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Melkior Resources Commences over 3,000 Meter Drill Program on the Bonanza Gold Zones of 1010 and Zamzam-Jowsey Prospect at the Carscallen Gold Property in Timmins, Ontario

(TheNewswire)                       ...

articleMelkior Resources Inc.April 24, 20265/company/melkior-resources-inc/news/melkior-resources-commences-over-3000-meter-drill-program-on-the-bonanza-gold-zones-of-1010-and-zamzam-jowsey-prospect-at-the-carscallen-gold-property-in-timmins-ontario
Melkior Resources Commences over 3,000 Meter Drill Program on the Bonanza Gold Zones of 1010 and Zamzam-Jowsey Prospect at the Carscallen Gold Property in Timmins, Ontario

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[{"type":"text","content":"Melkior Resources Commences over 3,000 Meter Drill Program on the Bonanza Gold Zones of 1010 and Zamzam-Jowsey Prospect at the Carscallen Gold Property in Timmins, Ontario\n(TheNewswire)\n                            \n                                             \n                                   \n\nApril 24, 2026 – TheNewswire - Timmins, Ontario – Melkior Resources Inc. (“Melkior” or\nthe “Company”) (TSXV: MKR) (OTC: MKRIF) is pleased to announce the\ncommencement of the 10-Holes Drilling Program totalling over 3,000\nmeters at its 100%-owned Carscallen Gold Project approximately 25\nkilometres west of the City of Timmins. \n\n\nExploration Highlights \n\n\n\n\nThe 10-holes drill program will focus on the expanding\nthe high-grade gold zones at 1010 South, 1010 North, Zamzam and Jowsey\nGold showings from historical drill holes. One (1) drill hole will\nalso test new gold opportunities at the Northwest Prospect - an\nunexplored area 500m north of 1010 North zone, which has the same\nmagnetics and IP chargeability / resistivity response to other gold\nmineralised areas at Carscallen (Table 1, Figures 2-4).  \n\n\n\n \n\n\n\nThe proposed four (4) hole drilling with a combined\ntotal of 1,250 meters at the 1010 North and 1010 South zones will test\nthe lateral and vertical extents of the bonanza grade gold\nintersection from hole MKR-24-002, which intersected 77.4 gpt gold\nover 6.90 meters, including 445.0 gpt gold over 1.20 meters at the\n1010 South.  \n\n\n\n \n\n\n\nThe addition of five (5) holes fence drilling program\nwith an aggregate total meter of 1,630 at the Zamzam-Jowsey Zones will\ntest the persistency of high-grade ore shoots along strike and down\nplunge from past drill programs. The proposed drill holes have a\ntarget depth ranging from 150 meters to 600 meters. \n\n\n\n \n\n\n\nThe Drill Rig from Forage DCB, a Quebec-based company\nwill mobilize to Carscallen Property in mid April 2026. The Drilling\nProgram is anticipated to be completed within 6-8 weeks. The ...

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