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Mustang Minerals Corp.: New PGM+Ni+Cu Mineralization Drilled at East Bull Lake, Ontario; Mustang Announces Financing.

TORONTO, ONTARIO, Jul 3, 2008 (Marketwire via COMTEX) -- Mustang Minerals Corp. (TSX VENTURE:MUM)(FRANKFURT:NJF) today announced results from widely spaced reconnaissance drilling on the first of several VTEM geophysical anomalies at the Company's East Bull Lake Project west of Sudbury, Ontario. The most significant result from the diamond drilling completed was a new high grade copper-nickel PGM intercept of massive sulfide in a broader intercept of PGM and nickel mineralization in drill hole EB08-02. The Company also announced it has entered into an agreement with Research Capital Corp. to act as a Lead Agent for a best-efforts private placement offering (the "Offering") of ...

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