Melkior - Maseres Drill Permit Received

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

MELKIOR - MASERES DRILL PERMIT RECEIVED

December 11, 2018 Trading Symbol: MKR

TSX Venture Exchange

Timmins, Ontario. Melkior Resources Inc. ( “Melkior”) is pleased to announce receipt of the

drilling permit for the for the Maseres Project. The drill permit for the Maseres Project provides

for 64 drill set -up areas. The set -up areas permitted are generally centered on areas located

approximately 50m south-west of each of the VTEM EM anomalies within the area of the new

grid. Priority targets identified from the preliminary IP pseudo sections will b e targeted to

commence the drill program as soon as practicably feasible.

A 46 line-kilometer induced polarization survey is currently being conducted by GÉOPHYSIQUE

TMC from Val-d’Or. Data collection for the IP survey is expected to be completed by December

24, 2018. Additional IP pseudo sections have been published on the Melkior website, the most

recent being L15+00N (http://www.melkior.com/ip/).

Jim Deluce, CEO of Melkior remarks, “Melkior has aggressive ly advanced the Maseres Project

since it was staked in March 2017. To take a pr oject of this magnitude from staking to drill ready

status in less than two years is a major accomplishment. All of the geological information we have

acquired has reinforced our interpretation that Maseres could be a generational exploration

opportunity. The ongoing IP survey is providing us with the detail we need to spot some

intelligent drill holes. We intend to have drill core assay results published before our second

anniversary. Melkior is committed to building value for its shareholders.”

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.