MURCHISON MINERALS CEO JEAN-CHARLES POTVIN (TSXV:MUR) (OTC: MURMF)
Channel: RICH TV LIVE
Date: 2021-10-01

MURCHISON MINERALS CEO JEAN-CHARLES POTVIN (TSXV:MUR) (OTC: MURMF) - RICH TV LIVE - October 1, 2021 - Murchison Minerals Ltd. ("Murchison" or the "Company") (TSXV:MUR) is pleased to announce the final assay results from its June prospecting program at the 100%-owned 138 km2 HPM property in Quebec. The assay results confirm the presence of surface nickel-copper-cobalt mineralization at the Syrah and 4048 targets, in addition to PYC and the newly discovered Dix (see August 16, 2021 release) and SVT showings. The results from the prospecting program are considered a major success and indicate a strong likelihood that the HPM property hosts significant nickel-copper-cobalt mineralization outside of the Barre De Fer mineralized body. The prospecting program was only 13 days in length, leaving multiple prospective geophysical anomalies unexplored. Murchison anticipates completing additional prospecting programs combined with a 3,500 m drilling program on the 1.7-km-long PYC mineralized body. #interview #murchisonminerals #richtvlive

The grab samples from the Syrah target assayed as high as 0.84% Nickel Equivalent or 1.70% Copper Equivalent (0.58% Ni, 0.24% Cu, 0.05% Co) from multiple short backpack drill holes collected at the southern point of a 600-metre-long electromagnetic conductor located using a Beep Mat. The mineralization consists of semi-massive pyrrhotite, like that of Barre de Fer and PYC, with observable chalcopyrite and inferred pentlandite that has been observed at Barre de Fer. The field crews only worked at Syrah for two days and were hindered by thick snow. The company plans to complete additional prospecting in the future to more fully define the surface mineralization. The Syrah target was discovered in 2008 with grab samples that assayed as high as 0.49% Ni, 0.40% Cu and 0.05% Co. Only one hole was drilled in 2008 at Syrah; based on recent geophysical interpretation, the 2008 hole missed the anomaly as it was drilled parallel to the geophysical target. Recent geophysical modelling by Condor Consulting Inc. indicates that both Syrah and Dix have a similar response to the nearby Barre de Fer mineralized body, which assayed as high as 1.74% Ni, 0.90% Cu and 904 ppm Co, over 43.15 metres from hole HPM-08-03. The Syrah target is located only 350 metres away from the Bar de Fer mineralized body and may represent satellite mineralization.

Grab samples collected during the June 2021 prospecting at the 4048 target assayed as high as 0.96% Nickel Equivalent or 1.94% Copper Equivalent (0.53% Ni, 0.36% Cu, 0.09% Co). The samples were collected from several large sulphide-rich angular boulders halfway up a large cliff, as well as a backpack drill hole into the cliff. The source of the mineralization appears to have originated from the side of the cliff. Historic grab samples from 4048 assayed as high as 0.83% Ni, 0.81% Cu, 0.14% Co. This area has never been drill tested and requires extensive follow up.

Murchison's CEO and President, Jean-Charles Potvin, commented "The results we are seeing from HPM continue to exceed our expectations. We are very eager to commence drilling on the HPM project as the team strongly feels that we will see exceptional results."

JOIN RICH TV LIVE TRADING CLUB HERE -  http://www.richpicksdaily.com 

Subscribe - https://www.youtube.com/c/RICHTVLIVE

Popular Uploads - https://goo.gl/tbvXGg
Most Recent Upload - https://goo.gl/unKXBy
YouTube Channel Page - https://goo.gl/yUdG7w
Rich TV Live Playlist - https://goo.gl/e116JF
RICH TV LIVE TOP 10 STOCKS Playlist - https://www.youtube.com/playlist?list=PLiBGEhbXkQPCfeYmBKHyXXu8dZc3YkkbW&disable_polymer=true

Disclaimer

RICH TV LIVE INC. company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in RICH TV LIVE reports company profiles or other investor relations materials and presentations are subject to change. RICH TV LIVE and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time. RICH TV LIVE INC. sponsored $2500 CAD for digital video services. 

Investing is inherently risky. RICH TV LIVE is not responsible for any gains or losses that result from the opinions expressed on this website, in its research reports, company profiles or in other investor relations materials or presentations that it publishes electronically or in print. 

We strongly encourage all investors to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ("SEC") at www.sec.gov/Canadian CSA https://www.securities-administrators.ca/.