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Murchison Minerals Intersects 277.3 Metres of Nickel-Bearing Sulphide Mineralization at the Syrah Target and Confirms Grades of 5.01% NiEq or 16.25% CuEq at the Lac Paradis Prospect
BURLINGTON, ON / ACCESSWIRE / February 7, 2023 / Murchison Minerals Ltd. ("Murchison" or the "C...
About this update from Murchison Minerals Ltd
[{"type":"text","content":"Murchison Minerals Intersects 277.3 Metres of Nickel-Bearing Sulphide Mineralization at the Syrah Target and Confirms Grades of 5.01% NiEq or 16.25% CuEq at the Lac Paradis ProspectBURLINGTON, ON / ACCESSWIRE / February 7, 2023 / Murchison Minerals Ltd. (\"Murchison\" or the \"Company\") (TSXV:MUR)(OTCQB:MURMF) is pleased to announce assay results from the diamond drillholes completed at the Syrah Target as part of the 2022 Summer Exploration Program on the 100% - owned HPM (Haut-Plateau de la Manicouagan) Project, located in Quebec. At the Syrah Target - which lies approximately 300 m to the northwest of the Barre de Fer (BDF) Zone - Nickel-Copper-Cobalt mineralization has been traced on surface over a 775 m strike length. These drillhole results confirm the presence of extensive disseminated nickel-bearing sulphide mineralization extending to depth. Murchison is confident the disseminated mineralization intersected in its first drill program is a key vectoring tool towards discovery of more massive to semi-massive mineralization within the target area to the south.Additionally, the Company is pleased to announce backpack drill results from the initial prospecting program confirming the presence high-grade nickel-copper-cobalt on surface at it's 100% owned Lac Paradis Prospect. Lac Paradis Prospect is located approximately 120 km southwest of the HPM Project area and was initially acquired by the Company in January of 2022.HighlightsSYR22-001 intersected extensive disseminated Ni-Cu-Co bearing sulphide mineralization over 277.3 m:277.3 m grading 0.22% NiEq. or 0.70% CuEq. (58.00 to 335.33 m) in SYR22-001Including 30.33 m at 0.33% NiEq. or 1.08% CuEq. (305.00 to 335.33 m)Includes 4.80 m at 0.54% NiEq. or 1.75% CuEq. (323.7 to 328.5 m)Mineralization intersected at Syrah confirms the presence of a large magmatic sulphide system but does not explain the conductive geophysical anomaly. The target remains highly prospective to host high-grade nickel-bearing sulphide mineralizationAt the Lac Paradis Prospect, the backpack drill results are highly prospective confirming high-grade Ni-Cu-Co sulphide mineralization:1.55 m backpack drill core grading 1.43% NiEq. or 4.65% CuEq.Including 0.37m grading 5.01% NiEq. or 16.25% CuEq. (0.00 to 0.37 m)1.40 m backpack drill core grading 2.11% NiEq. or 6.84% CuEq.Including 0.46 m at 4.06% NiEq. or 1...