Murchison Minerals Ltd. News Release Murchison Initiates Drilling ON 12 High Priority Targets at Brabant Lake, Saskatchewan
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MURCHISON MINERALS LTD. NEWS RELEASE
MURCHISON INITIATES DRILLING ON 12 HIGH PRIORITY TARGETS
AT BRABANT LAKE, SASKATCHEWAN
January 13, 2020 (Toronto, Ontario): Murchison Minerals Ltd. (“Murchison” or the “Company”) (TSXV: MUR) is
pleased to announce it is initiating a diamond drilling program on its 430 km 2 Brabant-McKenzie project land
package where previous airborne geophysical surveys identified numerous strong electromagnetic ( “EM”)
conductors. Thirty of these EM conductors were ground prospected in 2019 with 12 conductors selected as high
priority targets to be drilled with 14 drill holes starting in late January 2020.
In addition , the C ompany identi fied an additional 20 EM conductors on the claims recently staked b y the
Company following the evaluation of historic airborne geophysical survey data. These conductors will be subject
to further ground prospecting in the summer of 2020.
Murchison’s land holdings already host the Brabant-McKenzie VMS deposit with a 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
• Inferred -7.6 million tonnes at 4.45% zinc, 0.57% copper, 0.19% lead, 18.40 g/t silver
The Brabant-McKenzie VMS deposit geophysical characteristics consist of moderate to strong magnetic high with
a coincident moderately strong conductor. A report titled “MURCHISON MINERALS LTD BRABANT-MCKENZIE
PROJECT PROPOSED PRIORITY DRILL TARGETS ” has been posted on Murchison’s website
(www.murchisonminerals.com) highlighting the geophysical characteristics of 10 priority drill targets (see Table
1) that have geophysical and geological similarities to the Brabant-McKenzie VMS deposit.
Targets 1, 13, 14, 8, 6 and 4 are interpreted to be located with in the same geological horizon as the Brabant -
McKenzie VMS deposit. Target 1 is located im mediately south of the Brabant -McKenzie VMS deposit. A recent
backpack drill hole intersected strong zinc mineralisation at shallow depth (see September 30 th, 2019 press
release). The remaining targets are located east of the interpreted deposit horizon.
Figure 1 below presents the targets with the VTEM TMI (Total Magnetic Intensity). Figure 2 presents the targets
with the VTEM early time EM channel 20 Z component. Figure 3 presents the targets with the VTEM late time
EM channel 45 Z component. The Brabant-McKenzie deposit is shown in the northern portion of the figures with
coincident magnetic and EM anomalies. EM channels 20 and 45 are presented to show that lower conductivity
features tend to disappear in the late time channel.
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MURCHISON MINERALS LTD. NEWS RELEASE
Table 1. Proposed Priority Drill Targets.
Number Name Ranking DDH-X DDH-Y DDH-Z DDH-Az DDH-Dip DDH-Length m
1 Brabant-McKenzie South 10 580329 6220408 382 115 50 350
14 Main 10 574757 6212448 412 100 60 250
8 Tom2-A 9 575960 6215320 407 105 60 300
6 T2T-A 8 577369 6215890 379 110 60 400
16 McIvor 2 8 578932 6210248 366 135 50 100
4 Min Showing T2T-B 7 578136 6216657 372 90 90 25
4 Min Showing T2T-LP4 7 578514 6217605 363 110 60 400
11 Pete's Point South 7 578353 6214112 369 115 50 100
29 Bra3-A&B 7 577978 6214709 390 125 50 300
29 Bra3-A 7 578130 6214606 377 140 50 100
29 Bra3-B 7 577978 6214709 390 125 50 100
13 Main West 7 574289 6212541 410 140 50 175
15
McIvor Channel
T15_L1920-1940B 7 579278 6211980 380 80 70 75
15
McIvor Channel
T15_L1990-2000 7 578853 6211457 366 120 55 150
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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., John Shmyr,
P. Geo and Martin St -Pierre, P. Geoph., qualified persons as defined by National Instrument 43 -101. Mr.
Salmabadi, Mr. Shmyr 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 430 km2 and extending over 57 kilometres of strike length over
favourable geological horizons, multiple known mineralized showings, and identified geophysical conductors.
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MURCHISON MINERALS LTD. NEWS RELEASE
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 64.7 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 de pendence
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 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.