Agoracom Blog

Melkior Resources Joins AGORACOM 100 With $3.3 Million And Key Northern Ontario Projects

Posted by AGORACOM at 10:38 AM on Tuesday, November 17th, 2009

I am pleased to announce that  Melkior Resources (MKR: TSXV) is the newest member of The AGORACOM 100.  With $3.3 million in the treasury and large holdings in McFaulds Lake and the Timmins Mining Camp, Melkior is AGORACOM 100 material.

In addition, the company has now commenced an online investor relations program, which speaks volumes about the company’s confidence. Why? When a company decides to make itself open and accessible to investors from around the world, you have to believe they are confident in their future and want to communicate accordingly.

As always, assume I am horribly conflicted by the fact Melkior is now a client of AGORACOM and do your own due diligence.  Here are some of the things we like about the company:


Melkior is a Canadian resource exploration company with diversified properties with exposure to gold, base metals, and uranium, all located in the provinces of Ontario and Quebec. For investors concerned about geo-political risk in far away nations, Quebec and Ontario add a great deal of comfort.  Large land holdings in key exploration areas include McFaulds Lake and the prolific Timmins mining camp.

· Key gold exploration in the West Timmins discovery area

· In the past 3 years, more than 7541 metres of drilling has been conducted on the property by Melkior, with over 90% of the holes encountering gold.

· Drill cores intersected significant gold values including 60.27 g/t over 1.8 metres and 19.8 g/t over 3.3 metres. Grab samples assaying gold values of up to 843.7 g/t, 280.13 g/t and 245.03 g/t.

· Over 9000 hectares (90sq km) in Timmins – one of the largest land positions in West Timmins

· $3,300,000 in treasury

Recent News:

Melkior Starts 4000 Metres Drilling in Carscallen West Timmins
8:00 AM ET, November 17, 2009

Melkior Sampling Returns 13.75g/t Gold at Launay
:00 AM ET, October 9, 2009

Melkior Resources: Full Profile
Melkior Resources: HUB
Melkior Resources: Shareholder Forum

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