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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 oilandgaswellson Apr 09, 2010 8:38am
604 Views
Post# 16973241

Next Door News....

Next Door News....
Newcastle Completes Geophysical Survey on Its Carscallen Project
Posted on : 2010-04-09 | Author : Newcastle Minerals Ltd.
News Category : PressRelease

VICTORIA, BRITISH COLUMBIA -- 04/09/10 -- Newcastle Minerals Ltd. (TSX VENTURE: NCM) is pleased to announce that it has received the data from its recently completed geophysical survey of its 120-hectare Carscallen project, located 21 kilometres southwest of Timmins, Ontario. The property is surrounded by Lake Shore Gold Corp.'s (TSX: LSG) Timmins West Gold Mine Complex, and lies east of Melkior Resources Inc.'s (TSXV: MKR) Carscallen property, where a drill program was commenced on January 18.

Preliminary data indicates the presence of several strong, well-defined induced polarization and linear magnetic anomalies. Newcastle's geologists are currently interpreting the data and will provide a thorough analysis in due course.

Newcastle's President, Michael Romanik, said, "We are looking forward to our geologists' analysis of the data, and we will plan the next stage of exploration around their recommendations."

ON BEHALF OF THE BOARD

Michael Romanik, President

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.

Contacts:
Newcastle Minerals Ltd.
Michael Romanik
President
(204) 724-0613
info@newcastleminerals.com
www.newcastleminerals.com

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