Kingston, Ontario, February 12, 2009 - Murgor Resources Inc. (MGR: TSX-V) today announced it will start a drilling program at its Fon property in Saskatchewan, on February 23rd, 2009.  The drilling program will be testing a target defined by a large electromagnetic geophysical anomaly detected from surface by InfinitEM and confirmed by borehole Pulse EM method.   The anomaly is located less than 100 metres on strike and to the east of the Abbott Lake deposit, at a vertical depth of 400 metres.  This anomaly is interpreted as having a strike extent of 600 metres and a vertical extent of up to 200 metres. It occurs down dip from a highly prospective mineralized felsic fragmental rock unit, similar in character to felsic units present at the 777 mine.  The Abbott Lake mineralization consists of sulphide stringers with pyrite, chalcopyrite and sphalerite, grading on average 2.75% Cu, 1.10% Zn, 51.08 g/t Ag and 0.308 g/t Au.  The stringer zone is believed to represent the feeder zone to a deeper and yet to be discovered massive sulphide deposit which constitutes the drill target. 

About the Fon Property:  The Fon property is located in north-eastern Saskatchewan, approximately 40 kilometres west of the town of Flin Flon, Manitoba and two kilometres south of Highway 106.  Murgor is earning a 100% interest from HudBay Minerals, in approximately 24 square kilometres of property where the Fon and Abbott Lake deposits are located.   To earn a 65% buyback on the property, HudBay must bring the deposit into production and finance Murgor's share of development and capital expenditures to production.  An additional 14.4 square kilometre area of the property is wholly owned by Murgor.

The Fon deposit comprises multiple mineralized lenses occurring over a strike length of 1.3 kilometres, a depth extent of at least 760 metres, and where the current NI 43-101 compliant Inferred resource is as follows (see SEDAR for complete study):

In other news:  Murgor's Board of Directors has amended Murgor's 2004 Stock Option Plan by increasing the number of shares that may be issued under the Plan from 997,526 to 4,114,056, in light of the increased number of Murgor's issued and outstanding shares since the establishment of the Plan.  Murgor has received all regulatory approvals for the amendment to the 2004 Stock Option Plan.

The total number of shares that can be issued by Murgor under the 2004 Stock Option Plan, as amended, is equal to 10% of Murgor's 41,140,560 issued and outstanding shares.

Murgor's Board of Directors has also granted 2,576,005 stock options to directors, officers and employees of the Corporation.  The options were granted under Murgor's 2004 Stock Option Plan.  The exercise price of the options is $0.10 per share, representing a 20% premium over the closing price of Murgor's common shares on the TSX Venture Exchange on January 5, 2009.  After the aforementioned grant of options, the average exercise price of Murgor's incentive stock options is at $0.30.

Furthermore, the exercise price of the 40,000 options granted and announced on January 9th, 2009 has been corrected to $0.10 instead of the previously announced $0.08.

About Murgor Resources

Murgor Resources Inc. is a mineral exploration and development company focused on copper, zinc and gold deposits.  Late in 2006, the company signed agreements with HudBay Minerals (TSX:HBM), acquiring the right to earn a 100% interest in three deposits, adjacent to the Snow Lake and Flin Flon, Manitoba mining districts.  The exploration targets for Murgor consist of polymetallic massive sulphide deposits in one of the most prolific greenstone belts in Canada and the world.

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

                      For statement of resources, see Murgor Press Releases: Feb 20,2007 for Fon; Aug 28, 2008 for Hudvam and Sep 09, 2008 for Wim.