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Melkior Resources Inc.

Publié le 16 octobre 2013

Melkior Commences Drilling at the Carscallen Gold Project in Timmins

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Melkior Resources Inc.
TSX VENTURE: MKR
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October 16, 2013
Melkior Commences Drilling at the Carscallen Gold Project in Timmins
OTTAWA, ONTARIO--(Marketwired - Oct. 16, 2013) - Melkior Resources Inc. (TSX VENTURE:MKR) ("Melkior") is pleased to announce the beginning of its fall drill program at the 100% owned Carscallen Gold Project in Timmins, Ontario. The drill program consists of a series of holes to extend and close off the gold mineralization on the ZamZam zone to define a resource (a total of approximately 2000 metres of drilling).

The ZamZam zone is a gold bearing vein system exposed on the surface grading 15.97 g/t gold over a length of 215 metres (please refer to press release July 11th, 2013) and consists of a series of fractures filled with gold-bearing pyrite and quartz-pyrite veins hosted in granite. Surface grab samples and channel samples include a sample grading 843.72 g/t gold and surface channels assaying 4.00 metres grading 4.95 g/t gold and 4.20 metres grading 5.66 g/t gold (see news releases dated September 6th, 2007 and December 17th, 2012). In addition to the ZamZam zone exploration to date has identified six additional significant gold zones.

Melkior's Carscallen Gold project is located on Highway 101, 5 kilometres due west of Lake Shore Gold Corp. Timmins mine and 25 kilometres west of the City of Timmins.

This Press Release was prepared by Jens E. Hansen, P.Eng of President and CEO of Melkior, and Qualified Person under National Instrument 43-101.

About Melkior:

Melkior is a junior exploration company with active exploration projects within the Timmins gold camp and holds several other exploration properties of which the most important is the 100% owned Launay gold property in West Quebec. Melkior also holds two claim groups in the Beardmore Long-Lac gold camps as well as 49% of the Delta Kenty nickel-copper deposit in Ungava.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Melkior's periodic reports including the annual report or in the filings made by Melkior from time to time with securities regulatory authorities.

CONTACT INFORMATION:
Melkior Resources Inc.
Jens Hansen, P.Eng.
President and CEO
613.721.2919 or Cell: 613.715.1190
Fax: 613.680.1091
info@melkior.com
www.melkior.com
INDUSTRY: Manufacturing and Production - Mining and Metals

If you no longer want to receive announcements from us, please do not reply to this e-mail. Instead simply click .

Melkior Resources Inc.

EXPLORATEUR
CODE : MKR.V
ISIN : CA58549W1059
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Melkior Res. est une société d’exploration minière d'or et de cuivre basée au Canada.

Melkior Res. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont MCFAULDS, OTISH, TIMMINS WEST PROJECT, BRISTOL, DELTA - KENTY(UNGAVA) et DELTA-KENTY au Canada.

Melkior Res. est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 12,0 millions CA$ (8,5 millions US$, 8,1 millions €).

La valeur de son action a atteint son plus bas niveau récent le 04 décembre 2015 à 0,01 CA$, et son plus haut niveau récent le 22 mai 2020 à 1,25 CA$.

Melkior Res. possède 141 410 000 actions en circulation.

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17/11/2009(Bristol Carscallen/denton)Starts 4000 Metres Drilling in Carscallen West Timmins
Communiqués de Presse de Melkior Resources Inc.
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31/08/2015Melkior Announces Two Years Extension of Warrants
24/07/2015Melkior Starts Surface Work at Carscallen, Timmins, Ontario
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