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Melkior Continues to Intersect High-Grade Copper with 3.35% Cu over 6.0m in Expansion Drilling at Genex
(TheNewswire) Highlights: Results from seven holes drilled in the 4,194-meter d...
About this update from Melkior Resources Inc.
[{"type":"text","content":"Melkior Continues to Intersect High-Grade Copper with 3.35% Cu over 6.0m in Expansion 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 Results from seven holes drilled in the 4,194-meter\ndrill program at the Genex Project.\n \n \n \n \n \n \n GEN-22-12 intersected\n \n \n 3.35% Cu, 0.46g/t Au and 9.6 g/t Ag over\n6.0 metres, extending the shaft zone to the south.\n \n \n Mineralization encountered in GEN-22-12 is hosted in\nvolcanogenic sulfides, opening a new southward down-dip satellite\nzone.\n \n \n \n \n \n \n GEN-22-07 intercepted 27.3 metres of zinc-rich\nmineralization, including\n \n \n 1.11% Zn over 8.1 metres\n \n \n . This stringer zone\nmineralization extends the Genex structure to the southwest.\n \n \n \n \n \n \n These results, combined with our first batch announced\non\n \n \n \n March 16\n \n \n \n \n th\n \n \n \n , (GEN-22-01:\n \n \n 0.96% Cu and 0.22g/t Au over 27.0\nmetres\n \n \n , including\n \n \n 2.29% Cu and 0.32g/t Au over 7.78\nmetres\n \n \n ) demonstrate the expansion potential to\nthe north and south of the historical Genex Deposit.\n \n \n \n \n \n \n Timmins, Ontario –\n \n \n TheNewswire – May 9, 2023 -\n \n Melkior Resources Inc. (“\n \n Melkior\n \n ” or the “\n \n Company\n \n ”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce\n \n results from seven holes in its maiden Melkior-operated\n4,194-metre drill program at the Genex Project.\n \n On April\n21st, 2022, the Company announced an option agreement for the Genex\nProject to earn 100% over 7 years from International Explorers &\nProspectors Inc (\n \n see news release dated April 21, 2022\n \n ). The Genex\nProject is a polymetallic exploration target with near-term resource\npotential based on a high density of historical drilling around the\nformer Genex deposit, which is located from surface down to 100 metres\nin depth. These results continued to demonstrate the wide development\npotential of this type of polymetallic and VMS target.\n \n \n \n Program highlights include\n \n \n GEN-22-12,\n \n \n intersecting\n \n \n 3.35%\nCu, 0.46g/t Au and 9.6 g/t Ag over 6.0 metres,\n \n \n possibly extending the Genex Shaft Zone to the south.\n \n \n GEN-22-07\n \n \n...