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Melkior - Denton UAV-MAG(TM) Survey Completed
(via TheNewswire) Timmins, Ontario / TheNewswire / June 14, 2019 / M...
About this update from Melkior Resources Inc.
[{"type":"text","content":"Melkior - Denton UAV-MAG(TM) Survey Completed(via TheNewswire)\n \n \nTimmins, Ontario / TheNewswire / June 14, 2019 / Melkior Resources Inc. is pleased to announce that the detailed magnetic maps for the Denton Project have been received. A compilation and interpretation map has been compiled, it is available for download at:\n\n \n \nhttp://www.melkior.com/rch-content/uploads/Denton_Drone_Mag_Survey_2019.pdf \n\n \n \nThe new magnetic map, considered with other relevant geological information, indicates that the Denton Project may have considerable gold potential. Published geological maps indicate that the Porcupine Destor Fault Zone (PDFZ) crosses the southern portion of the claim group, the PDFZ is intersected by a converging sequence of ultramafic volcanic units. Of special interest is a series of MDI occurrences that extend from the Denton Project northeasterly towards the Tahoe Canada/ Lakeshore Mine. This potential mineralized trend from the Denton Project to the northeast lies exclusively within the land holdings of Tahoe Canada. One Tahoe's last exploration projects in Timmins West, before their curtailing of exploration due to problems in Guatemala, was located six kilometers northeast of the Denton Project (yellow dots on the compilation map). Tahoe Canada drilled a fence of holes over the area that hosts historic Mineral Deposit Inventories: MDI42A05SE00041, MDI42A05SE00059, MDI42A05NE00114, MDI42A05SE00054. These MDI's highlight the occurrence of gold mineralization associated with the contact of ultramafic, mafic volcanic rocks and hematized feldspar porphyries, locally with gold mineralization. A review of the MDI files and their locations indicates that this association continues unabated to the boundary of the Denton Project. Interested parties are encouraged to download and review the above Map that highlights this information.\n\n \n \nMelkior is extremely encouraged the magnetics survey validates the ultramafic trend. The presence of the PDFZ on the southern portion of the claim group in conjunction with the MDI trend illustrates the high exploration potential of the Denton project. The potential for gold mineralization associated with the contacts between mafic, ultramafic units and feldspar porphyries appears to extend mineralization similar to the Rusk Zone at the Tahoe mine towards the Denton Project.\n...