VANCOUVER, British Columbia, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. ( CSE: MEC, OTC:MECPF, FRA:92T ) (the “ Company ” or “ Mustang ”) is pleased to announce that it has engaged Axiom Exploration Group (“Axiom”) to conduct an Aerial Electromagnetic Survey (“ XciteTM TDEM ”) over its Dutton Project (the " Project ") in the southern Athabasca Basin, Saskatchewan.

The XciteTM TDEM survey is planned to commence in February 2025 and cover the eastern portion of the claim package which has not been previously surveyed for electromagnetic (EM) conductors. The airborne survey will precisely locate EM anomalies and aid in structural interpretations on the Project for future drill targeting. XciteTM is a new generation of helicopter-borne time-domain electromagnetic (TDEM) systems developed by New Resolution Geophysics (NRGTM).

Axiom is an exclusive provider of this service in North America. This state-of-the-art technology provides an efficient alternative to all prior TDEM technologies for mineral exploration. The system utilizes a patented inflatable transmitter loop with a diameter of approximately 20 meters, suspended about 30 meters below the helicopter.

The XciteTM system offers exceptional signal clarity, enabling the detection of subtle subsurface features. It features a programmable waveform with a fast turn-off time, allowing for flexibility in data acquisition and improved resolution of both shallow and deep targets. About the Dutton Project T.