Melkior Resources Inc. is pleased to announce that it has completed its first phase of Leapfrog Drill database processing which has further highlighted the potential of the high-grade gold systems Melkior is uncovering at it's Carscallen project. Below is a plan view highlighting the Zam Zam and Shenkman Gold Zones: Figure 1 Melkior Carscallen [...]
Melkior Resources Inc. is pleased to announce that it's Val-d'Or Property has been switched from a status of being a non-key asset to its list of key assets. This Property was previously named the "Vauquelin" and "Tiblemont" properties by prior management. This change in Property sentiment is triggered by the development and interest seen in the [...]
Melkior Resources Inc. believes it has discovered a new VMS hosted environment in Carscallen Township approximately 25 kilometers west of Timmins, Ontario in its recent drill program. The discovery occurred approximately 264 meters south of the current deep drilling program initiated in early March of 2020. The third drill hole, CAR-20-06 tested a [...]
Melkior Resources Inc. is pleased to announce a strategic partnership with Kirkland Lake Gold pursuant to which Melkior will raise $1,000,000 by way of a non-brokered private placement to Kirkland of up to 1,250,000 units at a price of $0.80 per unit. Each unit will be comprised of one common share of Melkior and one common share purchase warrant [...]
Melkior Resources Inc. is pleased to announce the option of 6 cell units approximately 3.2 km southwest of the recent drill program in Carscallen Township. The Carscallen project shares over 9 kilometers of border with Pan American Silver. Between December of 2010 and January 2011, Zinccorp completed a nine-hole diamond drill program totaling 1,685 [...]
Melkior Resources Inc. is pleased to announce results from the first two drill holes on the Carscallen Gold project located approximately 25 kilometers west of Timmins Ontario. Both holes were drilled to depths of 600 meters with the first drill hole drilled between CAR-61-2010 which intersected 4.85 g/t Au over 13.3 meters from 272.0 to 285.30 [...]
Melkior Resources Inc. is pleased to announce that we are awaiting the drill results of our 1,950-meter drill program at the Carscallen Project in Timmins. Our third drill hole testing the Mise-a-la-Masse target was extended from a planned 600 meters to 750 meters in total. This target can be seen below: Click Image To View Full Size The Company [...]
Melkior Resources Inc. is pleased to announce that Jonathon Deluce, who is currently a Melkior Director, will become its new Chief Executive Officer, replacing Keith James Deluce. Keith will continue to contribute to Melkior Resources in his position as a Director of the company. Melkior Resources wishes to thank Keith for his dedicated service to [...]
Melkior Resources Inc. is pleased to announce that it has commenced its second phase 1800 meter drill program in Carscallen Township. Click Image To View Full Size The first drill hole will focus on following up on drill hole CAR-19-03A, which intersected 23.5 g/t Au over 8.0 meters from 426.0 to 434.0 meters. This intercept is interpreted to be [...]
Melkior Resources Inc. is pleased to announce that effective at the opening of trading on Wednesday, February 26, the Company's share capital will begin trading on a post-consolidated basis. The consolidation, previously announced on February 10, is on the basis of one new common share for every ten old shares and the Company will have [...]
Melkior Resources Inc. is pleased to announce that it has engaged the services of Forage DCB Drilling for its second phase 1800 meter drill program in Carscallen Township that will commence on March 6th. The Company is also pleased to announce that it has appointed Jonathon Deluce as a director of the Company to fill a vacancy created by the [...]
Melkior Resources Inc. announces that its board of directors unanimously approved a consolidation of the Company's share capital on the basis of one new common share for every ten old shares. The Company's present issued and outstanding capital of 193,657,586 common shares will be reduced to approximately 19,365,759 common shares after the proposed [...]