News 31 March 2008
in response to
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Greenstone Belt - The richest in Canada per km²
Exploration & Development of zinc, copper & gold assets in Canada.
Message: MUG & NOT halted eom
Montreal, Quebec, March 31, 2008. Murgor Resources Inc. (MGR: TSX-V) today announced, jointly with Trelawney Resources Inc. (TRR: TSX-V), that Trelawney has completed a total of 3,259 metres from a 5,000 metre drilling program at the 100% Murgor owned Mishibishu property located 60 km northwest of Wawa, Ontario. So far, Trelawney has completed 15 diamond drill holes and assay results are expected within two weeks. The ongoing 5,000 metre drilling program is testing several targets identified by soil sampling, prospecting, channel sampling and/or Induced Polarization surveys. A map showing the sampled areas and geological description of the drill targets can be viewed on the Trelawney?s website at www.trelawneyresources.com/prop-Mish... . Please refer to today?s press release by Trelawney for additional technical information.
The Mishibishu Lake property straddles the Dorset property to the northwest, south and to the southeast. Trelawney has completed 92 drill holes for a total of 15,834 metres along the Dorset Zone. The Zone strikes in an east-west direction, has a minimum strike length of 750 metres and is open at depth. Trelawney recently completed a NI 43-101 compliant resource estimate on the Dorset Zone and the initial estimates are listed on Trelawney’s press release of today. The complete report can be viewed on www.sedar.com under the Trelawney company profile.
Andre C. Tessier, President and CEO of Murgor Resources Inc. said, “Murgor is very pleased with its joint venture partnership with Trelawney. The Mishibishu property continues to show excellent results. Murgor is proud to count on partners such as Trelawney, Noront, Metanor, Geodex and Teck Cominco to explore and finance its eastern Canada gold projects while the company is concentrating on its core assets in Manitoba and Saskatchewan.”
Trelawney is currently earning a 50% interest in the Mishibishu property by incurring $1.5 million in exploration expenditures, making aggregate cash payments of $200,000 and delivering 750,000 shares of Trelawney to Murgor. Trelawney can earn an additional 25% interest in the property by delivering 400,000 shares of Trelawney to Murgor and by completing a feasibility study on the property.
The Mishibishu property consists of 114 mining claim units that cover 4,560 acres in north-western Ontario, 60 kilometres west of the town of Wawa and 10 kilometres north of Lake Superior. The Property is located in the Archean Mishibishu Greenstone Belt, and covers a ten kilometre strike length of the Mishi Creek Deformation Zone and a three kilometre strike length of the Rook Lake Deformation Zone, six kilometres north of the producing Eagle River gold mine.
The technical information presented in this press release is taken directly from today’s press release by Trelawney Resources Inc. Robert Duess, P. Geo. is a "Qualified Person" as defined in National Instrument 43-101 and is responsible for the technical information presented in today’s press release for Trelawney Resources.
The Mishibishu Lake property straddles the Dorset property to the northwest, south and to the southeast. Trelawney has completed 92 drill holes for a total of 15,834 metres along the Dorset Zone. The Zone strikes in an east-west direction, has a minimum strike length of 750 metres and is open at depth. Trelawney recently completed a NI 43-101 compliant resource estimate on the Dorset Zone and the initial estimates are listed on Trelawney’s press release of today. The complete report can be viewed on www.sedar.com under the Trelawney company profile.
Andre C. Tessier, President and CEO of Murgor Resources Inc. said, “Murgor is very pleased with its joint venture partnership with Trelawney. The Mishibishu property continues to show excellent results. Murgor is proud to count on partners such as Trelawney, Noront, Metanor, Geodex and Teck Cominco to explore and finance its eastern Canada gold projects while the company is concentrating on its core assets in Manitoba and Saskatchewan.”
Trelawney is currently earning a 50% interest in the Mishibishu property by incurring $1.5 million in exploration expenditures, making aggregate cash payments of $200,000 and delivering 750,000 shares of Trelawney to Murgor. Trelawney can earn an additional 25% interest in the property by delivering 400,000 shares of Trelawney to Murgor and by completing a feasibility study on the property.
The Mishibishu property consists of 114 mining claim units that cover 4,560 acres in north-western Ontario, 60 kilometres west of the town of Wawa and 10 kilometres north of Lake Superior. The Property is located in the Archean Mishibishu Greenstone Belt, and covers a ten kilometre strike length of the Mishi Creek Deformation Zone and a three kilometre strike length of the Rook Lake Deformation Zone, six kilometres north of the producing Eagle River gold mine.
The technical information presented in this press release is taken directly from today’s press release by Trelawney Resources Inc. Robert Duess, P. Geo. is a "Qualified Person" as defined in National Instrument 43-101 and is responsible for the technical information presented in today’s press release for Trelawney Resources.
FOR FURTHER INFORMATION PLEASE VISIT MURGOR’S WEBSITE AT WWW.MURGOR.COM OR CONTACT:
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