03:51 PM EST - Mustang Minerals Corp. : and 19.9% shareholder Western Areas NL announced a significant new drill discovery of platinum and palladium mineralization at shallow depth at Mustang's 100% owned Mayville Property. Diamond drill hole MAY11-07 intersected 9.15 meters at an average grade of 9.5 g/t combined platinum and palladium (from 55.5m depth) within a wider zone of 41.16 meters at an average grade of 2.9 g/t PGM. The highest grade interval in MAY11-07 is 1.52 m at 8.9 g/t platinum and 22.6 g/t palladium. Mustang Minerals Corp.
shares V.MUM are trading up $0.11 at $0.23.
