Mustang Alliances, Inc. (fka MSTG)

[dirkie]

Mustang Alliances, Inc. is an exploration-stage company. The Company is a junior natural resource company engaged in the exploration of mineral properties located in Honduras. The Company's primary focus is in the gold sector and the Company's mineral properties consist of the properties known as Corpus I, II, II and IV mining concessions and the Potosi concession. The Properties are located within the western Interior Highlands topographical province. The Honduras Properties have a total area of approximately 11,860 acres (48,000 hectares). It is situated approximately 85 kilometers SSE of the capital city of Tegucigalpa and approximately 30 kilometers east of a deep water port on the Gulf of Fonseca. On February 22, 2011, the Company entered into another Lease Agreement with Cerros and Mayan Gold. Cerros also granted the Company an option to acquire rights to properties known as Corpus I, II, and III concessions and the Potosi concession