| Melkior Resources
Inc. ("Melkior")(TSX VENTURE:
MKR )is pleased to announce the acquisition by staking
of a 100% interest in 247 claim units (3952 hectares)
in the eastern portion of the Beardmore-Geraldton-Long-Lac
gold exploration area. Significant exploration success
by Kodiak Exploration Ltd and others has attracted
renewed interest in this camp which hosts numerous
former gold producers.
The claims cover mapped volcanic
and sedimentary units located approximately 15km
east of Long Lac. An airborne electromagnetic
survey conducted by the Ontario Geological Survey
of the Geraldton-Long Lac area in 1988 was used as
basis for the staking. Geological rock formation
contacts, structures and electromagnetic anomalies
were covered by the Melkior staking.
Melkior will
evaluate previous exploration work and results
by others on the newly acquired claims and on adjacent
properties in planning a 2008 gold exploration
program.
This news release was prepared
by Jens E. Hansen, P. Eng, President Melkior Resources
Inc., a Qualified Person under NI 43-101.
This press
release may contain forward-looking statements
that are subject to known and unknown risks and uncertainties
that could cause actual results to vary materially
from targeted results. Such risks and uncertainties
include those described in Melkior's periodic reports
including the annual report or in the filings made
by Melkior from time to time with securities regulations.
Melkior undertakes no obligation to publicly release
the result of any revision of these forward-looking
statements to reflect events or circumstances after
the date they are made or to reflect the occurrence
of unanticipated events. |
