| Melkior Resources
Inc. ("Melkior")(TSX VENTURE:
MKR) is
pleased to announce that a 2500 metre drilling
program is underway on the Launay gold property.
The Launay gold property is located approximately
100 kilometres northwest of Val-d'Or Quebec. It
has been 100% owned by Melkior since the mid 1980s.
The property has two gold deposits, the Principal
Zone and Zone 75.
The current drilling is planned
to verify and better define Zone 75. One hole
is also planned for the Principal Zone and one hole
will be drilled on the newly acquired Trojan
property.
Line cutting of 55 kilometres has
begun on the 100% owned Eldorado nickel property
located approximately 20 kilometres southeast of
Timmins Ontario. The property adjoins the Liberty
Mines Inc nickel property (ref www.melkior.com).
The line cutting grid will cover
a series of electromagnetic anomalies which will
be surveyed by geophysics and drilled to test for
possible massive sulphides. The grid is located approximately
1.5km north of the Liberty Redstone mill.
This news
release was prepared by Jens E. Hansen, P. Eng
Director and President of Melkior.
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 the Company' periodic
reports including the annual report or in the filings
made by the Company from time to time with securities
regulations. The Company undertake 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 event. |
