Murchison Minerals

Highlights Dr. Stephen J. Piercey, VMS expert, completed a lithogeochemical study of host rocks at the Company's BMK VMS Deposit and associated regional VMS targets situated on the 37 km long BMK Trend (Figure 1). » Mehr auf accesswire.com

Nickel spot prices were significantly higher the last month. Nickel market news - US & UK prohibit import of Russian-origin aluminum, copper, and nickel. The U.S. Loans Program Office has added supply/production of critical minerals to the list. Nickel company news - Ardea, Sumitomo Metal Mining (SMM) and Mitsubishi Corporation [MC] to form a JV to develop the Kalgoorlie Nickel Project (KNP) – Goongarrie Hub. » Mehr auf seekingalpha.com

The 2024 Winter Diamond Drill Program successfully expanded VMS mineralization at the BMK Deposit, demonstrating the Deposit remains open and highly prospective for further expansion and discovery of an associated copper stockwork zone The Program comprised four diamond drill holes totaling 2,712 metres Four target areas, designed as a first pass across BMK Deposit and proximal anomalies were tested: BMK Extension (three targets): one hole each at BMK North and South designed to test along strike from the BMK Deposit, and one hole at BMK Deep which tested below the known extents of the BMK Deposit CST, a HeliSAM target, which lies 400 m along strike to the southwest of the BMK Deposit BMK North and South Extension Targets - drilling expanded the footprint of mineralization along strike from BMK, highlighted by: BMK24-002 intersected mineralization 100 m to the northwest of the Deposit's current footprint, intersecting grades up to 1.96% copper, with a higher copper to zinc ratio indicative of copper stockwork mineralization. BMK Deep Extension Target - drilling successfully intersected mineralization at depth below the known extents of the BMK Deposit, highlighted by: BMK24-003 intersecting 2.78 m of 1.04% CuEq. » Mehr auf accesswire.com