Murchison Announces Initiation of Drill Program and Results of Geophysics Program ON the Brabant VMS Deposit, Saskatchewan
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MURCHISON MINERALS LTD. NEWS RELEA SE January 19, 2017
News Release
MURCHISON ANNOUNCES INITIATION OF DRILL PROGRAM AND RESULTS OF
GEOPHYSICS PROGRAM ON THE BRABANT VMS DEPOSIT, SASKATCHEWAN
Murchison Minerals Ltd. – January 19, 2017 (CSE – MUR) (“Murchison” or the “Company”) is pleased to report
that the Company is planning a minimum 10-‐hole, 5,000 metre diamond drilling program, to begin in February of
this year, on its wholly owned Brabant-‐McKenzie zinc–copper property located near the community of Brabant
Lake, Saskatchewan, 175 kilometres northeast of La Ronge Saskatchewan. The drill program follows the recent
completion of a five borehole electromagnetic (“BHEM”) and low-‐level helicopter borne, B Field electromagnetic
(“Heli-‐SAM”) geophysical program. The geophysics surveys successfully identified new conductors proximal to the
Brabant-‐McKenzie deposit (the “Deposit”), coincident with the Deposit extending to 1,000 metre depth as well as
two new significant electromagnetic conductors located laterally and at depth relative to the Deposit.
The Deposit is described as a high-‐grade sphalerite-‐chalcopyrite-‐pyrrhotite rich volcanogenic massive sulfide
(“VMS”) occurrence which hosts a NI 43-‐101 indicated resource of 1.6 million tonnes grading 9.2% zinc and an
inferred resource of 3.0 million tonnes grading 5.6% zinc (MPH Consulting Limited and P&E Consultants Inc.;
dated September 12, 2008, the “Technical Report”).
The drill program is based on the newly acquired BHEM and Heli-‐SAM data coupled with a new geological
interpretation of the Deposit.
The BHEM surveys focused on the periphery of the upper and lower main mineralized zones (together the “Main
Zone”) of the Deposit. The survey was successful in identifying numerous conductive electromagnetic plates that
are coincident with thicker zones of the Deposit and areas with little or no testing by previous drilling immediately
adjacent to the Main Zone.
The subsequent 120-‐line kilometre Heli-‐SAM survey was conducted over and along strike of the Deposit. The
survey was designed to detect more conductive pyrrhotite rich zones at greater depths than was previously
identified with historic airborne, ground and BHEM techniques. Interpretation of the data suggests that the
Deposit has a down dip extent of approximately 1,000 metres while historic drilling of the Deposit has identified
VMS style mineralization to a current down dip depth extent of 520 metres. Results also indicate that in addition
to the Deposit conductor, two new large discrete conductors have been identified approximately 1.5 kilometres
southwest (the “SW Conductor”) and 1.4 kilometres due south (the South Conductor”) of the Deposit. Neither
target has been drill tested. The clustering of these multiple conductive zones is encouraging, in that it is common
for several zones of stratabound mineralization to occur locally within a volcanogenic massive sulfide setting.
The SW Conductor is believed to be located within the same stratigraphic host rock as the Deposit. Modeling
indicates a strike length of 1.4 kilometres, a dip extent of 600 metres and a depth to top of 490 metres. Modeling
of the South Conductor indicates a strike length of 900 metres, a down dip extent of 300 metres and a depth to
top of 600 metres. The conductivity of the South Conductor is similar to the Main Zone. Both targets will require
additional ground geophysics follow up prior to drill testing.
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MURCHISON MINERALS LTD. NEWS RELEA SE January 19, 2017
Based on the highly encouraging geophysical results related to the Deposit in combination with previous
geophysical information and the new geological interpretation, the Company has initiated a 5,000 metres, 10-‐
hole diamond drilling program. The drill program is designed to increase tonnage and grade of the Deposit and
will focus along strike and on the down dip/plunge extensions of the Main Zone within areas of higher
conductivity.
The Company has received land and water permits for this phase of exploration and has awarded the drill
contract. The Drill Program is expected to take approximately six weeks to complete.
Qualifying Statement
Graham Gill, P.Geo. and Martin St. Pierre, P. Geo., qualified persons as defined by National Instrument 43-‐101,
were responsible for the design of the geophysical program and have approved the scientific and technical
disclosure in the news release.
About Murchison Minerals
Murchison Minerals Ltd. is a Canadian based exploration company with a diversified portfolio of properties,
including the Brabant-‐McKenzie Zinc-‐Copper deposit in north-‐central Saskatchewan, the HPM
Nickel/Copper/Cobalt project in Quebec. Murchison also holds gold claims in the Pickle Lake area of northwestern
Ontario.
Additional information about Murchison Minerals and its exploration projects can be found at
www.murchisonminerals.com.
For further information, please contact:
Kent Pearson, President and Chief Executive Officer
(416) 350-‐3776
Disclaimer
The CSE has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this
news release. The CSE has neither approved nor disapproved the contents of this news release.
All statements other than statements of historical fact, included in this release, including, without limitation,
statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of
the Company, are forward-‐looking statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that could cause actual results to differ
materially from the Company's expectations are exploration risks detailed herein and from time to time in the
filings made by the Company with securities regulators.