Annuncio • Mar 03
Murchison Minerals Ltd., Annual General Meeting, Apr 29, 2026 Murchison Minerals Ltd., Annual General Meeting, Apr 29, 2026. Location: ontario, toronto Canada Annuncio • Aug 12
Murchison Minerals Ltd. announced that it has received CAD 2 million in funding from HCC Group On August 12, 2025, Murchison Minerals Ltd. has closed the fully subscribed transaction. The company issued 1,833,333 Hard Dollar common shares at a price of CAD 0.30 per HD Common Shares for gross proceeds of CAD 549,999.9 and 4,027,778 flow-through Common Shares at a price of CAD 0.36 per FT Common Shares for gross proceeds of CAD 1,450,000.08 for total aggregate gross proceeds of CAD 1,999,999.98. The transaction included participation from HCC Holding Ltd. (“HCC” or “HCC Group”) – a subsidiary of Misty Ventures Inc. a new cornerstone investor for an aggregate of 4,027,778 Common Shares representing approximately 19.39% of the Company’s issued and outstanding Common Shares on an undiluted basis, Donald K. Johnson an additional 1,833,333 Common Shares for aggregate investment of CAD 549,999.90 to maintain his current ownership in the Company at approximately 31.4%. The company paid Finder’s fees of CAD 16,500. All securities issued under the Private Placement are subject to a hold period expiring on December 9, 2025, in accordance with applicable securities laws. The Private Placement is subject to final acceptance of the TSX Venture Exchange. Annuncio • Feb 25
Murchison Minerals Ltd., Annual General Meeting, Apr 30, 2025 Murchison Minerals Ltd., Annual General Meeting, Apr 30, 2025. Location: ontario, toronto Canada Annuncio • May 15
Murchison Minerals Ltd. Completes Lithogeochemical Study At the Bmk Cu-Zn-Ag-Pb-Au Vms Project in Saskatchewan Murchison Minerals Ltd. announced results from a comprehensive Lithogeochemical Study of the Host Rocks at the BMK Deposit and associated VMS showings (the "Study") along the 37 km BMK Trend at its 100%-owned Cu-Zn-Ag-Pb-Au Volcanogenic Massive Sulphide (VMS) BMK Project in Saskatchewan. As part of the Study, the Company selected drill hole BR07-39 for re-logging and re-sampling - the hole was drilled through the centre of the BMK Deposit. Assay results from an interval of BR07-39 located below the lower zone of VMS mineralization at the BMK Deposit - an interval previously thought to be barren - returned high-grade Gold-Silver-Lead (Au-Ag-Pb) mineralization. Annuncio • Apr 30
Murchison Minerals Ltd. Concludes Winter Diamond Drill Program, Expands VMS Mineralization (Copper-Zinc-Silver-Lead-Gold) At BMK Deposit Murchison Minerals Ltd. announced that it has concluded the 2024 Winter Exploration Program (the "Program") at its 100%-owned Cu-Zn-Ag-Pb-Au Volcanogenic Massive Sulphide (VMS) BMK Project in Saskatchewan. The Program was designed to provide a first pass reconnaissance for the discovery of a potential copper stockwork zone associated with the formation of the BMK Deposit. In total, 2,712 m were completed, comprising four diamond drill holes, which tested four high-priority target areas (one hole at each target area). Three target areas: BMK Deep, North and South followed up on previous drilling at the BMK Deposit, where high-grade copper has been intersected. The fourth target, CST, tested a geophysical anomaly 400 m along strike to the southwest of the BMK Deposit. The three drill holes at the BMK Extension Targets successfully expanded the footprint of VMS mineralization at the BMK Deposit, demonstrating that the Deposit remains open and prospective for further expansion and discovery of an associated copper stockwork zone. Significantly, at BMK North, drill hole BMK24-003 intersected a zone of VMS mineralisation with a high copper to zinc ratio. Similar high copper to zinc ratios have been intersected during previous drill campaigns which targeted the northern extent of the BMK Deposit. The Company is encouraged by these intersections, indicating the potential for a nearby copper stockwork zone proximal to the northern extent of the BMK Deposit. At the CST Target area, drilling intersected a significant interval of VMS type alteration which correlates with an off-hole borehole electromagnetic conductor, indicating the drill hole may have narrowly missed a zone of VMS mineralization. The 2024 Program demonstrates the BMK Deposit remains open for further expansion of VMS mineralization. Additionally, the results from this first pass testing are encouraging for the discovery of an associated copper stockwork zone during future drill campaigns. 