The 2024 Winter Diamond Drill Program successfully expanded VMS mineralization at the BMK Deposit, demonstrating the Deposit remains open and highly prospective for further expansion and discovery of an associated copper stockwork zone The Program comprised four diamond drill holes totaling 2,712 metres Four target areas, designed as a first pass across BMK Deposit and proximal anomalies were tested: BMK Extension : one [...]
Highlights Commencement of the 2024 Winter Exploration Program consisting of diamond drilling proximal to the high-grade BMK Cu-Zn-Ag-Pb-Au VMS Deposit The Objective of the 2024 Program is the discovery of the copper stockwork zone associated with the formation of the BMK Deposit Priority targets for testing of copper rich zones are: CST, a HeliSAM target, which lies 400 m along strike to the southwest of the BMK Deposit [...]
Murchison Minerals Ltd. is pleased to announce that further to its press release dated December 14th, 2023, the Company has closed the first tranche of its CAD $1.5 million non-brokered private placement as detailed below. The Company issued 9,040,000 Hard Dollar units at a price of $0.05 per HD Unit, and 10,636,500 National flow-through units at a price of $0.055 per NFT Unit, to raise aggregate gross proceeds of CAD [...]
Murchison Minerals Ltd. is pleased to announce that, subject to all regulatory approvals, it intends to raise up to $1,500,000 in a non-brokered private placement , with the proceeds directed towards the Company's 2024 winter exploration activities at its 100%-owned BMK Zn-Cu-Ag project in Saskatchewan and working capital. . Pursuant to the Offering, the Company will issue Hard Dollar units at a price of $0.05 per HD [...]
Highlights Commences ground geophysics program at the BMK Deposit consisting of Fixed Loop Transient Electromagnetic and Borehole Electromagnetic 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 [...]
Murchison Minerals Ltd. is pleased to announce that the Company and the Innu Takuaikan Uashat mak Mani-utenam - 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 [...]
Murchison Minerals Ltd. is pleased to announce that the Company and the Innu Takuaikan Uashat mak Mani-utenam - 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 [...]
Highlights Two-pronged 2023 Summer Exploration Program designed to optimise targets at the HPM project for future drill programs, consisting of: Prospecting Ground electromagnetic survey The wide scale prospecting program will explore the majority of the 34 high-priority targets identified during the 2023 detailed data analysis, for targets similar to the BDF Zone. Targets will be refined using a "Beep Mat" and then [...]
Murchison Minerals Ltd. is pleased to announce that further to its press release dated July 11th, 2023, the Company has closed its CAD $1.5 million non-brokered private placement as detailed below. The Company issued 9,000,000 Hard Dollar units at a price of $0.06 per HD Unit, 11,500,715 Quebec flow-through units at a price of $0.07 per QFT Unit and 2,383,850 National flow-through units at a price of $0.065 per NFT Unit [...]
Murchison Minerals Ltd. is pleased to announce that, subject to all regulatory approvals, it intends to raise up to $1,500,000 in a non-brokered private placement , with the proceeds directed towards the Company's 2023 exploration activities at its 100%-owned BMK Zn-Cu-Ag project in Saskatchewan and 100%-owned HPM nickel-copper-cobalt property in Eastern Quebec as well as working capital. Pursuant to the Offering, the [...]
Highlights Commencing a diamond drilling exploration program at the BMK VMS Project in Saskatchewan, beginning mid-July Exploration at BMK will focus on locating the copper-rich stockwork zone commonly associated with zinc-rich massive sulphide zones like those found at the BMK Deposit and Foran Mining's Mcllvenna Bay Deposit Furthermore, the Company will look to discover additional VMS deposits along the prospective 37 [...]
Highlights Appoints VMS expert, Dr. Stephen Piercey, as technical advisor for BMK VMS Project. Review of the BMK Deposit indicates strong potential for a copper-rich stockwork zone . This would be similar in style to Foran Mining's Mcllvenna Bay Deposit, where a significant copper stockworks zone, associated with the zone of zinc-rich massive sulphide was discovered. VMS systems typically form in clusters, and the BMK [...]