CompanyMurchison Minerals Ltd. ("Murchison" or the "Company") is a public Canadian company listed on the TSX Venture Exchange ("TSXV") trading under the symbol MUR. Murchison 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 42.5 million shares outstanding.
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 high-grade zinc-copper Brabant-McKenzie project located in Saskatchewan -- the number one ranked Canadian mining jurisdiction and second globally (Fraser Institute 2017).
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 demonstrated 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 in Quebec that covers 1,942 hectares. The other 50% is held by joint venture partner Pure Nickel Inc. (TSXV:NIC). The HPM property has high-grade drill intercepts and is open to drill and deposit expansion. The project is accessible by road and rail.
Murchison holds a 100% interest in its Pickle Lake Gold project which is currently under joint venture to White Metal Resources Corp. (TSXV:WHM). The project covers 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.