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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 doublegoldon Oct 09, 2019 4:23pm
277 Views
Post# 30213888

RE:RE:Possible Resource Estimate Coming? Could be big

RE:RE:Possible Resource Estimate Coming? Could be bigEppy: While I agree with wanting to find out more about the Windfall property (big part of why I am invested), I think management is making the right move here. The Windfall property is very exciting but grassroots compared to the Carscallen project. I would expect management is trying to raise money through the remainder of the year and at this stage Carscallen has a better shot at producing a catalyst to move the stock and increase shareholder value. Looking at the drill release they have picked strong targets near historically impressive grade intercepts. Hopefully they can locate the source, prove continuity and add some better widths. The 600M hole should be interesting. In this improving gold market any success will move the stock quickly from these levels. 
Bullboard Posts