Author Archives: Melkior Resources

Melkior Closes Option/JV Agreement with Barrick Gold at White Lake Project

November 20, 2020 – TheNewswire – Timmins, Ontario – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF)  is pleased to announce the closing of an option and joint venture agreement with Barrick Gold Inc (“Barrick”), a wholly-owned subsidiary of Barrick Gold Corporation. Under the terms of an option agreement entered into between the Company and Barrick (the “Option Agreement”), […]

Melkior Commences High-Resolution MAG Survey at Val-d’Or in Preparation for Drilling

November 10, 2020 – TheNewswire – Timmins, Ontario – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce it will conduct a high-resolution MAG survey on the entire Val d’Or Property. This survey will be done at a low altitude using tight line spacing, which is a configuration that has seen a lot of […]

Melkior Announces Drilling Commencement of 3,800 Meters at Carscallen

October 21, 2020 – TheNewswire – Timmins, Ontario – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce through the strategic partnership with Kirkland Lake Gold Ltd (operator) the commencement of a 3,800 meter drill program on its Carscallen Project located approximately 25 kilometers west of Timmins Ontario and approximately 6 kilometers west […]

Melkior to Commence IP Ground Survey at the Val-D’Or Property

October 13, 2020 – TheNewswire – Timmins, Ontario –  Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce it will conduct an induced polarization (“IP”) geophysical ground survey on Target 4 of the Val-d’Or Property (the “Property”). The previously completed soil survey (see news release dated August 27th, 2020) defined 4 main targets […]

Melkior Announces $110 Million Option/JV Agreement with Kirkland Lake Gold to Earn up to 75% of Carscallen

Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) is pleased to announce the closing of a strategic partnership with Kirkland Lake Gold Ltd. (“Kirkland”). Under the terms of an option agreement entered into between the Company and Kirkland (the “Option Agreement”), Melkior has granted Kirkland the right to earn-in up to a 75% […]

Melkior Val d’Or Property Highest Soil Sample Returns 277ppb Gold, Closes $700,000 FT Financing at $1.15

Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce the results of its soil sampling program that was completed on July 20th 2020. From the strong gold anomalies in soils found across the property, 4 distinct targets were identified. The highest gold soil return was 277ppb gold in addition […]

Melkior Provides Update on Financing

Melkior Resources Inc.  is pleased to announce that its $1 Million financing with Kirkland Lake Gold of 1,250,000 units at $0.80 per unit, previously announced on May 20, 2020 is proceeding. The company expects it to close within the next 30 days. Jonathon Deluce, CEO of Melkior, comments: “We continue to have positive discussions with […]

Melkior Completes Till Survey on its Maseres Property and Stock Options

Melkior Resources Inc. (“Melkior” or the “Company“) (TSXV:MKR) (OTC:MKRIF) is pleased to announce that it has completed a till sampling survey on its Maseres Property. The Company will provide results once received. The survey consisted of a follow up on soil anomalies that were previously defined by the Company in 2019 (see news release dated […]

Melkior Commences Summer Program on its Val d’Or Property

Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce that it has commenced it’s summer program at the Val-d’Or Property (the “Property”). Phase 1 will consist of a soil sampling survey that will cover its entirety and will start during July 2020. The objective of the survey is to obtain local […]

Melkior Announces Carscallen Geological Model Spanning 800 Meters of Potential Strike Length

Melkior Resources Inc. (“Melkior” or the “Company“) (TSXV:MKR) (OTC:MKRIF) is pleased to announce that it has completed its first phase of Leapfrog Drill database processing which has further highlighted the potential of the high-grade gold systems Melkior is uncovering at it’s Carscallen project. Below is a plan view highlighting the Zam Zam and Shenkman Gold […]