09:53 AM EST - Melkior Resources Inc. : said that it has received positive metallurgical results from its initial study for the Carscallen gold project in Timmins, Ontario. A composite of mineralized samples from the ZamZam zone, a gold bearing vein system exposed on the surface for a length of 215 metres, was sent to Activation Laboratories for preliminary metallurgic testing to assess gold recovery from samples of representative mineralization. A Knelson concentrator was used for gravity concentration, and then several cyanidation tests were completed on the gravity tailings. The combined gravity and cyanidation methods resulted in 95% gold recovery from 8.72 grams per tonne head grade material. Melkior Resources Inc.
shares V.MKR are trading unchanged at $0.04.
