MURCHISON MINERALS LTD. SUCCESSFULLY IDENTIFIES SURFACE SULPHIDE MINERALIZATION OVER A STRIKE LENGTH OF AT LEAST 1.7 KM AT THE PYC TARGET ON ITS 100% OWNED HPM PROJECT
June 29, 2021 (Toronto, Ontario): Murchison Minerals Ltd. (“Murchison” or the “Company”) (TSXV: MUR) is pleased to announce that Murchison field geologists have recently identified significant sulphide mineralization on surface at Murchison’s PYC showing over a strike length in excess of 1.7 km. This initial work indicates that PYC is highly prospective for potentially economic low-grade but high-tonnage of semimassive Ni-Cu-Co-bearing sulphide mineralization. It is located approximately 8 km from existing power and rail infrastructure. Prior to completion of this field program, PYC had only been tested with two short drill holes in 2001 and 2009.
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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.