MURGOR WORKS TO LOCATE THE SOURCE OF A 60 oz/t GOLD BOULDER AT ITS NEWLY ACQUIRED WACONICHI GOLD PROPERTY, NORTH OF CHIBOUGAMAU, QUEBEC

	    KINGSTON, ON, Nov. 11 /CNW/ - Murgor Resources Inc. (MGR: TSX-V) is
pleased to announce its acquisition of the Waconichi Gold Property, Quebec. 
The property was acquired through staking and consists of 283 claims covering
15,615 hectares, located 10 kilometers northwest of the of the Town of
Chibougamau, north-western Quebec.  The property is easily accessible by new
all-weather logging roads.
	    The property was acquired to covers a large and prospective EW-trending
shear zone north of the location where a glacial erratic boulder assaying
2,052 g/t gold (60 oz/t gold) is described; the source of which has never been
located.  A glacial erratic boulder is a piece of rock that was carried by
glacial ice over variable distances from its source in bedrock. The
description of this erratic bloulder at the Waconichi property suggests a
proximal source. The erratic boulder was discovered in 1983 and is described
as a dark chert with visible gold (no dimensions are given).
	    The EW-trending shear zone juxtaposes Archean Temiskaming-type clastic
sediments with the Archean meta-volcanic rocks of the Chibougamau Mining
District. Also associated with this shear zone are syn-volcanic intrusions,
mafic and ultramafic sills.  Despite very limited exploration in the area, the
property is host to numerous gold occurrences, including grab samples of 6.50
/t Au, 6.09 g/t Au, 3.94 g/t Au, 2.6 g/t Au and 2.4 g/t Au.  Grab samples are
selective by nature and are unlikely to represent average grades on the
property as they represent an early-stage exploration procedure.  They are,
however, indicative that gold mineralizing processes have been active on the
property.
	    "This is a very favourable and under-explored area of the Abitibi Belt,
adjacent to the prolific Chibougamau mining district." said André Tessier,
President and CEO of Murgor Resources.  "The acquisition is part of Murgor's
long term strategy of acquiring and exploring high-potential grassroots gold
properties while developing its advanced projects such as the Golden Arrow
gold mine in the Timmins area of Ontario." 
	    Earlier this month, Murgor completed a high resolution helicopter-borne
VTEM geophysical survey over the property to locate the potential gold-bearing
structures.  Over the next few months, and up to the summer of 2011, Murgor
intends to conduct a comprehensive study of the glacial geology along with
systematic till, boulder and lake sediment sampling in an effort to locate the
source of this gold-rich erratic boulder.
	    About Murgor Resources
	    Murgor Resources Inc. is a mineral exploration and development company
focused on gold, copper, and zinc deposits in Canada.  The company owns a 100%
interest in two deposits, adjacent to the Snow Lake and Flin Flon mining
districts of Manitoba, from HudBay Minerals Inc. (TSX:HBM).  Murgor is also
exploring an exceptional portfolio of gold properties in proven mining
districts of Canada, owns a 1% NSR royalty in the Barry Gold Mine and an
interest in the advanced Windfall Gold Project in Quebec.  The proposed
acquisition of the Golden Arrow Gold Mine in Ontario marks a shift of focus to
gold for the Corporation.
	    The table below shows the total 43-101 compliant resource for Murgor's
Hudvam and Wim deposits.
<<

 _________________________________________________________________________________________
|         |       | Tonnage |          Grade*    |                    Metal Content       |
|         |Project|_________|____________________|________________________________________|
|         |       |  Metric |Cu %|Zn% | Au | Ag  |   Cu (lb) |  Zn (lb) |Au (oz)| Ag (oz) |
|         |       |  Tonnes |    |    |g/t | g/t |           |          |       |         |
|INDICATED|_______|_________|____|____|____|_____|___________|__________|_______|_________|
| RESOURCE|Hudvam |  854,076|1.22|1.78|3.82|13.84| 23,007,640|33,541,359|104,930|  379,928|
|         |_______|_________|____|____|____|_____|___________|__________|_______|_________|
|         |Wim    |2,776,787|1.94|0.3 |1.88|7.53 |118,762,524|18,365,339|167,838|  672,246|
|         |_______|_________|____|____|____|_____|___________|__________|_______|_________|
|         | TOTAL |3,630,863|    |    |    |     |141,770,164|51,906,698|272,768|1,052,174|
|_________|_______|_________|____|____|____|_____|___________|__________|_______|_________|
|         |       |         |    |    |    |     |           |          |       |         |
|_________|_______|_________|____|____|____|_____|___________|__________|_______|_________|
|         |       | Tonnage |          Grade*    |                    Metal Content       |
|         |Project|_________|____________________|________________________________________|
|         |       |  Metric |Cu %|Zn% | Au | Ag  |   Cu (lb) |  Zn (lb) |Au (oz)| Ag (oz) |
|         |       |  Tonnes |    |    |g/t | g/t |           |          |       |         |
|INFERRED |_______|_________|____|____|____|_____|___________|__________|_______|_________|
|RESOURCE |Hudvam |  502,901|0.79|1.33|3.25|6.96 |  8,758,802|14,745,831| 52,548|  112,534|
|         |_______|_________|____|____|____|_____|___________|__________|_______|_________|
|         |Wim    |  445,999|1.12|0.43|2.11|5.06 | 11,012,528| 4,228,024| 30,256|   72,556|
|         |_______|_________|____|____|____|_____|___________|__________|_______|_________|
|         | TOTAL |  948,900|    |    |    |     | 19,771,330|18,973,856| 82,804|  185,090|
|_________|_______|_________|____|____|____|_____|___________|__________|_______|_________|

>>
	    *Based on a 2.0% copper equivalent cut-off grade. For statement of
resources, see Murgor Press Releases: Aug. 28, 2008 for Hudvam and Sept. 09,
2008 for Wim.
	    The technical information in this news release has been reviewed by Mr.
Andre C. Tessier, P.Geo, P. Eng, President & CEO of Murgor Resources Inc. a
qualified person in accordance with Canadian regulatory requirements as set
out in National Instrument 43-101.
	    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.
	    Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.





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	    /For further information:
	    PLEASE VISIT MURGOR'S WEBSITE AT WWW.MURGOR.COM 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: [email protected]     
Web site: www.murgor.com