Number of shares outstanding(January 2007):
Issued: 60,510, 704
Options: 3,150,000
Warrants: 6,633,871
Fully Diluted: 70,294,575
MarketCap: 70,294,575 * 0.45= 31,632,558
Properties:
Melkior has 6 properties, all in Ontario,and Quebec,Canada.
Issued: 60,510, 704
Options: 3,150,000
Warrants: 6,633,871
Fully Diluted: 70,294,575
MarketCap: 70,294,575 * 0.45= 31,632,558
Properties:
Melkior has 6 properties, all in Ontario,and Quebec,Canada.
West Timmins (Gold): a 100% owned gold exploration project 5km west of Lake Shore Gold. Recent exploration by Melkior has located several gold zones including a 280 G/T Gold grab sample.
Otish Mountains (Diamonds and Uranium): A large land package (close to 40,000 hectares) with uranium showings under joint venture with Santoy Resources. Five kimberlite targets ready for followup. Joint venture with Majescor and purchase of Marc-Andre Uranium occurrence which will be drilled in summer 2007.
(Raglan)Kenty-Delta Ungava (Nickel Copper): 49% Melkior:51% Xstrata
Has a non-compliant 43-101 resource estimate taken from the Falconbridge 1999 annual report (817,600 Metric tonnes, 3.05% Nickel, 1.26% Copper, 0.222 G/T Gold, 1.007 G/T Platinum, 1.647 G/T Palladium).
Has a non-compliant 43-101 resource estimate taken from the Falconbridge 1999 annual report (817,600 Metric tonnes, 3.05% Nickel, 1.26% Copper, 0.222 G/T Gold, 1.007 G/T Platinum, 1.647 G/T Palladium).
Launay gold property in North Western Quebec: In 1980's, a significant discovery was made on property. 1 Hole ran 69 feet of .124 ounces of gold. Another hole ran 50 feet of .121 ounces of gold. ANother hole ran 91 feet of .122 ounces of gold. These are very wide intersections and very interesting from an economic viewpoint. Follow up drilling suggested that there is faulting and that the zone might have been cut off. However, at the time there was a resource calculated of a couple hundred thousand ounces of potentially minable resource.
Management Pedigree:
President: Jens Hansen(P.Eng): Professional Engineer (Geophysics) with over 30 years experience in the mining and exploration industry with a focus on building junior companies. Previously, employed by Atomic Energy of Canada Limited at the Chalk River nuclear research laboratory and Geoterrex Ltd. President of Melkior Resources Inc and President of Beaufield Resources Inc.
Chairman and Director: Florent Baril(P.Eng):is a Canadian mining industry veteran who operates his own consulting firm specializing in ore processing development, mill design, mill construction and the evaluation of mineral deposits in Canada and internationally.
Director: Norman Farrell (B.Sc.): Founder of Melkior Resources Inc. From 1993 he was president of Forexport Inc, a wholly owned subsidiary of Le Groupe Forex Inc, a public company and one of Canada`s leading Oriented Strand Board(OSB) manufacturer , taken over in 1999 by the multinational forest industry company Louisiana Pacific Corp.
Director: Alan Lee Barker, M.Sc.(Applied), P.Eng., P.Geol.: With over 35 years of experience in the mining industry, Alan Lee Barker is currently president and CEO of Sparton Resources. Since 1991, Mr. Barker has been closely involved in the exploration, discovery, evaluation, and development programs of several significant diamond deposits in Canada's Northwest Territories, South Africa, Angola, and parts of South America. He supervised the initial exploration program on the Diavik Project near Lac de Gras in the Northwest Territories which led to the discovery of over fifty kimberlite bodies.
John Embry, portfolio manager of the Sprott Gold and Precious Metals Fund owns 1.29 million shares purchased in a private placement.
Jens Hansen owns a major chunk of the company himself (between 7-8%).
Do not forget to visit http://www.melkior.com/for additional information and audio commentary from Jens Hansen and John Embry
Management Pedigree:
President: Jens Hansen(P.Eng): Professional Engineer (Geophysics) with over 30 years experience in the mining and exploration industry with a focus on building junior companies. Previously, employed by Atomic Energy of Canada Limited at the Chalk River nuclear research laboratory and Geoterrex Ltd. President of Melkior Resources Inc and President of Beaufield Resources Inc.
Chairman and Director: Florent Baril(P.Eng):is a Canadian mining industry veteran who operates his own consulting firm specializing in ore processing development, mill design, mill construction and the evaluation of mineral deposits in Canada and internationally.
Director: Norman Farrell (B.Sc.): Founder of Melkior Resources Inc. From 1993 he was president of Forexport Inc, a wholly owned subsidiary of Le Groupe Forex Inc, a public company and one of Canada`s leading Oriented Strand Board(OSB) manufacturer , taken over in 1999 by the multinational forest industry company Louisiana Pacific Corp.
Director: Alan Lee Barker, M.Sc.(Applied), P.Eng., P.Geol.: With over 35 years of experience in the mining industry, Alan Lee Barker is currently president and CEO of Sparton Resources. Since 1991, Mr. Barker has been closely involved in the exploration, discovery, evaluation, and development programs of several significant diamond deposits in Canada's Northwest Territories, South Africa, Angola, and parts of South America. He supervised the initial exploration program on the Diavik Project near Lac de Gras in the Northwest Territories which led to the discovery of over fifty kimberlite bodies.
John Embry, portfolio manager of the Sprott Gold and Precious Metals Fund owns 1.29 million shares purchased in a private placement.
Jens Hansen owns a major chunk of the company himself (between 7-8%).
Do not forget to visit http://www.melkior.com/for additional information and audio commentary from Jens Hansen and John Embry
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