Melkior Resources Inc (CVE:MKR) (OTCMKTS:MKRIF) (FRA:MEK1) announced Friday the commencement of 700 meters (m) of drilling at the Maseres property in the Urban-Barry camp.
The program in Quebec will consist of four holes to test the re-interpreted up-ice target from previously identified till and soil anomalies, the company said in a statement.
Melkior said it determined this target through re-evaluating its geochemical data, following a till survey completed on the Maseres Property during the summer of 2020. The till survey was conducted to confirm previously known soil sample anomalies defined in 2019 by the company.
READ: Melkior Resources says preliminary survey data indicate potential at the Brunell showing on its Val-d’Or property
The survey includes the southwest area from the previously drilled targets. The company noted that the re-interpretation of the 2019 soil results and 2020 till sample results indicate a possible source of mineralization on the property, just up-ice from the previously drilled locations. The company selected four holes located up-ice, which also target IP anomalies.
“We are excited to commence our 700-meter program on our Maseres Project in the Urban-Barry Gold Camp,” said CEO Jonathon Deluce.
“The re-interpretation of the previous soil samples and 2020 till samples provide a renewed theory on our A Block target. While the previous drill program focused on the IP targets under the strong soil results, we believe that the potential source of the Au, Ag, Zn anomalies are ‘up-ice’ and along the structure further to the north-east.”
Junior explorer Melkior has a diverse portfolio of gold and base metal projects in major mining camps in Ontario and Quebec.
Contact the author: [email protected]
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Story by ProactiveInvestors
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