Murchison Minerals expands Iron Bar area along strike; intersects massive sulphides near surface

Murchison Minerals Ltd (TSX-V:MUR, OTCQB:MURMF, TSX-V:MUR.V) said portable X-ray fluorescence (pXRF) analysis of results from its last three diamond drill holes at the Barre Zone de Fer (BDF) have further demonstrated that the zone remains open and unconstrained laterally and at depth.

The company said the drill holes successfully tested mineralization along strike north and south of the BDF zone, intersecting shallow high-grade nickel sulphide mineralization and extending the overall length of the mineralization. known to 370 meters (m).

Drill hole BDF22-010 extended mineralization approximately 45m along strike south of the BDF zone and drill hole BDF22-008 extended mineralization approximately 75m along strike the North.

READ: Murchison Minerals reports promising diamond drill hole assay results on nickel-copper-cobalt project

Based on the results to date, Murchison stated that the current dimensions of the BDF zone are mineralization at an extended depth down to 475m compared to the preliminary model at 295m; along strike, the zone of mineralization has been extended from 315m to 370m; and mineralization has been extended along the width of the mineralized zone from 150m to 200m, with individual lenses now modeled up to 48m thick, compared to 28m in the preliminary version.

Other results highlights include drill hole BDF22-010 which intersected several intervals of strong mineralization, with an intersection of 20.42m estimated at 1.27% nickel equivalent pXRF or 3.78% d pXRF copper equivalent (between 29.21 and 49.63 m), of which 4.66 m estimated at 2.93% pXRF nickel equivalent or 8.72% copper equivalent (between 41.34 m and 46, 0m).

Murchison CEO Troy Boisjoli said the results continue to show the company is only scratching the surface of its 100% owned Haut-Plateau de la Manicouagan (HPM) nickel-copper-cobalt project. in Quebec.

“When you explore a 648 km2 package land package, with advanced existing infrastructure, and you see results like these in our first program – which is why we are confident in calling HPM an emerging nickel district,” he said.

“The technical team – using a systematic geoscientific first approach – met all objectives, and the preliminary results exceeded our expectations.”

Further drilling will continue to focus on the systematic expansion and delineation of the BDF zone, Murchison said.

The company added that it intends to produce a first resource for the BDF area in early 2023.

Murchison Minerals is a Canada-based exploration company focused on nickel-copper-cobalt exploration at the 100% owned HPM project in Quebec and on the exploration and development of the zinc-copper-silver project Brabant Lake 100% owned in north‐central Saskatchewan.

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