Delineates Additional Ni-Cu-Co Mineralization BURLINGTON, ON / ACCESSWIRE / February 9, 2022 / Murchison Minerals Ltd. ("Murchison" or the "Company")(TSXV:MUR) is pleased to announce assay results from prospecting at the Syrah Target, completed during the 2021 fall drill program on its 100%-owned HPM (Haut-Plateau de la Manicouagan) Project, located in Quebec.
Highlights
- Syrah is located just 350 metres from, and has a very similar geophysical signature to, the Barre de Fer prospect, where 43.15 metres of 2.40% Ni Equivalent* (1.74% Ni, 0.90% Cu, 0.09% Co) was intersected in the last drill-program campaign in 2008/09
- Today's results confirm Ni-Cu-Co sulphide mineralized outcrops and sub-crops over approximately a 375-metre strike length, within the footprint of an approximately 600-metre-long conductive geophysical anomaly at the Syrah Target
- Assays from outcrops returned grades as high as 0.83% Ni Equivalent* (0.58% Ni, 0.24% Cu, 0.05% Co) during the spring of 2021 (Sept 1st, 2021 Release), with newly discovered mineralization to the northeast extending the surface strike length by approximately 200 metres and assaying as high as 0.69% Ni Equivalent (0.42% Ni, 0.10% Cu, 0.08% Co)
- Syrah is considered a high-priority exploration Target, making it a high priority for drill testing during the summer 2022 program
- Remaining assays from the 2021 fall HPM exploration program are expected in the coming weeks
- The Syrah Target is only one of multiple Ni-Cu-Co prospects on the 100% owned HPM Project, which is well situated 8 km from a rail line and within 30 km of Hart-Jaune hydroelectric power generating facility