MURCHISON MINERALS LTD - MURMF STOCK NEWS

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Murchison Minerals Ltd. (TSXV: MUR, OTCQB: MURMF) is a Canadian-based exploration company focused on the 100% owned Brabant Lake zinc-copper-silver project in north-central Saskatchewan and the HPM Project in Quebec. The company conducts nickel-copper-cobalt and VMS exploration activities. Recent highlights include the commencement and conclusion of the 2024 Winter Exploration Program at the BMK Project. The Program utilized diamond drilling to explore three target areas and identified significant VMS mineralization, indicating potential expansion of mineral resources. Moreover, a Lithogeochemical Study conducted by VMS expert, Dr. Stephen J. Piercey, revealed favorable geological settings along the 37 km BMK Trend for hosting VMS deposits. The Study confirmed the presence of VMS alteration processes and identified precious metal mineralization at the BMK Deposit, adding substantial value to future resource updates.

05/14/2024 08:00 AM

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Murchison Minerals Completes Lithogeochemical Study at the BMK Cu-Zn-Ag-Pb-Au VMS Project in Saskatchewan and Identifies New Precious Metals Zone, Assays Return Grades up to 7.17 g/t Gold, 663 g/t Silver and 4.57% Lead

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Murchison Minerals completed a lithogeochemical study at their BMK Cu-Zn-Ag-Pb-Au VMS Project in Saskatchewan. The study, conducted by VMS expert Dr. Stephen J. Piercey, confirmed the presence of typical high-tonnage VMS deposit host rocks within the BMK Trend. Notably, a new precious metals zone was identified at the BMK Deposit, with assay results showing up to 7.17 g/t gold, 663 g/t silver, and 4.57% lead over 0.5 meters. Additionally, similar mineralization was observed in other drill holes, indicating potential for further exploration. Regionally, the study verified similar lithologies at Main Lake and Betty Target, enhancing the prospectivity of the BMK Trend. Murchison plans further re-sampling to confirm the size and grade of the newly discovered gold-rich zone.

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04/29/2024 07:00 AM

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Murchison Minerals Concludes Winter Diamond Drill Program, Expands VMS Mineralization (Copper-Zinc-Silver-Lead-Gold) at BMK Deposit

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Murchison Minerals concluded its 2024 Winter Diamond Drill Program at the BMK Project, successfully expanding VMS mineralization with promising results. The Program included four diamond drill holes totaling 2,712 meters, targeting BMK Extension, CST, BMK North, and South Extension Targets. Key highlights include BMK24-002 intersecting mineralization 100m northwest of the Deposit's footprint with grades up to 1.96% copper, and BMK24-003 intersecting 2.78m of 1.04% CuEq below the known extents of the BMK Deposit. CST drilling revealed high-grade rare earth elements, with CST24-001 intersecting 7.76% TREO. The Company remains optimistic about further expansion and the potential discovery of a copper stockwork zone.

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01/22/2024 07:00 AM

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Murchison Minerals Commences Drilling at BMK Project Targeting Copper-Rich Stockwork Zone

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Murchison Minerals Ltd. announces the commencement of the 2024 Winter Exploration Program at its 100%-owned Cu-Zn-Ag-Pb-Au Volcanogenic Massive Sulphide (VMS) BMK Project in Saskatchewan. The objective is to discover the copper stockwork zone associated with the BMK Deposit, with priority targets for testing of copper-rich zones. The BMK Deposit has a 2018 NI 43-101 resource estimate of 2.1 Mt indicated at 0.69% Cu, 7.08% Zn, 0.49% Pb, 39.6 g/t Ag, 0.23 g/t Au and 7.6 Mt of inferred at 0.57% Cu, 4.46% Zn, 0.19% Pb, 18.42 g/t Ag, and 0.1 g/t Au. The 2024 Program is expected to drill 3,500 m and is anticipated to be completed by mid-March.

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12/29/2023 11:35 AM

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Murchison Minerals Closes First Tranche of $1.5M Financing

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Murchison Minerals Ltd. (MUR) has closed the first tranche of its CAD $1.5 million non-brokered private placement, issuing 9,040,000 Hard Dollar units and 10,636,500 National flow-through units to raise aggregate gross proceeds of CAD $1,037,007.50. The company plans to use the proceeds for exploration at the BMK Zn-Cu-Ag-Pb-Au VMS Project in Saskatchewan and working capital. Insiders, including the largest shareholder, participated in the private placement, and the company approved the issuance of 4,725,000 stock options to directors, officers, employees, and consultants.

