Zinc-silver mineralization was discovered in the region in 1950. The Barraute mining camp hosts several mineralized showings and polymetallic metal deposits including the substantial zinc-silver Abcourt-Barvue deposit located only 2 km away from Murchison’s Barraute property. Here, as in Saskatchewan, the target is a cluster of high-grade, VMS-type deposits.
The Abcourt-Barvue deposit of Abcourt Mines Inc. was in operation during two periods: between 1952 and 1957 by Barvue Mines Limited and between 1985 and 1990 by Abcourt Mines Inc. In total, 5,002,19 metric tonnes grading 38.74 g/t Ag and 2.98% Zn were mined from the Barvue open pit and 632,319 metric tonnes grading 131.65 g/t Ag and 5.04% Zn were mined from the underground production.
A "Megatem" helicopter-borne electromagnetic-magnetometric survey carried out between 2001 and 2002 for the Geological Survey of Canada, Virginia Gold Mines Inc. and Noranda Exploration, released in 2009, identified several new anomalies in the extension of the Abcourt felsic sequence on the property. The 2009 geophysical anomalies are considered highly prospective as the Abcourt felsic sequence hosts the Abcourt-Barvue deposit. The geophysical anomalies have not been historically drilled.
The project is well located immediately adjacent to all needed infrastructure and human resources for exploration and possible future operations. Murchison plans to drill-test the highly prospective targets.