Murra Gold Property is located in the northern (Murra) district of the San Albino-Murra Gold Property, Nicaragua.

A continuous channel sample over the entire width of the Mina Estrella adit returned the following results:
  • 10.5 metres of 24.75 g/t Au
  • Including:
    • 1.1 metres of 112.09 g/t Au and
    • 0.7 metres of 176.18 g/t Au
Mina Estrella, an old artisanal underground working, was previously sampled, returning an average of 62.34 g/t gold over 3.0 metres (see news release dated September 8, 2010). This included 1.0 metre of 54.14 g/t gold, 1.0 metre of 23.41 g/t gold and 1.0 metre of 109.47 g/t gold. High-grade results received from the first phase exploration program were followed up by a second program comprised of continuous channel sampling over the entire width of the mineralized zone.

Within the Mina Estrella adit, the main vein is 5.0 metres wide, averaging 26.47 g/t gold. It is one of three exposed quartz veins that intrude into the chlorite schist host rock. These quartz veins, as well as the other quartz veins mapped within the Murra District are similar in style and chemistry to those at the San Albino Mine in the southern district. Most of the veins consist of drusy, white quartz with manganese and iron oxide. The chlorite schist often contains quartz veinlets, several centimeters wide, which carry significant gold mineralization. Mineralized veins within the Murra District are substantially wider (five metres or more) and steeper dipping (subvertical) than the veins in the southern, San Albino District.