SUDBURY AREA AND THE PGM PLAY Message Board

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Gold/Mining/Energy : SUDBURY AREA AND THE PGM PLAY

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To: Ptaskmaster who wrote (12)	9/17/1999 1:15:00 PM
From: Just G	of 349

An update on Impala and Mustang Minerals No charge Today's Headlines Charts, Quotes, & Market Stats Canadian Company Information US Company Information $10/month Equity Search Compare Equities Insider Trades Short Positions $5/month About all services Free Trial Subscribe now Discounts Modify/ Cancel Subscription Canadian Company Press Release MMIN 1999-09-17 (provided courtesy of Canadian Corporate News.) register to receive future releases by email from CCN Mustang Minerals Corp. River Valley PGE Property Update TORONTO, ONTARIO--Documentation regarding the joint venture agreement with Impala Platinum Holdings Limited (Implats") is currently being finalized. ( For reference to this agreement please see Mustang Press Release ( Mustang - Impala to Joint Venture) dated August 9th 1999 and Implats News Release (EXCITING GROWTH PROSPECTS FOR IMPLATS dated August 31, 1999 at www.implats.co.za ). Under interim arrangements with Implats fieldwork at River Valley initially consisting of gridding and ground magnetics has commenced. EAST BULL LAKE PGE PROPERTY UPDATE Mustang is pleased to announce that a new phase of exploration is underway at its 100 percent owned East Bull Lake PGE Property located 80 km west of Sudbury Ontario. The program will be financed by the recent private placement announced on September 9. The objectives of this phase of exploration will be to continue to test the lateral continuity and grade of mineralization occurring in the anorthosite layer along the southern margin of the intrusion. Additional linecutting, detailed sampling and geophysics including induced polarization are anticipated to be completed by mid October at which time drilling along the southern margin will resume. The company plans to complete a minimum of 1,000 meters of drilling in this phase. Previous drilling by Mustang intersected platinum (pt), palladium (pd) and gold (au) mineralization in the anorthosite layer over 300 meters of strike length along the southern margin in the vicinity of Moon Lake. The anorthosite layer occurs at the contact of the intrusion and the surrounding rock and outcrops intermittently for approximately 20 km along the southern margin. A map outlining the mineralized target zone at East Bull Lake is posted on the Mustang website at www.mustang-gold.com. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Mustang Minerals Corp. Robin Dunbar - President (416) 955-4773 (416) 368-1539 (FAX) Email: investors@mustang-gold.com mustang-gold.com

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