Category Archives: Company News

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 Closes Final Tranche of Private Placement

Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) ispleased to announce it has closed the final tranche of a non-brokered private placement (the “PrivatePlacement”) for gross proceeds of C$31,300, subject to final TSX Venture Exchange (the “TSXV”) approval. Agnico Eagle Mines has exercised its anti-dilution rights and subscribed for 156,500 common shares […]

Melkior Closes Private Placement

Timmins, ON – TheNewswire – December 23, 2022 – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce it has closed a non-brokered flow-through private placement (the “Private Placement”) for gross proceeds of C$600,000, subject to final TSX Venture Exchange (the “TSXV”) approval. Additionally, the Company announces a non-brokered private placement […]

Melkior Continues to Intersect Wide Polymetallic Sulfide Mineralization at Genex

Highlights: Visual observations on approximately 1,207 metres of drilling completed across 9 holes located within 100 metres of the historical Genex underground infrastructure.   Disseminated to semi-massive polymetallic mineralization has been intersected in all holes drilled to date ranging in width from 2.2 to40.2 metres  A new volcanogenic massive sulfide lens with associated stringer intervals […]

Melkior Intersects 2.23 g/t Gold Eq over 24.5m in GEN-22-01

Highlights: First rushed results back from GEN-22-01 intercepted 2.23 g/t Au Eq over 24.5 metres,including 3.69 g/t Au Eq over 7.78 metres  There are still 105 non-rush samples where assays are outstanding which have the potential to extend this intercept  The Company has completed its 4,000-metre drill program and will report additional results through the […]

Melkior Announces Genex 3D Model and Phase 1 Drill Targets

Highlights: Gold and base metal zones are modelled to a vertical depth of 300 metres, 300 metres down dip and 500 metres along strike.   Mineralized intervals at the limit of the model result in the Genex Zone being open in all directions.  Phase 1 of the 3,000m drill program underway will focus on infill […]

Melkior Announces Extended 6,100m Drill Program at Carscallen

Timmins, Ontario. – TheNewswire – October 4, 2022 – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce through the strategic partnership with Agnico Eagle Mines Ltd. (Previously Kirkland Lake Gold Ltd.) the expansion of the current drill program to 6,100 meters on its Carscallen Project located approximately 25 kilometers west […]

Melkior Announces October 3,000m Drill Program at Genex

Highlights: In April, Melkior announced an option agreement with International Explorers and Prospectors on the Genex gold rich VMS Project in the Timmins Camp, next to Melkior’s Carscallen Project. A drill has been secured to start in early October to follow-up and expand on strong historical results, including: IG-20-21 historical hole intercepted 2.12 g/t Au […]