China NonFerrous Metals Exploration Corp.. Acquires a 14.95% Interest in Murgor Resources Through an $810,000 Private Placement

. Murgor issues 8,100,000 shares at a price of $0.10 per share

Kingston, Ontario, August 31, 2009 - Murgor Resources Inc. (MGR: TSX-V) has completed its previously-announced private placement to China Nonferrous Metals Exploration Corp. ("CNME") by issuing 8,100,000 common shares to CNME at a price of $0.10 per share, for proceeds to Murgor of $810,000. As a result of the private placement, CNME now holds a 14.95% interest in Murgor Resources.

" We are very pleased with this investment by CNME ", stated Andr� Tessier, President and CEO of Murgor. " This is more than a simple investment, this is a new partnership with CNME from which Murgor should greatly benefit in the future.. We are thrilled that CNME recognizes the value of Murgor's copper-gold and zinc deposits in Canada's Flin Flon belt. We will explore ways to move these projects to the development stage as quickly as possible after Murgor makes its final payments to Hudbay Minerals Inc. for the Hudvam and Wim deposits on September 12, 2009 . "

" We are pleased to be making this initial investment in Murgor Resources ", said Mr. Nick Zeng, a CNME director, China Mining Investment Expert and Executive Director of the China Mining Association of Canada. " This is CNME's first investment in a Canadian public company and we feel that Murgor's advanced Wim and Hudvam deposits, along with its significant prospective land package, represent great development and exploration opportunities. We look forward to continuing to build our relationship with Murgor ."

Murgor will use the proceeds from the private placement primarily for working capital and corporate purposes.

The Subscription Agreement between Murgor and CNME provides that in the event that Murgor in future issues any common shares or securities convertible into common shares, CNME has the right, subject to limited exceptions, to purchase such securities on a pro rata basis, so that CNME may maintain its 14.95% interest in Murgor. Murgor and CNME have also entered into a Board Representation Agreement under which CNME has the right to designate a person to serve on Murgor's Board of Directors. Murgor expects that CNME will shortly designate a person to serve on Murgor's Board. Any person designated by CNME must be acceptable to Murgor, acting reasonably. CNME's right to subscribe for shares and its right to designate a person to sit on Murgor's Board will terminate if CNME holds less than 5% of Murgor's outstanding shares.

In connection with the private placement, Murgor also issued 486,000 common shares to one individual as a finder's fee. As a result of the private placement and finder's fee, there are 54,168,782 common shares of Murgor issued and outstanding. The shares issued to CNME and as a finder 's fee are subject to restrictions on resale until January 1, 2010.

About China Nonferrous Metals Exploration Corp.

CNME is a Canadian corporation majority-owned by Chinese shareholders including state-owned Beijing Donia Resources Co (Donia), whose mandate includes exploring for and acquiring base metal resources worldwide. The Chairman of Donia, Dr. Jingbin Wang, also serves as: Executive Director of the China Nonferrous Metals Resource Geological Survey, President of the Beijing Institute of Geology of Mineral Resources, President of Sinotex Mineral Exploration Co, Vice-President of the China Nonferrous Metals Industry Association and Assistant Director of the China Geology Association. Donia's General Manager, Mr. Side Wang, also serves as Vice-Director of the Mineral Resources Management Committee of the China Mining Association.

About Murgor Resources

Murgor Resources Inc. is a mineral exploration and development company focused on copper, zinc and gold deposits. The company is earning a 100% interest in three deposits, adjacent to the Snow Lake and Flin Flon mining districts of Manitoba, from HudBay Minerals Inc. (TSX:HBM).  Murgor is also exploring an exceptional portfolio of gold properties in proven mining districts of Canada.

The table below shows the total 43-101 compliant resource for Murgor's Hudvam, Wim and Fon deposits.

For statement of resources, see Murgor Press Releases: Feb. 20, 2007 for Fon; Aug. 28, 2008 for Hudvam and Sept. 09, 2008 for Wim.

Andre C. Tessier, P.Geo., P.Eng. and President & CEO for Murgor Resources Inc. is a Qualified Person as defined by NI-43-101 and is responsible for the technical information presented in this press release.

FOR FURTHER INFORMATION PLEASE VISIT MURGOR'S WEBSITE AT WWW.MURGOR.COM OR CONTACT:
Andr� C. Tessier, President & CEO
MURGOR RESOURCES INC.
Tel: (613) 546-7503 or 1-888-891-3330
E-mail: info@murgor.com Web site: www.murgor.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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.