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Murchison Minerals Commences Inaugural Drill Program at HPM - Targeting Highly-Prospective PYC Nickel-Copper-Cobalt Prospect
BURLINGTON, ON / ACCESSWIRE / November 2, 2021 / Murchison Minerals Ltd. ("Murchison" or the...
About this update from Murchison Minerals Ltd
[{"type":"text","content":"Murchison Minerals Commences Inaugural Drill Program at HPM - Targeting Highly-Prospective PYC Nickel-Copper-Cobalt ProspectBURLINGTON, ON / ACCESSWIRE / November 2, 2021 / Murchison Minerals Ltd. (\"Murchison\" or the \"Company\") (TSXV:MUR) is pleased to announce that it has commenced drilling at its 100%-owned HPM (Haut-Plateau de la Manicouagan) project located in Quebec. The proposed drill program is designed to test the subsurface continuation of the significant nickel-copper-cobalt surface mineralization discovered at the PYC target (see Aug 16th, 2021 news release). Murchison is eager to complete the helicopter-supported drill program as the Company strongly feels that the results of the program will clearly demonstrate the large nickel-copper-cobalt tonnage potential of the project.Murchison is completing simultaneous prospecting of a number of significant geophysical anomalies that were identified on the project in the recently completed 655 line-kilometre airborne electromagnetic survey (see June 03, 2021 news release). While the program has just commenced the field teams have already successfully located significant additional surface sulphide at the Syrah target. The crews have now mapped sulphide mineralization over a strike length of approximately 370 metres (Map 2) and early analysis of the sulphide mineralization using a handheld XRF indicates the presence of nickel-copper-cobalt mineralization and assays are pending. The Syrah target is considered highly prospective as it is located approximately 350 metres away from the Barre De Fer prospect with a similar geophysical signature. Previous drilling at Barre De Fer in 2008 and 2009 intersected up to 43.15 metres grading 1.74% Ni, 0.90% Cu and 904 ppm Co (Hole HPM-08-03).President and Chief Executive Officer Troy Boisjoli comments:\"We are very excited to commence the inaugural drill program at HPM, that is designed to unlock the potential of the highly-prospective nickel-copper-cobalt mineralization at PYC. The PYC target has significant strike length paired with observed surface mineralization returning surface grades as high as 1.28% NiEq from the summer sampling. The work done to-date by Murchison's technical team provides confidence that the inaugural drill program will deliver strong drill results. In addition to the drill program, prospecting by the technic...