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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
Post by TedOwenson May 28, 2013 9:10pm
273 Views
Post# 21453651

Melkior samples new zone average 1.95g/t gold at s

Melkior samples new zone average 1.95g/t gold at s

 The latest news release from Melkior (Melkior Samples New Zone Averaging 1.95g/t Gold at Surface at Launay) obviously did not impress the markets as the share price, which was holding at 4 cents over the past several days, dropped to 3.5 after its release. The markets reaction towards Melkior releasing results in the present market environment such as these will only further support the premise that the potential is not favorable and as such, was a questionable undertaking considering that it should have been obvious to any reasonable person that economics are not part of the picture here. So here we are sitting at 3.5 cents and no projects that have results anywhere near what would need to be in place to turn this play around any time soon.

Bullboard Posts