• Melkior Resources Inc. (TSX-V: MKR) (“MKR”, or “Company”) is a junior mining company with a focus on precious metals, specifically gold. The Company owns four exploration-stage projects in its mineral portfolio, all of which are located in premier jurisdictions Ontario and Quebec.
• Strong Partnerships Provide Significant Valuation Leverage: The company has two option agreements in place with world-class miners Barrick Gold Corp. (TSX: ABX) and Kirkland Lake Gold Ltd. (TSX: KL), with room for the agreements to transition to conditional joint venture (“JV”) agreements. The agreements are structured to provide the partners ownership interest in return for shouldering exploration and development costs, giving MKR the potential to realize significant asset valuation growth at lower near-term cost.
• Favorable Asset Positioning: MKR's assets are all positioned in strong mining jurisdictions, and in close proximity to the holdings of other mining companies. We believe there is a positive
24 Feb 2021
Melkior Resources Inc. (TSXV: MKR) – Gold Explorer with Strong Partners in World-Class Mining Jurisdictions
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Melkior Resources Inc. (TSXV: MKR) – Gold Explorer with Strong Partners in World-Class Mining Jurisdictions
• Melkior Resources Inc. (TSX-V: MKR) (“MKR”, or “Company”) is a junior mining company with a focus on precious metals, specifically gold. The Company owns four exploration-stage projects in its mineral portfolio, all of which are located in premier jurisdictions Ontario and Quebec.
• Strong Partnerships Provide Significant Valuation Leverage: The company has two option agreements in place with world-class miners Barrick Gold Corp. (TSX: ABX) and Kirkland Lake Gold Ltd. (TSX: KL), with room for the agreements to transition to conditional joint venture (“JV”) agreements. The agreements are structured to provide the partners ownership interest in return for shouldering exploration and development costs, giving MKR the potential to realize significant asset valuation growth at lower near-term cost.
• Favorable Asset Positioning: MKR's assets are all positioned in strong mining jurisdictions, and in close proximity to the holdings of other mining companies. We believe there is a positive