Melkior – 82.3 G/T GOLD at Hemlo

Head Office: 66 Brousseau Ave., Suite 207, Timmins, ON P4N 5Y2 Canada

MELKIOR – 82.3 g/t GOLD AT HEMLO

October 9, 2018 Trading Symbol: MKR

TSX Venture Exchange

Timmins, Ontario. Melkior Resources Inc. ( “Melkior”) would like to discuss one of the results

of a reconnaissance and prospecting trip to the White Lake Project (Hemlo Area) that was made

in September 2018.

Four days were spent evaluating access , prospecting and reconnaissance mapping in several areas

of the White Lake Project. During the course of the trip several rock samples were taken for

analysis. One of the bedrock samples taken has assayed 82.3 g/t gold. The 82.3 g/t gold sample

was taken from an unusual segregation of pyrite within a silicified section of what appeared to be

a felsic intrusive. The pyritic segregation was observed to be discontinuous , of very limited extent

and located on the face of a bedrock ledge. The silicified margins contain ed minor pyrite and

assayed 0.7 g/t gold. While th e 82.3 g/t gold assay is encouraging at this time it considered an

aberration. The area will be further prospected this month in an attempt to better understand the

significance. It is noteworthy that this unusual sample occurs on strike with the high -grade

Carroll-MacDougall gold occurrence 930 m to the NNW.

Melkior has requested quotes from several contractors to conduct a helicopter -borne EM and

magnetometer survey over the entire White Lake Project. These quotes are currently being

evaluated and Melkior anticipates awarding the contract in the near future.

Wade Kornik, P.Geo., has approved the information contained in this release. Mr. Kornik is the

Exploration Manager of the Company and is a Qualified Person as defined by National Instrument

43-101.

ON BEHALF OF THE BOARD

Keith James Deluce, CEO

For more information, please contact:

Melkior Resources Inc.

E-mail: [email protected]

Tel: 705-267-4000

The reader is invited to visit Melkior's web site www.melkior.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.