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TIMMINS WEST PROJECT - GOLD  
       
   

The TIMMINS WEST Project (100% owned by Melkior Resources) is located approximately 30 km west of downtown Timmins, Ontario and 6 km west of the site where Lake Shore Gold is currently developing an exploration shaft. Exploration by Melkior has located several high grade gold zones with significant results including 854 g/t from surface grab samples and chip samples of 12.7 g/t over 3.0 metres. Significant drill results to date include 19.18 g/t Au over 3.18 metres on the 1010 Zone.

The 100% owned Timmins West property was purchased from private vendors in March 2005, with the vendors retaining a 2% NSR. The initial 63 claim unit property has been expanded to 120 claim units covering 1920 hectares through staking and acquisitions. The current areas of focused exploration are within the core area of the claim group.

The Timmins West property was explored extensively in the 1930's with three exploration shafts sunk on the property in addition to several kilometres of hand trenching within this core area of the claims. Development work on the Wire Gold occurrence, located on the Timmins West property, reportedly resulted in spectacular gold mineral samples being shipped to museums and collectors. Exploration activity has been focused on these areas of historic interest, based in part on the reproducible assays obtained from historic workings, faith in the prospectors of the 1930's and the adage “where there is smoke there is fire”.

Melkior's exploration of the Timmins West property commenced in the summer of 2006, two weeks were spent on site sampling known gold occurrences.

 
   
The results of this initial phase of exploration
were very encouraging with several areas of interest
being identified and grab samples returning
up to 280 g/t gold
 
       
   

In 2006 and the winter of 2007 line cutting, ground magnetometer and induced polarization was conducted over the core area of the property. The summer 2007 exploration program was focused on developing data obtained from the IP survey results and sampling results obtained during the summer of 2006.

Mechanical stripping was conducted over anomalous areas identified by the IP survey to understand the geology related to these anomalies. Additionally mechanical and hand stripping was conducted over areas of the 1010 vein, the Mystery Shear and the Jowsey Vein. In the fall of 2007 2543 metres of NQ drilling was conducted in 23 holes to test geophysical and geologic targets which resulted in the ZamZam Zone being extended 400 metres to the south and the 1010 Vein system extended 100 metres to the north. The ZamZam and the 1010 zones are separate parallel vein systems located approximately 450 metres apart. Other vein systems in the area remain to be explored.

 
       
   

1010 Vein

The 1010 zone is named after a historic gold occurrence called the 1010 vein which in turn was named after the claim number hosting the showing. Two historic shafts dating back to the 1930's are located on the vein 70 metres apart. The 1010 Vein is a 5 to 30 cm wide multi phase quartz vein with hydrothermal alteration of wall rocks.

The mineralized vein has locally been intruded by a lamprophyre dike within a north-south trending dilation structure with a sub-vertical dip. High gold values are intimately related to higher concentrations of sulphides, primarily pyrite contained within quartz veins. Visible gold has been observed isolated within quartz, as plates on sericite within sheared sections of the vein, and on chlorite partings at the margin of the vein.

Two hundred metres of trenching and sampling have been undertaken along 320 metres of strike length. Grab samples returned assay results of up to 245.03 g/t gold along exposed vein system. Drilling on the 1010 Zone has returned 19.80 g/t Au over 3.18 metres (WKD-07-18) . At the southern end of trenching on the 1010 vein a perpendicular splay is present where the host rock is intensely silicified and mineralized over widths in excess of one metre. Assay results returned 13.2 g/t Au at the end of bedrock exposure where trenching was terminated due to thick overburden and ground water conditions.

The northern end of the 1010 vein is offset by a 10 metre wide dextral shear zone. Trenching in 2007 uncovered the 1010 extension 50 metres to the north east of the shear zone/vein intersection. Grab samples returned assay results of up to 467.00 g/t gold. Drilling on the northern extension of the 1010 Zone (WKD-07-17B) has returned 17.14 g/t Au over 1.2 metres. This hole is 200 metres north of WKD-07-18.

 
       
   

Jowsey Occurrence - 700m northeast of 1010 vein

Two pits dating from the 1930's are present at each end of this occurrence, and samples were taken at and between the historic pits. The pits, when observed were full of debris and the vein overgrown with vegetation indicating a limited exposure to sampling in the recent decades. The gold mineralization appears to be related to areas of higher sulphide concentrations in an offset shear and vein system.

The highest values were obtained at the southern extent of the pit system where the historic mining effort appeared to end. The series of grab samples was taken from vein and sulphide material that varies in width from 4cm to 30cm. Samples taken where the vein was cross cut by a small east west fault had a significant increase in sulphide content and returned assay results of up to 280.13 g/t gold.

In 2007 the Jowsey vein was further exposed by a combination of hand and mechanical trenching. The vein system was exposed intermittently over 160m along the north – south trend. Towards the northern end of the trench near a historic exploration shaft a composite grab sample returned 12.71 g/t over 1.0 metres.

 
       
   

ZamZam Zone – Shenkman Zone - 450 metres east of 1010 vein

The ZamZam Zone was discovered in the summer of 2007 during trenching aimed at identifying the source of an IP anomaly. Fifty metres of trenching was conducted along the strike of the vein which remains open at both ends. The zone is a structurally controlled hydrothermal conduit in competent intrusive host with associated quartz pyrite veining. Assays from the trench returned spectacular values in relatively narrow pyrite filled fractures of up to 843.7 g/t Au and up to 12.7 g/t Au over 3.0 metres in a chip sample. Hole WKD-07-9B drilled on the ZamZam Zone confirms depth continuity of the vein system with an intersection of 0.85 metres grading 13.1 g/t gold encountered 31 metres below the exposed vein on surface.

On strike with the ZamZam Zone and 400 metres south grab samples from the Shenkman zone returned assay results of up to 15 g/t gold. WKD-07-6B encountered the ZamZam Zone intersecting 1.00 metre grading 40.37 g/t gold 60 metres below surface. This important development extends the high grade gold system 400 metres south of the ZamZam zone and to a vertical depth of 60 metres.

 
       
       
       
       
   
       
     
     
       
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