2024 Winter Drilling: CST24-001 was drilled to test the CST geophysical target 400 m southwest of the BMK Deposit. Due to ground conditions, the drill hole shallowed out, deviating significantly from the targeted pierce point intersecting the geophysical anomaly approximately 150 m from its center. A significant zone (over 6 m in length) of garnet-anthophyllite-cordierite-biotite gneiss consistent with alteration observed at the BMK Deposit was intersected at 410 m depth. A subsequent borehole electromagnetic survey was completed on the hole and indicates an off-hole conductive anomaly appears to be associated with the alteration. Multiple graphitic conductors were intersected at depths of 438 m, 463 m and 733 m which partially explain the HeliSAM geophysical response. Additionally, a 0.5 metre spot sample was submitted for REEs analysis associated with a pegmatite (Figure 3) which returned very significant grades of REEs yielding 7.76% TREO. The Company considers the presence of such high-grade REEs encouraging and will complete a property wide review of previous drill, grab and outcrop samples for additional occurrences. BMK24-001 was drilled to test the BMK South Extension, the hole intersected a narrow interval of mineralization (Table 1) confirming the presence of VMS mineralization south of the Deposit. BMK24-002 was drilled to test the BMK North Extension, the hole successfully intersected mineralization 100 m to the northwest of BMK's current footprint, intersecting grades of up to 1.96% copper with mineralization having a high copper to zinc ratio which is indicative of copper stockwork mineralization. These results are considered encouraging, and the Company will focus additional exploration to the north of the Deposit. BMK24-003 was drilled to test the extent of the BMK Deposit and the potential for a copper stockwork zone. The hole successfully intersected mineralization 110 m down-dip from the current footprint of the BMK Deposit. Annuncio • Feb 23
Murchison Minerals Ltd., Annual General Meeting, May 01, 2024 Murchison Minerals Ltd., Annual General Meeting, May 01, 2024. Annuncio • Jan 23
Murchison Minerals Ltd. Announces the Commencement of the 2024 Winter Exploration Program Murchison Minerals Ltd. announced the commencement of the 2024 Winter Exploration Program (the "Program") at its 100%-owned Cu-Zn-Ag-Pb-Au Volcanogenic Massive Sulphide (VMS) BMK Project in Saskatchewan. The Program is comprised of diamond drilling totaling approximately 3,500 m and is expected to be completed by mid-March. Cyr Drilling of Sunnyside, Manitoba was selected as the drill contractor. The objective of the Program is the discovery of the copper-rich stockwork zone predicted due to the high-grade nature to be associated with the formation of the BMK VMS Deposit. The Program will focus on testing three target areas: CST, BMK North and BMK South Extensions. 2024 Winter Exploration Program: The Program will focus on diamond drill exploration, utilizing one drill. Murchison maintains a year-round core processing facility, and accommodations within the nearby 2.5 km community of Brabant Lake, SK. The BMK Project site is easily accessible with maintained road access within 1.8 km of the Deposit, while exploration target areas have well established drill-trails. The Company has secured all necessary permits and approvals for the Program. The BMK Deposit has a 2018 NI 43-101 resource estimate of 2.1 Mt indicated at 0.69% Cu, 7.08% Zn, 0.49% Pb, 39.6 g/t Ag, 0.23 g/t Au and 7.6 Mt of inferred at 0.57% Cu, 4.46% Zn, 0.19% Pb, 18.42 g/t Ag, and 0.1 g/t Au and remains open along strike and at depth. Recent work completed by subject matter expert Dr. Stephen J. Piercy, Professor at Memorial University NFLD, has aided in an updated geological interpretation of the BMK Deposit. The updated geological interpretation indicates that the BMK Deposit should have an associated copper stockwork zone which is typical in most VMS deposits, and has yet to be discovered at BMK. The copper stockwork zone represents a target which could considerably add to the BMK resource, and its identification is of top priority for Murchison. During the Program, the Company will drill test three high priority areas. i). The CST target, a large geophysical anomaly, reidentified in a 2017 Heli-SAM survey (hybrid ground/airborne electromagnetic survey). The target is considered prospective due to its similar conductance to that of the BMK Deposit, as well as being only 400 metres south of the BMK Deposit directly along strike. The large size and proximity of the anomaly to the BMK Deposit may indicate a copper stockwork zone or an additional lens of massive sulphide mineralization. ii). BMK South Extension target, located south of the current extents of the defined BMK Deposit. The target area is along strike from multiple high-grade copper intercepts at the southern edge of BMK. iii). BMK North Extension target, located north of the current extents of the defined BMK Deposit. The target area is along strike from multiple high-grade copper intercepts at the northern edge of BMK Deposit. Annuncio • Dec 15
