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MURCHISON MINERALS LTD. Acquires New Base Metals Project in Quebec

Burlington, ON - May 6, 2021 - Murchison Minerals Ltd. (“Murchison” or the “Company”) (TSXV: MUR) announces that it has entered into an agreement (“the Agreement”) with Gestion Aline Leclerc Inc. (the “Optionor”) granting Murchison an option to earn 100% interest in 75 mineral claims covering 2,377 hectares (the “Property Package”), by making payments totalling $500,000 and property expenditures of $1,000,000 over a 6-year period. The Agreement is subject to Regulatory Approval.

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About Murchison Minerals Ltd. (TSXV: MUR)

Murchison is a Canadian-based exploration company focused on nickel-copper-cobalt exploration at the 100% – owned HPM project in Quebec and the exploration and development of the 100% – owned Brabant Lake zinc-copper-silver project in north-central Saskatchewan. The Company also holds an option to earn 100% interest in the Barraute VMS exploration project also located in Quebec, north of Val d’Or. Murchison currently has 160.1 million shares issued and outstanding.

Murchison Minerals