Murgor outlines new geophysical anomalies adjacent to the Hudvam
gold-copper-zinc deposits in Manitoba

KINGSTON, ON, May 11 /CNW Telbec/ - Murgor Resources Inc. (MGR: TSX-V) announces the completion of a 70 line kilometer Deep Electro-Magnetic (DeepEM) geophysical survey at its 100% owned Hudvam property adjacent to its Hudvam gold-copper-zinc deposit in Manitoba.

The objective of the survey was to investigate the potential of the Hudvam mineralized horizon west of the Hudvam deposit, with a modern, high resolution and deep penetrating electromagnetic geophysical survey.

Three new conductors were detected with geophysical signatures similar to the those of the Hudvam massive sulphide deposit. The anomalies are all located on the fault-offset, western extension of the Hudvam deposit mineralized horizon. The mineralized horizon is believed to be offset approximately 75 meters to the north relative to the Hudvam deposit. The coordinates of the anomalies are as follows (a 3D model showing the location of the anomalies is attached to this press release at www.murgor.com):

    
    Anomaly         Location          Strike Length     Depth   Depth Extent
    -------------------------------------------------------------------------
    "A"  75 meters north of lens No.3   450 meters    20 meters   170 meters
    "B"  300 meters west of lens No.3   300 meters   175 meters   300 meters
    "C"  625 meters west of lens No.3   230 meters   100 meters   240 meters
    -------------------------------------------------------------------------
    

"This is a very exciting development at the Hudvam property since any of these conductors has the potential of doubling the size of the Hudvam deposit." said André Tessier, President and CEO of Murgor Resources. "Being so close to HudBay's existing mill in Flin Flon, makes these new targets even more attractive."

None of the new targets have ever been tested or detected by previous methods. Follow-up work is planned at Hudvam upon complete characterization of the new targets.

In other news, Murgor announces that its Board of Directors has amended Murgor's 2004 Stock Option Plan by increasing the number of shares that may be issued under the Plan from 4,114,056 to 6,662,985. The Board of Directors amended the 2004 Stock Option Plan in light of the increase in the number of Murgor's issued and outstanding shares since the establishment of the Plan.

The total number of shares that can be issued by Murgor under the 2004 Stock Option Plan, as amended, is equal to 10% of Murgor's 66,629,868 issued and outstanding shares.

Murgor has received all regulatory approvals for the amendment to the 2004 Stock Option Plan.

About the Hudvam Deposit:

The Hudvam deposit is located 47 kilometres north-east of the Town of Flin Flon Manitoba, where HudBay Minerals Inc. operates a concentrator, a copper smelter and a zinc plant. The deposit already has an access ramp, nearly 250 metres long, that could be rehabilitated for quick development of the deposit, with low capital expenditures.

Since December 2006, Murgor increased the tonnage of the Hudvam deposit by 113%, including a 40% increase in the gold resource and a conversion of more than 70% of the resource to the Indicated category.

Metallurgical testing of the Hudvam mineralization showed that copper recoveries of 89% are achieved and captured into a high-grade concentrate averaging 30% copper. Gold recoveries average 56% by flotation and 67.1% with the addition of a gravity concentrator. Gold grades in the copper concentrate are extremely high, averaging 51 g/tonne gold.

Murgor owns a 100% interest in the deposit. HudBay may buy back an interest of up to 65% within 3 years of September 12, 2012 and would have to double Murgor's work expenditures before that date.

The most recent 43-101 compliant resource estimate at Hudvam was announced by Murgor in a press release dated August 28, 2008 and the complete report is available at www.murgor.com. Current mineral resource at Hudvam is as follows:

    
    INDICATED CATEGORY
    -------------------------------------------------------------------------
    CUT-OFF           TONNAGE                       GRADE
    GRADE*     (Metric Tonnes)       Cu          Zn          Au         Ag
    -------------------------------------------------------------------------
    2.0% Cu Equiv     854,076        1.22%       1.78%   3.82 g/t  13.84 g/t
    2.5% Cu Equiv.    680,657        1.38%       1.98%   4.33 g/t  15.38 g/t
    -------------------------------------------------------------------------

    --------------------------------------------------------------
    CUT-OFF                        CONTAINED METAL(xx)
    GRADE*          Cu (lbs)    Zn (lbs)     Au (oz)     Ag (oz)
    --------------------------------------------------------------
    2.0% Cu Equiv  23,008,000  33,541,000     105,000     380,000
    2.5% Cu Equiv. 20,640,000  29,654,000      95,000     337,000
    --------------------------------------------------------------

    * Copper equivalent grade base on US$1.75 per lbs Copper, US$0.80 per
        lbs Zn, US$700 per oz Au and US$10 per oz Ag.
    (xx)Figures rounded to nearest 1,000.