Murchison Minerals Ltd. announced that it expects to receive CAD 1.5 million in funding Murchison Minerals Ltd. announced a non brokered private placement to issue Hard Dollar units at an issue price of CAD 0.05 per unit and National flow-through units at an issue price of CAD 0.055 for the aggregate gross proceeds of CAD 1,500,000 on December 14, 2023. Each HD Unit will be comprised of one common share and one-half of a common share purchase warrant and NFT Unit will be comprised of one flow-through common share and one-half of a Warrant. Each whole Warrant shall be exercisable to acquire one additional Common Share at a price of CAD 0.08 for a period of 24 months from the date of closing of the Offering. A finder's fee may apply to a portion of the proceeds raised under the Offering in the amount of 6% cash and 6% finders' warrants. All securities issued pursuant to the Offering will be subject to a four month hold period from the date of issue. The transaction will include participation from Donald K. Johnson, will acquire a certain number of Units under the Offering to maintain his current ownership at around 30%. The Offering was approved by all independent directors of the Company. Annuncio • Nov 09
Murchison Minerals Commences Geophysical Surveys Targeting Prospective Copper Stockwork Zone At Bmk Project Murchison Minerals Commences ground geophysics program at the BMK Deposit consisting of Fixed Loop Transient Electromagnetic and Borehole Electromagnetic ("EM") surveys. Surveys are designed to assist in locating the copper-rich stockwork zone associated with zinc-rich massive sulphide zones like those found at the BMK Deposit. The objective of the surveys is to refine the CST target area in anticipation of a winter 2024 diamond drill program. The CST target is located only 400 metres south of the BMK Deposit and is of similar size and conductive strength, the target has not been previously drilled. The focus of these surveys is to provide high-resolution geophysical data to aid in the potential discovery of a copper-rich stockwork zone and additional lenses of sulphide mineralization at the BMK Deposit. the CST target is considered highly prospective and is top priority for Murchison to drill test. The large size and proximity of the anomaly to the BMK Deposit may indicate a copper stockwork zone or an additional lens of massive sulphide mineralization. This area has been identified as being highly prospective to host the potential copper stockwork zone typical of high-grade VMS deposits. The survey results will be incorporated into Murchison's targeting model in anticipation of a winter 2024 drill program at BMK Project. Annuncio • Sep 01
Murchison Minerals Ltd. Concludes Summer Exploration Program at HPM Project Murchison Minerals Ltd. announced that the Company and the Innu Takuaikan Uashat mak Mani-utenam (ITUM) - the Innu Government of the Innu First Nation of Uashat mak Mani-utenam, located near Sept-Îles, have committed to near term engagement /negotiation discussions pertaining to Murchison's high-grade Nickel-Copper-Cobalt project, called HPM. In support of these upcoming discussions, both ITUM and the Company have agreed to develop a terms of reference framework which is intended to streamline negotiations. The Company respects the rights of First Nations Peoples and views this upcoming process as an important milestone for the HPM Project and Murchison Minerals. At the request of ITUM, during the negotiation process the Company will suspend its current exploration activities. The Company would like to thank the Government of Quebec and ITUM for the work and recent discussions, which have culminated in this process. Murchison is confident that a mutually beneficial solution is possible and looks forward to discussions. HPM Project, History, and Development: At the HPM Project, the Company is focused on discovery and development of nickel-bearing magmatic sulphide systems which host economic concentrations of nickel-copper-cobalt. These deposits are typically high-grade with a small footprint (hundreds of metres). The HPM Project is well placed with existing advanced