Mr. Erik Martin reports

MURCHISON ACQUIRES 56 KM2 OF NEW CLAIMS HOSTING 12 EM CONDUCTORS AT BRABANT LAKE, SASKATCHEWAN

Murchison Minerals Ltd. has acquired an additional 5,601 hectares (56.01 square kilometres) of mineral claims (M claim block) located east of the existing Brabant Lake project in northern Saskatchewan.

The M claim block covers 12 electromagnetic (EM) conductors previously identified in a historic airborne geophysical survey completed in 1968. The 1968 survey detected the Brabant-McKenzie deposit conductor, as well as numerous other conductors detected by the modern VTEM airborne EM and magnetic surveys completed over the Brabant Lake project. This historical survey has also detected other EM conductors on lands already controlled by Murchison that do not have modern airborne EM coverage.

The area, including the M claim block, is dominantly underlain by garnetiferous biotite gneisses and highly metamorphosed mafic volcanic rocks similar to those at the Brabant-McKenzie VMS deposit.

Murchison owns the Brabant-McKenzie VMS deposit, which remains open to expansion, and 12 high-priority targets scheduled to be drilled in Q1 2020. The recent addition of six new highly prospective claim blocks, covering about 107 square kilometres (Henry 1 to 5 and M claim blocks), significantly enhances the Company's landholdings.

Qualifying statement

The foregoing scientific and technical disclosures have been reviewed by Ehsan Salmabadi, professional geoscientist, and Martin St-Pierre, professional geophysicist, qualified persons as defined by National Instrument 43-101. Mr. Salmabadi and Mr. St-Pierre are independent consultants to Murchison and the Brabant Lake project.

About the Brabant Lake project

The Brabant Lake project is located 175 kilometres northeast of La Ronge, Sask., and approximately three kilometres from the community of Brabant Lake. The area is accessed year-round through provincial Highway 102 and is serviced by grid power. The project consists of one mining lease, which hosts the Brabant-McKenzie VMS deposit, and additional mineral claims totalling 430 square kilometres and extending over 57 kilometres of strike length over favourable geological horizons, multiple known mineralized showings and identified geophysical conductors.

About Murchison Minerals Ltd.

Murchison is a Canadian-based exploration company focused on the exploration and development of the 100-per-cent-owned Brabant Lake zinc-copper-silver project in north-central Saskatchewan. The company also has a 100-per-cent interest in the HPM nickel-copper-cobalt project in Quebec.

We seek Safe Harbor.