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Melkior SUMMER/2019 Exploration Program Begins IN Maseres

Exploration Programs

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

MELKIOR SUMMER/2019 EXPLORATION PROGRAM BEGINS IN

MASERES

June 4, 2019 Trading Symbol: MKR

TSX Venture Exchange

Timmins, Ontario. Melkior Resources Inc. (“Melkior”) (TSXV:MKR) is pleased to announce that

it has renewed its drill permit for the Maseres project in the Urban-Barry Camp. The renewed permit

is valid until March 31, 2020.

Melkior confirms that Geologica Groupe-Conseil Inc. has arrived on site to commence phase 1 of

the summer exploration program. The summer program will be oriented towards exploration for

potential auriferous structural controls and base metals targets. A summary of the 3 phases planned

for the summer program can be viewed at the link below:

http://www.melkior.com/melkior-contracts-consulting-firm-for-maseres/

Jim Deluce, CEO of Melkior remarks, “We are glad to have the drilling permit renewed until March

2020. With the summer program commencing this week, any high priority targets identified will be

evaluated for future drilling.”

About the Maseres Project:

Melkior has advanced the Maseres Project consistently and aggressively since staking in March

2017. The 2,170-line kilometer GEOTECH VTEM plus time-domain helicopter-borne

magnetometer and EM survey was completed in March 2018. Detailed soil sampling over the

intriguing priority EM trends was undertaken through 2017 and 2018. To continue to advance the

Maseres Project it was necessary to establish EM anomaly causation. The most prominent and

accessible EM trend was selected as a focus area where a line cutting grid was established and

ground geophysics conducted in November and December 2018. This ground work established the

location of the EM anomalies with sufficient accuracy to permit drill targeting and the completion

of the First Phase drilling campaign.

This maiden drill program established that the priority EM anomalies reflect the presence of VMS

stratigraphy on the Maseres Project along the 2.3 km of the drilled trend. Melkior has over 20 km

of additional strike length to investigate along the surface. Maximum assays for the main VMS

elements were 181.0 g/t Ag, 0.14 % Cu, 0.69 Pb, 1.74 % Zn, 0.309 ppm Au.

ON BEHALF OF THE BOARD

Keith James Deluce, CEO

2

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.