CompanyMurchison Minerals Ltd. ("Murchison" or the "Company") is a public Canadian company listed on the Canadian Stock Exchange. Murchison Minerals Ltd. is the result of the reverse takeover of Manicouagan Minerals Inc. by Flemish Gold Corp. in June 2014. For details of the transaction please view the company's news release dated June 11, 2014. Murchison has no debt and 20.7 million shares outstanding. The Company consolidated its shares as announced in news release of July 29, 2016.
Murchison has a diverse portfolio of projects and properties in Saskatchewan, Québec and Ontario giving it exposure to zinc, nickel, copper and gold. Murchison is focused on the exploration and development its two high-grade base metal projects - Brabant-McKenzie and HPM - located in favourable and high ranking mining jurisdictions-Saskatchewan and Québec, respectively.
The Brabant-McKenzie zinc-copper project, in north central Saskatchewan, is wholly owned by Murchison and has a NI-43-101 Indicated and Inferred resource with expansion and exploration potential. The project has excellent road, power, water and community infrastructure.
Murchison has a 50% interest in and is the operator of the HPM nickel project. The other 50% is held by joint venture partner Pure Nickel Inc. (TSX-V:NIC). HPM has high-grade drill intercepts, is open to drill and deposit expansion. The project is accessible by road and rail.
Murchison holds a significant land position both wholly owned and in joint venture with White Metals Resources Corp. (TSX-V:WHM), covering approximately 734 hectares in the Pickle Lake gold area of north-western Ontario.
Murchison has a strong, experienced management team and Board of Directors with a focused approach to fundamental exploration.