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Melkior Intersects 2.29% Copper over 7.78m in Polymetallic Sulfides at Genex
(TheNewswire) Highlights: Results from the first 6 holes drilled in the 4,194-m...
About this update from Melkior Resources Inc.
[{"type":"text","content":"Melkior Intersects 2.29% Copper over 7.78m in Polymetallic Sulfides 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 the first 6 holes drilled in the\n4,194-meter drill program at the Genex Project\n \n \n \n \n \n \n GEN-22-01 intersected\n \n \n 0.96% Cu and 0.22g/t Au over 27.0 metres,\n \n \n including\n \n \n 2.29% Cu and 0.32g/t Au over 7.78 metres.\n \n \n \n \n \n \n GEN-22-04 intersected\n \n \n 1.14 g/t Au, 0.52% Cu, 0.36% Zn and 14.17\ng/t Ag over 15.65 metres,\n \n \n including\n \n \n 5.0 g/t Au, 1.98% Cu, and 61.26 g/t Ag\nover 2.7 metres.\n \n \n \n \n \n \n Significant cobalt results were obtained:\n \n \n 0.15% Co over 9.15 metres, including 0.415%\nCo over 2.7 metres in GEN-22-04.\n \n \n \n \n \n \n Both holes successfully extended the Genex Shaft Zone\nmineralization between 25 to 100 metres to the north.\n \n \n \n \n \n \n Timmins, Ontario –\n \n \n TheNewswire – March 16\n \n \n th\n \n \n , 2023 -\n \n Melkior Resources Inc.\n(“\n \n Melkior\n \n ” or the “\n \n Company\n \n ”) (TSXV:MKR) (OTC:MKRIF)\nis pleased to announce\n \n results from the first six holes\nin its maiden Melkior-operated 4,194-metre drill program at the Genex\nProject.\n \n On April 21st, 2022, the Company announced an option\nagreement for the Genex Project to earn 100% over 7 years from\nInternational Explorers & Prospectors 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 first results demonstrated the wide development\npossibility of this type of polymetallic and VMS target with\nsignificant near-term resource potential.\n \n \n \n Program highlights include\n \n \n GEN-22-01,\n \n \n which\nintersected\n \n \n 0.96% Cu and\n0.22g/t Au over 27.0 metres,\n \n \n including\n \n \n 2.29% Cu and 0.32g/t Au over\n7.78 metres\n \n \n , successfully extending the Genex\nShaft Zone\n \n \n 50\n \n \n metres to\nthe north.\n \n \n GEN-22-04\n \n \n intersected\n \n \n 1.14 g/t Au, 0.52% Cu, 0.36% Zn and 14.17\ng/t Ag\...