Can you post a photo of what you're talking about so we can have a little better idea of what the situation is?
Fender bolts are neither highly torque or big grade bolts so you should have too much trouble getting it out once you identify the right approach.
2011 Mustang GT M6 3.31s
Matt HONEYCUTT Tune, Lethal Off-Road X, GT500 axlebacks, J&M LCAs, UPR UCA, Whiteline LCA relocation brackets, Eibach Pro-Kit Springs, Koni STR.T shocks/struts, GT500 strut mounts, SR Strut Tower Brace
Best 1/4 E/T (05/18/14 MIR - no tune, X-pipe, or UCA): 12.920 @ 109.40 mph (2.059 60ft)