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Melkior Resources Inc.
Summary
| Project: | Carscallen | |
|---|---|---|
| Deposit: | Carscallen | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-11-2017: Melkior Resources Inc. announces an Exploration/Drilling Update report for its Carscallen deposit at the Carscallen project. Drilling results incl. 0.80m @ 49.10g/t Au from 65.20m. Melkior Resources Inc. (“ Melkior ”) has received the final as | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Wade Kornik (Internal) | |
| ABSTRACT: | Melkior Resources Inc. (“ Melkior ”) has received the final assay results for all of the recently completed drilling in Carscallen Township, Timmins, Ontario. Drill hole locations and select assay results are presented below. The drilling completed so far has been conducted in general accordance with Melkior Exploration Plan 2017 ( http://www.melkior.com/wp-content/uploads/MKR-2017-Exploration-Plan.pdf ). The following sections provides a very limited discussion of the results compared to expectations, a detailed discussion is posted on the Melkior website A new gold occurrence, the Whaleback outcrop, has been established in the center of the Behemoth Zone. Samples from the outcrop assayed up to 9.5ppm gold from a silicified cataclastic zone in granite that hosts a multi-episodic quartz vein (Az290, -70E) up to 30 cm wide. Two drill holes were drilled over 100m below the trend of this new gold occurrence (CAR-17-13 and CAR-17-16). Visible gold was encountered, assay results were lower than anticipated, metallic sieve assays are going to be conducted. Also new to the Carscallen Project and within the Behemoth Zone are a series of ultramafic “dykes” that host gold mineralization and are substantially enriched in pathfinder elements. It is possible that these relatively narrow features are related to a larger and deeper intrusive, possibly in the volcanics that are expected to be present immediately below the sub-horizontal lower granite contact. | |
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