Melkior Announces Completion of Drill Program
Head Office: 66 Brousseau Ave., Suite 207, Timmins, ON P4N 5Y2 Canada
Melkior Announces Completion of Drill Program
November 6, 2019 Trading Symbol: MKR
TSX Venture Exchange
Timmins, Ontario. Melkior Resources Inc. ( “Melkior”) (TSXV:MKR) is pleased to announce it
has completed the 2019 drill campaign in Carscallen Township. The program was extended to an
additional 78 meters drilled on the last deep hole CAR-19-03A. Assays are pending at Actlabs. The
first two drill holes were designed to follow up on historical intercepts of 14.21 g/t Au over 2.9
meters in drillhole WKD -07-6B within the Shenkman zone and 3.33 g/t Au over 4.5 meters in
drillhole CAR -45-2010 within the Zam Zam zone. The holes were further intended to target
multiple near surface gold bearing vein systems.
The second phase of drilling was designed to also follow up on earlier intercepts within the mafic
volcanics which underly approximately 300 meters of the Carsallen granodiorite. The multiple
series of gold bearing vein syste ms are believed to be late crosscutting structures that continue at
depth into the mafic volcanics. Here, gold grades and widths may improve significantly as indicated
by earlier drill hole CAR -80-2012 which intersected 51.9 g/t Au over 3.7 meters from 533.0 to
536.7 meters within the mafic volcanics. The drill hole CAR-19-03A was further designed to follow
up on a copper gold zone discovered in 2012 by Geovector in drill hole CAR -79-2012 which
returned 3.55% copper over 1.35 meters from 528.0 to 529.35 met ers within a 10 meter zone
grading 2.54 g/t Au over 10.0 meters from 528.0 to 538.0 meters.
The program was carried out under the supervision of Peter Caldbick, P.Geo and a consultant for
Melkior Resources Inc., the qualified person responsible for this n ews release. The drill core was
split with half sent to Actlabs in Timmins, On and fire assayed with an AA and gravimetric finish.
Whole metallic assays are performed on samples containing visible gold. Duplicates, standards and
blanks were inserted into the sample stream.
Qualified Person
All technical information in this press release has been reviewed and approved by Peter Caldbick,
P.Geo. Mr. Caldbick is a consultant for Melkior and a Qualified Person for the purposes of National
Instrument 43-101.
ON BEHALF OF THE BOARD
Keith James Deluce, CEO
For more information, please contact:
Melkior Resources Inc.
E-mail: [email protected]
Tel: 705-267-4000
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The reader is invited to visit Melkior's web site www.melkior.com.
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TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.