Melkior Acquires Additional Carscallen Claims

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

Melkior Acquires Additional Carscallen Claims

October 13, 2017 Trading Symbol: MKR

TSX Venture Exchange

Timmins, Ontario. Melkior Resources Inc. ( “Melkior”) is pleased to announce that it has

entered into an agreement to purchase an additional 2 claims totaling 14 units in Carscallen

Township, Timmins, Ontario (the “Property”), subject to the acceptance of the TSX Venture

Exchange.

The addition of these two claims is considered highly strategic as they form a bridge between the

Big Marsh Project and the Carscallen Project. The two projects together now form a contiguous

block of 40 group claims comprised of 274 claim units (4,376 hectares). Approximately $36,000

of assessment work is required to maintain claims within the Big Marsh Project within the next

six months. This strategic acquisition will allow Melkior to focus its exploration expenditures on

the Carscallen Project while simultaneously maintaining the Big Marsh Claim group.

Total consideration for the Property is a cash payment of $5,000 (paid) and the issuance of

100,000 common shares upon acceptance of the transaction by the TSX Venture Exchange. The

Property is subject to a 2% net smelter return royalty in favour of the vendors.

Melkior is always searching for new opportunities and is working to enhance its claim inventory

in the Carscallen Township and in Timmins with the goal of increasing shareholder value.

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.

This news release contains forward-looking statements that address future events and conditions, which are subject to various risks

and uncertainties. Melkior’s actual results, programs and financial position could differ materially from those anticipated in such

forward-looking statements as a result of numerous factors, some of which may be beyond Melkior’s control. These factors include:

the availability of funds; the timing and content of work programs; results of exploration activiti es and development of mineral

properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations,

receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal

prices; currency fluctuations; and general market and industry conditions. Forward-looking statements are based on the

expectations and opinions of Melkior’s management on the date the statements are made. The assumptions used in the preparation

of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue

reliance should not be placed on forward-looking statements.

Neither TSX Venture Exchange nor its Reg ulation 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.