Welcome to the Murgor Website

Murgor Resources Inc. is a mineral exploration company based in Montreal, with a focus on Zinc, Copper and Gold exploration in Canada. The Corporation’s short to mid term exploration & development strategy is to acquire advanced, near production mineral deposits to bring them to the production stage. Meanwhile, the Corporation continues to acquire and explore highly prospective grassroots mining properties in historically prolific areas in Canada and abroad to enhance its current resources.
 
In September and October of 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:  7,798,000 metric tonnes of ore, 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 is also acquiring, from HudBay Minerals, a 50% interest in two highly prospective grassroots properties, covering more than 1,850 square kilometers adjacent to the Snow Lake and Flin Flon mining districts.

The exploration target for Murgor consists of polymetallic Volcanogenic Massive Sulfide deposits in one of the most prolific greenstone belt in Canada and the world.  Murgor also benefits from its association with HudBay Minerals, one of Canada’s most successful mining companies.

Murgor can acquire its 100% interest in the polymetallic resource with aggregate exploration expenditures of $8M over four years and its 50% interest in the two large grassroots projects with aggregate exploration expenditures of $5M over three years.  Murgor’s objective, however, is to acquire its 100% interest in the polymetallic resource by the end of 2008 by accelerating its exploration expenditures on the properties and moving on to feasibility studies.