Murchison Minerals Ltd. News Release Murchison Acquires 5 New Claim Blocks at Brabant Lake, Saskatchewan
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MURCHISON MINERALS LTD. NEWS RELEASE
MURCHISON ACQUIRES 5 NEW CLAIM BLOCKS
AT BRABANT LAKE, SASKATCHEWAN
November 27, 2019 (Toronto, Ontario): Murchison Minerals Ltd. (“Murchison” or the “Company”) (TSXV: MUR) is
pleased to announce it has acquired an additional 5,083 hectares (50.8 km2) of mineral claims in five blocks located
northeast of the existing Brabant Lake project in northern Saskatchewan.
These five claim blocks are located relatively close to Highway 102, and were staked based on 3 criteria:
1) The presence of EM conductors
2) The presence of coincident magnetic high trends
3) Located within similar geology that hosts the Brabant‐McKenzie VMS deposit
These anomalies were identified from a 1,480 line km VTEM surve y completed in April/May 2012, which is similar
to Murchison’s 2011 VTEM survey that covered the Brabant‐McKenzie deposit. This survey data is publicly available
in government files. The conduc tors range in length from 500 me tres to over 4 kilometres. This VTEM survey also
o u t l i n e d a s i g n i f i c a n t E M c o n d u c t o r o n l a n d s a l r e a d y s t a k e d b y Murchison (south of Henry 2). The areas are
dominantly underlain by garnetiferous biotite gneisses and volc anic rocks similar to the Brabant‐McKenzie VMS
deposit. The comparable host rock packages to the Deposit, prox imity to the highway and favorable geophysics
make these claims highly prospective.
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MURCHISON MINERALS LTD. NEWS RELEASE
Murchison currently has one VMS orebody which remains open to e xpansion and twelve high‐priority targets
which are scheduled to be drilled this coming winter. The addit i o n o f f i v e n e w p r o s p e c t i v e c l a i m b l o c k s
significantly enhances the Company’s land holdings.
The selection of these claims relied on VTEM data and a high quality Geological Survey of Canada geological map
Open File 4288. VTEM conductors with magnetic coincidence that showed similar geology to the Brabant‐
McKenzie VMS deposit were identified and selected. Henry 1‐3‐4 ‐5 are completely covered by the geological
map, whereas Henry 2 is partially covered. However, geophysical characteristics of Henry 2 are positive.
Henry 1 is located immediately to the west of highway 102. It consists of a 4 km long conductive zone which is
magnetically active and shows favourable geology. It has received limited historical exploration.
Henry 2 consists of a very large and magnetically complex conductive zone approximately 14 km long that is
approximately 8 km east of Highway 102. A significant portion of the southern zone is already contained within
previously staked Murchison claims. The geological information is limited, however zones of active magnetic
coincident with conductors are included in the Henry 2 claims.
Henry 3, 4 and 5 consist of isolated conductive zones ranging from 1.4 to 2.8 km long that show complex magnetic
activity and favourable geology and are all within 3.5 km east of Highway 102. For Henry 5, the magnetic data
conflicts with the geological interpretation and indicates a more favourable magnetic environment.
The Brabant‐McKenzie VMS deposit has an NI 43‐101 resources of:
Indicated – 2.1 million tonnes at 7.08% zinc, 0.69% copper, 0.49% lead, 39.60 g/t silver or 9.98% zinc equivalent
Inferred – 7.6 million tonnes at 4.45% zinc, 0.57% copper, 0.19% lead, 18.40 g/t silver or 6.29% zinc equivalent
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MURCHISON MINERALS LTD. NEWS RELEASE
Qualifying Statement
The foregoing scientific and technical disclosures have been re viewed by Ehsan Salmabadi, P. Geo., and Martin
St‐Pierre, P. Geoph., qualified persons as defined by National Instrument 43‐101. Mr. Salmabadi and Mr. St‐Pierre
are independent consultants to Murchison and the Brabant Lake project.
About the Brabant Lake Project
The Brabant Lake project is located 175 kilometres northeast of La Ronge, Saskatchewan and approximately three
kilometres from the community of Brabant Lake. The area is accessed year‐round via provincial Highway 102 and
i s s e r v i c e d b y g r i d p o w e r . T h e p r o j e c t c o n s i s t s o f o n e m i n i n g lease, which hosts the Brabant‐McKenzie VMS
deposit, and additional mineral claims totalling 366 square kil ometres, which cover over 40 kilometres of strike
length over favourable geological horizons, multiple known mineralized showings and identified geophysical
conductors.
About Murchison Minerals Ltd. (TSXV: MUR)
Murchison is a Canadian‐based exploration company focused on th e exploration and development of the 100%
owned Brabant Lake zinc‐copper‐silver project in north‐central Saskatchewan. The Company also has a 100%
interest in the HPM nickel‐copper‐cobalt project in Quebec. Mur chison currently has 48.4 million shares issued
and outstanding.
Additional information about Murchison and its exploration projects can be found on the Company’s website at
www.murchisonminerals.com. For further information, please contact:
Jean‐Charles (JC) Potvin, President and CEO
Erik H Martin, CFO
Tel: (416) 350‐3776
Forward‐Looking Information
Certain information set forth in this news release may contain forward‐looking information that involves substantial known and unknown
risks and uncertainties. This forward‐looking information is su bject to numerous risks and uncertainties, certain of which are beyond the
control of the Company, including, but not limited to, the impa ct of general economic conditions, industry conditions, and dep endence
upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered
reasonable at the time of preparation, may prove to be imprecis e and, as such, undue reliance should not be placed on forward‐ looking
information. The parties undertake no obligation to update forward‐looking information except as otherwise may be required by applicable
securities law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.