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Melkior Presents a Three-Dimensional Model of its Carscallen Gold Project, West Timmins Gold District, Ontario

Melkior Presents a Three-Dimensional Model of its Carscallen Gold Project, West Timmins Gold Dis...

articleMelkior Resources Inc.November 29, 20113/company/melkior-resources-inc/news/melkior-presents-a-three-dimensional-model-of-its-carscallen-gold-project-west-timmins-gold-district-ontario
Melkior Presents a Three-Dimensional Model of its Carscallen Gold Project, West Timmins Gold District, Ontario

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[{"type":"text","content":"\nMelkior Presents a Three-Dimensional Model of its Carscallen Gold Project, West Timmins Gold District, Ontario\n\nMelkior Presents a Three-Dimensional Model of its Carscallen Gold Project, West Timmins Gold District, Ontario\nOttawa, Ontario CANADA, November 29, 2011 /FSC/ - Melkior Resources Inc.  (MKR - TSX Venture), is pleased to present a three-dimensional model of the main mineralized zones on its 100% owned Carscallen property. The model was built by Terrane Geoscience Inc. in collaboration with Geovector Management Inc., based on a compilation of drill holes as well as surface data (including elevation, structural geology and trenches). The main objective was to integrate all the data into a three-dimensional view to better understand the gold distribution and to deduce its possible source.  \nThis press release presents a series of cross-sections and proposed holes for a future drilling program that will test deeper targets based on the three-dimensional model and geological interpretation.\nZamZam Zone\nAccording to the model, the ZamZam gold-bearing vein system is continuous to a depth of 320 metres, and is exposed at surface over more than 300 metres. The average thickness of the ZamZam mineralized zone is approximately 5 metres. Secondary vein systems occur sub-parallel to the ZamZam main corridor and have been intersected locally at ~ 200 metres vertical depth. These zones are open at depth, thus the potential remains to find a deeper source rock (see discussion below). Figure 1 shows a cross-section of the ZamZam area and displays the known mineralized zones and their possible extensions as well as a proposed hole to test their continuity at depth.\nAt depth, a quartz porphyry dyke occurs and it seems to be parallel to the mineralized system; however, the genetic contribution has not been demonstrated.\nTo view the map associated with Figure 1: Cross-section of the ZamZam Zone showing the best gold occurrences, projected up to 25 m onto section, please click on the following link:\nhttp://www.usetdas.com/pr/graphs1.gif  \nShenkman Zone\nSeveral sub-parallel mineralized zones have been encountered in the Shenkman area, all similar in composition (i.e. pyrite, quartz-pyrite, and pyrite-carbonate veins, hosted in granite or in underlying mafic volcanic rock). However, the grade and thic...

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