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Melkior Announces Summer & Fall Exploration Plans, Including Phase 2: 3,000M Drilling at Genex
(TheNewswire) Highlights: Summer field program is currently underway at the Gen...
About this update from Melkior Resources Inc.
[{"type":"text","content":"Melkior Announces Summer & Fall Exploration Plans, Including Phase 2: 3,000M Drilling at Genex\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 \n Highlights:\n \n \n \n \n \n \n Summer field program is currently underway at the Genex\nProject consisting of prospecting, MMI soil, Beepmat and stripping \nchannel sampling. This will target the surface footprint expansion of\nthe historical Genex deposit and better understand the mineralization\norientation for follow-up drilling.\n \n \n \n \n \n \n An estimated 3,000 meters of drilling is planned at\nGenex over the remainder of the year.\n \n \n \n \n \n \n The Company's 2022/2023 drill program succeeded in\ninfill and expansion, notably: GEN-22-01:\n \n \n 0.96% Cu 0.22g/t Au over 27.0m;\n \n \n including\n \n \n 2.29% Cu 0.32g/t Au over 7.78m.\n \n \n \n \n \n \n Soil program is planned to start at Beschefer East this\nsummer/fall to narrow down targets for a Q1 2024 drill program.\n \n \n \n \n \n \n August 9, 2023 – TheNewswire -\n \n \n Timmins, Ontario.\n \n Melkior Resources Inc. (“\n \n Melkior\n \n ” or the “\n \n Company\n \n ”) (TSXV:MKR) (OTC:MKRIF) is pleased to provide an\nupdate on its exploration plans for the Summer and Fall across its\nportfolio of Projects. The Company is focused on exploration at its\nGenex Project in Timmins and Beschefer East in the Detour Camp (QC),\nwhile the Carscallen Project is being operated by Agnico Eagle under\nthe option and joint venture agreement announced on\n \n September 28, 2020\n \n .\n \n \n Jonathon Deluce, CEO of Melkior, remarks, “This will be a very\nexciting rest of the year for Melkior as we focus on advancing Genex\nand Beschefer East while monitoring our partnership with Agnico Eagle\nat Carscallen. Our maiden drill program at Genex has proven the\nexpansion potential of the Project, and we are currently busy in the\nfield expanding the surface footprint of the historical deposit to\nprepare for our next drill program. We believe the Company is well\npositioned to benefit from the resumption of this gold and commodity\nbull market We appreciate the support of our shareholders during these\nchallenging market conditions.”\n \n \n \n Genex:\n \n \n \n \n \n The Company has commenced its ...