American Pacific drills hit high-grade copper-zinc at Palmer as it preps for resource update
Highlight hole cut 18 metres at 1.5% copper and 5.4% zinc (4.4% copper equivalent) from 203.6 metres depth.
Murchison Minerals (TSXV: MUR) announced Thursday that it has doubled the size of the previously announced VTEM airborne survey and tripled its mineral land holdings at its 100% owned zinc/copper/silver Brabant VMS project in central Saskatchewan.
With the recent staking of 14,807 hectares of mineral claims contiguous to its current land holdings, Murchison now controls 221.8 km2 of mineral rights over a strike length of approximately 29 kilometres.
Preliminary interpretation of the ongoing VTEM airborne geophysical survey shows multiple conductors that range in strike length from 200 metres to in excess of six kilometres. They are located within a favourable Archaean greenstone belt geological environment that has the potential to host a prolific VMS camp, Murchison stated in a media release.
Additional claims were staked to cover a lake sediment gold anomaly located at the south end of the company’s land holdings. This anomaly was originally identified as a result of a 1975 lake sediment sampling survey undertaken by the Geological Survey of Canada.
This gold anomaly appears to share similar characteristics to the lake sediment gold anomaly associated with the Seabee gold mine located about 30 kilometres to the southeast, the company said.
