# Correction: Melkior Yields up to 12.6% Copper, 43.9 g/t Gold and 13.1% Zinc in Phase 1 Prospecting at Genex

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/correction-melkior-yields-up-to-12-6-copper-43-9-g-t-gold-and-13-1-zinc-in-phase--700b8c5f-d01d-43c9-a54d-8ea794b14c19

Original source: https://money.tmx.com/en/quote/MKR/news/8736853195840451/correction-melkior-yields-up-to-12-6-copper-43-9-g-t-gold-and-13-1-zinc-in-phase

Publisher: tmx

Original announcement: 2023-10-04T14:15:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Melkior Resources Inc.

- Ticker: MKR

- Exchange: TSX

- Region: Timmins, Ontario

- Primary commodity: Gold

- Secondary commodities: Copper, Zinc, Silver, Cobalt

- Document categories: Drill results, Other

- Extracted: 2026-08-23 22:54:14 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Melkior Resources reported high-grade prospecting results from its Phase 1 program at the Genex project, including gold grades up to 43.9 g/t and copper up to 12.6%. The results, obtained via chip and float sampling, suggest significant mineralized extension to the north of the historical Genex mine.

Reasoning: Strong prospecting results \(up to 43.9 g/t Au and 12.6% Cu\) validate the extension of the Genex deposit, though the sampling method \(float/chip\) carries higher geological uncertainty than drilling.

- Positive factor: High-grade gold intercepts on float

- Positive factor: Strong copper and zinc values in prospecting samples

- Positive factor: Validation of northern extension potential

- Negative factor: Sampling is preliminary \(chip/float\) and not comparable to drill or channel sampling

Facts used in scoring: 8

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions AGAT laboratory, fire assay, standards, and blanks.

Evidence · text

> Rock samples were sent to AGAT in Timmins, ON... Standards, and blanks were inserted into the sample stream.

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Martin Demers, P.Geo. is named as the Qualified Person.

Evidence · text

> All technical information in this press release has been reviewed and approved by Martin Demers, P.Geo.

## Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

## Drill Results (8)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-melkior-yields-up-to-12-6-copper-43-9-g-t-gold-and-13-1-zinc-in-phase--700b8c5f-d01d-43c9-a54d-8ea794b14c19#fact-drill-facts-0)

copper

#### Identity

- Commodity: copper
- Ticker: MKR

#### Geometry

- Grade: 12.6
- Grade Unit: %

#### Classification

- Sample Type: surface
- Group ID: F213572:0-0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-10-04T00:00:00.000Z

Reasoning: 12.6% Cu is an exceptional grade for prospecting.

- Positive factor: Exceptional copper grade

- Negative factor: Surface sampling only

Evidence · text

> Sample F213572 assayed 12.6% copper

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-melkior-yields-up-to-12-6-copper-43-9-g-t-gold-and-13-1-zinc-in-phase--700b8c5f-d01d-43c9-a54d-8ea794b14c19#fact-drill-facts-1)

gold

#### Identity

- Commodity: gold
- Ticker: MKR

#### Geometry

- Grade: 4.48
- Grade Unit: g/t

#### Classification

- Sample Type: surface
- Group ID: F213572:0-0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-10-04T00:00:00.000Z

Reasoning: 4.48 g/t Au is a strong result for a prospecting program.

- Positive factor: Strong gold grade

- Negative factor: Surface sampling only

Evidence · text

> Sample F213572 assayed 12.6% copper, 4.48 g/t gold

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-melkior-yields-up-to-12-6-copper-43-9-g-t-gold-and-13-1-zinc-in-phase--700b8c5f-d01d-43c9-a54d-8ea794b14c19#fact-drill-facts-2)

silver

#### Identity

- Commodity: silver
- Ticker: MKR

#### Geometry

- Grade: 24.4
- Grade Unit: g/t

#### Classification

- Sample Type: surface
- Group ID: F213572:0-0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-10-04T00:00:00.000Z

Reasoning: Silver reported as a byproduct in a high-grade copper/gold sample.

- Positive factor: Silver credits present

Evidence · text

> Sample F213572 assayed 12.6% copper, 4.48 g/t gold, 24.4 g/t silver

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-melkior-yields-up-to-12-6-copper-43-9-g-t-gold-and-13-1-zinc-in-phase--700b8c5f-d01d-43c9-a54d-8ea794b14c19#fact-drill-facts-3)

cobalt

#### Identity

- Commodity: cobalt
- Ticker: MKR

#### Geometry

- Grade: 0.047
- Grade Unit: %

#### Classification

- Sample Type: surface
- Group ID: F213572:0-0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-10-04T00:00:00.000Z

Reasoning: Trace cobalt reported.

Evidence · text

> Sample F213572 assayed 12.6% copper, 4.48 g/t gold, 24.4 g/t silver, 0.047% cobalt

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-melkior-yields-up-to-12-6-copper-43-9-g-t-gold-and-13-1-zinc-in-phase--700b8c5f-d01d-43c9-a54d-8ea794b14c19#fact-drill-facts-4)

copper

#### Identity

- Commodity: copper
- Ticker: MKR

#### Geometry

- Grade: 7.5
- Grade Unit: %

#### Classification

- Sample Type: surface
- Group ID: F213671:0-0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-10-04T00:00:00.000Z

Reasoning: 7.5% Cu is a very strong result for float material.

- Positive factor: High copper grade on float

- Negative factor: Float sampling

Evidence · text

> Sample F213671 assayed 7.5% copper

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-melkior-yields-up-to-12-6-copper-43-9-g-t-gold-and-13-1-zinc-in-phase--700b8c5f-d01d-43c9-a54d-8ea794b14c19#fact-drill-facts-5)

gold

#### Identity

- Commodity: gold
- Ticker: MKR

#### Geometry

- Grade: 2.3
- Grade Unit: g/t

#### Classification

- Sample Type: surface
- Group ID: F213671:0-0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-10-04T00:00:00.000Z

Reasoning: 2.3 g/t Au accompanies high copper grade.

- Positive factor: Gold present with high copper

- Negative factor: Float sampling

Evidence · text

> Sample F213671 assayed 7.5% copper, 2.3 g/t gold

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-melkior-yields-up-to-12-6-copper-43-9-g-t-gold-and-13-1-zinc-in-phase--700b8c5f-d01d-43c9-a54d-8ea794b14c19#fact-drill-facts-6)

gold

#### Identity

- Commodity: gold
- Ticker: MKR

#### Geometry

- Grade: 43.9
- Grade Unit: g/t

#### Classification

- Sample Type: surface
- Group ID: F213516:0-0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-10-04T00:00:00.000Z

Reasoning: 43.9 g/t Au is an exceptional grade for prospecting.

- Positive factor: Bonanza grade gold

- Negative factor: Float sampling

Evidence · text

> Sample F213516 assayed 0.095 % copper, 0.7% zinc, 43.9 g/t gold

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-melkior-yields-up-to-12-6-copper-43-9-g-t-gold-and-13-1-zinc-in-phase--700b8c5f-d01d-43c9-a54d-8ea794b14c19#fact-drill-facts-7)

zinc

#### Identity

- Commodity: zinc
- Ticker: MKR

#### Geometry

- Grade: 0.7
- Grade Unit: %

#### Classification

- Sample Type: surface
- Group ID: F213516:0-0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-10-04T00:00:00.000Z

Reasoning: Zinc reported as byproduct.

Evidence · text

> Sample F213516 assayed 0.095 % copper, 0.7% zinc, 43.9 g/t gold

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.