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CSE:MEC   OTC:MECPF   FRA:92T

Dutton Project

Dutton-Website_3.jpg

Figure 1: Overview of Dutton Property - Mustang Energy (1), (4), (5)

Highlights

  • Ownership: 100% owned by Mustang Energy

  • Size: 7,633 hectares across 3 contiguous claims.

    • Location:

      • Situated in the Southern Athabasca Basin region of Northern Saskatchewan, the property lies west of the Cable Bay Shear Zone. Approximately 20 kilometers east is the Virgin River Shear Zone, home to high-grade uranium deposits, including:

        • Dufferin Lake Zone (Cameco Corp.): Highlight drill results of 1.73% U₃O₈ over 6.5 meters. (2)

        • Centennial Deposit (Cameco Corp.): Highlight drill results of 8.78% U₃O₈ over 33.9 meters. (3)

  • Geological Potential:

    • Underexplored property with shallow depths to unconformity (~100 – 500 meters).

    • Underlain by basement rocks of the Mudjatik Domain and intruded by an extensive radioactive diabase dyke complex.

  • Previous Work:

    • 2007 GEOTEM Survey over the western half of the property successfully mapped the diabase dyke complex and identified conductive targets (Report# 74G06-0038). (4)

    • Historical exploration from 1978-1981 included mapping and prospecting, VLF-EM, ground EM, horizontal loop surveys, and biogeochemical sampling (Report# 74G06-0024). (5)

Overview

The 100% owned Dutton Project spans 7,741 hectares over three adjoining claims in the Southern Athabasca Basin, Saskatchewan. Approximately 20 kilometres to the West of the Project is the Virgin River Shear Zone which hosts known high-grade uranium deposits such as Cameco Corp’s Centennial Deposit. The property lies just west of the Cable Bay Shear Zone and the underlying basement rock is hosted in the Mudjatik Domain. Exploration within the nearby Cable Fault Corridor has intersected anomalous uranium values. The uranium is hosted in hematized fractures associated with the diabase dykes. The property encompasses a diabase dyke complex, including conductive anomalies and elevated radioactivity. Historical exploration (1978–1981) identified several features of interest, including weakly conductive EM anomalies, biogeochemical uranium enrichment, and radioactive dykes. (5)

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Through systematic exploration and geophysical surveys, Mustang Energy seeks to uncover the project's uranium potential and build on historical findings to identify high-priority drill targets.

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The Dutton Project is located within the traditional territory of English River First Nation (ERFN). Mustang Energy holds an Exploration Agreement with English ERFN. This agreement establishes a framework for responsible mineral exploration that respects the Nation's cultural, environmental, and economic interests.

Exploration Plan (Next Steps)

1. Data Refinement:

  • Reprocess 2007 GEOTEM data for integration with new surveys.

2. Geophysical Surveys:

  • Image deep conductors possibly associated with unconformity or basement-hosted uranium mineralization.

3. Ground-Based Exploration:​

  • Detailed sampling will follow to validate geophysical anomalies and refine drill targets.

4. Drilling:​

  • Initiate maiden drill program of high-priority targets focusing on significant EM targets.

References

(1) Saskatchewan GeoAtlas: Retrieved from  https://gisappl.saskatchewan.ca/Html5Ext/index.html?viewer=GeoAtlas

(2) Saskatchewan Mineral Deposits Index, SMDI# 2758, Centennial Zone, Virgin River Project: Retrieved from  https://mineraldeposits.saskatchewan.ca/Home/Viewdetails/2758

(3) Saskatchewan Mineral Deposits Index, SMDI# 2056, Dufferin Lake Uranium Zone : Retrieved from  https://mineraldeposits.saskatchewan.ca/Home/Viewdetails/2056

(4) Saskatchewan Mineral Assessment Database, Report# 74G06-0038, 2007 Stikine Gold MEGATEM: Retrieved From  http://mineral-assessment.saskatchewan.ca/Pages/BasePages/Main.aspx

(5) Saskatchewan Mineral Assessment Database, Report# 74G06-0024, 1981 Transient EM: Retrieved from  http://mineral-assessment.saskatchewan.ca/Pages/BasePages/Main.aspx

(6) Saskatchewan Mineral Deposits Index, SMDI# 2058, Abraham Bay Radioactive Diabase Dykes, Retrieved from  https://mineraldeposits.saskatchewan.ca/Home/Viewdetails/2058

Targets

  1. Diabase Dyke Complex:

  • GEOTEM and historical VLF-EM surveys identified conductors correlating with the diabase dyke complex. (4), (5)

  • 2 km north of the property along the same dyke complex recorded 400 cps in “Trench 8 and 9” showings (Report# 74G06-0024). (5)

  • Abraham Radioactive Dykes which lie in analogous geological setting recorded up to 1500 cps (SMDI 2058). (6)

  • Nearby Cable Bay Shear Zone features numerous intersections of anomalous uranium associated with fracture-controlled mineralization within or adjacent to dykes.

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