Murchison Minerals Ltd. announced that it has appointed renowned volcanogenic massive sulfide (VMS) deposits expert Dr. Stephen Piercey as technical advisor for the 100% owned Brabant-McKenzie (BMK) project located in Saskatchewan, Canada. Based on the work Dr. Piercey and Murchison's technical team completed this Spring the Company believes that the BMK Deposit area is prospective to host a copper-rich stockwork zone, similar in style to Foran Mining's Mcllvenna Bay Project. Additionally, Murchison's technical team has identified a 37 km trend (BMK Trend) which has numerous showings of VMS mineralization, leading to the high potential of discovering further VMS deposits along strike of the BMK Deposit.

Accordingly, Murchison has staked an additional 75 km2 of mineral claims encompassing the entire BMK Trend. Accordingly, Murchison have staked an additional 75 km 2 of claims along strike of the BMK deposit. Accordingly, Murchison is staking an additional 75 km2 of claims encompassing the entireBMK Trend.BMK Deposit resource estimate is based on a NI 43-101 dated September 4, 2018.

prepared by Finley Baker Consulting, Campbell River, BC, and Murchison Minerals Ltd. Dr. Stephen Piercey: Dr. Piercey has conducted extensive research and field work, internationally and across Canada, focusing on VMS deposits and their origins. Dr. Piercey is University Research Professor in the Department of Earth Sciences at Memorial University as well as a part-time consultant with SJPGeoConsulting out of St. John's, NFLD.

He is a previous winner of the Lindgren Medal (SEG), W.H. Gross Medal (MDD-GAC), Howard Street Robinson Medal (MDD-G AC), Hutchison Medal (GAC), and the Duncan Derry Medal (MDD-Gac). Presently, Dr. Piercey is the President of the Society of Economic Geologist, is a Professional Geoscientist (PGeo) in Newfoundland and Labrador, Ontario, and Saskatchewan, and was awarded Fellow of Geoscientists Canada for his contributions to the geoscience profession in Canada. During the Spring of 2023 Murchison Minerals, with the assistance of Dr. Piercey, completed the systematic relogging and sampling of historic drill core at the BMK Deposit, as well as at the regional targets called Main Lake, Betty, T2T and TOM2.

The work has successfully identified the BMK Deposit as a felsic volcaniclastic-type of VMS deposit, which is similar to those in the past-producing, high tonnage Bathurst VMS Mining Camp in New Brunswick. These sediment-rich VMS environments host some of the highest tonnage VMS deposits globally. The Bathurst-type VMS deposits typically have abundant zinc-rich sulfides that are underlain by a copper-rich stockwork "feeder" zones.

It is inferred that one may exist proximal to the BMK Deposit or within the region. A top priority for the Company is locating the copper-rich zone at the BMK Deposit.