infrastructure such as heavy rail with access to deep ports and hydro-electric power within kilometres of the main project area. The HPM Project, which hosts the high-grade Nickel-Copper-Cobalt Barre de Fer (BDF) Zone and numerous other critical mineral showings was first discovered and worked on in 1999, by Falconbridge Canada. Murchison has been involved in the HPM project since 2007. Although, the HPM Project is only at the early stages of exploration, non-invasive prospecting, and geophysics, along with minimally invasive diamond drilling have demonstrated the strong exploration potential of HPM. During the Company's 2022 Summer exploration program, diamond drilling at the BDF Zone intersected significant nickel-bearing sulphide mineralization, highlighted by BDF22-002 which intersected 121.2 metres of 1.02% Ni, 0.56% Cu, and 0.07% Co. The BDF Zone has a current strike length of 370 m, width of 200 m and mineralization down to a depth of 475 m. The zone remains open and unconstrained. The Company has further identified the BDF Trend, a 5 km long trend which contains numerous showings of nickel-bearing sulphide mineralization at or near surface. During the winter of 2023 the Company undertook a wide-ranging data analysis which further identified 34 high-priority targets for follow-up prospecting. Annuncio • Aug 17
Murchison Minerals Ltd Commences Summer Exploration Program at HPM Nickel-Copper-Cobalt Project Murchison Minerals Ltd. announced the commencement of its 2023 summer exploration program at its 100%-owned Ni-Cu-Co HPM Project in Quebec. The program is two pronged with both prospecting on high-priority anomalies, and a deep penetrating ground electromagnetic (EM) survey being conducted. The prospecting component of the summer exploration program will identify additional targets with nickel-bearing sulphide mineralization on or near surface, adding de-risked high-priority targets. The ground EM component will target nickel bearing sulphide mineralization at depth within the BDF Zone and the Syrah target. Anomalies identified during prospecting and the SQUID survey will be used to prioritize exploration and expansion targets, respectively, during future diamond drill programs at the HPM Project. During the winter of 2023, Murchison's technical team with the assistance of Dr. Peter Lightfoot, completed a detailed review of all relevant structural, geochemical and geophysical data collected at the HPM Project. The review identified 34 high-priority targets (Figure 1) for follow-up testing with prospecting crews. All geophysical anomalies present on the property were classified using multiple criteria which included conductive strength, magnetic correlation, interpreted depth, lack of historic exploration, and rock type, if available. Prospecting has proven effective at discovering high-grade nickel-copper-cobalt mineralization at the HPM project. The BDF Zone along with additional nickel-bearing sulphide showings were first discovered via prospecting commencing in 1999. The newly identified targets share similar geophysical characteristics with those previous discoveries. Murchison's helicopter supported prospecting campaign consists of two teams of two. The teams will utilize a "Beep Mat" which is a geophysical tool that is dragged along surface by an operator, which can locate nickel-bearing sulphide mineralization (a conductor) at depths of up to 5 metres. Once the operator identifies the source of the anomaly on surface, the outcrop or boulder is sampled using a backpack drill. Discovery Geophysics out of Saskatoon, Saskatchewan is contracted to complete a ground EM survey over key areas on the highly prospective BDF trend. The survey will utilize a low temperature (liquid helium cooled) super conductor technology called Jessy Deep SQUID. The Jessy Deep SQUID system is considered to be the most sensitive currently in use and Discovery Geophysics has exclusive rights to the technology in North America. This type of EM system is an ideal survey type to identify so called "super conductors" which are electromagnetic anomalies that are too conductive to be effectively measured and identified by airborne EM systems. This super conductive phenomenon is typical in many of the worlds magmatic nickel mining camps such as Voisey's Bay or Sudbury. The recent geophysical modelling at the BDF zone from borehole EM data demonstrates that this zone is indeed super conductive such as last year's intercept in hole two which intercepted 121.2 metres of 1.02% Ni, 0.56% Cu, and 0.07% Co (BDF22-002, see release dated November 29, 2022). Murchison strongly suspects a similar super conductor is being observed at the Syrah target and this geophysical survey will be critical for drill targeting. Annuncio • Jul 28
