Newletter comments on latest favorable drilling at Carscallen
posted on
Apr 08, 2010 05:48PM
Thursday April 8, 2010
Dear Shareholder,
I’ve attached a newsletter from “TechnicalBuy.com” which contains an excellent writeup on Melkior.
Technical Buy is a specialized, focussed, well researched newsletter. They were kind enough to authorize us to forward the letter to you.
We will be in Timmins next week to review the ongoing drilling.
Best regards,
Jens E. Hansen, P. Eng
President
Melkior Resources Inc.
Melkior Resources
Melkior announced intercepts of 5.84g/t over 2.50M from drill results of the first two holes which tested their West Timmins gold property at greater vertical depths (500M+). These holes were drilled in the northern part of the Zam Zam Shenkman Zone (I love these names) of the Carscallen Gold property, adjacent to Lake Shore's West Timmins land holdings. With each step we seem to be coming closer and closer to a deposit type gold grade and width. The development here is significant because Melkior once again found gold. It is rare for any company let alone a junior to hit gold in every single hole. More importantly, we are finally confirming our expectations that at greater depths the zone is wider and more diffuse than the shallower zone. News is encouraging and we are pleased that a second drill rig has been added to the property to expedite the exploration at greater depths.
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Andrew Hansen
Blackberry: 613-794-8933
ahansen200ca@gmail.com
andrew@counterjunction.com
andrew@andrewhansen.ca