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    Melkior Terminates Interest in West Rim McFaulds

    Investing News Network
    Mar. 25, 2011 07:44AM PST
    Base Metals Investing

    Melkior Resources Inc. (CVE:MKR) reports it will relinquish its interest in the West Rim McFaulds nickel property in Ontario.

    Melkior Resources Inc. (TSXV:MKR) reports it will relinquish its interest in the West Rim McFaulds nickel property in Ontario.

    The press release is quoted as saying,

    The West Rim McFaulds nickel property is located approximately 40 kilometres northeast of Melkior’s 100% owned East Rim McFaulds nickel property.  In July 2008, a 1438 line kilometre MEGATEM survey was flown by Fugro Airborne Surveys.  A full interpretation of the airborne data on a line by line review was not successful in generating any near-surface bedrock conductors.  The early time anomalies were also investigated, but appear to be broad in nature and very weak, indicative of overburden response.

    For the complete press release, click here.

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