Melkior Resources is pleased to announce the commencement of its 2024 Winter Drill Campaign at the Carscallen Gold Project. Keith Deluce, Director of Melkior Resources, stated: "Following the data review and 3D modelling exercises, we are thrilled to kick off the winter drilling program at the Carscallen Gold Project. The program will probe the [...]
Melkior Resources announces that the option agreement dated September 25, 2020 and amended on Sept 19, 2022, entered into with Kirkland Lake Gold, with respect to the Company's Carscallen Project, has been terminated. As a result, Melkior will retain 100% ownership of the Carscallen Project. Keith James Deluce, Director For more information, please [...]
Melkior Resources announces an update at its Genex Project. On Jan 31, 2024, the Company provided International Explorers & Prospectors Inc. with a formal notice of default outlining the terms of non-compliance by IEP under the option agreement dated April 19, 2022. The Agreement provides Melkior an option to acquire a 100% interest in the Genex [...]
Melkior Resources is pleased to announce that, subject to the final approval of the TSXV, the Company has closed its non-brokered private placement of $466,360 through the issuance of 2,914,750 flow-through units at $0.16 per FT Unit. Each Unit consists of one flow-through common share of the Company and one-half of a common share purchase warrant [...]
Over 59-line kilometres were covered by the exploration team using a beepmat covering an area of approximately 2.6 square kilometres. A total of 121 outcrop and erratic boulder samples were collected for assaying. Two new chalcopyrite conductive horizons were discovered located respectively at 125 metres south and over 300 metres north of [...]
Melkior Resources is pleased to announce the results from its Phase 1 Summer Prospecting Program at Genex, focused on testing surface extensions of the historical Genex deposit, currently under option from International Explorers and Prospectors. The Company embarked on an aggressive multifaceted exploration program over the course of the summer to [...]
Melkior Resources is pleased to announce the results from its Phase 1 Summer Prospecting Program at Genex, focused on testing surface extensions of the historical Genex deposit, currently under option from International Explorers and Prospectors. The Company embarked on an aggressive multifaceted exploration program over the course of the summer to [...]
Melkior Resources is pleased to provide an update on its exploration plans for the Summer and Fall across its portfolio of Projects. The Company is focused on exploration at its Genex Project in Timmins and Beschefer East in the Detour Camp , while the Carscallen Project is being operated by Agnico Eagle under the option and joint venture agreement [...]
Melkior Resources is pleased to announce it has closed the final tranche of a non-brokered flow-through and non-flow-through private placement for gross proceeds of C$144,000, subject to final TSXV approval. The Company raised a total of $803,266 with this final closing combined with the first tranche of $659,266 that closed on June 12, 2023 [...]
Melkior Resources is pleased to announce the remaining results from its maiden Melkior-operated 4,194 drill program at the Genex Project. On April 21st, 2022, the Company announced an option agreement for the Genex Project to earn 100% over 7 years from International Explorers & Prospectors Inc. The Genex Project is a polymetallic exploration [...]
Melkior Resources is pleased to announce that it has signed a Definitive Agreement to acquire 100% of the Beschefer East Project from SOQUEM Inc, an entity at arms' length to the Company. SOQUEM is a subsidiary of Investissement Québec. The Beschefer East Project is located approximately 90 km west of Matagami and 100 km north of La Sarre [...]
Melkior Resources is pleased to announce it has closed a first tranche of a non-brokered flow-through and non-flow-through private placement for gross proceeds of C$659,266, subject to final TSX Venture Exchange approval. $298,000 of the financing was provided by two directors of the Company. The Company expects to close a second tranche of [...]