Murgor and joint venture partner await geochemical results from fifteen drill holes at the Mishibishu gold property, Ontario

    MONTREAL, March 31 /CNW/ - Murgor Resources Inc. (MGR: TSX-V) today
announced, jointly with Trelawney Resources Inc. (TRR: TSX-V), that Trelawney
has completed a total of 3,259 meters from a 5,000 meter drilling program at
the 100% Murgor owned Mishibishu property located 60 km northwest of Wawa,
Ontario. So far, Trelawney has completed 15 diamond drill holes and assay
results are expected within two weeks. The ongoing 5,000 meter drilling
program is testing several targets identified by soil sampling, prospecting,
channel sampling and/or Induced Polarization surveys. A map showing the
sampled areas and geological description of the drill targets can be viewed on
the Trelawney's website at Please
refer to today's press release by Trelawney for additional technical
    The Mishibishu Lake property straddles the Dorset property to the
northwest, south and to the southeast. Trelawney has completed 92 drill holes
for a total of 15,834 meters along the Dorset Zone. The Zone strikes in an
east-west direction, has a minimum strike length of 750 meters and is open at
depth. Trelawney recently completed a NI 43-101 compliant resource estimate on
the Dorset Zone and the initial estimates are listed on Trelawney's press
release from today. The complete report can be accessed on under
the Trelawney company profile.
    Andre C. Tessier, President and CEO of Murgor Resources Inc. said,
"Murgor is very pleased with its joint venture partnership with Trelawney. 
The Mishibishu property continues to show excellent results. Murgor is proud
to count on partners such as Trelawney, Noront, Metanor, Geodex and Teck
Cominco to explore and finance its eastern Canada gold projects while the
company is concentrating on its core assets in Manitoba and Saskatchewan."
    Trelawney is currently earning a 50% interest in the Mishibishu property
by incurring $1.5 million in exploration expenditures, making aggregate cash
payments of $200,000 and delivering 750,000 shares of Trelawney to Murgor.
Trelawney can earn an additional 25% interest in the property by delivering
400,000 shares of Trelawney to Murgor and by completing a feasibility study on
the property.
    The Mishibishu property consists of 114 mining claim units that cover
4,560 acres in north-western Ontario, 60 kilometers west of the town of Wawa
and 10 kilometers north of Lake Superior. The Property is located in the
Archean Mishibishu Greenstone Belt, and covers a ten kilometer strike length
of the Mishi Creek Deformation Zone and a three kilometer strike length of the
Rook Lake Deformation Zone, six kilometers north of the producing Eagle River
gold mine.
    The technical information presented in this press release is taken
directly from today's press release by Trelawney Resources Inc. Robert Duess,
P. Geo. is a "Qualified Person" as defined in National Instrument 43-101 and
is responsible for the technical information presented in today's press
release for Trelawney Resources.

    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:

OR CONTACT: André C. Tessier, President & CEO, MURGOR RESOURCES INC., Tel:
(613) 546-7503 or 1-888-891-3330, Fax: (613) 546-7318, E-mail:, Web site: Or Michael Joyner, Investor
Relations - The Equicom Group, Tel: (416) 815-0700 ext. 275 or 1-800-385-5451,

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