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Bullboard - Stock Discussion Forum Murchison Minerals Ltd V.MUR

Alternate Symbol(s):  MURMF

Murchison Minerals Ltd. is a Canadian exploration company. The Company is focused on the development of the 100%-owned Brabant-McKenzie VMS copper-zinc-silver-lead-gold deposit (the Deposit) located on the Brabant McKenzie project (BMK) in north-central Saskatchewan. Additionally, the Company also explores for nickel-copper-cobalt at the 100%-owned Haut-Plateau Manicouagan (HPM) project in... see more

TSXV:MUR - Post Discussion

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Post by Investmine60 on May 24, 2023 4:28pm

Good News

We have news: Murchison Minerals is pleased to announce it has completed a detailed review of data collected during the 2022 exploration program on the 100%-owned HPM (Haut-Plateau de la Manicouagan) Project, located in Qubec. The review culminated in the identification of the BDF Magmatic Ni-Cu-Co Trend (BDF Trend). 
 
The BDF Trend extends along a 5 km strike length to the northwest of the Barre de Fer Deposit (BDF Deposit) and contains numerous showings of nickel-bearing sulphide mineralization, and 7 high-priority target areas.
 
Additionally, Dr. Peter Lightfoot - Technical Advisor for Murchison Minerals - has reviewed whole rock geochemistry from samples taken during the 2022 exploration program and has identified the geochemical signature of the intrusive rocks that host high-grade Ni-Cu-Co mineralization at the BDF Deposit. Based on his findings, the Company has identified a significant number of high-priority targets that have a similar signature to BDF. Furthermore, the identification of the intrusive host rock has led the Company to stake an additional 313.7 km² of mineral tenements. The newly expanded claim block covers a large area of prospective mafic-ultramafic rocks identified to the east of the previous HPM claim area.
 
Highlights
• All 7 identified high priority targets correspond with nickel sulphide mineralization identified on surface 
(See Figure 1 from release linked below)
• Detailed interpretation of whole rock geochemistry has identified the key host rocks (norite & peridotite) and expanded the prospectivity of discovering new zones of nickel-bearing sulphide mineralization beyond the BDF Trend
• Company has expanded the HPM claim block to cover an additional 313.7 km² of prospective geology. The HPM Project area now totals 971.8 km² 
 
Murchison Minerals President and CEO Troy Boisjoli comments:
“HPM is an exceptional project anchored by access to mature infrastructure, including heavy rail with direct access to ports, road access and hydroelectricity all proximal to the project. High-grade near surface nickel-copper-cobalt mineralization remains completely unconstrained and open at BDF which is located at the start of a 5 km trend containing multiple analogous targets. The growth potential at BDF coupled with the discovery potential along the trend has Murchison positioned to define the next North American nickel district”. #nickel #murchisonminerals #BDF
 
Full release: https://lnkd.in/eBvGyDKJ
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