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Melkior Announces Carscallen Geological Model Spanning 800 Meters of Potential Strike Length
(via TheNewswire) June 26, 2020 - TheNewswire - Timmins, Ontario - M...
About this update from Melkior Resources Inc.
[{"type":"text","content":"Melkior Announces Carscallen Geological Model Spanning 800 Meters of Potential Strike Length(via TheNewswire)\n \n \nJune 26, 2020 - TheNewswire - Timmins, Ontario - Melkior Resources Inc. (\"Melkior\" or the \"Company\") (TSXV:MKR) (OTC:MKRIF) is pleased to announce that it has completed its first phase of Leapfrog Drill database processing which has further highlighted the potential of the high-grade gold systems Melkior is uncovering at it's Carscallen project. Below is a plan view highlighting the Zam Zam and Shenkman Gold Zones:\n\n \n \nFigure 1 Melkior Carscallen Drill Plan with Recent and Historical Drilling showing high-grade intercepts (>25g/t). Stated lengths are core lengths as drilled. True widths are estimated to be 80% of reported core length intervals. \n\n\n \n\nClick Image To View Full Size\n\n \n \nFigure 1 Highlights:\n\n\n \n\n\n- 800-meter potential NW-SE striking gold system open in each direction. \n\n\n\n- The Zam Zam and Shenkman zones possess strikingly similar vein geometries and grade concentrations and may be part of a larger gold system that encompasses a strike length of 800 meters. \n\n\n\n- Between the Zam Zam and Shenkman zones lies approximately 375 meters, which has been relatively untested to date.\n\n\n\n \n \nFigure 2 Carscallen Composite Longitudinal Looking Northeast with Historical and Recent Drill Intercepts. Stated lengths are core lengths as drilled. True widths are estimated to be 80% of reported core length intervals.\n\n\n \n\nClick Image To View Full Size\n\n \n \nFigure 2 Highlights:\n\n\n \n\n\n- There is a strong continuity of mineralized zones both in thickness and in grades that occur throughout the Zam Zam and the Shenkman Zone.\n\n\n\n- Drill hole CAR-20-06, collared 220 meters south of the Shenkman Zone to test a geophysical conductor, intersected 5.6 g/t gold and 6.4 g/t silver over 9.5 meters, including 0.5 meters of 67.9 g/t gold, 79.8 g/t silver, 0.62% copper and 0.27% zinc ( May 21, 2020 press release) within rock types believed to be consistent with a possible volcanogenic massive sulphide (VMS) environment. Stated lengths are core lengths as drilled. True widths are estimated to be 80% of reported core length intervals.\n\n\n\n- This drill hole effectively expanded the strike extent of the Zam Zam/Shenkman gold zones by 125 meters.\n\n\n\n \n \nFigure 3 Section ...