Murchison Minerals Ltd

TSXV:MURCanadaView on OTC Pink - Current Information

Apr 29, 2024

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• Murchison Minerals Concludes Winter Diamond Drill Program, Expands VMS Mineralization (Copper-Zinc-Silver-Lead-Gold) at BMK Deposit, from 7:03AM ET on Monday Apr 29, 2024 by Accesswire

  7:03AM ET on Monday Apr 29, 2024 by Accesswire
  Companies Mentioned: MURMF

  BURLINGTON, ON / ACCESSWIRE / April 29, 2024 / Murchison Minerals Ltd. ("Murchison" or the "Company") (TSXV:MUR)(OTCQB:MURMF) is pleased to announce 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.

• Murchison Minerals Concludes Winter Diamond Drill Program, Expands VMS Mineralization (Copper-Zinc-Silver-Lead-Gold) at BMK Deposit, from 7:03AM ET on Monday Apr 29, 2024 by Dow Jones

  7:03AM ET on Monday Apr 29, 2024 by Dow Jones
  Companies Mentioned: MUR
  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 (Table 1).