is focused on exploration and development for nickel, copper and platinum group metals. The Company has two near surface bulk tonnage deposits in southeast Manitoba located approximately 20km apart.
The Company announced an updated resource estimate in February 2013. The Mayville indicated resource increased from 11.6 million tonnes at 0.55% copper and 0.21% nickel to 24.3 million tonnes at 0.45% copper and 0.19% nickel.
The objectives of the Company include economic studies on co-development of the two deposits and continued exploration of its landholdings in the highly prospective Bird River Greenstone Belt.
Western Areas NL (ASX: WSA) an Australian nickel producer owns 19.5% of the equity of Mustang.