Melkior Resources Inc MKRIF

Primary Symbol: V.MKR

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.

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Melkior Resources Inc

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Post by siegfried13on Oct 09, 2020 1:31pm

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Post# 31696309

It Won't Be Long

Melkior's ridiculous market cap of $19m after KL is shovelling cash at them so they can deep drill Carscallen, probably 4+ drills. There's a "gold crisis"?? Melkior is invisible, makes no sense.

Interestingly, this week the CEO of Barrick Gold, Mark Bristow, warned that the gold industry was headed towards a “serious reserve crisis” and called for consolidation within the industry. Gold production across the industry has only increased by 1.6% every year for the past two decades and there have been numerous reports that we are approaching “peak gold” which will see annual global output decrease.

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