Murchison Minerals Ltd. today announced that, subject to all regulatory approvals, it intends to raise $4,000,000 in a non-brokered private placement , with the net proceeds directed towards drilling at the HPM nickel/copper/cobalt property in Eastern Quebec, working capital and administrative expenses. Jean-Charles Potvin, President and CEO: "With the excellent exploration results received from the HPM reconnaissance [...]
Murchison Minerals Ltd. is pleased to announce the final assay results from its June prospecting program at the 100%-owned 138 km2 HPM property in Quebec. The assay results confirm the presence of surface nickel-copper-cobalt mineralization at the Syrah and 4048 targets, in addition to PYC and the newly discovered Dix and SVT showings. The results from the prospecting program are considered a major success and indicate a [...]
Murchison Minerals Ltd. is pleased to announce that it has received assay results from its June prospecting program at the PYC target area on the 100%-owned HPM property in Quebec. These results, shown in Figure 1, confirm widespread nickel-copper-cobalt surface mineralization across the entirety of the traced 1.7 km strike length of sulphide mineralization . The results are from grab samples and short backpack drill core [...]
Murchison Minerals Ltd. is pleased to announce the results from preliminary metallurgical testing on core samples collected from its 100%-owned Brabant-McKenzie Zn-Cu-Ag Deposit located in north-central Saskatchewan, Canada. The results indicate that a simple flotation test using a coarse grind with a rougher and scavenger circuit was able to upgrade the zinc grade from 9.13% to 27% with a 98% recovery. A further 4-stage [...]
Murchison Minerals Ltd. is pleased to welcome Mr. Cory Belyk as a new strategic advisor to its Board of Directors. Mr. Belyk has earned his reputation as a seasoned uranium geologist with nearly 30 years of experience involving grassroots, brownfield and advanced exploration, mining operations, project evaluation, business development, and domestic and international executive roles. His track record includes a significant [...]
Murchison Minerals Ltd. is pleased to announce that Murchison field geologists have recently identified significant sulphide mineralization on surface at Murchison's PYC showing over a strike length in excess of 1.7 km . This initial work indicates that PYC is highly prospective for potentially economic low-grade but high-tonnage of semi-massive Ni-Cu-Co-bearing sulphide mineralization. It is located approximately 8 km [...]
Murchison Minerals Ltd. is pleased to announce that it has secured QB Diamond Drilling Ltd. of Creighton, Saskatchewan to conduct diamond drilling at the newly-defined Betty Zone borehole geophysical anomaly. The 600 metre program will consist of two diamond drill holes targeting the Betty Zone and will commence in July of 2021. Only two holes were selected for the program at this time to fit within existing drill permit [...]
Murchison Minerals Ltd. is pleased to announce that a preliminary review of the recently completed VTEM-Plus helicopter electromagnetic survey data has identified many new highly-prospective geophysical anomalies at its Haut Plateau de la Manicouagan project in northern Quebec. The analysis was completed by Condor Consulting, Inc. on the 655 line-kilometre airborne survey that was carried out in April of 2021. Condor [...]
Murchison Minerals Ltd. is proud to announce that it has promoted John Shmyr as Vice-President Exploration of the Company. John has been Murchison's key geologist consultant for the past few years and was the ideal candidate for the position now that the exploration activities will be covering Brabant Lake in Saskatchewan and HPM and Barraute in Quebec. John is a professional geologist with 10 years of experience in [...]
Murchison Minerals Ltd. is pleased to announce that it has added a new director, Ms. Jacqueline Leroux, to its Board of Directors. A metallurgical engineer, Ms. Jacqueline Leroux has built a successful career in the Canadian mining industry that spans more than 28 years, having worked for several renowned mining companies including Blackrock Metals, Mason Graphite and Goldcorp, specializing in environmental compliance [...]
Murchison Minerals Ltd. announces that further to its press release on May 6, 2021 regarding the entering into of an option agreement with Gestion Aline Leclerc Inc. granting Murchison an option to earn 100% interest in 75 mineral claims covering 2,377 hectares , it has entered into an amended option agreement with the Optionor whereby the parties agreed to: in the event the Company wishes to satisfy up to $400,000 in [...]
Murchison Minerals Ltd. announces that it has entered into an agreement with Gestion Aline Leclerc Inc. granting Murchison an option to earn 100% interest in 75 mineral claims covering 2,377 hectares , by making payments totaling $500,000 and property expenditures of $1,000,000 over a 6-year period. The Agreement is subject to Regulatory Approval. The first payment of $20,000 is due in 12 months from the effective date of [...]
