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Mustang Minerals to sell Mexico’s El Cobre copper-gold porphyry project for US$1,500,000

Mustang Minerals said it will sell its wholly owned El Cobre copper-gold porphyry project in Mexico for US$1,500,000 in cash, pending TSXV regulatory approval. The company said the divestment is intended to focus resources on advancing its 2026 copper and gold exploration plans in Nevada, including the Red Ring, Confusion Hills and Pilot projects. El Cobre is a pre-production exploration asset with no historical production and no announced resources, and the sale does not involve changes to output, supply chains or broader industry supply-demand dynamics.
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