Murchison Minerals Ltd. announced that it has received CAD 1.5 million in funding On July 27, 2023, Murchison Minerals Ltd. closed the transaction. The company amended the terms of the transaction. The company issued issued 9,000,000 Hard Dollar units at a price of CAD 0.06 per HD Unit, 11,500,715 Quebec flow-through units at a price of CAD 0.07 per QFT unit and 2,383,850 National flow-through units at a price of CAD 0.065 per NFT unit for aggregate gross proceeds of CAD 1,500,000.3 in the transaction. The transaction is subject to final acceptance of the TSX Venture Exchange. The company paid finder’s fees of CAD 57,004.82 and 636,994 finder’s warrants. All finder’s warrant issued are subject to a four-month hold period until November 27th, 2023, in accordance with applicable securities laws. Annuncio • Jun 28
Murchison Minerals Ltd. Announces 2023 Exploration Plans Murchison Minerals Ltd. announced exploration plans for 2023. The Company will commence with a diamond drill program at its 100%-owned Zn-Cu-Pb-Ag-Au Volcanogenic Massive Sulphide (VMS) BMK Project in Saskatchewan. The focus at BMK is aimed at the discovery of a copper-rich stockwork zone at the BMK deposit, and the potential discovery of additional VMS style deposits along the 37 km prospective BMK Trend. The exploration program at BMK will kick off in mid-July and run through to September. The Company has decided to re-sequence the BMK project over its 100%-owned Ni-Cu-Co HPM project until this fall due to the ongoing wildfire situation affecting Quebec. Murchison intends to commence a drill campaign at the highly prospective BMK VMS project. The project hosts the high-grade polymetallic massive sulphide Brabant-McKenzie deposit with a current NI 43-101 resource estimate of 2.1 Mt indicated at 0.69% Cu, 7.08% Zn, 0.49% Pb, 39.6 g/t Ag, 0.23 g/t Au and 7.6 Mt of inferred at 0.57% Cu, 4.46% Zn, 0.19% Pb, 18.42 g/t Ag, and 0.1 g/t Au. The deposit remains open along strike and at depth, and notably is missing a copper stockwork zone which is typical of high-grade VMS deposits -locating this zone is the primary objective of the 2023 exploration program. There are several notable areas on the periphery of the deposit that contain significant copper intercepts such as hole BM18-011 drilled in 2018 which intersected 9.77 meters at 1.12% Cu. The Company believes these intersections in an area that remains open and untested are a good vector towards the copper rich stock works zone of the deposit. Recent reinterpretation of a 2017 Heli-SAM data (hybrid ground/airborne electromagnetic survey) has highlighted two target areas. The geophysical data suggests the deposit continues to significant depth past the current drill defined area. The Heli-SAM data also highlights a prospective deep EM target 400 meters south of the deposit at approximately 700 meters depth. This target titled CST is considered highly prospective and is top priority for Murchison to drill test as it on the same horizon as the deposit. The large size and close proximity of the anomaly to the deposit which may indicate a copper stockwork zone or an additional lens of massive sulphide mineralization. The Company will also be focusing its efforts at the T2T target which contains an isolated highly conductive and magnetic geophysical anomaly that remains unexplained. The T2T geophysical conductor was located during a 2018 ground EM survey and was tested with 1 hole in 2020 which did not intersect the conductor. Subsequent borehole EM survey interpretation has located a strong off-hole anomaly. Relogging of the 2020 T2T drill core identifies the core to have similar stratigraphy to the BMK deposit as well containing VMS style alteration. Due to the strength and large size of the EM anomaly at T2T this target is considered highly prospective as it could contain a significant body of massive sulphide mineralization. Due to the recent and ongoing wildfire situation in Quebec, the Company has decided to re-sequence its exploration plans, commencing with BMK rather than HPM. The high-grade Ni-Cu-Co HPM project will continue to be a priority for the Company with ongoing planning for a combined geophysics, prospecting, and diamond drilling program, slated to begin this fall. The exploration program at HPM will focus on de-risking of future drill targets through prospecting while the diamond drilling portion will look to expand the Barre de Fer Zone (BDF) while also evaluating the nickel-bearing sulphide showings along the BDF trend, including the Syrah target. Annuncio • Jun 08
