Business
Melkior Intersects 25.7 g/t Gold (0.91 oz/ton) over 6.0 Meters, Including 102 g/t (3.6 oz/ton) Gold over 1.5 Meters. 8.7% Copper and 33.9 g/t Silver over 0.5 Meters at Carscallen
(via TheNewswire) Timmins, Ontario - TheNewswire - May 7, 2020 - Mel...
About this update from Melkior Resources Inc.
[{"type":"text","content":"Melkior Intersects 25.7 g/t Gold (0.91 oz/ton) over 6.0 Meters, Including 102 g/t (3.6 oz/ton) Gold over 1.5 Meters. 8.7% Copper and 33.9 g/t Silver over 0.5 Meters at Carscallen(via TheNewswire)\n \n \nTimmins, Ontario - TheNewswire - May 7, 2020 - Melkior Resources Inc. (\"Melkior\" or the \"Company\") (TSXV:MKR) (OTC:MKRIF) is pleased to announce results from the first two drill holes on the Carscallen Gold project located approximately 25 kilometers west of Timmins Ontario. Both holes were drilled to depths of 600 meters with the first drill hole drilled between CAR-61-2010 which intersected 4.85 g/t Au over 13.3 meters from 272.0 to 285.30 meters and CAR-19-03A which intersected 23.5 g/t Au over 8.0 meters from 426.0 to 434.0 meters (November 28, 2019 press release). The second drill hole was collared 25 meters west of drill hole CAR-19-03A to commence drill testing the strike extent of the gold system encountered in CAR-19-03A.\n\n \n \nHighlights:\n\n\n \n- The Carscallen gold project lies within the township of Carscallen, approximately 25 kilometers southwest of the town of Timmins, Ontario. It is comprised of 295 claim units covering 47 square kilometers with 100% ownership by Melkior.\n\n\n \n- The drill program consisted of 1,950 meters with the first two drill holes drilled to depths of 600 meters, and the third drill hole extended from 600 to 750 meters.\n\n\n \n- Assay results have been returned for the first two drill holes and are pending for the third drill hole with visual indications of mineralization.\n\n\n \n- CAR-20-05 intersected 25.7 g/t Au over 6.0 meters from 357.0 to 363.0 meters, including 205 g/t Au over 0.7 meters from 360.50 to 361.20 meters within mafic metavolcanics approximately 35 meters below the granodiorite contact and 350 meters vertically below surface.\n\n\n \n- Drill hole CAR-20-05 has helped to confirm the current interpretation of a significant gold-bearing epigenetic system (minerals forming later than the rocks enclosing it) that continues below the granodiorite and into the mafic metavolcanics rocks below as further verified by an earlier intercept of 51.9 g/t Au over 3.7 meters from 533 to 536.7 meters in CAR-80-2012. \n\n\n \n- CAR-20-04 intersected 4.2 g/t Au over 4.0 meters from 334.0 to 338.0 meters including 15.8 g/t Au over 1.0 meter from 337.0 to 338.0 meters. This intercep...