Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) is pleased to announce a strategic partnership with Kirkland Lake Gold (“Kirkland”)
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Our Flagship Asset: The Carscallen Gold Project
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 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.
On September 29th, 2020 we announced a strategic partnership with Kirkland Lake Gold Ltd. As part of this partnership Kirkland was the right to earn-in up to a 75% interest for $110 million in exploration expenditures in the Carscallen Project through an option and JV agreements.
With industry low G&A our management and executive team have heavy insider ownership aligning themselves with shareholders.
Melkior Intersects 25.7 g/t Gold (0.91 oz/ton) over 6.0 Meters, Including 102 g/t (3.6 oz/ton) Gold over 1.5 Meters. 8.7% Copper and 33.9 g/t Silver over 0.5 Meters at Carscallen
Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce results from the first two drill holes