    INFERRED CATEGORY
    -------------------------------------------------------------------------
    CUT-OFF           TONNAGE                       GRADE
    GRADE*     (Metric Tonnes)       Cu          Zn          Au         Ag
    -------------------------------------------------------------------------
    2.0% Cu Equiv     502,901        0.79%       1.33%   3.25 g/t   6.96 g/t
    2.5% Cu Equiv.    338,557        0.85%       1.46%   3.96 g/t   7.36 g/t
    -------------------------------------------------------------------------

    --------------------------------------------------------------
    CUT-OFF                        CONTAINED METAL(xx)
    GRADE*          Cu (lbs)    Zn (lbs)     Au (oz)     Ag (oz)
    --------------------------------------------------------------
    2.0% Cu Equiv   8,759,000  14,746,000      53,000     113,000
    2.5% Cu Equiv.  6,345,000  10,898,000      43,000      80,000
    --------------------------------------------------------------

    * Copper equivalent grade base on US$1.75 per lbs Copper, US$0.80 per
        lbs Zn, US$700 per oz Au and US$10 per oz Ag.
    (xx)Figures rounded to nearest 1,000.
    

About Murgor Resources

Murgor Resources Inc. is a mineral exploration and development company focused on copper, zinc and gold deposits. The company is earning a 100% interest in three deposits, adjacent to the Snow Lake and Flin Flon mining districts of Manitoba, from HudBay Minerals Inc. (TSX:HBM). Murgor is also exploring an exceptional portfolio of gold properties in proven mining districts of Canada, owns a 1% NSR royalty in the Barry Gold Mine and an interest in the advanced Windfall Gold Project in Quebec.

The table below shows the total 43-101 compliant resource for Murgor's Hudvam, Wim and Fon deposits.

    
    INDICATED RESOURCE
    -------------------------------------------------------------------------
                  Tonnage                     Grade*
    Project   ---------------------------------------------------------------
                   Metric                                      Au         Ag
                   Tonnes          Cu %          Zn %         g/t        g/t
    -------------------------------------------------------------------------
    Hudvam        854,076          1.22          1.78        3.82      13.84
    -------------------------------------------------------------------------
    Wim         2,776,787          1.94           0.3        1.88       7.53
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    TOTAL       3,630,863
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------

    INDICATED RESOURCE
    --------------------------------------------------------------
                                            Metal Content
    Project   ----------------------------------------------------
                       Cu            Zn            Au          Ag
                      (lb)          (lb)          (oz)        (oz)
    --------------------------------------------------------------
    Hudvam     23,007,640    33,541,359       104,930     379,928
    --------------------------------------------------------------
    Wim       118,762,524    18,365,339       167,838     672,246
    --------------------------------------------------------------
    --------------------------------------------------------------
    TOTAL     141,770,164    51,906,698       272,768   1,052,174
    --------------------------------------------------------------
    --------------------------------------------------------------



    INFERRED RESOURCE
    -------------------------------------------------------------------------
                  Tonnage                     Grade*
    Project   ---------------------------------------------------------------
                   Metric                                      Au         Ag
                   Tonnes          Cu %          Zn %         g/t        g/t
    -------------------------------------------------------------------------
    Hudvam        502,901          0.79          1.33        3.25       6.96
    -------------------------------------------------------------------------
    Wim           445,999          1.12          0.43        2.11       5.06
    -------------------------------------------------------------------------
    Fon         4,543,126          0.25          3.73           -      10.88
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    TOTAL       5,492,026
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------

    INFERRED RESOURCE
    --------------------------------------------------------------
                                            Metal Content
    Project   ----------------------------------------------------
                       Cu            Zn            Au          Ag
                      (lb)          (lb)          (oz)        (oz)
    --------------------------------------------------------------
    Hudvam      8,758,802    14,745,831        52,548     112,534
    --------------------------------------------------------------
    Wim        11,012,528     4,228,024        30,256      72,556
    --------------------------------------------------------------
    Fon        25,039,440   373,588,445             -   1,752,761
    --------------------------------------------------------------
    --------------------------------------------------------------
    TOTAL      44,810,770   392,562,301        82,804   1,937,851
    --------------------------------------------------------------
    --------------------------------------------------------------

    * Based on a 2.0% copper equivalent cut-off grade at Wim and Hudvam,
        and a 1.0% Zn cut-off grade at Fon
    

For statement of resources, see Murgor Press Releases: Feb. 20, 2007 for Fon; Aug. 28, 2008 for Hudvam and Sept. 09, 2008 for Wim.

Mr. Neil Richardson, P.Geo. and Manager of Exploration for Murgor Resources Inc. is a Qualified Person as defined by NI-43-101 and reviewed 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this 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., Tel: (613) 546-7503, 1-888-891-3330, Fax: (613) 546-7318, E-mail: info@murgor.com, Web site: www.murgor.com

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