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Melkior Resources Inc.
Summary
| Project: | Carscallen | |
|---|---|---|
| Deposit: | Carscallen | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/7/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-5-2020: Melkior Resources Inc. announces an Exploration/Drilling Update report for its Carscallen deposit at the Carscallen project. Drilling results incl. 6m @ 25.7g/t Au from 357m. Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) | |
| Resources: | x | |
| CP/QP: | [Reserve]: Peter Caldbick (Not stated) | |
| ABSTRACT: | Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) 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 meters and CAR-19-03A which intersected 23.5 g/t Au over 8.0 meters from 426.0 to 434.0 meters (November 28, 2019 press release). The second drill hole was collared 25 meters west of drill hole CAR-19-03A to commence drill testing the strike extent of the gold system encountered in CAR-19-03A. In 2012, Dr. Eric Hebert, P.h.D, P.Geo of GeoVector Management Inc., intersected 3.55% Copper over 1.35 meters from 528.0 to 529.35 meters in CAR-79-2012 (March 26, 2012 press release) consisting of “stringers of copper sulphide mineralization within a chlorite-rich alteration zone.” Dr. Hebert went on to note, “the texture of sulphides and chloritic alteration suggest a VMS origin (volcanogenic massive sulphides) that may be consistent with a possible stringer zone of copper-rich VMS intersected” (March 26, 2012). | |
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