Melkior Resources Inc. announces that Barrick Gold Inc. has provided a termination notice with respect to the Earn-In and Joint Venture Shareholders Agreement made as of November 20, 2020, between Melkior and Barrick, which Agreement was originally announced by Melkior on Nov 20, 2020. Barrick advised Melkior that it is terminating the Agreement in accordance with its terms as of the first anniversary of the Agreement [...]
Melkior Resources is pleased to announce that it has received all 705 sample assay results from the 1,449m drill campaign at the Val D'Or Project. The results allow the Company to better define additional targets of interest that may be related to the same geological events that generated the newly defined gold and base metal anomalies found during this drill program. The program's objective was to investigate the [...]
Melkior Resources Inc. is pleased to announce an update on its summer exploration and drilling commencement for the $110 million strategic investment and partnership with Kirkland Lake Gold at the Carscallen Project located approximately 25 kilometres southwest of Timmins. This program is being operated by Kirkland Lake Gold under the option / joint venture announced on Sept. 28, 2020. As of September 2021, there was [...]
Melkior Resources Inc. is pleased to announce an update on its summer exploration and drill plans for the $110 million strategic investment and partnership with Kirkland Lake Gold at the Carscallen Project located approximately 25 kilometres southwest of Timmins Ontario. This program is being operated by Kirkland Lake Gold under the option / joint venture announced on Sept 28,2020. Summer Program: Melkior is pleased to [...]
Melkior Resources is pleased to announce that it has begun surface exploration work on its Val d'Or Property. The purpose of the survey is to follow up on the 2020 till sampling anomalies and targets. The survey includes follow-up soil sampling and prospecting on all targets except: Target 2 will be subject to prospecting only - Target 4 due to the lack of outcrops and the pending drill results from the previous drill [...]
Melkior Resources Inc. is pleased to announce that it has received $1 million in cash for the sale of its investment in IR Battery Resource and Processing. The Company before the sale, held 600,000 shares in IR Battery at a fair value of $300,000 as set out in the Company's interim financials for its most recent interim period ended February 28, 2021. Jonathon Deluce, CEO of Melkior, remarks, "We applaud the IR Battery [...]
Melkior Resources Inc. is pleased to announce the full results from 5,618.0 meters of drilling and its' renewed drill permit on the Carscallen Gold project located approximately 25 kilometers southwest of Timmins Ontario. Drill Permit: Melkior is pleased to announce a new drill permit has been awarded for the Carscallen Project, which significantly expands the prior permit that required us to cut the 6,600m drill program [...]
Melkior Resources Inc. is pleased to announce that drilling on its Val d'Or Property has been successfully completed. 1,449 m of drilling was completed, and 705 samples were obtained during the process. Multiple mineralization and alterations were discovered during this drill program which correlate well with pathfinders defined in the historical Bruell gold discovery, located 240m east of the Property. The most [...]
Melkior Resources Inc. is pleased to announce results from 4,440.0 meters of drilling on the Carscallen Gold project located approximately 25 kilometers southwest of Timmins Ontario. The total meters were cut short from the previously announced 6,660-meter extension due to a drill permit limitation. Program Highlights: - The Carscallen gold project lies within the township of Carscallen, approximately 25 kilometers [...]
Melkior Resources Inc. is pleased to announce that drilling on selected targets of the Val-d'Or Property has commenced. Following the completion of an IP survey on the western strike extension of the Bruell showing and an airborne high resolution MAG survey, the Company has defined multiple targets for its maiden drill program that target a source of the previously defined till anomalies. The drill cross-section is over [...]
Melkior Resources Inc. is pleased to announce through the strategic partnership with Kirkland Lake Gold Ltd. the expansion of the current drill program to 6,600 m on its Carscallen Project located approximately 25 km west of Timmins Ontario and approximately 6 km west of Pan American Silver's West Timmins Mine. As at the end of January, 4,611 m of drilling have been completed, with drilling still underway. Due to [...]
Melkior Resources Inc. is pleased to announce it has secured a drill and defined the main targets for its 1,500m drill program at the Val-d'Or Property. Drilling will commence in early March 2021 and we will provide further details on our final drill targets at that time. Following the completion of an IP survey on the western strike extension of the Bruell showing and an airborne MAG survey, the Company has defined [...]
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