Melkior put out a NR Oct.9, releasing assays on their Carscallen Gold project in the active West Timmins mining camp . They also updated their secondary projects.
Of interest is the following;
McFaulds East Rim Nickel Project, McFaulds area, Ontario (100% owned):
Current activity by Noront Resources Ltd. and Freewest Resources Canada Inc. is focusing attention on the McFaulds Ring of Fire area. (note how they only mention NOT and FWR, and as if paired)
Melkior has completed MEGATEM and VTEM airborne surveys. A series of potential massive sulphide targets have been located. These are essentially drill ready. At present however, Melkior plans to concentrate its drilling on the Carscallen Gold Project in the Timmins area.
The East Rim Nickel Project is 100% owned by Melkior and is located approximately 25 kilometres from the chromite discoveries by Noront and Freewest, and 30 kilometres from the base metal discovery by Noront. The property is 238 square kilometers in size.
Melkior currently owns 49% of the Delta-Kenty Ungava Nickel Project, Quebec with Xstrata holding 51%.
Albeit Melkior is focusing drilling their gold properties( a given with the current price of gold) this will undoubtedly bring more attention to the ROF and potential sulphide exploration. Xstrata is sitting on the sidelines no doubt, waiting to see how events proceed.
If NOT's next NR increases Eagle's Nest potential...well...$$$$$
Cheers.
B.