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Melkior Resources Inc V.MKR

Alternate Symbol(s):  MKRIF

Melkior Resources Inc. is an exploration stage resource company. The Company’s operations include the acquisition and exploration of mineral properties in Canada. Its projects include Carscallen, White Lake, Maseres Genex, Val d'Or, Launay and Urban. It holds 100% interest in the Carscallen property, west of Timmins, Ontario. The Carscallen Project is located approximately 25 kilometers west of the city of Timmins, Ontario. Its White Lake Project is comprised of over 328 contiguous claim units (12,966 acres), located 15 kilometers northeast of the Hemlo Gold Mine operated by Barrick Gold Corporation. The White Lake Property is situated in the north-eastern portion of the Hemlo Greenstone belt. Its Genex Project is located 20 kilometers west of Timmins, which includes 70 claims, six patents and one partial lease totaling 1,616 hectares. The Val-d’Or Property is located over 35 kilometers east of Val d’Or and is comprised of 120 claims covering approximately 6,333.04 hectares.


TSXV:MKR - Post by User

Bullboard Posts
Comment by pastorboyon Feb 18, 2011 9:51pm
462 Views
Post# 18162663

Denton on MKR vs. EXS (fom EXS BB)

Denton on MKR vs. EXS (fom EXS BB)Yes there is a contrast between two companies, and it is indeed significant when taking into account that one of the companies has a building resource trendl to work with while the other company is still piecing one together. It is also a fact that there is only one company that HAS, and is the ONLY, building resource story in the entire west camp outside of LSG.

In other words for those that still dont get it...........

One company has now commenced drilling and is currently developing a 43-101  resource model while the other is still looking for an economically consitent exploration trend that can be put together with a series of holes to start contemplating working towards such a 43-101 resource calculation.

Further words for those that still dont get it.........

One company is working at shallow 200 meter depths with economic gold levels in 90% of the drill holes while the other is working at depths that are 3-4 times greater while returning economic gold levels in approximately 5% -10% of the drill holes.

The bottom line is that one company is looking forward to releasing a resource estimate later this year while the other one is, well lets just say, still looking.

EXS still has the real estate potential to change this scenerio but the other company will reach its next milestone first while we wait.

April 2011 will reveal more details in this areaDenton7

Bullboard Posts