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Mining

Melkior Resources begins drill program at Val D’Or property

The company said it has defined multiple targets for its maiden drill program that targets a source of the previously defined till anomalies at the site

Melkior Resources Inc (CVE:MKR) (OTCMKTS:MKRIF) (FRA:MEK1) said it has commenced drilling on selected targets at the Val D’Or property in Quebec.

The company said following the completion of an induced polarisation (IP) survey on the western strike extension of the Bruell showing, 240 meters east of the property, and an airborne high-resolution MAG survey, it has defined multiple targets for its maiden drill program that targets a source of the previously defined till anomalies.

WATCH: Melkior Resources partner expands drill program at Carscallen Project to 6600 metres

Melkior added that the drill cross-section is over the Bruell’s western extension, where historical drill holes have returned anomalous gold values. Part of the program will target IP and/or MAG anomalies located around those anomalous intersections, which were drilled between 1946 and 1988. The company said it believes that technological advancement will allow it to target rich mineralization close to the historical intersects that have previously gone undetected.

Fourteen diamond drill holes (DDH) have been planned over the IP grid and are positioned to intersect magnetic highs and lows, strong gradients, historical anomalies, and chargeable or conductive anomalies. Melkior said it expects to drill around up to 1,500m and will modify its planning depending on the field observations.

Contact the author at calum@proactiveinvestors.com

Follow him on Twitter @Cal_Proac

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