Melkior Resources Inc V.MKR

Alternate Symbol(s): MKRIF

Metals & Mining Industrial Metals & Minerals

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

Melkior Resources Inc

Bullboard Posts

Comment by sharewealthon May 05, 2011 9:44am

306 Views

Post# 18533635

RE: RE: RE: RE: RE: RE: Share price tanking

From TO:
MKR has no shallow resource base at this point in time and has made no official announcement in a press release that it posesses one. Exploration has been ongoing on this play for 6 years now and still no resource to be had, that's the bottom line.

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Well, what do you think the 43-101 is being done for? The bottom line is that MKR has had constant shallow depth gold intercepts in its last two drilling campaigns. That is an impressive find and the 43-101 will raise a lot of eyebrows. Particularly since this is the only shallow deposit in Timmins and a brand new discovery.
SW

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario