Mustang Minerals Corp. ( TSXV:MUM, Frankfurt:NJF) is focused on development of the Maskwa Nickel Project in Manitoba Canada and is an active exploration company. At Maskwa, in May 2008 ,the Company received positive results from its prefeasibility study at their open pit nickel project. Micon Engineering concluded:" the Maskwa Project contains an economic mineral reserve and warrants continued development to the full feasibility stage". Mustang is proceeding with a full feasibility study and will undertake to secure a mine permit for the Maskwa project. Western Areas NL (ASX/TSX: WSA), an Australian nickel producer, has acquired an 18.1% equity interest in Mustang and is contributing technical expertise to assist in project development