Melkior - Maseres Soil Chemistry Maps

2018-09-11 / @nasdaq

 

TIMMINS, Ontario, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Melkior Resources Inc. (“Melkior”) would like to release the initial soil chemistry maps for the first 750 soil samples from the Maseres Project. Melkior’s news release of August 27 identified one soil sample that assayed 1,100 ppb Au, the highest gold in soil assay from the remainder of the batch was 385 ppb Au. These two highly anomalous samples are situated in close proximity to each other and overlie the  priority EM anomaly trend, these samples are also elevated in silver and copper.

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.

Gold in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Au.pdf

Silver in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Ag.pdf

Copper in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Cu.pdf

Lead in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Pb.pdf

Zinc in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Zn.pdf

Barium in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Ba.pdf

Bismuth in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Bi.pdf

Cadmium in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Cd.pdf

Cobalt in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Co.pdf

Cesium in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Cs.pdf

Gallium in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Ga.pdf

Mercury in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Hg.pdf

Phosphorus in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_P.pdf

Scandium in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soil_Sc.pdf

Strontium in A-Horizon - Maseres Core Area – Preliminary Results
http://www.melkior.com/2018_09_07_Soils_Sr.pdf

The soil samples being presented were collected at the southwestern end of the soil grid, about eight kilometers from where soil sampling was conducted by Melkior last year. This program consists of about 5,000 A-Horizon soil samples being collected on a 50m x 50m grid spacing. Over one thousand additional soil samples are currently pending in the lab. The soil sampling program is ongoing and sample collection is expected to be completed by the end of summer.

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 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: info@melkior.com
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.

 

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