TIMMINS, Ontario, Oct. 12, 2018 — Melkior Resources Inc. (“Melkior”) (TSX-V: MKR) would like to release updated soil chemistry maps for the initial cummulative 1562 soil samples from the Maseres Project.
The following links present colour contoured maps for those elementals with the highest correlation to the principal commodities being sought, overlying a base map of EM anomalies and bedrock conductivity. The soil maps presented include the soil sampling conducted by Melkior last year.
Silver in A-Horizon – Maseres – Intermediate Results http://www.melkior.com/2018_10_10_A_Horizon_Ag.pdf
Gold in A-Horizon – Maseres – Intermediate Results http://www.melkior.com/2018_10_10_A_Horizon_Au.pdf
Copper in A-Horizon – Maseres – Intermediate Results http://www.melkior.com/2018_10_10_A_Horizon_Cu.pdf
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Lead in A-Horizon – Maseres – Intermediate Results http://www.melkior.com/2018_10_10_A_Horizon_Pb.pdf
Zinc in A-Horizon – Maseres – Intermediate Results http://www.melkior.com/2018_10_10_A_Horizon_Zn.pdf
Bismuth in A-Horizon – Maseres – Intermediate Results http://www.melkior.com/2018_10_10_A_Horizon_Bi.pdf
Cobalt in A-Horizon – Maseres – Intermediate Results http://www.melkior.com/2018_10_10_A_Horizon_Co.pdf
Molybdenum in A-Horizon – Maseres – Intermediate Results http://www.melkior.com/2018_10_10_A_Horizon_Mo.pdf
Antimony in A-Horizon – Maseres – Intermediate Results http://www.melkior.com/2018_10_10_A_Horizon_Sb.pdf
This year’s program will consist of about 4,000 A-Horizon soil samples collected on a 50m x 50m grid spacing. Additional soil samples are currently pending in the lab. The soil sampling program is ongoing.
Melkior has established that volcanic terrain extends through the Maseres Project. Reconnaissance mapping has identified the spatial association of the priority EM anomaly trends to mafic units and locally to chert. This association establishes that a subaqueous volcanic environment was historically present. Melkior is of the opinion that the extensive EM anomaly trend is related to a volcano-sedimentary stratigraphic sequence and that this sequence has a potential to host gold rich Bousquet Type VMS deposits. If Melkior’s hypothesis is valid, and that the sampling method is sufficiently effective, it is expected that anomalous zones of gold, silver, copper, lead and or zinc would be defined overlying, or in proximity, to the target stratigraphy along its length. Updates to these maps will be presented as the data becomes available.
Jim Deluce, CEO of Melkior remarks, “Melkior is working hard towards generating high quality drill targets on our Maseres Project.”
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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.