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 [...]
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 [...]