Melkior Resources Inc.

Melkior Resources is pleased to announce that an additional 45 claim units have been acquired in the White Lake Area. The claims acquired were surrounded by Melkior's pre-existing claim group. The total area of the White Lake Project is now 373 contiguous claim units. The White Lake Project is located approximately 15 km northeast of the Hemlo Gold Mine currently operated by Barrick Gold Corp.. Melkior's claim group [...]

Melkior Resources is pleased to announce that assay results from the recently completed soil sampling on its Maseres Project in the Urban-Barry Greenstone Belt, Quebec, have started to come in. Results for 92 A-Horizon soil samples out of the 862 submitted have been received, assay values range from < 1 ppb to 76 ppb gold. The Maseres Project is located about 14 km southwest of the Osisko Black Dog Deposit. The Black Dog [...]

(TheNewswire) Timmins, Ontario / TheNewswire / August 29, 2017 - Melkior Resources Inc. ("Melkior") is pleased to provide an update to ongoing exploration. Drilling on the Carscallen Project is ongoing, the drilling budget has been extended to 3,400 m. Twelve holes (1,800 m) have been completed to date. The drill program has generally been implemented as described in the 2017 Exploration Plan available on the Melkior [...]

Melkior Resources is pleased to announce that an additional 38 claim units have been acquired by staking in the White Lake Area and Bryant Township. These claims are contiguous with all previously acquired claims. The total area of the White Lake Project is now 328 contiguous claim units (12,966 acres). The White Lake Project is located approximately 15 km northeast of the Hemlo Gold Mine currently operated by [...]

Melkior Resources is pleased to announce that drilling on its Carscallen Project was initiated on July 25, 2017. The drilling, budgeted for an initial 2,700 m, is being implemented as described in the 2017 Exploration Plan available on the Melkior website. On June 2, 2017, Melkior flew a fixed wing LIDAR survey (18 points per square meter) over portions of its Carscallen claim group. This data has been received and [...]

Melkior Resources is pleased to announce that further to its news release of July 17, 2017, it has closed the sale of its 50% interest in the Launay gold property, to Beaufield Resources. Beaufield now holds a 100% interest in the Property. In consideration for the Property, Beaufield paid the Company $125,000 and issued the Company 2,500,000 common shares. Melkior retains a 1.5% net smelter royalty on the Property, half [...]

Melkior Resources is pleased to announce that it is presently onsite conducting a soil sampling program on the Maseres Project in the Urban-Barry Greenstone Belt, Quebec. The Maseres Project is located about 14 km southwest of the Osisko Black Dog Deposit. The Black Dog Project has been reported by Osisko to be a gold-silver-copper discovery in a volcanic sequence coincident with magnetic and electromagnetic anomalies and [...]

Melkior Resources is pleased to announce that it has entered into an agreement with Beaufield Resources, whereby Beaufield will purchase Melkior's 50% interest in the Launay property, thereby becoming a 100% owner of the Property. The Property is located in the Launay Township, in the Abitibi Greenstone Belt, Quebec. Under the terms of the agreement, Beaufield will pay $125,000 in cash and issue 2,500,000 common shares to [...]

Melkior Resources is pleased to announce the issuance of the Exploration Permit by the Ministry of Northern Development and Mines for the Carscallen Project, Timmins, Ontario. Drilling is expected to commence on July 19, 2017. An initial budget for 2,700 meters drilling has been allocated and is fully funded. Drilling is expected to last approximately five weeks. The 2017 Carscallen Project exploration plan expands the [...]

Melkior Resources is pleased to announce the reconnaissance program on the Maseres Project has been completed, assays are pending and an Area of Interest has been identified. Reconnaissance was focused over a substantial trend of historic airborne EM anomalies in the northeastern corner of the Maseres Project to determine if there is a correlation between gold mineralization and the "formational conductor" on the Maseres [...]