Melkior Resources Inc. Strategically Expands its Val D'Or Property
Timmins, November 24, 2020 - Melkior Resources Inc. ("Melkior" or the "Company") (TSXV:MKR) (OTC:MKRIF) is pleased to announce it has added claims to the Val D'Or Property (the "Property") through direct staking. This addition adds 8 claims (371.96 hectares), 7 KM north-east of Probe Metal's Pascalis Gold Trend, where they have had a lot of recent success (See news release from Probe Metals on Oct 28, 2020 - 5.9 g/t Au over 9.2 meters).
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Jonathon Deluce, CEO of Melkior, remarks, "We are excited to announce the addition to the Val D'Or Property at no dilution to shareholders. IP on Target 4 is underway, and we look forward to providing an update when available. In defining our January 2021 drill targets, we are reviewing past successful programs from our neighbors in the camp to put the strongest targets forward. We will provide further details on our targets and drilling plans shortly."
The claims were acquired by direct staking, and they include the Lanaudiere Formation, which is made of basalts and mafic volcaniclastics.
Qualified Person
This press release was prepared by Steven Lauzier, VP Exploration for Quebec, P.Geo,OGQ and by Pierre-Alexandre Pelletier, P.geo OGQ, who are qualified persons as defined under National Instrument 43-101, and who reviewed and approved the geological information provided in this news release.
ON BEHALF OF THE BOARD
Jonathon Deluce, CEO
For more information, please contact:
E-mail: info@melkior.com
Tel: 226-271-5170
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.