Mustang Minerals Corp.
TSX VENTURE : MUM

Mustang Minerals Corp.

June 06, 2006 08:30 ET

Mustang Retains VP Operations-Focus on Advancing Maskwa Nickel Project

TORONTO, ONTARIO--(CCNMatthews - June 6, 2006) - The Board of Directors of Mustang Minerals Corp. (TSX VENTURE:MUM) today announced that Ernest J. Marcotte, P.Eng., is joining Mustang as Vice President Operations. Mr. Marcotte has had a distinguished career in the mining industry with extensive experience in metallurgical and mining operations including plant design, commissioning and operations. Mr. Marcotte's primary focus will be on advancing the Maskwa Nickel Project into production.

Mr. Marcotte has worked for a number of successful mining companies including Falconbridge Limited, Denison Mines, McIsaac Explorations (which operated the Inco Shebandowan nickel mine) and North American Palladium. Recently he has worked for SNC Lavalin as senior metallurgist and as a consultant for Winnipeg Environmental specializing on mining related projects.

Mustang's Maskwa Nickel Project contains a 43-101 Indicated Nickel Open Pit Resource containing 78.75 million pounds of nickel and 17.06 million pounds of copper. The Indicated Underground Resource contains 19.31 million pounds of nickel and 2.46 million pounds of copper. The resource calculation was completed by Roscoe Postle Associates in February 2005.

"We are very pleased to have Ernie Marcotte join the Mustang team. His experience in mine development and metallurgical skills are well suited to our objective of advancing the Maskwa Mayville Project to production," said Robin Dunbar, President of Mustang. "Our project is unique in Canada as it contains a substantial nickel copper resource that is open pittable and is located near excellent mining infrastructure."

Maskwa Mayville Project Update

Currently second stage metallurgical testwork is pending on samples from the Maskwa Nickel Deposit. Results of the metallurgical testwork are expected to be available shortly. In addition to the resource at Maskwa, Mustang has recently retained Roscoe Postle Associates to complete a second mineral resource estimate at the Mayville Property which is located approximately 35 km to the north of Maskwa.

Peter Wood, P.Eng., P.Geo., is the Qualified Person for Mustang Minerals Corp. and has reviewed the contents of this release.

To find out more about Mustang Minerals Corp. (TSX-V: MUM) visit our website at www.mustangminerals.com.

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. . This news release does not constitute an offer to sell or a solicitation of an offer to purchase securities in the United States.

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