Author Archives: Melkior Resources

Ground Work Starts in Preparation for Drilling Eldorado

(French text follows) Ottawa, Ontario, March 1, 2010 – Melkior Resources Inc. (TSX Venture: MKR) (“Melkior” or the “Company”) has begun line cutting and ground geophysical surveying on seven grids designed to cover 9 separate electromagnetic conductors on its 100% owned Eldorado nickel property.  The property is contiguous with Melkior’s Shaw Twp property and consists […]

Melkior Drills 17.28 G/T Gold on the 1010 Zone and Drills Zam Zam Shenkman Hole to 731 Metres

Ottawa, Ontario, February 26, 2010 – Melkior Resources Inc. (TSX Venture: MKR) (“Melkior” or the “Company”) is pleased to report on the first 2388 metres (6 holes) of a current 10,000 metres diamond drill program on its 100% owned Carscallen Gold property, located approximately 25 kilometres west of Timmins, Ontario, 5 kilometres west of the […]

Melkior Resumed Drilling on Carscallen Gold in Timmins West

(French text follows) Ottawa, Ontario, January 29, 2010 – Melkior Resources Inc. (TSX Venture: MKR) (“Melkior” or the “Company”) resumed drilling on its 100% owned Carscallen Gold property in West Timmins on January 18th, 2010.  This is the recommencing of a 10,000 metre program planned for completion during the spring of 2010.  Three diamond drill […]

Melkior Grants 900,000 Stock Options

(French text follows) Ottawa, Ontario, January 8, 2010 – Melkior Resources Inc. (TSX Venture: MKR) (“Melkior” or the “Company”). As of December 30, 2009, Melkior’s Board of directors has approved the grant of 900,000 stock options to directors, officers and consultants at $0.36 per share exercisable for 5 years. The stock options vested on the […]

Melkior is a Major Land Holder in McFaulds and Acquires More Land

(French text follows) Ottawa, Ontario, January 14, 2010 – Melkior Resources Inc. (TSX Venture: MKR) (“Melkior” or the “Company”) has a major land position in the Mc Faulds “Ring of Fire” area which is  focussed on its 100% owned East Rim property that totals 1492 claim units or 238.7 sq kilometres.  On this project, VTEM […]

Melkior Continues West Timmins Drilling

(French text follows) Ottawa, Ontario, January 11, 2010 – Melkior Resources Inc. (TSX Venture: MKR) (“Melkior” or the “Company”) has released gold assay results for seven new holes (1959.5 metres) from its 10,000 metre ongoing diamond drill program on its 100% owned West Timmins Carscallen gold project.  The property covers 16.32 sq kilometres, is contiguous […]

Melkior Expands West Timmins Drilling and “Ring of Fire” Exploration

OTTAWA, ONTARIO – Melkior Resources Inc. (TSX VENTURE:MKR) (“Melkior” or the “Company”) is pleased to provide a budget update following its recently completed private placement which resulted in total gross proceeds in excess of $6.0 million. With cash on hand in excess of $8.0 million, the Company plans to aggressively expand its work programs as […]

Melkior Closes $6M Private Placement

OTTAWA, ONTARIO – Melkior Resources Inc. (TSX VENTURE:MKR)(“Melkior” or the “Company”) is pleased to announce the second and final closing today of a private placementwhich brings the total gross proceeds raised to $6,059,502. This financing permits Melkior to substantially advance and deepen its drilling on its promising 100% owned West Timmins Carscallen Gold property which adjoins […]

Melkior Raises $5.88 Million in First Closing of Private Placement

OTTAWA, ONTARIO – Melkior Resources Inc. (“Melkior” or the “Company”) (TSX VENTURE:MKR) is pleased to announce the first closing today of a private placement of: (i) 8,993,001 units (the “Units”) at a price of $0.30 per Unit for gross proceeds of $2,697,900 and (ii) 9,656,400 flow-through common shares (“Flow-Through Shares”) at a price of $0.33 per Flow-Through […]

Melkior Announces Private Placement

OTTAWA, ONTARIO – Melkior Resources Inc. (TSX VENTURE:MKR) (the “Company“) is pleased to announce that the TSX Venture Exchange (the “TSXV”) has conditionally accepted a brokered private placement (“Brokered Private Placement“) of up to $3,000,000 consisting of units (the “Units“) at a price of $0.30 per Unit and flow- through shares (the “Flow-Through Shares“) at […]