No additional work was completed
During 2005 Mustang completed a GeoTech VTEM heliborne Mag/EM survey over the entire property. This work outlined a 1.3 km long geophysical conductor which was named the M2 Zone. In June 2005 the company commenced drilling at the M2 Zone. Drilling intersected a wide zone of copper-nickel mineralization. Highlights of the drill program included drill intercepts of 67.4 metres grading 0.26% nickel and 0.68% copper and 81.8 metres
grading 0.28% nickel and 0.72% copper. By April 2006 Mustang completed drilling on the M2 Cu-Ni Zone
across 1.3 kilometers of strike length and to a maximum depth of greater than 350 metres. The majority of drill
holes intersected the M2 Zone above 200 metres.
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