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 […]
Author Archives: Melkior Resources
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 […]
Highlights: Results from the first 6 holes drilled in the 4,194-meter drill program at the Genex Project GEN-22-01 intersected 0.96% Cu and 0.22g/t Au over 27.0 metres, including 2.29% Cu and 0.32g/t Au over 7.78 metres. GEN-22-04 intersected 1.14 g/t Au, 0.52% Cu, 0.36% Zn and 14.17 g/t Ag over 15.65 metres, including […]
Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce results from 6,283 meters of drilling at the Carscallen Gold Project located approximately 25 kilometres southwest of Timmins Ontario. Program Highlights: The Carscallen Gold Project lies within the township of Carscallen, approximately 25 kilometers southwest of Timmins, Ontario and borders the Genex […]
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 […]
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 […]
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 […]
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 […]
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 […]