Carscallen Gold Project

Full Claim Map and Geology Below

  • Metals of interests: Gold
  • Ownership: 100 % Melkior
  • Location: 25km west of Timmins – Accessible by road all year-round
  • Surface area: 320 claim units, covering over 47 square kilometers
  • Nov 2019 drilling intersected 5g/t AU over 8 meters with 0.036% CU over 81 meters.
  • 36,000 meters of drilling completed total
  • ZamZam gold bearing zone has been traced on surface for a length of 215 metres averaging 15.97 g/t gold.
  • Preliminary metallurgical testing shows 95% gold recovery from 8.72 g/t Gold head grade material at the ZamZam zone.
  • Gold and volcanogenic massive sulfide (VMS) potential.
  • Significant gold bearing fault structures over 1 kilometer in length with surface work and drilling confirming continuity of the zones. Open on strike and at depth.

Overview

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 Porcupine Destor Fault Zone (PDFZ) and its associated splays influence the location of many of the major gold deposits in the Timmins camp and the Abitibi Greenstone belt. Timmins is also home to Kidd Creek, one of the largest VMS ore deposits in the world.

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. The project shares approximately 9 kilometres of common boundary with Lake Shore Gold Corp., a company which holds the Timmins Mine and several other promising advanced prospects and promising deposits. Access to the Project is excellent, and is via a series of roads and trails which connect to Highway 101.

In the past 6 years Melkior has completed over 33,000 meters of drilling and has revealed several high-grade gold zones located in a 1000 metre by 1000 metre corridor. The gold system has been systematically traced from surface down to depths of 400 metres. Seven gold zones are located within the property boundary; ZamZam, Shenkman, Jowsey, 1010 North and South, Mystery and Wire gold occurrence.

November 2019 Drill Results

  • Intersected 5 g/t Au over 8.0 meters from 426.0 to 434.0 meters Including 372 g/t Au over a half meter from 433.0 to 433.5 meters on the third deep hole CAR-19-03A.
  • Included in CAR-19-03A there were intercepts of .127% Copper over 6.0 meters from 467.0 to 473.0 meters and .036% Copper over 81.0 meters from 432.0 to 513.0 meters in ddh CAR-19-03A. In addition, .067% Zinc over 36 meters was intersected immediately below the anomalous copper from 513.0 to 549.0 meters in the same drill hole (see Figure 1).
  • In 2012, Dr. Eric Hebert, P.h.D, P.Geo of GeoVector Management Inc., intersected 3.55% Copper over 1.35 meters from 528.0 to 529.35 meters in CAR-79-2012 (March 26, 2012 press release) consisting of “stringers of copper sulphide mineralization within a chlorite-rich alteration zone.” Dr. Hebert went on to note, “the texture of sulphides and chloritic alteration suggest a VMS origin (volcanogenic massive sulphides) that may be consistent with a possible stringer zone of copper rich VMS intersected” (March 26, 2012). Melkior concurs with this assessment as the chalcopyrite observed in DDH CAR-19-03A consisted of chalcopyrite infilled fractures and tension gashes within a chloritic altered mafic volcanic. Of further note is the elevated anomalous zinc values encountered below the anomalous copper which may further reinforce the proximity to a VMS deposit. The Timmins district is host to VMS deposits, the most notable of which is the Kidd Creek deposit.

Geology, Zones and Claim Map