Murgor announces metallurgical results at the Hudvam and Wim deposits in Manitoba

Murgor announces metallurgical results at the Hudvam and Wim deposits in Manitoba

Murgor Resources Inc. announced the results of a metallurgical study on the Company’s Hudvam and Wim deposits in Manitoba.

At the Hudvam deposit, results of the locked cycle test work are highlighted by copper recoveries averaging 89% and captured into a high-grade concentrate averaging 30% copper. Gold in the feed was recovered in the copper concentrate with recoveries averaging 56% by flotation alone. Gold grades in the copper concentrate are extremely high, averaging 51 g/tonne gold. The addition of a gravity concentrator prior to flotation increases the gold recoveries to 67.1% and additional optimization test work has been recommended to further increase gold recoveries At the Wim deposit, copper recovery was on average 92% from the feed with a final high-grade copper concentrate averaging 32.6% copper. At this time, test work is incomplete to report gold recoveries at Wim.

Murgor President and CEO Andre Tessier noted: “These results, combined with the new 43-101 resource estimates recently released by Murgor, further demonstrate that the size and quality of the resource at the Hudvam and Wim deposits continue to grow. The results show that metal recoveries at Hudvam and Wim will be comparable to those achieved by HudBay Minerals at the Flin Flon mill, while producing a higher grade copper concentrate with a very high gold content. These positive metallurgical results bring Murgor one step closer to capitalize on the high copper and gold prices and the strong world-wide demand for copper concentrate.”

Test work was conducted by G&T Metallurgical Services Ltd. of Kamloops, British Columbia, Canada. G&T is a highly reputable independent laboratory with more than 18 years experience in the field. The Hudvam and Wim metallurgical work by G&T was managed by Thomas Shouldice P.Eng, a Qualified Person under national Instrument 43-101.

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