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Melkior Announces Carscallen Drilling Update and Commencement of Down-Hole Geophysical Survey

Exploration Programs

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

Melkior Announces Carscallen Drilling Update and Commencement of Down-Hole

Geophysical Survey

May 5, 2020 Trading Symbol: MKR

TSX Venture Exchange

Timmins, Ontario. Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) is

pleased to announce that we are awaiting the drill results of our 1,950-meter drill program at the

Carscallen Project in Timmins. Our third drill hole testing the Mise-a-la-Masse target was

extended from a planned 600 meters to 750 meters in total. This target can be seen below:

The Company has engaged the services of Exsics Exploration Inc. (a geophysical consulting firm)

to perform a downhole electromagnetic survey on CAR-20-06. The drill is still on the Carscallen

site, and pending favorable results, the Company wants to start on a follow-up drill program

immediately. This additional Mise-a-la-Masse survey will help establish the strike direction of

this new target to plan subsequent drilling.

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Jonathon Deluce, CEO of Melkior, remarks, “We are looking forward to getting back out to the

project to complete a follow-up Mise-a-la-Masse survey on CAR-20-06. The survey will provide

a better definition of the target’s strike direction to prepare us for immediate follow-up drilling if

the results warrant it. Results from holes CAR-20-04 to CAR-20-06 will be announced shortly.”

Qualified Person

All technical information in this press release has been reviewed and approved by Peter Caldbick,

P.Geo. Mr. Caldbick is a consultant for Melkior and a Qualified Person for the purposes of National

Instrument 43-101.

ON BEHALF OF THE BOARD

Jonathon Deluce, CEO

For more information, please contact:

Melkior Resources Inc.

E-mail: [email protected]

Tel: 226-271-5170

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.