Business
Murchison Triples Land Holdings and Doubles Size of Airborne Survey at Brabant Lake
Murchison Triples Land Holdings and Doubles Size of Airborne Survey at Brabant Lake ...

About this update from Murchison Minerals Ltd
[{"type":"text","content":"\n\n\n\nMurchison Triples Land Holdings and Doubles Size of Airborne Survey at Brabant Lake\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Jan. 10, 2019\n\n\n\nTORONTO, Jan. 10, 2019 /CNW/ - Murchison Minerals Ltd. (\"Murchison\" or the \"Company\") (TSXV: MUR) is pleased to announces that it has doubled the size of the previously announced VTEM airborne survey and tripled its mineral land holdings at the Zn/Cu/Ag Brabant VMS project.\nMurchison announces that it has tripled its mineral rights holdings at its 100 percent owned Brabant VMS project in central Saskatchewan with the recent staking of 14,807 hectares of mineral claims contiguous to its current land holdings. The Company now controls 221.8 km2 of mineral rights over a strike length of approximately 29 kilometres. \nPreliminary interpretation of the ongoing VTEM airborne geophysical survey shows multiple conductors that range in strike length from 200 metres to in excess of 6 kilometres. They are located within a favourable Archaean greenstone belt geological environment that has the potential to host a prolific VMS camp. Several of these strong electromagnetic (\"EM\") conductors have coincident magnetic (\"Mag\") highs, which is the case with the Brabant McKenzie VMS deposit located within Murchison's claims. Preliminary analysis of the various conductors suggests that their depth vary from sub-cropping to in excess of 200 metres. St-Pierre Geoconsultant Inc. is reviewing results of the VTEM survey.\nAdditional claims were staked to cover a lake sediment gold anomaly located at the south end of the Company's land holdings. This anomaly was originally identified as a result of a 1975 lake sediment sampling survey undertaken by the Geological Survey of Canada. This gold anomaly appears to share similar characteristics to the lake sediment gold anomaly associated with the Seabee gold mine located about 30 kilometres to the southeast. \nVTEM Airborne Survey:\nMurchison initiated a 551 line kilometre helicopter based VTEM airborne survey including mag...