1.    To focus on polymetallic deposits (Copper-Zinc-Gold-Silver).
        
Despite the recent devaluation of commodities, management at Murgor believes we are in a long term bull market for gold, copper and zinc.  Through a balanced gold, copper and zinc portfolio, Murgor is ideally positioned to hedge against individual metal market volatility.
  
2.    To advance its current resources in copper-gold and zinc towards production at the Wim and Hudvam deposits in Manitoba.

The Wim copper-gold deposit sits 16 kilometers north of the Snow Lake mill and the Hudvam gold-copper-zinc deposits sits 47 kilometers NW of the Flin Flon mill.  The resource of these deposits is 43-101 compliant and largely in the indicated category.  Metallurgical testing at both deposits show excellent metal recoveries producing gold-rich, high grade copperconcentrates.  Both deposits are located close to infrastructure and close to surface, which would allow them to advance towards production rapidly, with minimum capital expenditures and a minimal environment footprint.

Murgor's short-term objective is to complete feasibility studies on the Hudvam and Wim deposits to allow for the rapid development of these deposits and position the company for when emerging markets resume their demand for metals.  Meanwhile, Murgor is developing strategic relationships with companies that have mining expertise, such as HudBay Minerals Inc., to diminish the risks and expenses associated with development and mining.

3.    To explore for Volcanogenic Massive Sulphide(VMS) polymetallic deposits in the Flin Flon greenstone belt; one of the most prolific and prospective areas in the world for exploration.

Murgor has identified the Flin Flon greenstone belt of Manitoba and Saskatchewan as one of the most prospective areas in the world for the exploration of Volcanogenic Massive Sulphide(VMS) deposits.  In 1995 a study by Franklin and the Geological Survey of Canada(GSC) demonstrated that the Flin Flon Belt has a base metal value in excess of $6M(1995 dollar value) per square kilometre; a value five times greater than that of the Abitibi belt which ranked second in Canada.

Past production and current reserves at the Flin Flon Belt exceed 200 Million tonnes of polymetallic mineralization since 1916(a total of 26 mines).

VMS deposits have a well established genetic model and typically an excellent geophysical signature.  These factors and characteristics of VMS deposits makes their exploration cheaper, much more focused and systematic,thus increasing the Company's chances at exploration success.  Furthermore, Murgor has assembled an excellent team of geologists with a wealth of experience in the exploration for these deposits.

4.    Acquire additional Gold-rich VMS deposits with well established resources to become a polymetallic producer and develop strategic partnerships.

Murgor's strategy is to acquire mineral deposits(preferably VMS deposits) with well established metal resources, upgrade these resources through focused exploration and definition, and bring the deposits to development and production either alone or with the help and expertise of a larger mining company.

5.    To explore grassroots properties in proven Canadian greenstone belts(such as the Flin Flon belt) and other politically stable areas of the world, to add to its current metal inventory.

Although Murgor is currently defining resources on three deposits with resources of 9.1 Million Metric Tonnes, the Company is continuing to explore grassroots properties in the Flin Flon Belt and in Quebec to renew and add to its current assets.
Murgor owns a 100% interest in two grassroots exploration projects covering more than 9,000 hectares in the Flin Flon belt, adjacent to existing mines of the Flin Flon and Snow Lake mining camps.

6.    To focus on organizational effectiveness and cost reduction.

A low cost structure is achieved through a stream-lined, effective and efficient administration.  This enables invested dollars to be directed to results driven exploration campaigns and maximize shareholder's investments.

7.    To conduct all of our business, exploration and production activities responsibly and in compliance with all regulations, while following the Murgor Code of Business Conduct and Ethics.

Murgor is committed to Corporate Social Responsibility (CSR) and recognizes that increased shareholder wealth is achieved through strong corporate leadership and governance.  It is through Murgor Resources commitment to CSR that it will be a leader in environmental stewardship, safeguard its societal license to operate in both domestic and international communities, enhance organizational effectiveness, reduce costs, minimize liability, and increase shareholder wealth.