Murgor drilling extends the Wim Copper-Gold deposit in northern Manitoba



    MONTREAL, Jan. 24 /CNW Telbec/ - Murgor Resources Inc. (MGR: TSX-V) is
pleased to announce the results of its fall drilling program at the Wim
property in northern Manitoba. A total of fourteen drill holes (7,240 metres)
were completed and one drill hole was abandoned due to excessive deviation.
All results are shown except for drill hole 15, an exploration drill hole for
which results are still pending.
    "With this first drill program at Wim, Murgor is already adding extending
the current resource by a strike length of 150 metres and the dip extent by
50 metres. This is very encouraging. A few weeks ago, Murgor started a
13,000 meter drill program at Wim and these exploration and development
results should start coming out in the following weeks." says Andre C.
Tessier, President and CEO of Murgor Resources. "Drilling also started at the
Hudvam deposit last week, where 8,000 of drilling are planned for this winter,
and another 5,000 metres of drilling is planned on our other properties in
Manitoba and Saskatchewan. 2008 will be a very exciting year for Murgor."
    Eleven of the drill holes were testing the extensions of the known
resource and six of these drill holes have extended the current resource by
approximately 150 metres to the SE and 50 metres down dip and the zone remains
open in many directions. Two drill holes were infill drill holes. A
longitudinal section of the deposit and its new extensions is shown at
Murgor's website at www.murgor.com. Best results are as follows (a full table
of results is shown at the end of this press release.):

    
    WZS07-001 - 2.83% Cu, 3.35 g/t Au, 12.49 g/t Ag and 0.25% Zn over
    11.10 meters

    WSZ07-002 - 2.24% Cu, 1.13 g/t Au, 8.62 g/t Ag and 0.82% Zn over
    2.23 meters

    WSZ07-003 - 2.33% Cu, 2.69 g/t Au, 12.01 g/t Ag and 0.28% Zn over
    5.74 meters

    WZS07-006 - 1.57% Cu, 6.24 g/t Au, 7.86 g/t Ag and 1.35% Zn over
    1.69 meters

    WSZ07-009 - 2.67% Cu, 4.25 g/t Au, 14.50 g/t Ag and 0.82% Zn over
    1.00 meters

    WSZ07-011 - 3.05% Cu, 2.09 g/t Au, 11.97 g/t Ag and 0.21% Zn over
    4.95 meters

    WSZ07-013 - 1.68% Cu, 2.94 g/t Au, 8.40 g/t Ag and   tr   Zn over
    3.70 meters

    WSZ07-014 - 1.21% Cu, 1.67 g/t Au, 5.70 g/t Ag and 1.57% Zn over
    2.50 meters

    Drill holes #5 and #7 have also intersected new gold zones within a
granitic intrusion located immediately NE of the deposit. The gold
mineralization is hosted by quartz veins locally with pyrite and chalcopyrite.
These zones will be investigated with future drilling as the Wi deposit
definition drilling continues. The results from these new gold intersections
are as follows:

                   WZS07-005 - 5.64 g/t Au over 0.65 meters
                   WSZ07-007 - 31.41 g/t Au over 1.40 meters

    Mineralization at the Wim deposit, consists of coarse-grained,
gold-bearing massive to semi-massive sulphide (pyrite, pyrrhotite,
chalcopyrite and minor sphalerite). The mineralized zone extended from 175
metres to 720 metres below surface, over a strike length of nearly 625 metres.
The lens remains largely open in all directions.
    The current NI 43-101 compliant Inferred resource at the Wim deposit
(prior to this drilling) stands at:

    -------------------------------------------------------------------------
    DEPOSIT       TONNAGE                           GRADE
                    (Tons)        Cu          Zn         Au           Ag
    -------------------------------------------------------------------------
    WIM(*)      2,273,000       1.92%       0.26%      1.65 g/t     5.58 g/t
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    DEPOSIT                        CONTAINED METAL
                  Cu (lbs)       Zn (lbs)       Au (oz)       Ag (oz)
    -------------------------------------------------------------------------
    WIM(*)      87,333,000    11,943,000       110,000       370,000
    -------------------------------------------------------------------------
    (*) Based on 2% Copper equivalent cut-off grade. Base case Inferred
    Resource estimate based on assumed underground mining methods, calculated
    In March of 2007.

    The Wim property covers approximately 28 square kilometres and is located
16 kilometres north of the Town of Snow Lake where HudBay Minerals currently
operates a mill for its Chisel North Mine. The part of the property optioned
from HudBay, covers approximately 12 square kilometres but Murgor also holds a
100% interest in nine claims (not part of the HudBay option) covering the
strike extensions of the Wim deposit with an additional area of 16 square
kilometres.
    Murgor is earning a 100% interest in the Wim property, optioned from
HudBay Minerals Inc. (HBM: TSX) in September of 2006, along with the Hudvam,
Fon, Abbott Lake and Tyr deposits. Murgor is also earning a 50% interest from
HudBay, in two large-scale grassroots projects covering 186,104 hectares of
extremely prospective ground. All properties are located in the prolific
Flin-Flon greenstone belt of Manitoba and Saskatchewan.

