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Melkior Resources Inc.
Summary
| Project: | Carscallen | |
|---|---|---|
| Deposit: | Carscallen | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/28/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-11-2019: Melkior Resources Inc. announces an Exploration/Drilling Update report for its Carscallen deposit at the Carscallen project. Drilling results incl. 8.0m @ 23.50g/t Au from 426.0m. Timmins, Ontario. Melkior Resources Inc. (“Melkior”) (TSXV:MKR) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Caldbick (Not stated) | |
| ABSTRACT: | Timmins, Ontario. Melkior Resources Inc. (“Melkior”) (TSXV:MKR) is pleased to announce that it has received partial assay results from its recently completed Carscallen drill program, specifically, it has intersected 23.5 g/t Au over 8.0 meters from 426.0 to 434.0 meters Including 372 g/t Au over a half meter from 433.0 to 433.5 meters on the third deep hole CAR-19-03A during the fall 2019 drill campaign in Carscallen Township. The Carscallen Project is located approximately 25 km west of the town of Timmins, Ontario and 5 km west of Pan American Silver’s Timmins West Mine. The third hole was drilled in the Shenkman zone to validate and follow up on earlier deep intercepts drilled by Geovector from 2011 to 2013. An interpretation of the vein system intercept suggests that it occurs approximately 150 meters downdip of an earlier intercept in CAR-61-2010 which ran 4.84 g/t Au over 13.3 meters within the granodiorite and approximately 70 meters updip of an intercept in CAR-80-2012 which ran 51 g/t Au over 3.5 meters including 185.5 g/t Au over 1.0 meter. This intercept occurred in the underlying mafic volcanics, whilst the recent intercept in CAR-19-03A occurred within the overlying granodiorite approximately 24 meters vertically above the granodiorite/mafic volcanic contact. | |
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