| Announcement Date: | 2022-05-03 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Melkior Resources Inc. |
| Project name: | Carscallen |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 2.0m @ 13.42g/t Au from 642m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce results from 3,684 meters of drilling from the $110 million strategic investment and partnership with Agnico Eagle Mines (Previously Kirkland Lake Gold) at the Carscallen Project located approximately 25 kilometres southwest of Timmins Ontario. This program is being operated by Agnico Eagle Mines (“Operator”) under the option / joint venture announced on Sept 28, 2020. As of March 2022, there was approximately $1.3M of work commitment left to be spent by September 2022 to meet the minimum commitment. Both vein intersections in drill holes CAR-21-18 and CAR-21-19 are interpreted to be the same vein system, with CAR-21-18 intersected at approximately 280 meters vertically below surface and CAR21-19 at approximately 300 meters vertically below surface. In addition, with multiple vein intersections in CAR-21-18, these intercepts open this 300-meter gap between the two drill holes for additional drill testing and extend the ZamZam/Jowsey zones by 350 meters, which is open to the north. |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 37,000 company announcements
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Announcement Alerts and Notifications
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data