OTTAWA, ONTARIO – Melkior Resources Inc. (TSXV-MKR) (“Melkior”) is pleased to announce results from one of a two hole winter drill program on its 100% owned Carscallen gold project, located about 25 kilometres west of the city of Timmins. The property is within the prolific Timmins gold camp, within excellent infrastructure and 5 kilometres west […]
Author Archives: Melkior Resources
OTTAWA, ONTARIO – Melkior Resources Inc. (“Melkior”) (TSX VENTURE: MKR.V) is pleased to announce the start of its 2012 diamond drill program on its 100% owned Carscallen gold project, located 5 kilometres west of the Timmins Gold Deposit and the recent Thunder Creek gold discovery. The first stage of drilling involves two holes on the […]
OTTAWA, ONTARIO – Melkior Resources Inc. (“Melkior” or the “Company”) has complete assays for base metals from samples submitted from its 2011 drill program on its wholly owned McFaulds East Rim property in northern Ontario. Eight holes totalling 1768.8 metres were drilled to test a series of electromagnetic and magnetic anomalies, which were accessible during […]
Ottawa, Ontario. Melkior Resources Inc. (“Melkior“) is pleased to announce that it has completed its previously announced transaction with Green Swan Capital Corp. (“Green Swan”) (see press release dated July 14, 2011). The transaction consists of granting Green Swan the option to acquire up to an undivided 70% interest in Melkior’s Riverbank and Brokeback properties […]
OTTAWA, ONTARIO – Melkior Resources Inc. (“Melkior” or the “Company”) is pleased to note that new developments were recently announced on the properties surrounding Melkior’s 49% owned (Xstrata 51%) Kenty Lake Nickel, Copper, PGE prospect in the Ungava region of Quebec. Jilin Jien Nickel Industry Company Ventures Inc announced a request by Jilin Jien to […]
Ottawa, Ontario. Melkior Resources Inc. (“Melkior“) is pleased to announce that it has completed the closing of its previously announced private placement for aggregate proceeds of $569,000 consisting of the issuance of 5,690,000 units at a price of $0.10 per unit. Each unit is comprised of one flow-through common share and one‑half a common share […]
OTTAWA, ONTARIO – Melkior Resources Inc. (“Melkior” or the “Company”) is pleased to present a three-dimensional model of the main mineralized zones on its 100% owned Carscallen property. The model was built by Terrane Geoscience Inc. in collaboration with Geovector Management Inc., based on a compilation of drill holes as well as surface data (including […]
Ottawa, Ontario. Melkior Resources Inc. (“Melkior“) announces amendments to the terms of its previously announced private placement offering (the “Offering”). Melkior has increased the size of the Offering by up to an additional $100,000 and the units that were initially to be issued at a price of $0.125 per unit have been re-priced at $0.10 per […]
Ottawa, Ontario. Melkior Resources Inc. (“Melkior“) is pleased to announce that, subject to regulatory approval, it has agreed to extend for two years the term of the following previously issued share purchase warrants: Number of warrants Exercise price Issue Date Expiry date prior to revision Revised Expiry Date 4,496,499 0.50 December 15, 2009 December 15, 2011 December […]
Ottawa, Ontario. Melkior Resources Inc. (“Melkior“) is pleased to announce a non-brokered private placement of up to 4,000,000 units at a price of $0.125 per unit for gross proceeds of $500,000 (the “Offering”). Each unit is comprised of one flow-through common share and one‑half a common share purchase warrant. Each whole warrant entitles its holder to […]