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Melkior Announces Follow-Up Drilling on the Bonanza Gold Intersection at 1010 Zone with 77.40 g/t gold over 6.90 meters at the Carscallen Gold Property
(TheNewswire) October 6, 2025  - TheNewswire - Timmins, Ontario – Melkior R...
About this update from Melkior Resources Inc.
[{"type":"text","content":"Melkior Announces Follow-Up Drilling on the Bonanza Gold Intersection at 1010 Zone with 77.40 g/t gold over 6.90 meters at the Carscallen Gold Property\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n October 6, 2025  -\n \n TheNewswire -\n \n\n Timmins, Ontario – Melkior Resources Inc. (“Melkior” or\nthe “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce an\nupcoming follow-up exploration drill program at the Carscallen Gold\nProperty in Timmins. The 6-hole drill program has been designed with a\ntotal of approximately 1,725 meters to focus on expanding the strike\nand down-dip continuities of the NNW-SSE trend, 1010 Zone structural\ncorridor, which includes testing new gold opportunities at the\nNorthwest Prospect, all located about 25 kilometres west of the City\nof Timmins.\n \n\n\n\n Exploration Program\nHighlights\n \n\n\n\n\n\n Follow-up drilling on the discovery of a significant\nbonanza gold intercept extending the 1010 zone at depth, from hole\nMKR-24-002, which intersected 77.4 g/t gold over 6.90 meters,\nincluding 445 g/t gold over 1.20 meters at the 1010 South (Table 1,\nFigures 2-5).\n \n\n\n\n\n\n Maiden exploration drilling at the Northwest Prospect,\nan unexplored area 500m north of 1010 gold showings, which has the\nsame geophysical magnetics and IP chargeability / resistivity\nsignatures as gold mineralised zones at Carscallen Property.\n \n\n\n\n\n\n Drill holes are also being designed to follow up and\nexpand the Zam Zam and Shenkman Zones, which together represent a\ncombined strike length of over 800 metres. These zones have returned\nseveral notable historical intercepts, including:\n \n\n\n\n\n\n CAR-19-03A: 23.5 g/t Au over 8 meters\n \n\n\n\n\n\n CAR-20-05 : 25.7g/t Au over 6 meters\n \n\n\n\n\n\n CAR-71-2011 : 5.1 g/t Au over 13.25 meters\n \n\n\n\n\n\n\n\n The drill permit application for the proposed drilling\nwas filed with the Ontario Government and is waiting for approval.\n \n\n\n\n\n\n Company Director, Keith James Deluce stated:\n“Following the excellent results from the recently completed drill\ncampaign at Carscallen Property, the company is excited to announce\nfollow-up targets at 1010 Zone. The 1010 structural-mineralised\ncorridor, which includes the Northwest Prospect area, has the...