Melkior Resources Inc. announces that the option agreement dated September 25, 2020 and amended on September 19, 2022, entered into with Kirkland Lake Gold Ltd. , 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 [...]
March 15 - Timmins, Ontario. Melkior Resources Inc. announces an update at its Genex Project. On January 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 [...]
December 28, 2023 - Timmins, Ontario. Melkior Resources Inc. is pleased to announce that, subject to the final approval of the TSX Venture Exchange , 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 [...]
Highlights: 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 [...]
Highlights: Results from Summer Phase 1 Prospecting Program - Timmins, Ontario - Melkior Resources Inc. 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 Inc . The Company [...]
Highlights: Results from Summer Phase 1 Prospecting Program - Timmins, Ontario - Melkior Resources Inc. 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 Inc . The Company [...]
Highlights: Summer field program is currently underway at the Genex Project consisting of prospecting - Timmins, Ontario. Melkior Resources Inc. 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 [...]
Timmins, June 27, 2023 - Melkior Resources Inc. 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 TSX Venture Exchange approval. The Company raised a total of $803,266 with this final closing combined with the first tranche [...]
Highlights: Large land package consisting of 2, June 14, 2023 - Melkior Resources Inc. 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 [...]
June 12 - Timmins, Ontario - Melkior Resources Inc. 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 [...]
June 6 - Timmins, Ontario. Melkior Resources Inc. is pleased to announce a non-brokered flow-through and non-flow-through private placement for gross proceeds of up to C$750,000, subject to final TSX Venture Exchange approval. $298,000 of the financing has been committed by two directors of the Company. The Private Placement will be flow-through [...]