Melkior Resources Inc.: Ground Work Starts in Preparation for Drilling Eldoradoadmin
Melkior Resources Inc. has begun line cutting and ground geophysical surveying on seven grids designed to cover 9 separate electromagnetic conductors on its 100% owned Eldorado nickel property. The property is contiguous with Melkior’s Shaw Twp property and consists of 366 claim units or 5856 hectares and is located 20 kilometres southwest of Timmins city centre.
A detailed VTEM survey by Geotech was completed in 2009. This led to the discovery of a series of conductors with the potential for locating massive sulphide nickel bearing deposits. The property shares a common boundary with Liberty Mines Inc. Liberty is currently producing nickel ore from its Redstone and Mc Watters mines. The Redstone mine is approximately one kilometre south of Melkior’s boundary. Upon completion of the current work Melkior plans to drill those conductors which have massive sulphide characteristics. It is anticipated 3000 metres of drilling will be required. Melkior plans to engage a second drill rig for the Eldorado project expected to start in April while the first rig will continue systematic drilling of the Carscallen West Timmins gold property.