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Murchison Acquires a New Claim Covering 11.6 Km2 at Brabant Lake, Saskatchewan
TORONTO, ON / ACCESSWIRE / February 6, 2020 / Murchison Minerals Ltd. ("Murchison" or the "C...
About this update from Murchison Minerals Ltd
[{"type":"text","content":"Murchison Acquires a New Claim Covering 11.6 Km2 at Brabant Lake, SaskatchewanTORONTO, ON / ACCESSWIRE / February 6, 2020 / Murchison Minerals Ltd. (\"Murchison\" or the \"Company\") (TSXV:MUR) is pleased to announce it has acquired, by map designation, an additional 1,156 hectares (11.56 km2) of mineral claims contiguous to the existing Brabant Lake project in northern Saskatchewan. Murchison's land position now stands at 565.6 km2. The new claim, located north of and combined with the recently acquired M-Block, cover the prospective geological unit that hosts 14 conductors identified from a 1968 government sponsored airborne electromagnetic (\"EM\") survey.This new claim plus the recent addition of 11 new highly prospective Wierzycki Lake claims (see Press Release dated February 3, 2020) covering about 123.9 km2 located on the south-west corner of the land package, significantly enhances the Company's land holdings and will be the focus of ground prospecting later this year. Meanwhile, Murchison is currently drilling 12 high-priority targets selected on the basis of the VTEM airborne survey completed in January 2019 and field prospecting last summer.Murchison currently owns the Brabant-McKenzie VMS orebody which remains open to expansion.The Brabant-McKenzie VMS deposit has an NI 43-101 resources of:Indicated - 2.1 million tonnes at 7.08% zinc, 0.69% copper, 0.49% lead, 39.60 g/t silver Inferred - 7.6 million tonnes at 4.45% zinc, 0.57% copper, 0.19% lead, 18.40 g/t silver Qualifying StatementThe foregoing scientific and technical disclosures have been reviewed by John Shmyr, P. Geo. and Martin St-Pierre, P. Geoph., qualified persons as defined by National Instrument 43-101. Mr. Shmyr and Mr. St-Pierre are independent consultants to Murchison and the Brabant Lake project.About the Brabant Lake ProjectThe Brabant Lake project is located 175 kilometres northeast of La Ronge, Saskatchewan and approximately three kilometres from the community of Brabant Lake. The area is accessed year‐round via provincial Highway 102 and is serviced by grid power. The project consists of one mining lease, which hosts the Brabant‐McKenzie VMS deposit, and additional mineral claims which totals 566 square kilometres, extending over 57 kilometres of strike length over favourable geological horizons, multiple known mineralized showings a...