Murchison Minerals Ltd. today announces that the VTEM airborne geophysical survey has commenced following promising recent prospecting results on its 100% owned HPM Ni-Cu-Co project in Quebec. The Geotech VTEM 655-line kilometre survey over the HPM property will be flown with a 100-line spacing. Murchison has also commissioned a satellite remote sensing study to detect alteration signatures on the property which, when [...]
Murchison Minerals Ltd. is pleased to announce it has located a large, highly prospective, off-hole borehole geophysical anomaly at its newly acquired Betty Zone target located approximately one kilometre northeast of the Brabant-McKenzie Deposit . Two holes, BZ21-001 and BZ21-002, were recently drilled during the 2021 winter drill program at the Betty Zone and were later surveyed by a borehole electromagnetic survey at [...]
Murchison Minerals Ltd. is pleased to announce the 2021 winter drill program assay results for the first three drill holes, BM21-002, BM21-003 and BM21-004, all from the Brabant-McKenzie VMS Deposit. BM21-002 and BM21-003 were designed to test the northern extents of the deposit, and BM21-004 was designed to convert Inferred Mineral Resources to Indicated Mineral Resources while simultaneously collecting material for [...]
Murchison Minerals Ltd. is pleased to announce that further to its press release dated February 26, 2021, the Company has closed the non-brokered private placement as detailed below. The Company issued 10,000,000 units at a price of $0.08 per Unit for gross proceeds of $800,000. Proceeds from the Private Placement will be used by the Company for exploration, working capital and for other general and administrative costs [...]
Murchison Minerals Ltd. announces a further increase of the non-brokered private placement to $800,000 . The Private Placement is subject to all regulatory approvals with the net proceeds directed towards exploration, working capital and for other general and administrative costs. The Company now proposes to issue up to 10,000,000 units at a price of $0.08 per Unit. Each Unit will consist of one common share of the [...]
Murchison Minerals Ltd. announces the increase of the non-brokered private placement to $700,000 . The Private Placement is subject to all regulatory approvals with the net proceeds directed towards exploration, working capital and for other general and administrative costs. The Company now proposes to issue up to 8,750,000 units at a price of $0.08 per Unit. Each Unit will consist of one common share of the Company and [...]
Murchison Minerals Ltd. today announces that, subject to all regulatory approvals, it intends to raise up to $500,000 in a non-brokered private placement , with the net proceeds directed towards exploration and administrative expenses. The Company proposes to issue up to 6,250,000 units at a price of $0.08 per Unit. Each Unit will consist of one common share of the Company and one-half of one Common Share purchase [...]
Murchison Minerals Ltd. is pleased to announce that it has commenced its 2021 winter drill program at its flagship Brabant Lake Project which hosts the Brabant-McKenzie VMS Deposit. The 4,000-metre drill program is designed to: Further define the resource at the southern and northernmost extent of the Brabant-McKenzie VMS Deposit ; Collect sample material from within the deposit for initial metallurgical testing ; Follow [...]
Murchison Minerals Ltd. is pleased to announce that further to its press release dated December 12, 2020, the Company has closed an oversubscribed non-brokered private placement through the issuance of 15,986,889 common shares of the Company issued on a flow?through basis at a price of $0.095 per FT Share for gross proceeds of $1,518,754. The FT Shares qualify as a "flow-through share" for purposes of the Income Tax Act [...]
Murchison Minerals Ltd. today announced that, subject to all regulatory approvals, it intends to raise up to $1.5 million in non-brokered flow-through private placement , with the net proceeds directed towards drilling on the Brabant McKenzie deposit and on the 10 reconnaissance targets highlighted in the last press release. The Company proposes to issue up to 15,789,474 flow?through shares at a price of $0.095 per FT [...]
Murchison Minerals Ltd. is pleased to provide the results generated by the recently completed airborne magnetic survey which covers the entirety of the HPM project. Prospectair Geosurveys Inc. of Gatineau, Quebec completed the 1,440-line kilometre survey with a 50 m line spacing. The 2020 airborne magnetic survey of the HPM property provides high-resolution detail of geological and structural features which will aid in [...]
Murchison Minerals Ltd. announces that it proposes to complete a non-brokered private placement of up to $400,000 as detailed below. The proceeds will be used for exploration at its HPM property in Quebec. The Company proposes to issue up to 4,210,526 flow-through common shares at a price of $0.095 per FT Share. The FT Shares will qualify as a "flow-through share" for purposes of the Income Tax Act and Quebec Tax Act. A [...]
