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Murchison Minerals' Recent Modelling of Barre de Fer Zone Indicates Significant Potential for Expansion of High-Grade Ni-Cu-Co Zones
BURLINGTON, ON / ACCESSWIRE / April 4, 2022 / Murchison Minerals Ltd. ("Murchison" or the "...
About this update from Murchison Minerals Ltd
[{"type":"text","content":"Murchison Minerals' Recent Modelling of Barre de Fer Zone Indicates Significant Potential for Expansion of High-Grade Ni-Cu-Co ZonesBURLINGTON, ON / ACCESSWIRE / April 4, 2022 / Murchison Minerals Ltd. (\"Murchison\" or the \"Company\") (TSXV:MUR)(OTCQB:MURMF) is pleased to announce the results from the recently completed recompilation and modelling of holes drilled at the Barre de Fer (BDF) Zone on the 100% - owned HPM (Haut-Plateau de la Manicouagan) Project, located in Quebec. Based on these results the Company is advancing a strategy to expand and delineate the BDF Zone and surrounding prospective areas during this summer's planned drill program. In support of these plans, the Company is also pleased to announce that it has awarded the summer drilling contract, on the HPM property, to Logan Drilling.The Company also wishes to invite interested parties to an Investor Webinar being hosted by CHF Capital Markets on April 12th at 2:00 EST where Troy Boisjoli - President and CEO of Murchison Minerals Ltd. - will be answering your questions on the HPM project. Questions can be submitted a head of time to: [email protected] To register copy and paste the link below in a supported browser:https://tinyurl.com/MURWebinar0422Figure 1: Barre de Fer Zone Preliminary Nickel Mineralization Model, isometric view looking NortheastFigure 2: Barre de Fer Zone Preliminary Nickel Mineralization Model, isometric view looking NorthwardBDF Zone and Hole HighlightsThe BDF Zone (the \"Zone\") is currently defined by 25 diamond drill holes with 5,564 metres of drilling completed between 2001 and 2008Based on the modelling, the Zone outcrops on surface, has a strike length of 315 m, and is composed of multiple stacked lenses over a maximum 150 m wide zone. Individual lenses have a maximum thickness of 28 m. The modelled mineralization extends to a vertical depth of 295 m. Extensive mineralization has also been intersected outside the current model, up to a vertical depth of 440 m. The Zone remains undrilled and unconstrained along strike and at depth.Modelling indicates the setting, style, and high-grade characteristics of the BDF Zone are favourable for advancing a strategy to expand and delineate the Zone and surrounding prospective areas during this summer's planned drill program.The BDF Zone is one of multiple Ni-Cu-Co prospects on the 100% - owned ...