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Welcome to Murgor ResourcesMurgor Resources Inc. (TSX: MGR-V) is a Canadian mineral exploration company based in Kingston, Ontario with a focus on gold and copper exploration in Canada. The Corporation also has exposure to zinc and silver as significant bi-products contained in its deposits. Murgor's Golden Arrow Gold Mine Project near Timmins, Ontario.![]() On November 2nd, 2010,Murgor announced its intention to acquire up to a 70% interest on the Golden Arrow Gold Mine; a gold deposit that produced 279,000 tons @ 0.06 oz per ton (2.1 g/t) in 1981-82 by open pit, until production was halted due to falling gold prices. Murgor's Copper-Gold Projects in the Flin Flon VMS Belt in Manitoba.![]() Murgor owns a 100% interest in the Wim and Hudvam copper-gold deposits in the Flin Flon VMS Belt of Manitoba, following a strategic alliance forged in 2006 with Hudbay Minerals Inc. HudBay Minerals has a right to earn back up to 65% of the resources provided it brings the deposits to production and financially carries Murgor to production. Both Wim and Hudvam deposits are at the feasibility-stage. During the last 3 years of earn-in period, Murgor has increased the NI 43-101-compliant resource of the Wim and Hudvam deposits to a combined 4.6 million metric tonnes of copper-gold & zinc sulphide ore with a mineral inventory in excess of: 186 million lb of Copper HudBay Minerals (TSX:HBM-T), has operating mines and mills in both Flin Flon and Snow Lake and a zinc plant in Flin Flon. Metallurgical studies completed by Murgor in 2008 confirm that the ore from Hudvam and Wim can be treated at the nearby Flin Flon and Snow Lake mills with excellent recoveries, while producing a high-grade, gold-rich copper concentrate. Murgor's Other Eastern Canada Gold Projects.Murgor owns a 100% interest in the Gullrock property, located one kilometre east of Goldcorp's Campbell Red Lake property in the Red Lake Gold District of Ontario. The Gullrock property covers five kilometres of the "Mine Trend" structure, from which more than 20 million ounces of gold have been mined to date at the Campbell-Red Lake, Cochenour-Willans and the MacKenzie Gold Mines where. Murgor is actively exploring the property since early 2010. At current market capitalization, Murgor represents exceptional value. Please visit our latest presentation and fact sheet for the most current information on the exciting opportunities at Murgor. |
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