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Melkior Resources Completes Maiden Drill Program at Val D'Or
Highlights: 1,449M drill program has been completed during our maiden drill program at Val D’Or The program targeted geophysical anomalies that could be related
About this update from Melkior Resources Inc.
[{"type":"text","content":"Highlights: 1,449M drill program has been completed during our maiden drill program at Val D’Or The program targeted geophysical anomalies that could be related to one or multiple western extension of the \"Vein Zone\" area being explored by Eldorado Gold Corporation The completed drilling encountered multiple mineralized zones that explain the targeted geophysical anomalies. April 8th, 2021 – TheNewswire - Timmins, Ontario - Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce that drilling on its Val d’Or Property has been successfully completed. 1,449 meters (m) of drilling was completed, and 705 samples were obtained during the process. Multiple mineralization and alterations were discovered during this drill program which correlate well with pathfinders defined in the historical Bruell gold discovery, located 240m east of the Property. The most significant observations during the Company’s core logging include : 4m of brecciated and silicified volcanoclastics hosting quartz veinlets (Photograph 1) Up to 10% of fine and disseminated pyrite in multiples sections A breccia and a shear zone associated with a mineralized quartz conglomerate (Photograph 2). Multiple other observations associated with gold mineralization at Bruell include: titaniferous magnetite, bleaching of the host rock, quartz veins, sulphide mineralization that are associated with QFP dykes or shear zones (Photograph 3), and sulfides without the presence of any QFP dyke. Some mineralization observed also correlate well with the historical mineralization that resulted in 3.9 g/t Au over 0.30m between 193.88 and 194.18m (Perron & Guay, 1988) (see news release dated March 17th, 2021). The historical logging mention that “the gold anomalies are associated with quartz, calcite and pyrite veins located at the contact between the basalt and the QFP.” The core reviewed in VDE-21-08 show a mineralized sheared basalt at the contact of a QFP. This is located at a depth corresponding well with the along dip extension of the historical drill hole. Figure 1. Location of the Drill Holes and Significant Observations Photograph 1. Mineralized and brecciated volcanoclastics Photograph 2. Mineralized Quartz Conglomerate Photograph 3. Mineralized Shear Zone Methodology A total of 705 samples were collected (including 7...