- Located in northeast Saskatchewan approximately 170 km north-east of La Ronge
- Excellent Infrastructure
- Maintained road on the property – Saskatchewan HWY 102
- Existing power-lines running through project site
- Project area lies within an active and historic mining jurisdiction
- Community of Brabant Lake adjacent to the project area
- Entire 627 km2 land package covered with modern VTEM surveys; highly-prospective for VMS deposits, as well as gold.
Murchison Minerals Projects
BMK | VMS Deposit | Saskatchewan
BMK | 100% OWNED
VMS Project
CAMP SCALE POTENTIAL
1. GEOLOGIC SETTING:
Similar geological environment as Flin Flon, Lalor Lake, Lynn Lake and Snow Lake Deposits. Contains the BMK deposit which is a metamorphosed sedimentary hosted volcanogenic massive sulphide deposit within the under-explored Kisseynew metasedimentary belt associated with the La Ronge metavolcanics.
2. PROPERTY SCALE EXPLORATION:
Claims cover extensive area of similar stratigraphy that hosts the BMK deposit. Claim area has now been covered with modern electromagnetic geophysical surveys highlighting numerous prospective conductors. Project is large enough to host a VMS mining camp.
3. UPSIDE POTENTIAL FOR MORE VMS:
VMS deposits occur in clusters and BMK is the only known deposit in the area. VMS mineralization and alteration has now been intersected at the Betty and Main Lake targets.
BMK Zn-Cu-Pb-Ag-Au DEPOSIT
Deposit Information
- Discovered by prospecting in 1956, limited work was done throughout 1960’s , and again late in the 1980’s
- Purchased by Boart Longyear Canada, in 1992
- Acquired by Murchison’s predecessor, Manicougan Minerals in 2006
- NI-43-101 Resource estimate updated in September of 2018 1, significantly expanding resource
- Resource estimate:
- Indicated: 2.1 M t @ 9.98% Zn Eq
- Inferred: 7.6 M t @ 6.29% Zn Eq
- Estimate based on 138 drill holes with 3.5% Zn Eq cut-off grade
- Deposit remains open at depth and along strike
- Preliminary metallurgical work completed 2021 produced excellent results – 50% zinc concentrate with a 85% recovery, results are expected to improve with further optimization
DEPOSIT HIGHLIGHTS
- Mineralization occurs as disseminated to massive, semi-massive and breccia-vein sulphides
- Coarse-grained (recrystallized), pyrrhotite, sphalerite, chalcopyrite and galena
- Outcrops at surface, dip averages -51 degrees NW
- Mineralization tentatively correlated over 1,100 m strike length
- 2 mineralized zones defined:
- Upper Mineralized Zone
- Defined over strike and dip length of 1 km at 50 m depth
- Maximum width to 16 m, averages 5.3 m
- Lower Mineralized Zone
- Up to 25-30 m below upper zone
- Defined over strike and dip length of 800 m from surface
- Maximum width to 18 m, averaging 6.7 m
- Upper Mineralized Zone
- Recently completed Hole BM21-004 confirms the continuity of the high-grade mineralization within the deposit with 15.35 metres of continuous sulphide mineralization at 13.16% Zn Eq at the peripheral edge of Indicated Mineral Resources. (9.07% Zn, 0.81% Cu, 0.26% Pb, 0.11 g/t Au and 35.11 g/t Ag from 341.20 to 356.55 metres)
BMK |
COMPLETED
- 2017-2018 large in-fill drill program
- NI-43-101 report in October of 2018, resource expanded significantly
- Winter 2019 – 2020 completed VTEM coverage across all claims
- Summer 2019 – 2020 extensive prospecting program
- Winter 2020 exploration drill program, discovered VMS style mineralization at Main Lake target
- Winter 2021 exploration drill program, discovered VMS style mineralization at Betty target
- Summer 2021 completed preliminary metallurgy with exceptional results
WHAT’S NEXT
- Winter 2022 commencing comprehensive desktop study on results to date, in order to systematically optimize future drill programs
- Complete drill program focused on expanding high-grade domains and testing along strike and down dip from current BMK deposit extents
- Continuing exploration drilling at Main Lake and Betty targets
Murchison Minerals