I haven't heard your clip (I'm at work!) so it's hard to give recommendations. I'll give you some biolerplate ideas that should at least be close, and then you'll need to listen hard and make adjustments. Learning good EQ use can really only be self-taught, but some ideas like the ones below helped *me* out a lot. They've helped *my* recordings, but Your Mileage May Vary.
For mud removal, try removing a few dB at about 300hz. Also roll off lows below 100hz or so, they're not so necessary for distorted axe (unless you seriously detune, like to B or A#). Too much super-low end seems to sound heavy+nice on headphones but like ass everywhere else (one reason why they say "DON'T MIX ON PHONES"... of course I learned that hard way). It'll add lots of undefined crap to the mix.
The shred seems to live around 8K, the usual guitar attack at about 2K... you may want to cut a little from 700-1000hz or so to make room for the drums...
And listen listen listen!! After a while your ears will be trained to "guess" the offending frequencies to be cut. EQ is hard to master.
Hope this helps a bit. Also, do what helped me: go to Prorec.com and look for the multi-part series "All Things Being EQ-al" (
http://prorec.com/prorec/articles.nsf/files/AFFCBC3A0382C83A862565D6001E69A8) and the article "Why Your Mixes Suck." (
http://prorec.com/prorec/articles.nsf/files/5C8127B86D60C1B9862566B9001EF763) hey may not be totally relevant to your current problem, but they have good stuff on there.