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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
Comment by tfsatraderon Nov 09, 2010 9:23am
482 Views
Post# 17679259

RE: Drilling has begun - Game On

RE: Drilling has begun - Game OnThis is definitly exciting.

I am sure they will begin their drilling with the first two holes being expanding from 500M to 700M to test those anomalies outlined from the 3D model. (Which we haven't seen online yet) I am sure as drill samples come out of the hole, share price will begin to rise, on speculation of the samples.

The Beaufiled Tortigny results took 8 weeks from start to finish on a 10000M drill program. Melkior is doing 5000 M program on Carscallen, and we could assume it will take less time to conduct the drilling, and even less time in the lab, as the results will be exciting.

Im not as optomistic as some, (4 - 5 Bagger) but a healthy rise, and acknowlegment that this is the area, and play to watch in the timmins camp.

GLTA
Bullboard Posts