NEWS
Copper   Precious Metals  

Murchison Minerals triples land holdings in Saskatchewan

Murchison Minerals (TSXV: MUR) Minerals 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.

News No: 3230
Date: 2019/01/11 - 06:54
News Source: MINING.COM

Murchison Minerals  Saskatchewan  copper  silver  Brabant VMS project 

Comments:

Leave a Comment:

   
   
   
 

Polish Audit Office blasts KGHM acquisition of Chilean copper mine

Poland’s Supreme Audit Office (NIK) has lambasted state-controlled miner KGHM (WSE:KGH) for buying Sierra Gorda copper mine in northern Chile, saying that company has spent more than PLN 19.6 billion (about $5.2B) managing the operation and the ore processing plant in the last three years.
 

The Production Program of 2018-2019 Implemented

Me-Metals – Saad Abdi – Planning and Observation Manager of National Iranian Copper Industries Co. (NICICO) said: With maximum production, execution of developmental plans, localization and making use of the experiences of the predecessors at the four main axes of the copper company, we have been able to implement the production program of 1397 - the solar year - (equal to half of 2018 and half of 2019).
 

Newcrest grabs majority stake in Canadian copper-gold mine

Australia’s largest gold producer, Newcrest Mining, (ASX: NCM) is acquiring a 70% joint-venture interest in Imperial Metals’ (TSX: III) Red Chris copper and gold mine, located in British Columbia, Canada, as part of an ongoing push by the world’s top bullion miners to get even bigger.
 

Peru's gold, copper exports down

Peru's Ministry of Foreign Trade and Tourism reported this week that exports dropped by 7.4% in January 2019 when compared to the same month of the previous year.
 

Tianqi Lithium to name three directors to SQM board next month

China’s Tianqi Lithium, the world’s No.3 producer of the metal used in electric vehicle batteries, will appoint three members to the board of Chile’s Chemical and Mining Society (SQM), as it recently acquired almost a quarter of the company.
 

Copper price: Chinese concentrate imports hit monthly record

The price of copper slid back again on Friday after trade data showed a plunge in Chinese imports of refined metal, even as concentrate shipments set fresh highs.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners