeit erheblich auszudehnen.

Charttechnisch hat Mustang den von uns erwarteten (und gesunden) Rücksetzer langsam vollzogen. Unter 0,80 Euro (akt. 0,786 Euro) sind auch von dieser Seite wieder klare Kaufkurse!

Mustang Minerals: Vergleich offenbart eklatante Unterbewertung!

NAME - geplante jährl. Nickelproduktion - Börsenbewertung in Mio. CAD

FNX Mining FNX - 8,0 Mio. Pfund - 2.268

Liberty Mines LBE - 3,9 Mio. Pfund - 250

First Nickel FNI - 4,8 Mio. Pfund - 190

Mustang Minerals MUM - 10,0 Mio. Pfund Biggrin - 73Crowflight Minerals CML - 11,0 - 215

19.04.2007 11:47
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neuste Bohrresultate !!!denke, diese könnte den Start bedeut

Mustang Minerals Corp.: Deep Hole Intercepts Nickel Zone at Depth Heliborne EM Survey Underway

01:00 EDT Thursday, April 19, 2007

TORONTO, ONTARIO--(CCNMatthews - April 19, 2007) - Mustang Minerals Corp. (TSX VENTURE:MUM)(FRANKFURT:NJF) today is pleased to announce that a drill hole underneath the Maskwa Open Pit Resource has intersected a wide zone of disseminated nickel mineralization with an intercept length of 41.15 meters at 0.63% nickel with a core interval of 4.5 meters grading 1.58% nickel and 1.8 g/t PGM. The Company also announced that it is underway with a heliborne EM program to complete coverage over its extensive land holdings in the Bird River Greenstone Belt.

Drill hole MM07-78 was drilled underneath the current open pit resource and at the bottom limit of the known mineralization at Maskwa. The drill hole returned both a wide disseminated zone of mineralization and a higher grade zone within the wider interval. The hole is evidence of the potential for further resource development below the open pit resource at Maskwa. Assay results are as follows:

---------------------------------------------------------------------------

MM07-78 West beneath Pit Shell

---------------------------------------------------------------------------

Intervals Nickel Copper Cobalt Pt+Pd+Au

---------------------------------------------------------------------------

From (m) To (m) Length (i)(m) % % ppm

---------------------------------------------------------------------------

300.84 341.99 41.15 0.63 0.07 247 690 Whole Zone

---------------------------------------------------------------------------

300.84 311.17 10.33 0.64 0.11 265 674 Hanging Wall

---------------------------------------------------------------------------

316.08 335.89 19.81 0.84 0.07 297 947 Maskwa Zone

---------------------------------------------------------------------------

328.27 334.37 6.10 1.39 0.14 427 1519 Including

---------------------------------------------------------------------------

328.27 332.84 4.57 1.58 0.17 483 1808 Including

---------------------------------------------------------------------------

---------------------------------------------------------------------------

(i) Length is apparent length m equals meters

Drill Program Ongoing

The ongoing diamond drilling program consists of resource definition and geotechnical drill holes to be incorporated into the current prefeasibility study on the Maskwa deposit as well as exploration targets previously untested. Resource definition drilling targeting the margins and the periphery of the resource, is approximately 90% complete with no material changes anticipated to the limits of the resource. Currently, Mustang is drill testing geophysical targets within a potential feeder structure to the west of the resource; only minor sulfides have been intersected to date and assays are pending.

Mustang will post the all the results of the resource drilling on its website.

Geotech VTEM Survey

Mustang has commissioned Geotech Ltd. to perform heliborne geophysical surveys, utilizing their proprietary VTEM(C) system, over its land position along the southern limb of the Bird River Greenstone Belt. This includes staked ground to the west of the Maskwa deposit and claims to the east that were purchased by Mustang from Falconbridge Limited in 2005. The survey consists of 652 line kilometres to be flown mostly at 100m line spacing, however, line spacing will be reduced to 50 m over the area immediately to the west of the Maskwa pit in an effort to locate the source of high grade nickel and PGM-bearing massive sulfides. Assays of massive sulfides from the Maskwa waste dump and from drill core drilled near the western margin of the Maskwa deposit have returned values greater than 8% nickel and 10 g/t PGM.

The VTEM survey will also cover the Anson Lake claim block which was staked by Mustang in 2005 based on a large magnetic anomaly and potential favourable geology for Ni-bearing sulfides. The Anson Lake claims have not been subject to modern geophysical and exploration techniques. Exploration to date has consisted of historical regional aeromagnetic surveys and limited prospecting.

Robin Dunbar, President of Mustang commented "Recently announced mergers and acquisitions activity in the nickel sector globally have confirmed the value of open pit nickel mining operations grading in the 0.6% nickel range - a similar grade to Maskwa. This enforces the Mustang strategy of focusing on advancing the Maskwa project through feasibility. In addition Mustang is focused on conducting targeted exploration in the project area to enhance the Company value. The potential for higher grade underground resources to extend the mine life will also enhance the value of the Maskwa Property" he added.

Ernest J. Marcotte P. Eng., VP Operations of Mustang Minerals is the QP for purposes of National Instrument 43-101 and has reviewed the contents of this release.

To find out more about Mustang Minerals Corp. (TSX VENTURE:MUM) visit our website at www.mustangminerals.com.

We seek safe harbour.

This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include the Company's plans for its mineral projects in Manitoba, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of nickel and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Management Discussion and Analysis for the nine month period ended September 30, 2006 and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

This news release uses the terms "inferred resources" and "indicated resources". The Company advises investors that although these terms are recognized and required by Canadian securities regulations (under National Instrument 43-101 "Standards of Disclosures for Mineral Projects"), the US Securities and Exchange Commission does not recognize these terms. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves. In addition, "inferred resources" have a great amount of uncertainty as to their existence, and economic and legal feasibility. It cannot be assumed that any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility of pre-feasibility studies, or economic studies except for a Preliminary Assessment as defined under National Instrument 43-101. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.

Shares Outstanding: 63,657,956

FOR FURTHER INFORMATION PLEASE CONTACT:

Mustang Minerals Corp.

David Black

Investor Relations

(416) 955-4773

Email: info@mustangminerals.com

Website: www.mustangminerals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the contents of this press release.

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