                          COMPLETE TABLE OF RESULTS
                          -------------------------
    -------------------------------------------------------------------------
                                               Hori-
                                        True zontal
                From       To  Length  width  Width    Cu    Zn    Au     Ag
    -------------------------------------------------------------------------
    Hole
    Number        (m)      (m)     (m)    (m)    (m)   (%)   (%) (g/t)  (g/t)
    -------------------------------------------------------------------------
    WZS07-001  427.10  438.20   11.10   8.86  11.39  2.83  0.25  3.35  12.49
    -------------------------------------------------------------------------
    WZS07-002  401.57  403.80    2.23   1.60   2.27  2.24  0.82  1.13   8.62
    -------------------------------------------------------------------------
    WZS07-003  331.86   337.6    5.74   5.38   7.61  2.33  0.28  2.69  12.01
    -------------------------------------------------------------------------
    WZS07-004             Abandoned due to excessive deviation
    -------------------------------------------------------------------------
    WZS07-005  498.96  499.61    0.65      -      -  0.12     -  5.64      -
    -------------------------------------------------------------------------
          and  575.97  577.80    1.83   1.61   2.28  0.46  0.12  0.78   2.39
    -------------------------------------------------------------------------
    WZS07-006  722.65  724.34    1.69   1.52   2.15  1.57  1.35  6.24   7.86
    -------------------------------------------------------------------------
         incl. 722.65  724.07    1.42   1.28   1.81  1.76  1.47  7.34   8.82
    -------------------------------------------------------------------------
    WZS07-007   305.9   307.3    1.40      -      -             31.41
    -------------------------------------------------------------------------
          and  626.46  628.68    2.22   1.90   2.68  0.52     -     -      -
    -------------------------------------------------------------------------
    WZS07-008   287.3  288.75    1.45   1.35   1.91            NSR
    -------------------------------------------------------------------------
    WZS07-009  234.67  235.67    1.00   0.96   1.36  2.67  0.82  4.25   14.5
    -------------------------------------------------------------------------
          and  253.97  260.68    6.71   6.45   9.13  0.47  0.09  0.33   3.06
    -------------------------------------------------------------------------
    WZS07-010  346.26  346.65    0.30   0.33   0.46  0.75  0.21     -      -
    -------------------------------------------------------------------------
    WZS07-011  340.76  345.71    4.95   4.31   6.09  3.05  0.21  2.09  11.97
    -------------------------------------------------------------------------
    WZS07-012  574.07  574.74    0.67   0.51   0.72  1.39     -  0.97   6.43
    -------------------------------------------------------------------------
    WZS07-013   461.7   465.4    3.70   3.25   4.59  1.68     -  2.94   8.40
    -------------------------------------------------------------------------
         incl.  463.6   465.4    1.80   1.58   2.24  3.04  0.29  5.69  15.62
    -------------------------------------------------------------------------
    WZS07-014   457.1   459.6    2.50   2.06   2.92  1.21  1.57  1.67    5.7
    -------------------------------------------------------------------------
    

    Chemical analyses reported in this press release were performed by TSL
Laboratories in Saskatoon. Base metals were analyzed through atomic absorption
spectrometry after a multi acid digestion whereas gold was analyzed by fire
assay Atomic Absorption using a 30g charge, with gravimetric finish for assays
greater than 3 g/t. Sampling and analytical procedures are subject to a
comprehensive Quality Assurance and Quality Control program that includes
duplicate samples, blanks and analytical standards.
    Neil W. Richardson P.Geo. and Jean-Philippe Desrochers, P.Geo.
respectively Manager of Central Canada Exploration and Vice-President
Exploration for Murgor Resources Inc. are Qualified Person as defined by
NI-43-101 and are responsible for the technical information presented in this
press release.

    This news release includes certain "forward-looking statements". All
statements other than statements of historical fact, included in this release,
including, without limitation, statements regarding potential mineralization,
resources and reserves, exploration results, and future plans and objectives
of Murgor, are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause
actual results to differ materially from Murgor's expectations are exploration
risks detailed herein and from time to time in the filings made by Murgor with
securities regulators.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this press release.




For further information:

For further information: André C. Tessier, President & CEO, MURGOR
RESOURCES INC., (613) 546-7503, 1-888-891-3330, Fax: (613) 546-7318,
info@murgor.com; www.murgor.com

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