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Melkior Resources Fall 2019 Exploration Program
August 27, 2019 - TheNewswire - Timmins, Ontario - Melkior Resources Inc. ("Melkior") (TSXV:MKR) is pleased to announce fall 2019 exploration plan is to advance
About this update from Melkior Resources Inc.
[{"type":"text","content":"August 27, 2019 - TheNewswire - Timmins, Ontario - Melkior Resources Inc. (\"Melkior\") (TSXV:MKR) is pleased to announce fall 2019 exploration plan is to advance the Carscallen Project with a drill campaign on the Shenkman, Zam Zam and Jowsey zones and a drill program on the White Lake Narrows (Hemlo) property. The Carscallen property possesses three gold bearing systems known as the Shenkman, Zam Zam /Jowsey zones that are separated by approximately 360 meters that has not been adequately drill tested and thus represents an opportunity for zone expansion and testing if the auriferous vein systems are continuous and represent one larger system. The first phase of drilling will follow up on historical intercepts of 3.33 g/t Au over 4.5 meters in drillhole CAR-45-2010 within the Zam Zam zone and 14.21 g/t Au over 2.9 meters in drillhole WKD-07-6B within the Shenkman zone. The holes will validate earlier interpretive work and are designed to target several stacked en echelon vein systems. This initial drill phase will also follow up on earlier intercepts within the mafic volcanics which underly approximately 200 to 300 meters of the Carsallen granodiorite. Here, gold grades and widths may improve significantly as indicated by earlier drill hole CAR-80-2012 which intersected 51.9 g/t Au over 3.7 meters from 533.0 to 536.7 meters within the mafic volcanics (Table 1). A deeper drill hole will be planned as follow up on this intercept to validate continuity of the deeper lying gold system. Positive drill results may allow for a resource estimate by an independent external consulting group to determine the economic potential of all zones drilled to date in the Carscallen project. The second property of importance is the White Lake Narrows (Hemlo) Property located approximately 22 km east of the Hemlo deposits. The White Lake Narrows property is comprised of a series of northwest southeast trending quartz veins occurring within sheared altered and sulphidized zones hosted within fine to coarse grained mafic volcanics and felsic volcanic rocks. A number of showings, stripped areas and trenches have been exposed over a 1 km strike length and the area has had an extensive humus and partial \"B\" horizon soil geochemical survey on the southwestern portion of the property. The most significant stripped exposure to date, known as the Carroll ...