RE: Drill Program ResumesMayville - Mustang continues to intersect PGM's along with other elevated mineralized credits of Copper and Nickel.
Todays news release indicates that drilling appears to be into similar ore grades to what Ken Lapierre drilled off last decade. Mustang shareholders can be thankful that Ken got the ball rolling in a big way at Mayville in proving up the initial 10 million tons (NI 43-101). As a preliminary assessment, from the overall results of the 2011 drilling, Mustang should be able to double the resource value of Ken's initial deposit (accounting for the higher grade value of the PGE's in the 2011 drilling).
Makwa - Mill Equipment from former Noranda operation is currently being dismantled and mobilised off site. Good indication that the bankable feasibility can be fast-tracked and move Mustang one step closer to EPCM and production commissioning.
Bugbee