Murchison Minerals Ltd. News Release Murchison Identifies 12 Priority Drill Targets at Brabant Lake, Saskatchewan
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MURCHISON MINERALS LTD. NEWS RELEASE
MURCHISON IDENTIFIES
12 PRIORITY DRILL TARGETS AT BRABANT LAKE, SASKATCHEWAN
October 28, 2019 (Toronto, Ontario): Murchison Minerals Ltd. (“Murchison” or the “Company”) (TSXV: MUR) is
pleased to announce it has identified twelve (12) priority drill targets as a result of its exploration and prospecting
activities completed over the past twelve months at Brabant Lake, Saskatchewan. Murchison currently has one
VMS orebody which remains open to expansion and now twelve additional high-priority drill targets. In addition,
the second half of the 324-km2 land package held by Murchison has yet to be systematically explored.
A total of 30 distinct EM/Mag conductors were identified by the VTEM airborne survey completed in January
2019. Twelve targets, all of which have similarities to the Brabant -McKenzie VMS deposit (the “Deposit”), were
identified as priority drill targets . Six (6) of those are found along a 12 km -long trend interpreted as being the
same geological horizon that hosts the Brabant-McKenzie deposit.
The selection of these priority targets is based on ground and airborne geophysical and geological data and
ground prospecting results. A thirteen (13)-hole, 3,600-metre drill program is proposed to test these targets. The
location of these targets is shown on Figures 1, 2, 3, 4, 5 and 6.
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
Table 1. Priority Drill Targets
1 Brabant-McKenzie South
2 Min Showing North
3 T2T-A
4 Tom2
5 Tom Copper
6 Brabant South
7 Main
8 Main West
9 Bra3
10 Pete’s Point South
11 McIvor Channel
12 McIvor2
Additional technical information and detailed description of these targets is posted on our website:
www.murchisonminerals.com under our asset section. Here is the link to the Drill Targets Geophysical
Description
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MURCHISON MINERALS LTD. NEWS RELEASE
Figure 1. Brabant Lake Project – High Priority Exploration Drill Targets
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Figure 2. Brabant Lake Project – VTEM Airborne Survey – Colour Image of TMI with High Priority Target Locations
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Figure 3. Brabant Lake Project – VTEM Airborne Survey – Colour Image of EM Channel 45 Z with High Priority Target
Locations
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Figure 4. Brabant Lake Project – Colour Image of EM Channel 10 with High Priority Drill Targets
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Figure 5. Brabant Lake Project – 2020 Proposed Drill Locations
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MURCHISON MINERALS LTD. NEWS RELEASE
Qualifying Statement
The foregoing scientific and technical disclosures have been reviewed 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
is serviced by grid power. The project consists of one mining lease, which hosts the Brabant -McKenzie VMS
deposit, and additional mineral claims totalling 324 square kilometres, which cover approximately 38 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 the 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. Murchison 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 subject to numerous risks and uncertainties, certain of which are beyond the
control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, and dependence
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 imprecise and, as such, undue re liance 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.