Vancouver, British Columbia–(Newsfile Corp. – May 3, 2022) – Couloir Capital Ltd. is pleased to announce the launch of research coverage on Murchison Minerals Ltd. MU Murf (or “Company”). The report is titled “Base Metals Explorer with Resource Base in Saskatchewan and Large-Scale Ni-Co-Cu Potential in Quebec.”
From the report: “MUR is a development company that until recently was heavily dependent on advancing resources from the Brabant-McKenzie field, but now has a much larger concession area across its two projects. This gives the company many opportunities to make additional discoveries, particularly at its HPM project where VTEM has proven effective in identifying Ni-Co-Cu sulphide mineralization, but has not yet been deployed on the major part of the project. The potential for the identification of potentially significant new deposits at HPM is therefore high, and this is in addition to some established good quality targets in the Barre de Fer and PYC 43-101 compliant resources of Brabant-McKenzie are the current cornerstone of the Company’s value and have the potential to move steadily up the value chain, risk exploration at the HPM MUR well has planned a season interesting fieldwork for HPM aimed at both generating new targets and developing the known high-grade minerals at Barre de Fer/Syrah, which may soon be at the stage of early resource estimation.
The HPM project is likely to be the focus of the Company in the short to medium term, and therefore likely value drivers, but due to its more advanced nature, the BMK project is at the heart of the current assessment. . As such, we will cover both assets in this initial report. MUR has projects at different stages of the exploration process and has a variety of upcoming catalysts and is therefore an attractive opportunity to invest in a company with a primary advanced exploration property with a compelling district scale project at HPM.
The report is accessible via the Couloir Capital portal: https://www.couloircapital.com/research-portal. Click on “Login / Register”.
About Murchison Minerals
Murchison is a Canada-based exploration company focused on nickel-copper-cobalt exploration at the 100% owned HPM project in Quebec and exploration and development at the Brabant zinc-copper-silver project Wholly owned lake in north central Saskatchewan. . The Company also holds an option allowing it to acquire a 100% interest in the Barraute VMS exploration project also located in Quebec, north of Val d’Or. Murchison currently has 170.5 million shares issued and outstanding.
About Couloir Capital Ltd.
Corridor Capital Ltd. is a research and advisory firm comprised of a team of seasoned investment professionals dedicated to delivering world-class opportunities in the natural resource exploration and development sectors as well as asset classes and real and alternative strategies.
Analyst Disclosure: The analyst and/or affiliates do not own shares of the Company.
A service agreement exists between Couloir Capital and the Company.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/122624