The property is located in the “Ring of Fire” exploration area of North Central Ontario, known for its semi-circular region of geological activity (registering magnetic highs, meaning dense mineralization) that has left rich mineral deposits such as nickel, copper, platinum, palladium, diamond and gold. The area has attracted various other junior exploration companies after a world-class nickel deposit was discovered in 2007.
Prior to Melkior, no exploration had ever been done on the East Rim property. This puts us in the early stages of exploration.
The East Rim property covers several gravity highs as well as conductive and magnetic anomalies, and is interpreted to be underlain by large volumes of dense mafic or ultramafic rocks that can host significant nickel copper massive sulphide occurrences. It has very similar geophysics to other nickel/chromite discoveries.