Kingston, Ontario – September 09th, 2009 – Murgor Resources Inc. (TSX-V: MGR) announces that, Fundamental Research Corporation renewed its BUY recommendation on Murgor Resources Inc. in a report dated September 4th 2009, authored by Fundamental Analyst Sid Rajeev and Research Associates Vincent Weber and Kevin Liu. The report is titled “Murgor Resources Inc. – Increased resource estimates; HudBay’s commitment to growth in the Flin Flon belt increases likelihood of a takeover.” Fundamental Research reissued a Buy Recommendation for Murgor Resources Inc. with a “Fair Valuation” of the company at $0.63 per share based on copper, gold and zinc prices respectively at $2.03 US$/lb, $600 US$/oz and $0.75 US$/lb. The report can be viewed on Fundamental Research’s website at www.researchfrc.com.

Fundamental Research Corporation (FRC) is an independent equity research firm providing institutional-quality fundamental research on smaller cap companies. FRC’s performance is ranked by Investars at www.investars.com. Murgor commissioned an independent research report from Fundamental Research Corp., in May 2008. FRC takes steps to maintain independence, including: not owning any shares of covered companies, not making a market or offering shares for sale of covered companies, and not having any investment banking business.

Fees are set and collected in advance. FRC utilizes analysts who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, analysts may not trade in any security under coverage. Full editorial control of all research, timing of release of the reports, and release of liability for negative reports are protected contractually. Coverage cannot be unilaterally terminated