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Murchison Minerals' Assays Return High-Grade Nickel-Copper-Cobalt in First Drillhole Including 18.05 metres Grading 1.86% Ni Equivalent or 5.0% Cu Equivalent and 69.9 m Grading 0.68 NiEq. or 1.83% CuEq.
BURLINGTON, ON / ACCESSWIRE / November 14, 2022 / Murchison Minerals Ltd. ("Murchison" or t...
About this update from Murchison Minerals Ltd
[{"type":"text","content":"Murchison Minerals' Assays Return High-Grade Nickel-Copper-Cobalt in First Drillhole Including 18.05 metres Grading 1.86% Ni Equivalent or 5.0% Cu Equivalent and 69.9 m Grading 0.68 NiEq. or 1.83% CuEq.BURLINGTON, ON / ACCESSWIRE / November 14, 2022 / Murchison Minerals Ltd. (\"Murchison\" or the \"Company\") (TSXV:MUR)(OTCQB:MURMF) is pleased to announce assay results from BDF22-001, the first diamond drillhole completed at the Barre de Fer (\"BDF\") zone, as part of the 2022 Summer Exploration Program on the 100% - owned HPM (Haut-Plateau de la Manicouagan) Project, located in Quebec. The results demonstrate the near-surface, high-grade nature of Barre de Fer, and the potential for future expansion of the zone. In advance of the maiden resource, slated to be released in Q1 of 2023, the Company will continue to release assay results from the summer drill program, as they become available.BDF22-001 HighlightsThe hole, was drilled to a depth of 404 m, intersected three broad zones of Ni-Cu-Co sulphide bearing mineralization totalling 130 m of composite thickness (Table 1) including:18.05 m estimated at 1.86% NiEq. or 5.0% CuEq. (89.95 to 108.0 m)including 8.1 m at 3.41% NiEq. or 9.16% CuEq.69.90 m estimated at 0.68% NiEq. or 1.83% CuEq. (267.0 to 336.90 m)including 16.1 m at 1.26% NiEq. or 3.38% CuEq.The hole successfully expanded mineralization outside of the preliminary model, down dip of drillhole DH-2006 (Figures 1 & 2)Results show a strong correlation between previously released pXRF results and lab assays (Table 2)Based on all available assay data the Company has received, the nickel equivalent correlation between pXRF results and lab assays is expected to remain robust for pending assaysTable 1: BDF22-001 Assay ResultsHole From (m)To (m)Interval (m)*Ni %Cu %Co %NiEq. %**CuEq. %**BDF22-001 89.9510818.051.440.440.101.865.00Includes96.510811.51.980.560.132.536.80Includes97.8105.98.12.690.690.183.419.16 122132.8510.850.290.240.030.441.18 180.51898.50.620.370.050.882.36 196.5219.222.70.230.110.020.320.85 267336.9369.930.500.230.040.681.83Includes283.4299.516.10.920.430.071.263.38Table 2: BDF22-001 NiEq. pXRF Comparison to Lab Assay ResultsHole From (m)To (m)Interval (m)*pXRF NiEq. %**Assay NiEq. %**BDF22-001 89.95108.0018.051.941.86Includes96.50108.0011.502.562.53Includes97.80105.908.103.363.41 122.00132.8510.850.410.44 180...