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Melkior Intersects 60.5g/t Au, 55.6g/t Ag, and 0.13% Cu over 0.5 Meters within 14.76g/t Au over 2.1 Meters at Carscallen
(TheNewswire) Highlights: - 14.76 g/t Gold over 2...
About this update from Melkior Resources Inc.
[{"type":"text","content":"Melkior Intersects 60.5g/t Au, 55.6g/t Ag, and 0.13% Cu over 0.5 Meters within 14.76g/t Au over 2.1 Meters at Carscallen\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 Highlights:\n \n \n \n \n \n \n - 14.76 g/t Gold over 2.0 Meters (m),\nIncluding 60.5 g/t Au over 0.5m, 8.93 g/t Au over 3.0m , 6.85 g/t Au\nover 4.1m, 7.79 g/t Au over 2.0m and 6.18 g/t Au over 2.0m.\n \n \n \n \n - 71% hole hit ratio based on\nintersecting a metal factor interval of 12g/t Au or more.\n \n \n \n \n - Drilling is estimated to resume\nduring Q2 2021, with 4,000 meters currently budgeted for the remainder\nof the year.\n \n \n \n \n \n \n March 31, 2021 - 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 announce\nresults from 4,440.0 meters of drilling (5,618m program) on the\nCarscallen Gold project located approximately 25 kilometers southwest\nof Timmins Ontario.\n \n \n The total meters\nwere cut short from the previously announced 6,660-meter extension due\nto a drill permit limitation.\n \n \n \n Program Highlights:\n \n \n \n \n \n - The Carscallen gold project lies within the township of Carscallen,\napproximately 25 kilometers southwest of Timmins, Ontario. It is\ncomprised of 295 claim units covering 47 square kilometers with 100%\nownership by Melkior.\n \n \n - The drill program consisted of 5,618 meters.\n \n \n - Assay results have been returned for the first 7 holes and are\npending for the last 2 holes with visual indications of\nmineralization.\n \n \n \n \n Jonathon Deluce, CEO of Melkior, remarks, “We are excited to\nannounce our first results from the Kirkland Lake Gold Partnership at\nCarscallen. We continue to extend the Shenkman Zone to the south-east\nand demonstrate continuity to our high-grade gold system. We look\nforward to the summer field program and remaining drilling planned for\n2021.”\n \n \n \n Significant Assay Table\n \n \n \n \n \n \n \n Hole-ID\n \n \n \n \n \n \n From (m)\n \n \n \n \n \n \n To (m)\n \n \n \n \n \n \n Length (m)\n \n \n \n \n \n \n Au (g/t)\n \n \n \n \n \n \n Ag (g/t)\n \n \n \n \n \n \n Cu (%)\n \n \n \n \n \n \n Zn (%)\n \n \n \n \n \n \n \n \n CAR-20-08\n \n \n \n \n \n \n 400.5\n \n \n \n \n \n \n 401.0...