The KENTY-DELTA
UNGAVA, Nickel-copper project 49% Melkior, 51% Xstrata
Nickel has a non-compliant 43-101 resource estimate
taken from the Falconbridge 1999 annual report (817,600
METRIC TONNES, 3.05% NICKEL, 1.26% COPPER, 0.222 G/T
GOLD, 1.007 G/T PLATINUM, 1.647 G/T PALLADIUM). For
the latter project Melkior is awaiting plans from Xstrata
Nickel.
Melkior
owns 49% of the Delta nickel-copper-platinum-palladium
resource. The company began exploring the area in
1986 with its partner, Falconbridge. Geophysics and
geology suggest that the resource has potential for
expansion. Melkior plans discussions with its partner
to determine the best way to move forward. Recent
announcements by Falconbridge of major new investments
in exploration and infrastructure could enhance the
significance of Melkior's interests in the important
Raglan nickel camp.
