March 15, 2024 – TheNewswire – Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) announces an update at its Genex Project. On January 31, 2024, the Company provided International Explorers & Prospectors Inc. (“IEP”) with a formal notice of default outlining the terms of non-compliance by IEP under the option agreement dated April 19, […]
Category Archives: Genex Project
Mr. Jonathon Deluce reports: Highlights: Over 59-line kilometres were covered by the exploration team using a beepmat covering an area of approximately 2.6 square kilometres. A total of 121 outcrop and erratic boulder samples were collected for assaying. Two new chalcopyrite conductive horizons were discovered located respectively at 125 metres south and over 300 metres […]
Mr. Jonathon Deluce reports: Highlights: Results from Summer Phase 1 Prospecting Program, where 103 samples were collected through chip and float sampling on outcrops and historical trenches/blast sites focused on extension targets. 10 rock chip samples yielded greater than 1% copper, with 4 samples above 2% copper (Outcrop or trench wall) Sample F213572 assayed 12.6% […]
Mr. Jonathon Deluce reports: Highlights: Summer field program is currently underway at the Genex Project consisting of prospecting, MMI soil, Beepmat and stripping channel sampling. This will target the surface footprint expansion of the historical Genex deposit and better understand the mineralization orientation for follow-up drilling. An estimated 3,000 meters of drilling is planned at […]
Mr. Jonathon Deluce reports: Highlights: Final results from the successful maiden (Melkior operated) 4,194-meter drill program at the Genex Project GEN-22-24 and GEN-22-25 highlight the expansion potential 200 metres northwest of the historical Genex mine GEN-22-24 intercepted 0.75% Cu, 12.08 g/t Ag over 8.45 metres, including 1.48% Cu and 22.03 g/t Ag over 2.4 metres GEN-22-25 […]