MURGOR RESOURCES INC.

MURGOR RESOURCES INC.

March 04, 2005 09:30 ET

Murgor and Freewest Intersect a New, Near-Surface Gold Zone at the Windfall Property; NW Quebec


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MURGOR RESOURCES INC.

TSX VENTURE SYMBOL: MUG

MARCH 4, 2005 - 09:30 ET

Murgor and Freewest Intersect a New, Near-Surface Gold
Zone at the Windfall Property; NW Quebec

MONTREAL, QUEBEC--(CCNMatthews - March 4, 2005) - Murgor Resources Inc.
(TSX VENTURE:MUG) is pleased to announce the results from four (4) drill
holes at the Windfall Property in north-western Quebec. From February
15th to March 4th, sixteen (16) drill holes (WIN-05-20 to WIN-05-35)
were completed for a total of 1,855 meters. Complete assay results from
four (4) drill holes have been received (including WIN-05-19 from the
January drilling) and are presented in this release. Assays from all
other drill holes are pending and results will be released as they
become available.

The objective of drill holes WIN-05-19 to WIN-05-22 was to test
mineralized zone F-17 where drill hole WIN-04-06 returned assay results
of 5.13 g/t Au over 4.5 meters in December 2004. In the course of
following-up the intersection of drill hole WIN-04-06, the four holes
reported here intersected a new, near-surface gold zone with the
following results:



-------------------------------------------------------------------
DDH LINE STATION AZ DIP L (M) RESULTS
-------------------------------------------------------------------
WIN-05-19 8+80W 10+16N 150 -50 197 59.07 g/t Au over
1.00 m, from 30.0 to
31.0 m.
-------------------------------------------------------------------
WIN-05-20 8+55W 9+73N 330 -50 150 10.46 g/t Au over
11.00 m, from 29.0 to
40.0 m.
-------------------------------------------------------------------
WIN-05-21 8+59W 9+81N 330 -70 233 9.99 g/t Au over
4.00 m, from 13.0 to
17.0 m.
-------------------------------------------------------------------
and 2.03 g/t Au over
2.00 m, from 23.0 to
25.0 m.
-------------------------------------------------------------------
WIN-05-22 8+78W 9+88N 150 -70 110 16.51 g/t Au over
3.00 m, from 23.0 to
26.0 m.
-------------------------------------------------------------------


The close spacing of the drill holes was designed to better define the
geometry of the mineralized zone which is now believed to be
sub-horizontal, extensional in nature and associated with a NE-trending,
steeply north-dipping structure. The zone remains open in every
direction except to the south where it appears to reach surface just
north of drill hole WIN-04-06. Maps and sections of this new zone will
be posted shortly on Murgor's website at www.murgor.com.

The Windfall Property is comprised of 214 mining claims covering an area
of 8,995 hectares and is held 50% by Murgor and 50% by Freewest
Resources Canada Inc. (FWR: TSX-V). The F-17 Gold Zone is located
approximately 400 meters NE of a recent gold discovery that is presently
being delineated by Noront Resources (Stockwatch Press Release February
23, 2005).

In the following months, Murgor and Freewest will continue drilling to
test the extensions of gold zones F-11, F-17 and F-51 while testing a
number of other targets where geophysical anomalies coincide with areas
that are geologically favourable to gold mineralization.

Murgor management will be available to discuss all aspects of the
Windfall Project and all its other ongoing exploration programs at the
Prospectors and Developers Association of Canada Convention (PDAC) in
Toronto from March 6th to the 9th at Booth #2719 on the Investors
Exchange Floor (Hall "C").

Gold analyses reported in this release were performed by standard 30g
fire assay with AA finish. Values greater than 500 ppb Au were redone
in duplicate by a 30g FA gravimetric finish. Assays were performed by
Laboratoire Expert Inc. in Rouyn-Noranda, Qc.

Andre C. Tessier, P.Geo. (On), P.Eng. (Qc) and President CEO of Murgor
Resources Inc. was the Qualified Person in the field and is responsible
for the preparation of this news release.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    MURGOR RESOURCES INC.
    Andre C. Tessier
    President & CEO
    (613) 546-7503 or 1-888-891-3330
    (613) 546-7318 (FAX)
    info@murgor.com
    www.murgor.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this press release.