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Melkior Resources Intersects 60.5g/t Au, 55.6g/t Ag, and 0.13% Cu over 0.5 Meters within 14.76g/t Au over 2.1 Meters at Carscallen
Highlights: 14.76 g/t Gold over 2.0 Meters (m), Including 60.5 g/t Au over 0.5m, 8.93 g/t Au over 3.0m , 6.85 g/t Au over 4.1m, 7.79 g/t Au over 2.0m and 6.18 g
About this update from Melkior Resources Inc.
[{"type":"text","content":"Highlights: 14.76 g/t Gold over 2.0 Meters (m), Including 60.5 g/t Au over 0.5m, 8.93 g/t Au over 3.0m , 6.85 g/t Au over 4.1m, 7.79 g/t Au over 2.0m and 6.18 g/t Au over 2.0m. 71% hole hit ratio based on intersecting a metal factor interval of 12g/t Au or more. Drilling is estimated to resume during Q2 2021, with 4,000 meters currently budgeted for the remainder of the year. March 31, 2021 - TheNewswire - Timmins, Ontario - Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce results from 4,440.0 meters of drilling (5,618m program) on the Carscallen Gold project located approximately 25 kilometers southwest of Timmins Ontario. The total meters were cut short from the previously announced 6,660-meter extension due to a drill permit limitation. Program Highlights: The Carscallen gold project lies within the township of Carscallen, approximately 25 kilometers southwest of Timmins, Ontario. It is comprised of 295 claim units covering 47 square kilometers with 100% ownership by Melkior. The drill program consisted of 5,618 meters. Assay results have been returned for the first 7 holes and are pending for the last 2 holes with visual indications of mineralization. Jonathon Deluce, CEO of Melkior, remarks, “We are excited to announce our first results from the Kirkland Lake Gold Partnership at Carscallen. We continue to extend the Shenkman Zone to the south-east and demonstrate continuity to our high-grade gold system. We look forward to the summer field program and remaining drilling planned for 2021.” Significant Assay Table Hole-ID From (m) To (m) Length (m) Au (g/t) Ag (g/t) Cu (%) Zn (%) CAR-20-08 400.5 401.0 0.5 7.39 CAR-20-09B 534.5 537.5 3.0 8.93 3.6 0.26 Incl. 537.0 537.5 0.5 38.8 553.0 556.0 3.0 1.92 Incl. 555.5 556.0 0.5 5.66 5.0 1.1 734.5 735.0 0.5 1.26 4.6 0.26 741.5 742.0 0.5 3.28 4.9 0.99 CAR-20-10 408.45 412.6 4.1 6.85 Incl. 412.1 412.6 0.5 40.1 CAR-20-11 293.7 298.8 5.1 2.25 Incl. 293.7 294.2 0.5 12.3 407.5 408.5 1.0 3.83 CAR-21-12 464.5 465.0 0.5 7.46 480.9 483.0 2.1 14.76 Incl. 489.9 481.4 0.5 60.5...