03:52 PM EST - Western Areas NL : and Mustang Minerals Corp. announce 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 metres at an average grade of 9.5 g/t combined platinum and palladium (from 55.5m depth) within a wider zone of 41.16 metres 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. Western Areas NL
shares T.WSA are trading even at $6.60.
