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Melkior Completes a Gravity Survey on McFaulds East and Updates on Eldorado and Carscallen
Mar. 22, 2011 (Filing Services Canada) -- Melkior Resources Inc. (MKR - TSX Venture), is please...
About this update from Star Diamond Corporation
[{"type":"text","content":"\nMelkior Completes a Gravity Survey on McFaulds East and Updates on Eldorado and Carscallen\n\n Mar. 22, 2011 (Filing Services Canada) -- Melkior Resources Inc. (MKR - TSX Venture), is pleased to announce the completion of a 681-line kilometre airborne gradient gravity survey of its 100% owned 192 square-kilometre McFaulds East property in Northern Ontario, James Bay Lowlands. The survey was flown using the Falcon Airborne Gravity Gradiometer (AGG) system offered exclusively from Fugro Airborne Surveys. The Falcon AGG technology is the only gravity gradiometer specifically designed for airborne survey use and as such provides the lowest-noise, highest-resolution airborne gravity data available. The dataset will be invaluable in helping Melkior define and delineate nickel-copper sulphide targets in the McFaulds region.Data from this survey will be combined with other geophysical data for interpretation. Gravity data is considered highly useful in the exploration of Nickel-Copper sulphide deposits, as several of these types of deposits are known to produce positive gravity anomalies.  Previously completed airborne and ground surveys identified a number of high priority targets for massive sulphides. The AGG survey will define these targets to reduce ground exploration costs. The property was staked in 2008 to cover a major gravity high, as shown in regional data. The gravity high is thought to be due to mafic or ultramafic intrusions or  layered mafic-ultramafic igneous complexes. The gravity anomaly and its postulated related large intrusions are proximal to known nickel-copper sulphide mineralization in ultramafic rocks at the Eagle Nest discovery of Noront. Mafic or ultramafic intrusions interpreted to be present on the East Rim propertywould thus  hold significant potential to host magmatic nickel copper sulphide mineralization. Eldorado Property:Melkior owns a 100% interest in the Eldorado property, which consists of 384 unpatented claims covering a surface area of 61.44 square kilometres.  Eldorado is located in an active mining area 20 kilometres southeast of the city of Timmins, Ontario.  The property is situated within a geological entity known as the Shaw Dome, a southeast-trending anticline with a shallow southeast plunge.  The Shaw Dome is recognized as havin...