Author Archives: Melkior Resources

Melkior Resources Extends Genex Copper System at Surface

Mr. Jonathon Deluce reports: Highlights: Over 59-line kilometres were covered by the exploration team using a beepmat covering an area of approximately 2.6 square kilometres.  A total of 121 outcrop and erratic boulder samples were collected for assaying.  Two new chalcopyrite conductive horizons were discovered located respectively at 125 metres south and over 300 metres […]

Melkior Resources Yields up to 12.6% Copper, 43.9 g/t Gold and 13.1% Zinc in Phase 1 Prospecting at Genex

Mr. Jonathon Deluce reports: Highlights: Results from Summer Phase 1 Prospecting Program, where 103 samples were collected through chip and float sampling on outcrops and historical trenches/blast sites focused on extension targets.  10 rock chip samples yielded greater than 1% copper, with 4 samples above 2% copper (Outcrop or trench wall)  Sample F213572 assayed 12.6% […]

Melkior Resources Announces Summer & Fall Exploration Plans, Including Phase 2: 3,000M Drilling at Genex

Mr. Jonathon Deluce reports: Highlights: Summer field program is currently underway at the Genex Project consisting of prospecting, MMI soil, Beepmat and stripping channel sampling. This will target the surface footprint expansion of the historical Genex deposit and better understand the mineralization orientation for follow-up drilling. An estimated 3,000 meters of drilling is planned at […]

Melkior Resources Closes Final Tranche of Oversubscribed Private Placement

Timmins, Ontario – TheNewswire – June 27, 2023 – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce it has closed the final tranche of a non-brokered flow-through and non-flow-through private placement (the “Private Placement”) for gross proceeds of C$144,000, subject to final TSX Venture Exchange (the “TSXV”) approval. The Company raised a total of $803,266 […]

Melkior Resources Intersects 0.75% Copper over 8.45m Extending the Genex System 200m North

Mr. Jonathon Deluce reports: Highlights: Final results from the successful maiden (Melkior operated) 4,194-meter drill program at the Genex Project GEN-22-24 and GEN-22-25 highlight the expansion potential 200 metres northwest of the historical Genex mine GEN-22-24 intercepted 0.75% Cu, 12.08 g/t Ag over 8.45 metres, including 1.48% Cu and 22.03 g/t Ag over 2.4 metres GEN-22-25 […]

Melkior Resources Enters Definitive Agreement for Beschefer East Project

Mr. Jonathon Deluce reports: Highlights: Large land package consisting of 2,906 hectares within the prolific Selbaie Camp; located 14 east and 45 km north, respectively, of the Selbaie and Casa Berardi Mines, 30 km from Wallbridge’s Fenelon Gold Deposit which hosts an indicated resource of 21.6 Mt at 3.4 g/t Au and 7 km east of SOQUEM’s […]

Melkior Resources Closes Private Placement

June 12, 2023 – TheNewswire – Timmins, Ontario – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce it has closed a first tranche of a non-brokered flow-through and non-flow-through private placement (the “Private Placement”) for gross proceeds of C$659,266, subject to final TSX Venture Exchange (the “TSXV”) approval. $298,000 of the financing […]

Melkior Resources Announces Private Placement

June 6, 2023 – TheNewswire – Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce a non-brokered flow-through and non-flow-through private placement (the “Private Placement”) for gross proceeds of up to C$750,000, subject to final TSX Venture Exchange (the “TSXV”) approval. $298,000 of the financing has been committed by two directors […]

Melkior Resources Continues to Intersect High-Grade Copper with 3.35% Cu over 6.0m in Expansion Drilling at Genex

Mr. Jonathon Deluce reports: Highlights: Results from seven holes drilled in the 4,194-meter drill program at the Genex Project. GEN-22-12 intersected 3.35% Cu, 0.46g/t Au and 9.6 g/t Ag over 6.0 metres, extending the shaft zone to the south. Mineralization encountered in GEN-22-12 is hosted in volcanogenic sulfides, opening a new southward down-dip satellite zone. GEN-22-07 intercepted […]

Melkior Resources Intersects 2.29% Copper over 7.78m in Polymetallic Sulfides at Genex

Highlights: Results from the first 6 holes drilled in the 4,194-meter drill program at the Genex Project   GEN-22-01 intersected 0.96% Cu and 0.22g/t Au over 27.0 metres, including 2.29% Cu and 0.32g/t Au over 7.78 metres.   GEN-22-04 intersected 1.14 g/t Au, 0.52% Cu, 0.36% Zn and 14.17 g/t Ag over 15.65 metres, including […]