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 [...]
Targets selected from EM conductors associated with deep weathering Murchison Minerals Ltd. today announced that it has identified 10 high-priority drill targets on its Brabant Lake VMS exploration project. Observations generated from extensive ground exploration over the past several years suggest that sphalerite mineralization in conjunction with pyrrhotite weathers preferentially, sometimes very rapidly, when exposed [...]
Murchison Minerals Ltd. is pleased to announce the discovery of a new zinc, silver, gold and lead mineralization at Street Lake on the Brabant Lake project in Saskatchewan. The new mineralization consists of several grab samples collected 350 metres northwest of the northernmost tip of Street Lake during the 2020 summer prospecting program. The most significant sample was collected from a zone of extremely weathered [...]
Murchison Minerals Ltd. is pleased to provide an update on the recent prospecting results on its HPM Ni-Cu-Co project in Quebec. Results of the reconnaissance sampling program completed by Orix Geoscience 2018 Inc. confirm the widespread nature of Ni-Cu-Co mineralization across the HPM project area. Grab sample assay results reach up to 0.16% cobalt, 0.499% copper and 0.526% nickel. Program Highlights Strong gossan zones [...]
Murchison Minerals Ltd. is pleased to announce the discovery of new zinc mineralization at its recently acquired May Lake claims in Saskatchewan. The zinc mineralization consists of a grab sample assaying 0.91% zinc, 0.12% copper, 0.08% nickel, and 2.6 g/t silver. The sample was collected as part of the summer prospecting program on the claims acquired to investigate a historic zinc-rich lake sediment sample in Jones Lake [...]
Murchison Minerals Ltd. is pleased to announce it has retained Orix Geoscience to complete ground prospecting on the 58 km2 HPM nickel, copper and cobalt project located east of the Manicouagan crater in eastern Quebec and contracted Prospectair Geosurveys Inc. of Gatineau, QC to complete a 1,400-line kilometre airborne magnetic survey over the entire claim block. Murchison acquired additional claims earlier this year and [...]
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