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12/14/2023 01:12 PM

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Murchison Minerals Announces Non-Brokered Private Placement

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Murchison Minerals Ltd. (Murchison) (TSXV:MUR)(OTCQB:MURMF) plans to raise up to $1,500,000 in a non-brokered private placement for winter exploration activities at its 100%-owned BMK Zn-Cu-Ag project in Saskatchewan and working capital. The Offering includes Hard Dollar units at $0.05 per unit and National flow-through units at $0.055 per unit, with each unit consisting of common shares and warrants. Donald K. Johnson, a director and control person, is expected to acquire units to maintain around 30% ownership. The Offering was approved by all independent directors of the Company.

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11/08/2023 06:00 AM

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Murchison Minerals Commences Geophysical Surveys Targeting Prospective Copper Stockwork Zone at BMK Project

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Murchison Minerals Ltd. (TSXV:MUR)(OTCQB:MURMF) has announced the commencement of Fixed Loop Transient Electromagnetic (FLTEM) and Borehole Electromagnetic (BHEM) surveys at its 100%-owned Cu-Zn-Ag-Pb-Au Volcanogenic Massive Sulphide (VMS) BMK Project in Saskatchewan. The surveys aim to provide high-resolution geophysical data to aid in the potential discovery of a copper-rich stockwork zone and additional lenses of sulphide mineralization at the BMK Deposit, with the primary objective being to refine the CST target area in anticipation of a winter 2024 diamond drill program. The CST target is located only 400 metres south of the BMK Deposit and is of similar size and conductive strength, and has not been previously drilled.

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08/31/2023 08:00 AM

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Murchison Minerals Concludes Summer Exploration Program at HPM Project

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Murchison Minerals engages in negotiation discussions with Innu Government for its HPM Project, suspends exploration activities. HPM Project shows strong exploration potential with significant nickel-bearing sulphide mineralization. BDF Zone has a current strike length of 370m, width of 200m, and mineralization down to a depth of 475m. BDF Trend identified with 34 high-priority targets for follow-up prospecting.

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08/16/2023 08:00 AM

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Murchison Minerals Commences Summer Exploration Program at HPM Nickel-Copper-Cobalt Project

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Murchison Minerals Ltd. announces the commencement of its 2023 summer exploration program at its Ni-Cu-Co HPM Project in Quebec. The program includes prospecting on high-priority anomalies and a ground electromagnetic survey. The prospecting component aims to identify additional targets with nickel-bearing sulphide mineralization on or near the surface. The ground EM survey will target nickel-bearing sulphide mineralization at depth within the BDF Zone and the Syrah target.

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07/27/2023 08:30 AM

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Murchison Minerals Closes Fully Subscribed $1.5 Million Non-Brokered Private Placement

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Murchison Minerals Ltd. (TSXV:MUR)(OTCQB:MURMF) closed a CAD $1.5 million non-brokered private placement, issuing 9,000,000 HD Units, 11,500,715 QFT Units, and 2,383,850 NFT Units. The proceeds will fund exploration at the BMK Zn-Cu-Ag-Pb-Au VMS Project in Saskatchewan, the HPM nickel-copper-cobalt Project in Quebec, and working capital. Due to high interest in the HPM Project, the 2023 Summer Exploration Program will focus on de-risking the project through ground geophysics and prospecting. Insiders, including director Donald K. Johnson, participated in the placement.

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07/11/2023 07:45 AM

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Murchison Minerals Announces Non-Brokered Private Placement

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FAQ

What is the current stock price of MURCHISON MINERALS (MURMF)?

The current stock price of MURCHISON MINERALS (MURMF) is $0.0121 as of November 14, 2024.

What is the market cap of MURCHISON MINERALS (MURMF)?

The market cap of MURCHISON MINERALS (MURMF) is approximately 3.3M.

What projects is Murchison Minerals Ltd. focused on?

Murchison Minerals Ltd. is focused on the 100% owned Brabant Lake zinc-copper-silver project in north-central Saskatchewan and the HPM Project in Quebec.

What highlights were revealed in the 2024 Winter Exploration Program at BMK Project?

The program identified significant VMS mineralization, indicating potential expansion of mineral resources.

Who conducted the Lithogeochemical Study at BMK Project?

Dr. Stephen J. Piercey, a VMS expert, conducted the Study, confirming favorable geological settings for VMS deposits and discovering precious metal mineralization at the BMK Deposit.