Author Archives: Melkior Resources

Melkior starts drilling at the Carscallen Gold Project in Timmins, Ontario

OTTAWA, ONTARIO – Melkior Resources Inc. (TSXV – MKR) (“Melkior”) is pleased to announce the beginning of its fall drill program at the 100% owned Carscallen Gold Project in Timmins, Ontario. The drill program consists of a series of holes to extend and close off the gold mineralization on the ZamZam zone to define a […]

Melkior closes $170,000 private placement and announces new $600,000 placement

Ottawa, Ontario. Melkior Resources Inc. (“Melkior”) is pleased to announce a non-brokered private placement of up to 12,000,000 combined unit A and Unit B for maximum gross proceeds (“Gross Proceeds”) of $600,000 CAD, subject to the Corporation’s right to increase the Offering at its sole discretion. Each unit A is comprised of one flow through […]

Melkior signs memorandum of understanding with Mattagami First Nation

Ottawa, Ontario. Melkior Resources Inc. (“Melkior”) is pleased to announce it has signed a memorandum of understanding (“MOU”) with the Mattagami First Nation of Gogama, Ontario, on the Carscallen-Big Marsh- Bristol Projects in the Timmins area. Under the terms of the MOU, Melkior will issue 200,000 shares and will pay 2% of all assessment eligible […]

Melkior $750,000 financing at $0.05 with full warrant of $0.05 for 24 months

Ottawa, Ontario. Melkior Resources Inc. (“Melkior”) is pleased to announce an amendment to the non-brokered private placement of up to 15,000,000 units at a price of $0.05 per unit for gross proceeds of $750,000 previously announced on September 9, 2013. Each unit is comprised of one common share and one common share purchase warrant. Each […]

Melkior arranges a private placement of up to $750,000

Melkior Resources Inc. (“Melkior”) is pleased to announce a non-brokered private placement of up to 15,000,000 units at a price of $0.05 per unit for gross proceeds of $750,000 (the “Offering”). Each unit is comprised of one common share and one common share purchase warrant. Each whole warrant entitles its holder to purchase one additional […]

Melkior announces two year extension for warrants

Ottawa, Ontario. Melkior Resources Inc. (“Melkior”) is pleased to announce that, subject to regulatory approval, it has agreed to extend and reprice for one year the term of the following previously issued share purchase warrants: Number of warrants Exercise price Revised Exercise Prise Issue Date Expiry date prior to   revision Revised Expiry Date 602,000 0.30 […]

Melkior Reports 95% Gold Recovery From Preliminary Metallurgical Testing, Carscallen

OTTAWA, ONTARIO – Melkior Resources Inc. (TSXV – MKR) (“Melkior”) is pleased to announce that it has received positive gold metallurgical results from its Initial Metallurgical Study for the Carscallen Gold Project in Timmins, Ontario.  A composite of mineralized samples from the ZamZam zone was sent to Activation Laboratories for preliminary metallurgic testing to assess […]

Melkior Surface Sampling Extends ZamZam Zone at Carscallen Gold Project

OTTAWA, ONTARIO – Melkior Resources Inc. (TSXV – MKR) (“Melkior”) is pleased to report results from its surface sampling program at Carscallen Gold project in Timmins, Ontario.  In May 2013 Melkior sampled four zones at Carscallen which averaged 70.18 (Jowsey), 15.97 (ZamZam), 30.21 (1010) and 0.34 (Shenkman) g/t gold.  The purpose of the program was […]

Melkior Announces Two Year Extension of Warrants

Ottawa, Ontario. Melkior Resources Inc. (“Melkior“) is pleased to announce that, subject to regulatory approval, it has agreed to extend and reprice for one year the term of the following previously issued share purchase warrants: Number of warrants Exercise price Revised Exercise Price Issue                Date Expiry date prior to revision Revised Expiry Date 1,300,000 0.25 […]

Melkior Samples New Zone Averaging 1.95g/t Gold at Surface at Launay

OTTAWA, ONTARIO – Melkior Resources Inc. (TSXV – MKR) (“Melkior”) is pleased to report results from a May 2013 follow-up sampling program on its 100% owned Launay gold project in the Abitibi region of Quebec. The work has yielded important new and encouraging surface results.  Recent modeling using all existing data including holes from the […]