2009-09-24 11:44 ET - News Release

Mr. Andre C. Tessier reports

MURGOR TRENCHING RETURNS 10.40 G/T GOLD OVER 4.30 METERS AT THE FANCAMP GOLD PROPERTY IN NORTHWESTERN QUEBEC

Murgor Resources Inc. has provided assay results from a mechanical trenching and geochemical sampling program at its 100-per-cent-owned Fancamp gold property in northwestern Quebec.

The program was carried-out in August of 2009 and consisted of five large trenches which uncovered a wide, NE-trending, gold-bearing deformation corridor believed to be the Fancamp deformation zone or a possible subsidiary structure. Two of the trenches returned high-grade gold mineralization over mineable widths.

The Northeast trench uncovered two parallel, NE-trending gold-bearing structures, located 15 metres apart, and traced for over 35 metres along strike. The West structure is a new discovery whereas the East structure uncovered the south extension of a previously known gold occurrence where channel sampling had previously returned assays of up to 9.3 grams per tonne (g/t) Au over 8.2 metres. The South trench exposed a similar structure located 325 metres to the southwest and on strike with the Northeast trench.

Channel samples were collected across the general trend of the shear zone or across the fold hinges.

West structure:

• 10.40 g/t Au over 4.30 metres;

• 5.21 g/t Au over 5.60 metres;

• 18.03 g/t Au over 1.60 meters;

• 5.75 g/t Au over 0.90 metre.

East structure:

• 6.69 g/t Au over 1.40 metres;

• 13.05 g/t Au over 0.80 metre.

South trench:

• 18.90 g/t Au over one metre;

• 7.67 g/t Au over one metre;

• 5.71 g/t Au over 0.98 metre.

The gold mineralization is hosted in northeast-trending, high-strain zones that have been folded within the deformation corridor. Higher gold grades are typically encountered within the hinges of the folds. Gold occurs in foliation-parallel quartz-carbonate veins with visible gold. Gold also occurs in the pyritic wallrocks of the veins.

"It is the first time the folds have been mapped and recognized as an important structural control to the gold mineralization in the area," said Andre Tessier, president and chief executive officer of Murgor Resources. "This new understanding will help us to better target our future exploration. In fact, a detailed interpretation of a ground magnetic survey data has already identified a number of similar targets on the property."

Murgor is embarking on a follow-up exploration program immediately at Fancamp. A detailed helicopter-borne magnetic/VLF survey was completed last week and follow-up exploration work will include a reinterpretation of the magnetic data to confirm the new targets on the property and may lead to additional mechanical trenching and a diamond drilling program.

About the Fancamp property

The 100-per-cent-Murgor-owned Fancamp property covers 43 claims (1,712 hectares) located approximately 55 kilometres south of the town of Chibougamau in northwestern Quebec.

The property covers a six-kilometre strike length of the Fancamp deformation zone which is host to the Chevrier gold deposit (1.1 million tonnes at 6.4 g/t Au and 230 million tonnes at 0.3 g/t Au), five kilometers northeast of the Fancamp property.

In the mid-1980s, trenching, diamond drilling and limited underground development by Murgor yielded results such as: 10.6 g/t Au over 12.2 metres channel sample, 9.3 g/t Au over 8.2 metres channel sample and 4.60 g/t Au over 3.05 metres drill core.

Murgor returned to the Fancamp property in 2004 after a 16-year exploration hiatus, following a change in management.

We seek Safe Harbor.