It has been revealed that negotiations are under way with several junior exploration companies looking to acquire property located contiguous to the immediate north of the Melkior Resources Carscallen Gold Property.

As was explained by some timmins locals, the current Nebu Resources and Melkior Resources gold bearing structural horizon currently being drilled is known to run further north along strike through Carscallen Township where it trends into a widening and predominatly volcanic environment.

Geophysics performed by exploration companies previously active in the current Melkior exploration corridor at the Carscallen project distinctly reveals that the current ZamZam and Jowsey geological structures are trending with increasing width and intensity to the north through the Moon Energy Corp property (a private company) and then further north-west into the ZincCorp holdings.

Given that the geological structures hosting the Melkior Resources and Nebu Resources gold bearing drill core returns are known to continue off of the property and into the claim holdings to the immediate north which can be seen to be a much larger and predominately volcanic environment would become an attractive incentive for acquisition for any company looking for a new entry point within the Timmins West Camp.

Further information will be posted when more is known about who gets the prize.