HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Windfall...This is MURGORS plan according to their WEB Site
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Re: Windfall...This is MURGORS plan according to their WEB Site

in response to by
posted on Jun 04, 2009 11:39AM

Mineralization:



Two types of mineralization are present at the Windfall Property:

  • At the F-11 Zone, mineralization consists of strongly deformed and altered rhyolite and rhyolitic fragmental rocks with up to 25% disseminated, banded and stringer pyrite, associated locally with magnetite and visible gold. Grades of up to 85.80 g/t Au over 4.00 metres and 40.62 g/t Au over 5.9 meters have been encountered in channel samples whereas drilling has intersected up to 11.91 g/t Au over 17.0 meters.
  • At Zone F-17 and F-51, mineralization consists of large quartz-tourmaline-pyrite veins, locally with visible gold, hosted in a NE trending steeply north dipping brittle-ductile shear zones. Ore shoots at the F-17 Zone are plunging at approximately 10 degrees to the NE whereas ore shoots at the F-51 Zone appear to plunge at 45 degrees to the NE. The F-17 and F-51 Zones are only known from drilling with intersections such as 9.99 g/t Au over 4.00 meters, 8.89 g/t Au over 11.0 meters, 15.97 g/t Au over 7.6 meters and 44.47 g/t Au over 2.0 meters.

Status and Future Work:



Murgor is planning an extensive exploration program at Windfall in 2009 aimed at exploring, among other targets, the NE extension of the structure where Noront reported an intersection of 1,327.9 g/t Gold over 4.80 meters in late 2006. Murgor is planning a program of mechanical trenching, sampling and drilling (see map of targets).

At the Noront option, due to the free gold nature of the mineralization, a bulk sample will be necessary to determine the true grades of the F-11 and F-17 Gold Zones.

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