Melkior Resources Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Bernard Deluce
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 66 Brousseau Avenue Timmins ON Canada P4N 5Y2
- IPO Date
- Feb 11, 1987
- Website
- melkior.com
- Similar Companies
- Business
- Melkior Resources Inc. Melkior Resources Inc. is an exploration-stage resource company focused on the acquisition, exploration, and development of mineral properties primarily targeting gold, base metals, and other commodities in Canada. The company holds interests in several key projects, including the flagship Carscallen Gold Project located 25 kilometers west of Timmins, Ontario, in the Abitibi Greenstone Belt; the Beschefer East Project in Quebec's Selbaie Mining Camp, where it has an option to earn 100% interest over three years from SOQUEM Inc.; the Genex Project 20 kilometers west of Timmins; the Val d'Or Project; the White Lake Project comprising over 333 mining claims 15 kilometers northeast of the Hemlo Gold Mine in the Hemlo Greenstone Belt; Maseres; and Launay. These properties emphasize high-grade gold and polymetallic potential through drilling, geophysical surveys, soil sampling, and 3D modeling. Headquartered at 66 Brousseau Avenue, Suite 207, Timmins, Ontario, Canada P4N 5Y2, the company operates predominantly in Ontario and Quebec, targeting junior mining investors and strategic partners in the gold and base metals sectors. Incorporated in 2018, Melkior maintains a lean structure with leadership including CEO Jonathon Deluce and a board featuring Norman Farrell as Chairman. Recent developments include a $1.5 million non-brokered private placement in 2025 to fund exploration, notably a 5,000-meter drill program at Carscallen following a high-grade intercept of 77.4 g/t gold over 6.9 meters in hole MKR-24-002; expansion of the Carscallen Project through new acquisitions in early 2025; promising grassroots discoveries at Beschefer East in July 2025 with intercepts like 5.1 g/t gold, 0.96% copper, and 0.68% zinc over 0.9 meters; commencement of winter drilling campaigns at Beschefer East and Carscallen in 2025; and a historical strategic option-joint venture agreement with Kirkland Lake Gold for up to 75% of Carscallen. These activities underscore ongoing advancements in resource delineation and project portfolio growth within premier Canadian greenstone belts.
Company News
Melkior Resources Confirms High-Grade Surface Gold Footprint at Carscallen; Surface Sampling Returns up to 661 g/t Au
Melkior Resources Confirms Down-Plunge Continuity of Gold Mineralization at the 1010 Zone and Advances Property-Wide Exploration at the Carscallen Gold Property
Melkior Resources Completes Winter Drill Program and Launches Field Mapping and Prospecting Campaign at the Carscallen Gold Property in Timmins, Ontario
Melkior Resources Commences over 3,000 Meter Drill Program on the Bonanza Gold Zones of 1010 and Zamzam-Jowsey Prospect at the Carscallen Gold Property in Timmins, Ontario
Melkior Announces Completion of Flow-Through Private Placement
Melkior Announces Proposed Non-Brokered Private Placement
Melkior Announces Reinstatement Of Trading
Melkior Announces Follow-Up Drilling on the Bonanza Gold Intersection at 1010 Zone with 77.40 g/t gold over 6.90 meters at the Carscallen Gold Property
Corrected: Melkior Announces Promising Grassroots Gold-Base Metal Discovery at Beschefer East
Melkior Announces Promising Grassroots Gold-Base Metal Discovery at Beschefer East
Melkior Announces $1.5M Non-Brokered Private Placement
Melkior Drills 77.4 g/t Au over 6.9m in New High-Grade Gold Discovery at Carscallen, Including Project's Highest Grade Gold Interval of 445 g/t Au over 1.2m
Melkior Resources Expands its Carscallen Project in Timmins Camp
Melkior Commences Drilling at Beschefer East
Melkior Resources starts drilling at Genex gold-copper project in Timmins; completes 3D model
Melkior Resources expands current drill program at Carscallen project in Ontario
Melkior Resources reveals October drill program at the Genex project in Ontario
Melkior Resources receives Toronto Venture Exchange approval for Genex gold-copper project option deal
Melkior Resources gets drills turning at Shenkman zone to follow up on new discoveries at Carscallen project
Melkior Resources hits high-grade gold at the Carscallen project in Ontario