Murgor Resources Inc.

Published : March 31st, 2008

AND JOINT VENTURE PARTNER AWAIT GEOCHEMICAL RESULTS F

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Murgor

Hi 24hGold .,

MURGOR AND JOINT VENTURE PARTNER AWAIT GEOCHEMICAL RESULTS FROM FIFTEEN DRILL HOLES AT THE MISHIBISHU GOLD PROPERTY, ONTARIO

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-Mishi.htm.  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.

FOR FURTHER INFORMATION PLEASE VISIT MURGOR’S WEBSITE AT WWW.MURGOR.COM OR CONTACT:

André C. Tessier, President & CEO
MURGOR RESOURCES INC.
Tel: (613) 546-7503 or 1-888-891-3330
Fax:  (613) 546-7318
E-mail: info@murgor.com      Web site:  www.murgor.com

Or

Michael Joyner
Investor Relations - The Equicom Group
Tel: (416) 815-1700 ext. 275 or  1-800-385-5451
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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

 
 
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Murgor Resources Inc.

PRODUCER
CODE : MGR.V
ISIN : CA62660P4024
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Murgor is a zinc and copper producing company based in Canada.

Murgor holds various exploration projects in Canada.

Its main asset in production is FLIN-D in Canada and its main exploration properties are GOLDEN ARROW MINE, BARRY - URBAN (EAGLE RIVER), CLAY LAKE, NELLIGAN, BARRY - URBAN (WINDFALL), LA TREVE, MISHIBISHU, MYSTERY, FANCAMP, MOUNT PLEASANT, BARRY - URBAN (BARRY), BENOIT, HUDVAM, WIM, FON, GULLROCK PROPERTY, PREMIERE PROPERTY and ELMTREE GOLD in Canada.

Murgor is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.2 millions as of today (US$ 986 887, € 923 332).

Its stock quote reached its highest recent level on August 07, 2020 at CA$ 1.89, and its lowest recent point on March 07, 2023 at CA$ 0.01.

Murgor has 123 430 000 shares outstanding.

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Annual reports of Murgor Resources Inc.
2008 Annual Report
Financings of Murgor Resources Inc.
7/3/2009Announces the Closing of Private Placement
5/6/2008ANNOUNCES THE COMPLETION OF A $2.3 MILLION PRIVATE PLACEMENT
4/24/2008ANNOUNCES MAXIMUM $2.3 MILLION PRIVATE PLACEMENT
12/6/2007announces closing of $1.6 million private placement
Option Grants of Murgor Resources Inc.
7/15/2010Grant of 1,125,000 stock options
5/23/2008Grant of 1.239.174 stock options
Nominations of Murgor Resources Inc.
5/15/2008APPOINTS NEW VICE-P
Project news of Murgor Resources Inc.
2/10/2011(Golden Arrow Mine)INTERSECTS MORE GOLD, UNDERNEATH THE OPEN PIT AT THE GOLDEN ...
9/24/2009(Fancamp)Announces Trenching Returns at Fancamp Gol
9/17/2009(Hudvam)EARNS 100% INTEREST FROM HUDBAY AT THE WIM COPPER-GOLD AND H...
8/27/2009(Premiere Property)Murgor Resources Acquires Red Lake Gold Properties
2/12/2009(Fon) Announces Drilling at Abbott Lake, SK
9/18/2008(Hudvam)ANNOUNCES METALLURGICAL RESULTS AT THE HUDVAM AND WIM DEPOSI...
9/9/2008(Wim)'S NEW NI 43-101 RESOURCE ESTIMATE
8/30/2008(Hudvam)COMPLETES NI 43-101 RESOURCE ESTIMATE AT THE HUDVAM D
5/15/2008(Hudvam)DRILLS MORE HIGH GRADE GOLD A
5/9/2008(Hudvam)'S NEW DISCOVERY YIELDS SIGNIFICANT GRADES OVER MINEAB
4/23/2008(Hudvam)RELEASES FURTHER HIGH GRADE GOLD ASSAYS FROM THE HUDVAM COPP...
4/1/2008(Wim)DRILLING EXTENDS THE NEW UPPE
3/31/2008(Mishibishu) AND JOINT VENTURE PARTNER AWAIT GEOCHEMICAL RESULTS F
Corporate news of Murgor Resources Inc.
3/12/2015IIROC Trading Halt - MGR
3/10/2015Alexandria Minerals Acquisition of Murgor Resources Complete...
12/23/2014Alexandria Minerals Corporation to acquire Murgor Resources ...
6/3/2014acquires Wydee property in proximity to the Young Davidson G...
4/7/2014to sell royalties on Quebec properties
4/1/2014completes the sale of its remaining interest at Windfall
3/13/2014agrees to sell its remaining windfall property interest to E...
10/24/2013(Fancamp)signs option agreement with TomaGold Corporation at the Fanc...
5/27/2013Completes Sale of Benoist and Waconichi Properties for Total...
3/13/2013to sell its net smelter return royalty at the Barry 1 Proper...
2/9/2010Starts Drilling Copper-Gold Targets At the WIM-extension
1/14/2010Starts Exploration work on its Red Lake Gold properties
9/10/2009Fundamental research renews recommandation for Murgor
9/1/2009 Announces CNME Acquires 14.95% interest in
11/14/2008Announces First Closing of $403,000 Private
11/10/2008CEO Monthly Newsletter - November 2008
9/5/2008September 2008 Newsletter
6/27/2008SUMMARY OF RECENT EXPLORATION DEVELO
6/23/2008June 2008 Newsletter
6/18/2008ANNOUNCES A SIGNIFICANT SIZE
5/26/2008FUNDAMENTAL RESEARCH INITIATES COVER
5/9/2008- May 2008 Newsletter
2/7/2008February 2008 Newsletter
2/1/2008RETAINS LEADING INVESTOR RELA
1/30/2008ANNOUNCES RIGHTS OF
11/24/2007 ANNOUNCES SHARE CONSOLIDATION
11/15/2007RETAINS GOLDER ASSOCIATES FOR PRELIMINARY FEASIBILITY STUDIE...
11/6/2007 Bulletin de Novembre 2007
10/17/2007LE TROU DE FORAGE #3 DE MURGOR AU GISEMENT DE WIM
10/11/2007EXTENDS WIM COPPER-GOLD DEPOSIT
8/29/2007starts drilling at the Wim deposit in northern Manitoba
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