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Murchison Minerals Confirms Extensive High-Grade Nickel Sulphide Mineralization at the HPM Property with Assays Returning 121.2 metre Interval at 1.36% NiEq. (or 4.07% CuEq.) - Including 21.0 metre at 3.21% NiEq. (or 9.59% CuEq.)
BURLINGTON, ON / ACCESSWIRE / November 29, 2022 / Murchison Minerals Ltd. ("Murchison" or the "...
About this update from Murchison Minerals Ltd
[{"type":"text","content":"Murchison Minerals Confirms Extensive High-Grade Nickel Sulphide Mineralization at the HPM Property with Assays Returning 121.2 metre Interval at 1.36% NiEq. (or 4.07% CuEq.) – Including 21.0 metre at 3.21% NiEq. (or 9.59% CuEq.)BURLINGTON, ON / ACCESSWIRE / November 29, 2022 / Murchison Minerals Ltd. (\"Murchison\" or the \"Company\") (TSXV:MUR)(OTCQB:MURMF) is pleased to announce assay results from BDF22-002, the second 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.BDF22-002 HighlightsThe hole was drilled to a depth of 452 m and intersected two broad zones of Ni-Cu-Co sulphide bearing mineralization totalling 175.15 m of composite thickness (Table 1) including:121.20 m grading 1.36% NiEq. or 4.07% CuEq. (123.80 to 245.0 m)Including 10.10 m at 2.78% NiEq. or 8.31% CuEq. (134.1 to 144.20 m)Including 21.00 m at 3.21% NiEq. or 9.59% CuEq. (152.5 to 173.5 m)Including 10.50 m at 1.76% NiEq. or 5.27% CuEq. (207.5 to 218.0 m)Best drillhole intersection to date on the HPM Property, drilled 120 m along strike to the north of HPM-08-003, the previous best hole which intersected 52.15 m grading 2.04% NiEq. (1.52% Ni, 0.79% Cu, 0.08% Co starting at 74.45m)The hole successfully confirmed mineralization approximately 85 m downdip from DH-151-02 and approximately 55 m up dip of DH-151-05EXThe bulk of the mineralization was intersected outside of the previously modelled zone (Figure 1 & 2)Results continue to show a strong correlation between previously released pXRF results and lab assays (Table 2)Table 1: BDF22-002 Assay ResultsHole From (m)To (m)Length* (m)Ni %Cu %Co %NiEq. %**CuEq. %**BDF22-002 123.8245121.201.020.560.071.364.07Includes134.1144.210.102.081.170.142.788.31Includes15219644.001.580.710.112.056.14Including152180.828.802.210.990.152.868.55Including152.5173.521.002.451.220.163.219.59Including177.05180.83.752.850.570.193.4510.30Includes207.521810.501.300.800.091.765....