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Melkior Resources Yields up to 12.6% Copper, 43.9 g/t Gold and 13.1% Zinc in Phase 1 Prospecting at Genex
Highlights: Results from Summer Phase 1 Prospecting Program, where 103 samples were collected through chip and float sampling on outcrops and historical trenche
About this update from Melkior Resources Inc.
[{"type":"text","content":"Highlights: Results from Summer Phase 1 Prospecting Program, where 103 samples were collected through chip and float sampling on outcrops and historical trenches/blast sites focused on extension targets. 10 rock chip samples yielded greater than 1% copper, with 4 samples above 2% copper (Outcrop or trench wall) Sample F213572 assayed 12.6% copper, 4.48 g/t gold, 24.4 g/t silver, 0.047% cobalt 5 rock grab samples on float blocks yielded greater than 1% copper, with two samples above 5% Sample F213671 assayed 7.5% copper, 2.3 g/t gold, 0.036% cobalt 5 rock grab samples on float blocks yielded greater than 1 g/t gold, with the highest result of 43.9 g/t gold. Sample F213516 assayed 0.095 % copper, 0.7% zinc, 43.9 g/t gold, 23.8 g/t silver October 04, 2023 – TheNewswire - Timmins, Ontario - Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce the results from its Phase 1 Summer Prospecting Program at Genex, focused on testing surface extensions of the historical Genex deposit, currently under option from International Explorers and Prospectors Inc (see news release dated April 21, 2022). The Company embarked on an aggressive multifaceted exploration program over the course of the summer to uncover the surface footprint of the Genex polymetallic deposit. The program included prospecting focused on the northern extension of the Genex deposit, a beep mat exploration program, as well as a large trenching and channel sampling program. Jonathon Deluce, CEO of Melkior, states, “We are excited to announce these strong results from our Phase 1 prospecting program at Genex. These initial efforts were successful in validating the gold potential of the Claim Post trend located between 100 and 250 metres north of the historical Genex Mine. We believe these results support the expansion potential of the mineralized system to the north that has seen limited historical drilling We anticipate unveiling more comprehensive results on the remaining programs, which include a beep mat exploration program as well as a stripping and channel sampling program.” This first phase was exploratory and consisted of bedrock and float sampling concentrated first on historical blasted trenches located outside the historical mine perimeter. The prospecting team worked mostly north...