Murgor Drilling Extends WIM Copper-Gold Deposit by at least 120 Meters in Northern Manitoba.



    - 2.83% Copper and 3.35 g/t Gold over 11.1 meters

    MONTREAL, Oct. 10 /CNW Telbec/ - Murgor Resources Inc. (MUG: TSX-V) is
pleased to announce results from the first four drill holes of its preliminary
phase of drilling at the Wim property in northern Manitoba. To date, 2,007
meters of drilling have been completed from a minimum preliminary program of
5,500 metres. Five drill holes have been drilled including drill hole No.4
that was abandoned due to excessive deviation. Complete results have been
received from the first two drill holes of the program and samples for the
next two drill holes are being processed at the geochemical lab. Results from
the first two drill holes are as follows (a complete table of results is shown
below):

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

    Hole No.1 is an infill drill hole whereas drill hole number No.2 has
extended the deposit by 80 meters towards the southeast (a longitudinal
section is attached to this press release on the Murgor website at
www.murgor.com).
    Drill hole No.3 extended the orebody by more than 120 meters southeast and
up plunge from the ore lens. From 331.01 to 342.80 meters, the drill hole
intersected 6.40 meters of massive and semi-massive sulphide mineralization,
and another 5.39 meters of heavily disseminated sulphide mineralization. The
sulphide mineralization consists of pyrite-pyrrhotite and chalcopyrite. Photos
of this drill core are available for viewing on the Murgor website at
www.murgor.com. Drill hole No.5 was testing the eastern extension of the ore
lens but deviated to the southeast off its target. Nevertheless, the hole
intersected disseminated pyrite-pyrrhotite and chalcopyrite.
    This drilling program is part of a more extensive drilling program that
will start in January of 2008, with an additional drill. The objective of the
drilling is twofold:

    1.  To expand the existing copper-gold resource at Wim by testing
        extensions of the ore lens and by testing new, untested, high
        priority geological and geophysical targets on the property.

    2.  To initiate definition drilling of the Wim deposit to upgrade the
        copper-gold resource to Indicated and Measured categories, leading to
        a feasibility study (planned for the third quarter of 2009).

    The Wim deposit mineralization consists of coarse-grained, gold-bearing
massive to semi-massive sulphide (pyrite, pyrrhotite, chalcopyrite and minor
sphalerite). Prior to this phase of drilling, the mineralized zone extended
from 245 metres to 640 metres below surface, and over a strike length of
nearly 500 metres. The mineralized zone is up to 11 metres wide. The ore lens
trends to the NW, is dipping 50degrees towards the NE, and has a general
plunge of 40degrees to the NW. The lens remains largely open in all
directions. Assuming an average width of 3 metres for the ore lens and using
an ore density measured at 3.0 g/cubic centimetre, each 100 m x 100 m
extension of the ore lens on the vertical longitudinal section adds
approximately 140,000 tonnes to the current resource of the orebody. Based on
this summary calculation, drill holes No.2 and No.3 may have added more than
400,000 tonnes to the current Wim resource.
    The current NI 43-101 compliant Inferred resource at the Wim deposit
(prior to this drilling) stands at:

    -------------------------------------------------------------------------
    DEPOSIT          TONNAGE                        GRADE
                     (Tonnes)        Cu          Zn        Au         Ag
    -------------------------------------------------------------------------
    WIM(*)         2,062,000       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,
Wim, 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 Flin-Flon
greenstone belt of Manitoba and Saskatchewan.

                          COMPLETE TABLE OF RESULTS
                          -------------------------
    -------------------------------------------------------------------------
    Hole                                     Core           Horiz.      True
    Number          From         To         Length          Width       Width
                     (m)         (m)         (m)             (m)         (m)
    -------------------------------------------------------------------------

    WZS07-001      427.10       438.20       11.10         11.39        8.86


    WZS07-002      401.57       403.80        2.23          2.27        1.60

    WZS07-003      331.01       337.41        6.40          8.49        6.00

    WZS07-004            Hole Abandoned due to excessive deviation

    WZS07-005      575.80       577.78        1.98          2.00        1.56
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
     Hole                         Cu          Au             Ag       Remark
     Number                       (%)        (g/t)          (g/t)
    -------------------------------------------------------------------------
    WZS07-001                     2.83        3.35         12.49      Infill
                                                                        Hole

                                                                    Extended
                                                                     Zone by
    WZS07-002                     2.24        1.13          8.62     80 m SE


    WZS07-003                                                       Extended
                                                                    Zone  By
                               Pending     Pending       Pending    120 m SE

    WZS07-004            Hole Abandoned due to excessive deviation

                                                                      Missed
    WZS07-005                  Pending     Pending       Pending      target
    -------------------------------------------------------------------------

    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: please visit Murgor's website at www.murgor.com
or contact: 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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