The deposit now has a total indicated mineral resources of 2.1 million tonnes at 7.08 percent zinc, 0.69 percent copper, 0.49 percent lead, 39.60 grams per tonne silver or 9.98 percent zinc equivalent.
Murchison Minerals (TSXV:MUR) has released results of the updated mineral resource estimate for the Brabant-McKenzie deposit located in north-central Saskatchewan.
As highlighted in the press release:
- Total indicated mineral resources of 2.1 million tonnes at 7.08 percent zinc, 0.69 percent copper, 0.49 percent lead, 39.60 grams per tonne (g/t) silver or 9.98 percent zinc equivalent
- Total inferred mineral resources of 7.6 million tonnes at 4.45 percent zinc, 0.57 percent copper, 0.19 percent lead, 18.40 g/t silver or 6.29 percent zinc equivalent
- Drilling provided significant confidence in the continuity of the mineralized zone
- New resource calculation is based on the 19 diamond drill hole program, visual inspection and re-examination of previously drilled core and ongoing review of historical drill records
- The extents of the deposit are not yet fully defined including to depth and laterally
- Based on the current geological model, further work will focus on designing next steps exploration including additional follow-up drill programs
President and CEO of Murchison, Kent Pearson said:
“Results from this program will be used to design next steps for exploration including additional drilling. We are focused on advancing the deposit to a stage which is intended to allow us to begin applying economics to it in an effort to determine its viability for development.”