09:38 EDT Thursday, April 21, 2011

Up to 55 meters of 2.18 g/t in this round of drilling

KINGSTON, ON, April 21 /CNW/ - Murgor Resources Inc. (MGR: TSX-V) is pleased to announce that it has received the results from an additional three drill holes of its Phase #1 drilling at the Golden Arrow Gold project, located 65 kilometres east of Timmins, Ontario. The holes are all located on section 150S and tested the gold mineralized zone up to 100 meters below the open pit floor of the Golden Arrow Mine (140 meters below surface). Please see the section attached to this press release at www.murgor.com.

Drill results to date, from Section 150S are shown below (results from A10-04 were released previously):

* True widths = 60-75% of reported core lengths.

** Missing core between 66.2 and 69.2 meters not included in core length.

Please note that all mineralized intercepts are reported uncut since less than 0.5% (11 assays out of 2306 in Murgor's total drill program to date) of assay results are greater than 10 g/t (no assay greater than 20 g/t Au).

"Our drill program continues to show the continuity of the gold zone with consistent gold grades and thicknesses." said André Tessier, President and CEO of Murgor Resources. "We continue to be very pleased with these great results as more gold ounces are being defined adjacent to the current open pit. This is excellent news as gold prices rally above the $1,500/oz mark. The drill program is progressing well and we expect a continuous flow of results beyond the summer of 2011."

The syenite-hosted gold mineralization consists of a stockwork of quartz veins and veinlets enclosed in a halo of pink to brick-red potassic alteration with 2-3% disseminated pyrite. The style of the gold mineralization is similar to the syenite-hosted gold mineralization at the Young-Davidson Mine some 50 kilometers south of Golden Arrow where Northgate Minerals Corp. has now defined reserves in excess of 2.8M ounces gold at similar grades (Northgate Minerals Corp. 43-101 Technical Report, Jan. 23, 2009 available on SEDAR).

Murgor's complete drilling results from 2010 and 2011 at Golden Arrow were announced in news releases dated February 10, 2011 and April 7th, 2011. On February 4th, 2011, Murgor signed a definitive agreement with Victoria Gold Mines (East Timmins) Ltd to acquire an interest of up to 70% in the Golden Arrow Gold Mine property.

Gold analyses reported in this release were performed by standard fire assay using a one assay ton aliquot with a gravimetric finish. All assays were performed by Activation Laboratories Ltd, in Timmins, Ontario. Sampling and analytical procedures are subject to Murgor's comprehensive Quality Assurance and Quality Control program. The QA-QC program, includes duplicate samples, blanks and analytical standards.

About the Golden Arrow Gold Mine:

The Golden Arrow property consists of 17 mining patents and leases, and four mining claims covering 723 hectares in Hislop Township and located 65 kilometers east of the Town of Timmins in Ontario. In 1981 and 1982, a total of 279,593 tons of ore was mined at a grade of 0.061 oz/t (2.09 g/t) from the Arrow open pit. Mining ceased due to low gold prices.

The property was originally explored underground in the 1940s to by the Golden Arrow Mining Company Ltd. who sank a shaft to a depth of 435ft (130m) below surface and undertook about 700m of horizontal development on the 250ft (76m) and 400ft (122m) levels.

The Golden Arrow property is underlain by mafic flows and syenite intrusions with younger post mineral diabase dikes. Gold mineralization is generally hosted within a syenite intrusion and consists of a stockwork of quartz veinlets situated within a broader halo of pink to brick-red potassic alteration. Mineralized zones are related to a NE-SW structure associated with the Porcupine-Destor Fault Zone. The property covers a two kilometre strike extent of this NE-SW structure. The Golden Arrow gold deposit is located 9 km SW of the past-producing Ross Gold Mine which produced nearly one million ounces of gold between 1936 and 1989. Also located in Hislop Twp are the presently producing Hislop Mine of St. Andrew Goldfields Ltd. and the Black Fox Mine of Brigus Gold Corp. Please visit www.murgor.com for additional information about the Golden Arrow Gold Mine.

About Murgor Resources

Murgor Resources Inc. is a mineral exploration and development company focused on near-term production at the Golden Arrow Gold Mine in Ontario. Murgor also owns a 100% interest in two gold-copper deposits in the Snow Lake and Flin Flon mining districts of Manitoba. The company further owns an exceptional portfolio of gold properties in proven mining districts of Canada, as well as a 1% NSR royalty in the Barry Gold Mine and the Windfall Gold Project in Québec.

The table below shows the total 43-101 compliant resource for Murgor's Hudvam and Wim deposits.

* 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. John Reddick, P.Geo, a qualified person in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and responsible for the supervision of the project.

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.

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