Highlights: – 1,449M drill program has been completed during our maiden drill program at Val D’Or – The program targeted geophysical anomalies
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Our Flagship Asset: The Carscallen Gold Project
During the past 100 years the Timmins area has produced over 70 million ounces of gold, making it one of the richest gold camps in Canada. The 100% owned Carscallen Gold Project is located in the Abitibi Greenstone belt, 3 kilometres due north of the PDFZ and 25 kilometres west of the city of Timmins in Northeastern Ontario.
On September 29th, 2020 we announced a strategic partnership with Kirkland Lake Gold Ltd. As part of this partnership Kirkland was the right to earn-in up to a 75% interest for $110 million in exploration expenditures in the Carscallen Project through an option and JV agreements.
With industry low G&A our management and executive team have heavy insider ownership aligning themselves with shareholders.
Melkior Intersects 60.5g/t Au, 55.6g/t Ag, and 0.13% Cu over 0.5 Meters within 14.76g/t Au over 2.1 Meters at Carscallen
14.76 g/t Gold over 2.0 Meters (m), Including 60.5 g/t Au over 0.5m, 8.93 g/t Au over 3.0m , 6.85 g/t Au
Highlights: – Maiden 1,500M drill program at Val D’Or has commenced nearby recent M&A in the district – Drilling the western extension
February 24, 2021 – TheNewswire – Timmins, Ontario – Melkior Resources Inc. (“ Melkior ” or the “ Company ”) (TSXV:MKR) (OTC:MKRIF)