Murchison Minerals Ltd. Provides an Update on the Bmk Zinc-Copper-Silver-Lead-Gold Project Murchison Minerals Ltd. announced that it has appointed renowned volcanogenic massive sulfide (VMS) deposits expert Dr. Stephen Piercey as technical advisor for the 100% owned Brabant-McKenzie (BMK) project located in Saskatchewan, Canada. Based on the work Dr. Piercey and Murchison's technical team completed this Spring the Company believes that the BMK Deposit area is prospective to host a copper-rich stockwork zone, similar in style to Foran Mining's Mcllvenna Bay Project. Additionally, Murchison's technical team has identified a 37 km trend (BMK Trend) which has numerous showings of VMS mineralization, leading to the high potential of discovering further VMS deposits along strike of the BMK Deposit. Accordingly, Murchison has staked an additional 75 km2 of mineral claims encompassing the entire BMK Trend. Accordingly, Murchison have staked an additional 75 km 2 of claims along strike of the BMK deposit. Accordingly, Murchison is staking an additional 75 km2 of claims encompassing the entireBMK Trend.BMK Deposit resource estimate is based on a NI 43-101 dated September 4, 2018. prepared by Finley Baker Consulting, Campbell River, BC, and Murchison Minerals Ltd. Dr. Stephen Piercey: Dr. Piercey has conducted extensive research and field work, internationally and across Canada, focusing on VMS deposits and their origins. Dr. Piercey is University Research Professor in the Department of Earth Sciences at Memorial University as well as a part-time consultant with SJPGeoConsulting out of St. John's, NFLD. He is a previous winner of the Lindgren Medal (SEG), W.H. Gross Medal (MDD-GAC), Howard Street Robinson Medal (MDD-G AC), Hutchison Medal (GAC), and the Duncan Derry Medal (MDD-Gac). Presently, Dr. Piercey is the President of the Society of Economic Geologist, is a Professional Geoscientist (PGeo) in Newfoundland and Labrador, Ontario, and Saskatchewan, and was awarded Fellow of Geoscientists Canada for his contributions to the geoscience profession in Canada. During the Spring of 2023 Murchison Minerals, with the assistance of Dr. Piercey, completed the systematic relogging and sampling of historic drill core at the BMK Deposit, as well as at the regional targets called Main Lake, Betty, T2T and TOM2. The work has successfully identified the BMK Deposit as a felsic volcaniclastic-type of VMS deposit, which is similar to those in the past-producing, high tonnage Bathurst VMS Mining Camp in New Brunswick. These sediment-rich VMS environments host some of the highest tonnage VMS deposits globally. The Bathurst-type VMS deposits typically have abundant zinc-rich sulfides that are underlain by a copper-rich stockwork "feeder" zones. It is inferred that one may exist proximal to the BMK Deposit or within the region. A top priority for the Company is locating the copper-rich zone at the BMK Deposit. Annuncio • Feb 08
Murchison Minerals Ltd. Intersects 277.3 Metres of Nickel-Bearing Sulphide Mineralization at the Syrah Target and Confirms Grades of 5.01% NiEq or 16.25% CuEq at the Lac Paradis Prospect Murchison Minerals Ltd. announced assay results from the diamond drillholes completed at the Syrah Target as part of the 2022 Summer Exploration Program on the 100% - owned HPM (Haut-Plateau de la Manicouagan) Project, located in Quebec. At the Syrah Target - which lies approximately 300 m to the northwest of the Barre de Fer (BDF) Zone - Nickel-Copper-Cobalt mineralization has been traced on surface over a 775 m strike length. These drillhole results confirm the presence of extensive disseminated nickel-bearing sulphide mineralization extending to depth. Murchison is confident the disseminated mineralization intersected in its first drill program is a key vectoring tool towards discovery of more massive to semi-massive mineralization within the target area to the south. Additionally, the Company announced backpack drill results from the initial prospecting program confirming the presence high-grade nickel-copper-cobalt on surface at it's 100% owned Lac Paradis Prospect. Lac Paradis Prospect is located approximately 120 km southwest of the HPM Project area and was initially acquired by the Company in January of 2022. During the Summer 2022 Exploration Program a fence of three diamond drillholes were completed at the Syrah Target. The drillholes were spaced approximately 75 to 125 m apart, testing an area proximal to mineralization intersected in