Business
Melkior Provides Report on Future Expectations
(via TheNewswire) Timmins, Ontario / TheNewswire / October 5, 2017 - ...
About this update from Melkior Resources Inc.
[{"type":"text","content":"Melkior Provides Report on Future Expectations(via TheNewswire)\n \n \nTimmins, Ontario / TheNewswire / October 5, 2017 - Melkior Resources Inc. (\"Melkior\" or the \"Company\") is pleased to provide a summary of the Company's achievements on its properties in 2017 and the goals the Company hopes to accomplish over the next year. \n\n \n \nTimmins\n\n \n \n\n\n1.Soil samples submitted, evaluated and reported; \n\n\n\n2.Assays results from drilling pending; \n\n\n\n3.Next phase drilling; \n\n\n\n4.Acquire additional strategic claims. \n\n\n\n \n \nTimmins area projects include: Carscallen, Big Marsh, Bristol and Sewell.\n\n \n \nCarscallen: The 2017 Exploration plan has been initiated. A significant majority of the core samples submitted for analysis are outstanding. The drill program has been paused to await assays. Upon receipt of analytical data and its evaluation, it is anticipated that the 2017 Exploration Plan will be re-engaged. \n\n \n \nA significant number of soil samples from Carscallen were taken in August 2017. These samples will be submitted for trace element analysis and the subsequent evaluation used to guide additional surface work this year. It is hoped that these results, in addition to follow-up ground work, will generate additional drill targets.\n\n \n \nBig Marsh: The Big Marsh Project requires a significant amount of assessment work to maintain the group in good standing. Several options are currently being considered to keep the claim group in good standing. While no definite exploration commitments have been made, there is no current plan to let these claims lapse.\n\n \n \nBristol: Soil sampling program has been completed over a chargeability anomaly on the Bristol claim group. Samples will be analysed for trace elements and these results evaluated. Based on the analytical results, additional avenues of exploration will be assessed. Expenditures on this program will maintain the claim group in good standing for several years when the assessment report is filed in late 2017.\n\n\n \nSewell: This is a recent addition to the Timmins project group. While Sewell is not on the forefront of our exploration plans, its exploration potential is being assessed prior to budgetary commitment.\n\n \n \nUrban Quebec (map link http://www.melkior.com/maseres-gold-project/assay-results/)\n\n \n \n\n\n1.Surface samples su...