SASKATCHEWAN - MURGOR RESOURCES of Montreal has outlined a potential new open pit mine at its Fon deposit 40 km west of Flin Flon, Manitoba. The company has outlined a thick mineralized zone between surface and 150 metres deep, believed to contain between 1.1 million and 3.5 million tonnes with an average grade of 2.1% Zn (ranging from 1.4% to 3.6% Zn). Additional drilling is required to further define the resource.
The recently defined material is a small part of the Fon deposit, known to have a strike length of 1.3 km and a depth of at least 760 metres. At a 1% Zn cutoff, the Fon deposit is estimated to contain 4.5 million tonnes at 3.73% Zn, 0.25% Cu and 12.0 g/t Ag, and those numbers are NI-43-101 compliant.
Follow the latest news from the Fon property by visiting www.Murgor.com.
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