hole HPM-08-14 -completed in 2008, returning grades of 0.18% Ni Eq. (0.12% Ni, 0.09% Cu, 0.02% Co) over 15.62 m. To date, sulphide mineralization at Syrah has consisted of broad disseminated zones of pyrrhotite and chalcopyrite, with lessor amounts of pentlandite, hosted within a gabbronorite. Half-metre intervals of semi-massive sulphide mineralization were intersected in SYR22-001 and SYR22-002. These broad zones of nickel-bearing sulphide mineralization confirm the presence of a magmatic sulphide system, which may have the same source as the high-grade BDF Zone. Future exploration work will be focused on the southern extents of the anomaly. Surface mineralization at Syrah was mapped using a beep mat, with the best prospecting results discovered in the southern most extents of the Syrah target -the best grab sample results returned grades of 0.74% NiEq. (0.58% Ni, 0.24% Cu, 0.05% Co). Murchison conducted an extensive prospecting program on the HPM project during the 2022 summer exploration program. As part of this program, the technical team completed reconnaissance prospecting at its Lac Paradis Prospect, at a previously identified showing. The Lac Paradis Prospect is located at the south end of Lac Manicouagan, approximately 17 km north of the Manic-5 Hydroelectric Dam, and 120 km southwest of the HPM property. The Lac Paradis Prospect was staked by Murchison in January of 2022. Nickel mineralization was discovered by prospecting in 2003 along a forestry road, the mineralization contains grades of 2.9% Cu and 5.26% Ni in grab samples in disseminated to semi-massive sulphide patches in meta-pyroxenite associated with leucogabbro and olivine-bearing ultramafic dyke. Four shallow BQ holes were drilled in 2006 totaling 217.34 m, with no samples collected and no notable mineralization intersected. The lack of exploration paired with the high-grade nature and presence of ultramafic magmatism (Figure 3) make the Lac Paradis highly prospective. Murchison will complete more extensive prospecting in future programs utilizing a beep mat to attempt to locate additional mineralization associated with the ultramafic intrusions. Annuncio • Jan 18
Murchison Releases Assays for Remaining Holes Drilled At Barre De Fer Zone, Confirms High-Grade Near Surface Nickel-Copper-Cobalt Sulphide Mineralization Murchison Minerals Ltd. announced assay results for the remaining eight diamond drillholes, from the Barre de Fer ("BDF") Zone, drilled as part of the 2022 Summer Exploration Program on the 100% - owned HPM (Haut-Plateau de la Manicouagan) Project, located in Quebec. The drillholes from today's release successfully expanded mineralization down dip as well as along strike to the north and south of the Barre de Fer (BDF) Zone. The results confirm the previously released pXRF results and further demonstrate that the BDF Zone remains open and unconstrained, along strike, and at depth. Future drilling will continue to focus on systematically expanding and delineating the BDF Zone. During the 2022 summer exploration program at HPM, a total of 13 diamond drillholes were completed, comprising 4,316 metres. This includes 1) drill holes at BDF, and an additional 3 holes at Syrah. The pXRF results for the ten holes drilled at BDF were previously released and lab assays have now been released for all drilling completed at BDF. release of lab assay results as well as the previously released assay results from BDF22-001 & 002 validate the rigorous Direct Rock Sampling (DRS) Portable X-Ray Fluorescence (pXRF) process that the Company developed in advance of the 2022 Summer Exploration Program. The DRS process allowed the Company to produce near laboratory quality results in the field. In turn, this process enabled the Company to model zones of mineralization in real time, creating a dynamic exploration process which was unaffected by laboratory delays faced by many industry peers. Murchison expects to release the assay results from the remaining 3 drillholes completed at the Syrah target once results have been finalized and interpreted. The mineralization observed at BDF occurs predominantly as two different types: i) Meter to multi-metre intervals of massive and brecciated sulphide within zones of stringer and disseminated sulphide mineralization, hosted in gabbronorite and peridotite, ii) Disseminated sulphide with lesser stringer to net sulphide, over broad intervals, hosted within a gabbronorite. The sulphide mineralization consists of pyrrhotite with granular pentlandite and stringer chalcopyrite, or as chalcopyrite loops with pentlandite within massive pyrrhotite.