More gold for Murgor

The remaining seven holes of the first-phase drill program on the Barry Twp. property in northwestern Quebec have intersected gold mineralization. This raises to 11 the number of intersections reported by Murgor Resources (VSE).

Hole 95-4 cut 8.5 ft. which averaged 0.16 oz. per ton; 95-6 intersected 14.4 ft. which averaged 0.12 oz.; and 95-7 hit 14.1 ft. which averaged 0.19 oz. Hole 95-5 cut spotty values ranging from 0.03 to 0.15 oz. at downhole depths of between 71.2 and 213.3 ft.

Holes 95-8 to 95-10 hit values ranging from 0.05 to 0.07 oz. over widths of 6.6 to 15.1 ft. One interval, from hole 95-10, included an intercept that ran 0.2 oz. over 2 ft.

The pyrite-bearing, iron carbonate, quartz-albite alteration zone now has a drill-tested strike length of 985 ft. and remains open along strike and at depth.

The structure varies in width from 88 to 192 ft., and isolated gold values ranging from 0.03 to 0.09 oz. were encountered across its entire width, in all 10 holes.

Murgor intends to re-assay the core to determine whether there was any nugget effect.

The company will drill an additional 6-10 holes to test for extensions of the zone and for other induced-polarization targets.

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