Melkior Announces Management Change

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

MELKIOR ANNOUNCES MANAGEMENT CHANGE

August 1, 2018 Trading Symbol: MKR

TSX Venture Exchange

Timmins, Ontario. Melkior Resources Inc. (“ Melkior” or the “ Company”) is pleased to

announce that it has appointed Sung Min (Eric) Myung as the Chief Financial Officer of the

Company and Jo-Anne Archibald as the Corpor ate Secretary effective August 1, 2018. The

appointments of Mr. Myung and Ms. Archibald will fill the vacancies created by the accepted

resignations of P. Joseph Meagher as the Chie f Financial Officer and Carrie Cesarone as the

Corporate Secretary. The Company thanks Mr. Meagher and Ms. Cesarone for their valuable

contributions to the Company and wishes them well in all future endeavors.

Mr. Myung brings financial expe rience to the Company having wo rked as a senior financial

analyst with Marrelli Support Services Inc. Ms. Archibald brings corporate governance

experience to the Company having served previously as Senior Vice President at TMX Equicom

and is currently the President of DSA Corporate Services Inc..

The Company is looking forward to working with both Mr. Myung and Ms. Archibald.

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.