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Murchison confirms fourth drill target on Brabant-Mckenzie project in Canada

Published 09 January 2018

Murchison Minerals has identified a fourth drill target after completing a surface time domain electromagnetic (TDEM) survey over the TOM2 anomaly (TOM2) located on the Brabant-McKenzie Project during December 2017.

Results of the surface TDEM survey on the TOM2 have defined the presence of a highly conductive shallow body coincident with magnetic high amplitudes similar to the Brabant-McKenzie deposit (“Brabant-McKenzie” or the “Deposit.”) The conductivity of the TOM2 is equal to or greater than both Brabant-McKenzie and the Anomaly D target and measures approximately 400 metres by 235 metres with a shallow dip of about 23 degrees to the west.

TOM2 is located approximately 7.7 kilometres south-southwest of the Brabant-McKenzie and is readily accessible from Highway 102 approximately 5 kilometres south of the community of Brabant Lake. TOM2 appears to be part of a series of identified geophysical anomalies, including TOM6, TOM7 and the Ryan Gossan (together, the “TOM Trend”) that currently trends north over a strike of approximately 3 kilometres.

Kent Pearson, CEO commented, “In addition to Brabant-McKenzie, as well as Anomaly C and D, TOM2 now represents the fourth drill target we have defined on the Brabant-McKenzie project in the past year, and we expect to test this target during the winter 2018 drilling campaign. To date we have identified a series of significant drill and priority geophysical targets over 7.7 kilometres of the favourable geological horizon on the property. Specifically, the combination of the Brabant-McKenzie, Anomaly C, Anomaly D and TOM2 drill targets as well as Priority 3 and the TOM Trend continues to demonstrate the prospectivity of this geological trend. We will be further defining the TOM Trend and Priority 3 geophysical anomalies with the goal of drill testing them. Additionally, we will continue conducting additional ground geophysics programs on historic airborne geophysics within the trend of the favourable geological horizon. We expect to commence these programs during the 2018 drill program.”

TOM2 was selected for follow-up geophysics based on the results of a 2012 versatile time domain electromagnetic (“VTEM”) airborne survey and corresponding modelled conductor plates. Historic geochemistry rock grab samples on the original TOM showing area returned values ranging from 1.1% Cu to 3.0% Cu (Saskatchewan Minerals Deposit Index #2592). A summer 2017 surface prospecting program completed in close proximity to the modelled conductors identified sulfide mineralization in outcrop exposures hosting elevated copper geochemistry values. Resulting copper geochemistry values from two rock samples taken from the mineralized outcrops range from 0.23% Cu to 0.27% Cu and are considered anomalous relative to values obtained immediately adjacent to the mineralized outcrop.

The combination of a highly conductive body in close priority with sampled copper rich sulphide mineralization now makes the TOM2 anomaly a priority drill target and Murchison expects to test TOM2 during the 2018 winter drill program. The Company also plans a follow up ground geophysical program to further define the TOM Trend airborne geophysical anomalies during the 2018 winter drill season.



Source: Company Press Release