Melkior intersects 13.25 metres grading 5.10 g/t gold, Carscallen Gold Project, Ontario
Melkior Resources Inc. (MKR – TSX Venture) announced assay results from six new holes from the 2011 diamond drill program on its 100% owned Carscallen gold project, located 5 kilometres west of the Timmins Gold Deposit and recent Thunder Creek gold discovery. All holes intersected multiple intervals of anomalous gold mineralization; the highlight was hole CAR-71-2011, which intersected one of the widest, high-grade gold intercepts to date from the property and returned 13.25 metres at 5.10 g/t gold from the Shenkman Zone at a vertical depth of 200 metres. The current drill program intersected a second mineralized quartz porphyry dyke proximal to the Shenkman Zone which provides an additional target for future testing. Hole CAR-67-2011 tested the ZamZam Zone and the remaining five holes tested the Shenkman Zone. Assays from seven holes of the recently completed program are still pending.
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