Author Archives: Melkior Resources

Melkior Receives Preliminary IP and High-Resolution MAG Surveys at Val-d’Or Property

January 20, 2021 – TheNewswire – Timmins, Ontario – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce it received its preliminary data for the Induced Polarization (“IP”) survey and High-Resolution Magnetic (“MAG”) surveys it completed in December 2020. The IP survey consisted of approximately 13.9 line-km along the western extension […]

Melkior Announces Extended Drill Program at Carscallen

January 5, 2021 – TheNewswire – Timmins, Ontario – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce through the strategic partnership with Kirkland Lake Gold Ltd (operator) the expansion of the current drill program to 4,500 meters on its Carscallen Project located approximately 25 kilometers west of Timmins Ontario and […]

Melkior Identifies New Targets at Maseres and Plans January 2021 Drill Program

Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce it has reevaluated its geochemical data, following a till survey completed on the Maseres Property during the summer (see news release dated July 9th, 2020). The till survey was conducted to confirm previously known soil sample anomalies defined in 2019 by the […]

Melkior Closes Option/JV Agreement with Barrick Gold at White Lake Project

November 20, 2020 – TheNewswire – Timmins, Ontario – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF)  is pleased to announce the closing of an option and joint venture agreement with Barrick Gold Inc (“Barrick”), a wholly-owned subsidiary of Barrick Gold Corporation. Under the terms of an option agreement entered into between the Company and Barrick (the “Option Agreement”), […]

Melkior Commences High-Resolution MAG Survey at Val-d’Or in Preparation for Drilling

November 10, 2020 – TheNewswire – Timmins, Ontario – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce it will conduct a high-resolution MAG survey on the entire Val d’Or Property. This survey will be done at a low altitude using tight line spacing, which is a configuration that has seen a lot of […]

Melkior Announces Drilling Commencement of 3,800 Meters at Carscallen

October 21, 2020 – TheNewswire – Timmins, Ontario – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce through the strategic partnership with Kirkland Lake Gold Ltd (operator) the commencement of a 3,800 meter drill program on its Carscallen Project located approximately 25 kilometers west of Timmins Ontario and approximately 6 kilometers west […]

Melkior to Commence IP Ground Survey at the Val-D’Or Property

October 13, 2020 – TheNewswire – Timmins, Ontario –  Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce it will conduct an induced polarization (“IP”) geophysical ground survey on Target 4 of the Val-d’Or Property (the “Property”). The previously completed soil survey (see news release dated August 27th, 2020) defined 4 main targets […]

Melkior Announces $110 Million Option/JV Agreement with Kirkland Lake Gold to Earn up to 75% of Carscallen

Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) is pleased to announce the closing of a strategic partnership with Kirkland Lake Gold Ltd. (“Kirkland”). Under the terms of an option agreement entered into between the Company and Kirkland (the “Option Agreement”), Melkior has granted Kirkland the right to earn-in up to a 75% […]

Melkior Val d’Or Property Highest Soil Sample Returns 277ppb Gold, Closes $700,000 FT Financing at $1.15

Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce the results of its soil sampling program that was completed on July 20th 2020. From the strong gold anomalies in soils found across the property, 4 distinct targets were identified. The highest gold soil return was 277ppb gold in addition […]

Melkior Provides Update on Financing

Melkior Resources Inc.  is pleased to announce that its $1 Million financing with Kirkland Lake Gold of 1,250,000 units at $0.80 per unit, previously announced on May 20, 2020 is proceeding. The company expects it to close within the next 30 days. Jonathon Deluce, CEO of Melkior, comments: “We continue to have positive discussions with […]