Montreal, Quebec, May 08, 2008.  Murgor Resources Inc. (MGR: TSX-V) today announced the assay results from exploration borehole HVS-08-44 at the Hudvam copper-gold-zinc-silver deposit in Manitoba.  This borehole, intersected two new massive sulphide zones at the Hudvam deposit (see press release dated March 20th, 2008).  Based on conservative visual estimates, the first zone was previously reported to be 2.33 metres wide, but returned high assay results over a width of 5.82 metres.  The assay results are as follows:


 “This is more good news from the Hudvam deposit”, said André C. Tessier, President & CEO of Murgor Resources. “In addition to the good assay results, the borehole geophysics suggests this intersection may be the tip of the iceberg for this new zone.  The new discovery shows the potential for expansion at the Hudvam deposit and lends credence to the old saying that the best place to find a new deposit is next to an existing deposit.  Murgor is looking forward to continuing its exploration of the property.” 

A borehole pulse electromagnetic geophysical survey (BHPEM), in drill hole 44, outlined a stronger conductive body deeper and to the west of this intersection.  The new anomaly and the extent of this new horizon will be tested as soon as possible.

The second intercept reported in borehole HVS-08-44 consists of a newly recognized exhalative horizon that will need to be evaluated with follow-up drilling.  Assay results from this new sulphide horizon returned anomalous values over a 5.50 metre intercept with best results returning 2.64 g/t Au, 3.80 g/t Ag, and 0.25% Cu over 0.65 metres.  Borehole geophysics also shows a stronger conductive body deeper and to the west of this intercept. 

Drill hole HVS-08-44 was the first of two exploration drill holes at the Hudvam deposit in 2008 where Murgor just completed its definition, infill, metallurgical and geotechnical drilling with a 30 drill hole program totalling 9,322 metres.  This press release supplements assay results previously released on March 11th and 22nd, 2008.  Results from drill holes HVS-08-45 to HVS-08-51 are expected within the next week. 

In February 2007, Murgor completed a NI 43-101 compliant resource estimate at Hudvam. The resource estimation doubled the historical values for copper and zinc while the gold and silver content increased by more than 145%.   The Hudvam 43-101 Inferred resource table below does NOT include the drilling completed by Murgor in 2007 and 2008 (for the full 43-101 report, please refer to SEDAR):
   

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   CUT-OFF              TONNAGE                           GRADE                                                                  CONTAINED METAL
    GRADE*                 (Tons)                Cu         Zn         Au            Ag                     Cu (lbs)            Zn (lbs)           Au (oz)          Ag (oz)                    

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2% Cu Equiv**         1,315,000      1.17%    1.71%   2.94 g/t   10.49 g/t           30,778,000       44,720,000      111,000       403,000              

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*Copper equivalent grade. **Copper equivalencies based on the following price of metals: Copper (Cu) = USD$1.10 per pound, Zinc (Zn) = USD$0.60 per pound, Gold (Au) = USD$475.00 per troy ounce, and Silver (Ag) = USD$6.00 per troy ounce.

The mineralization at Hudvam consists of solid sulphide to sulphide breccia with variable amounts of gold bearing pyrite, pyrrhotite, chalcopyrite and sphalerite.  The ore lenses trend NNE and dip steeply at 75-80 degrees towards the SE and would be amenable to long-hole mining.  An existing 312 metre long ramp at the deposit could be rehabilitated quickly for development of the deposit. 

Chemical analyses reported in this press release were performed by TSL Laboratories in Saskatoon.  Base metals were analyzed through atomic absorption spectrometry after a multi-acid digestion whereas gold was analyzed by fire assay Atomic Absorption using a 30g charge, with gravimetric finish for assays greater than 3 g/t.  Sampling and analytical procedures are subject to a comprehensive Quality Assurance and Quality Control program that includes duplicate samples, blanks and analytical standards. 

The Qualified Person in the field, as defined by NI-43-101, was Neil W. Richardson P.Geo. and Manager of Central Canada Exploration for Murgor Resources Inc.  Andre C. Tessier, P.Geo. (On), P.Eng. (Qc) and President CEO of Murgor Resources is the Qualified Person responsible for this news release. 




About the Hudvam Deposit
The Hudvam property is located approximately 47 kilometres northeast of the Town of Flin Flon in Manitoba.  Murgor is earning a 100% interest in the property from HudBay Minerals Inc. (HBM: TSX).  HudBay may exercise a 65% buyback right on the property by making cash payments, exploration expenditures and by carrying Murgor to production.  In February 2008, Murgor announced that it had satisfied its exploration expenditures to earn its 100% interest in the Hudvam property (see press release dated Feb. 26, 2008).

About Murgor
Murgor Resources Inc. is a mineral exploration company with a focus on zinc, copper and gold exploration in Canada. In late 2006, Murgor signed six agreements with HudBay Minerals, acquiring the right to earn a 100% interest in three deposits with a total NI 43-101 Inferred resource of:  8,666,000 tons of mineralization, containing 143,150,000 pounds of copper, 430,251,000 pounds of zinc, 221,000 ounces of gold and 2,526,000 ounces of silver. Murgor has also acquired from HudBay Minerals, a 50% interest in two highly prospective grassroots properties, covering more than 1,850 square kilometres adjacent to the Snow Lake and Flin Flon mining districts. The exploration target for Murgor consists of deposits in one of the most prolific greenstone belts in Canada and the world.  Murgor also benefits from its association with HudBay Minerals, one of Canada’s most successful mining companies.

                                André C. Tessier, President & CEO                  Michael Joyner, Investor Relations
                                MURGOR RESOURCES INC.                            THE EQUICOM GROUP
                                Tel: (613) 546-7503 or 1-888-891-3330          Tel: (416) 815-1700 or 1-800-385-5451 ext 275
                                Fax:  (613) 546-7318                                            Fax: (416) 815-0080
                                E-mail: info@murgor.com                                   E-mail: mjoyner@equicomgroup.com

This news release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization, resources and reserves, exploration results, and future plans and objectives of Murgor, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Murgor's expectations are exploration risks detailed herein and from time to time in the filings made by Murgor with securities regulators.