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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. The Company’s projects include Carscallen, White Lake, Maseres Genex, Val d'Or, Launay and Genex. It holds a 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 consists of over 333 combined Single Cell Mining Claims and Boundary Cell Mining Claims with each Single Cell Mining Claim being approximately 20 hectares, 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. The Company owns a 100% interest in the three mineral claims in Tiblemont Township, Quebec.


TSXV:MKR - Post by User

Bullboard Posts
Post by commissionson Mar 13, 2007 10:59am
350 Views
Post# 12408125

get ready

get readyNews release at 10:00 am today that the bulk of the financing closed today for $1,460,000 - the total financing was increased by 12.5% or 500000 unit - to ACCELERATE THE DRILL PROGRAM IN THE OTISH. Won't be long now before Dines gets ink to paper and this thing starts to really move!! I still really like the acceleration clause for exercizing the warrants - I predict that they get exercised before a drill goes into the ground - EXTRA money to enlarge the drill program - SAN has the same clause in their financing as well - looks as though they think they really have something big - and with uranium as hot as it is - they want to prove out sooner than later in my opinion. Commissions
Bullboard Posts