Melkior – Assays up to 181 G/T Silver ON Maseres
Head Office: 66 Brousseau Ave., Suite 207, Timmins, ON P4N 5Y2 Canada
MELKIOR – ASSAYS UP TO 181 g/t SILVER ON MASERES
April 26, 2019 Trading Symbol: MKR
TSX Venture Exchange
Timmins, Ontario. Melkior Resources Inc. ( “Melkior”) is pleased to announce receipt of all
analysis from the first drill program on the Maseres Project . This initial phase of drilling has
established that the priority EM anomalies reflect the presence of VMS stratigraphy on the
Maseres Project along the 2.3 km of the dril led trend. Maximum assays for the main VMS
elements were 181.0 g/t Ag, 0.14 % Cu, 0.69 Pb, 1.74 % Zn, 0.309 ppm Au. A complete list of
drill hole locations, assay results along with select maps are available from the following links:
Collar Locations: 2019 Maseres Drilling Collar Locations
Complete Assay data: Maseres 2019 Drill Sample Chemistry
(PDF table includes drill hole details, sample details, UTM of vertical projection of sample and all
assay data)
Map of: Silver 2019 Maseres Drilling
Map of: Copper 2019 Maseres Drilling
Map of: Lead 2019 Maseres Drilling
Map of: Zinc 2019 Maseres Drilling
Map of: Gold 2019 Maseres Drilling
Melkior has advanced the Maseres Project consistently and aggressively since staking in Mar ch
2017. The 2,170 -line kilometer GEOTECH VTEM plus time -domain helicopter borne
magnetometer and EM survey was completed in March 2018. Ground truthing of these EM trends
established the almost complete lack of bedrock exposure within these priority trends. Detailed
soil sampling over the intriguing priority EM trends was undertaken through 2017 and 2018. To
continue to advance the Maseres Project it was necessary to establish EM anomaly causation. The
most prominent and accessible EM trend w as selected as a focus area where a line cutting grid
was established and ground geophysics conducted in November and December 2018. This ground
work established the location of the EM anomalies with sufficient accuracy to permit drill
targeting and the completion of the First Phase drilling campaign.
This initial phase of drilling has established that the priority EM anomalies reflect the presence of
VMS stratigraphy on the Maseres Project along the 2.3 km of th e drilled trend. Melkior has over
20 km of additional strike length to investigate along the surface.
Geologica Group-Conseil Inc, a geological consulting company located in Val-d'Or (Québec) has
been awarded a contract to compile and validate geological information on the Maseres Project ,
including the results of th is drilling program. Geologica will be conducting a summer geological
program to support their interpretations. Further to the results of their interpretation, and results of
the summer program Geologica will be presenting a proposal to guide Melkior in its future
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exploration plans on Maseres.
Wade Kornik, P.Geo., has approved the information contained in this release. Mr. Kornik is the
Exploration Manager of the Company and is a Qualified Person as defined by 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
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.