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Murchison Minerals Ltd.

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Summary

Project:

Brabant-McKenzie

Deposit:Brabant-McKenzie
Location:Canada
Commodities:Copper-Lead-Silver
Date:6/25/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:25-6-2018: Murchison Minerals Ltd. announces an Exploration/Drilling Update report for its Brabant-McKenzie deposit at the Brabant-McKenzie project. Drilling results incl. 6.37m @ 12.53% Zn, 0.71% Cu, 0.18% Pb, 42.03g/t Ag from 497.40m. June 25, 2018 (Tor
Resources:(Resource, Ind.): 1.5Mt @ 7.46% Zn, 0.70% Cu, 0.39% Pb, 31.2g/t Ag, 0.2g/t Au at project
CP/QP:[Overall Report]: Finley Bakker (Finley Bakker Consulting)
ABSTRACT:June 25, 2018 (Toronto, Ontario): Murchison Minerals Ltd. (the “Company”) (MUR‐TSXV) is pleased to announce the results of its 19 hole ‐ 9,004 metre 2018 winter diamond drilling program (the “Program”) on its Brabant‐McKenzie Zinc‐ Copper‐Silver deposit (the “Deposit”), located in North Central Saskatchewan. The Program was designed to test the robustness and predictability of the geological model in determining mineralization outside the known limits of the Deposit’s previously reported resource estimate of 1.5 million indicated tonnes grading 7.46% zinc, 0.70% copper and 4.5 million inferred tonnes grading 5.99% zinc and 0.62% copper as outlined in the technical report filed on SEDAR, dated March 13, 2018 (the “Technical Report”). The Program focused on testing the peripheral edges and infill drilling in areas of missing information identified within the Deposit in order to potentially expand the tonnage of the current inferred resource and, where possible, infill and upgrade inferred resources to the indicated category. The Program was also designed to, where possible, identify and test possible higher grade areas of the Deposit including a newly identified polymetallic zone located stratigraphically above the main mineralized zones. The Program was based on down hole geophysics and the new geological model and utilized 3 drill pads (A, B and C) established in the 2017 drill program (Figure 1). Volcanogenic massive sulphide (VMS) style zinc‐copper mineralization was intersected in all diamond drills holes with the exception of hole BM18‐001A which was abandoned at 61 metres due to excessive deviation (Table 1 and 2).

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