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Melkior – Maseres Vtem Survey Magnetic Maps

Exploration Programs

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

MELKIOR – MASERES VTEM SURVEY MAGNETIC MAPS

May 25, 2018 Trading Symbol: MKR

TSX Venture Exchange

Timmins, Ontario. Melkior Resources Inc. (“Melkior”) is releasing six additional maps from the

recently completed $275,000 (2,170-line kilometer) VTEM helicop ter borne magnetometer and

EM survey on the Maseres Project. The two first maps below are provided for regional context.

Maseres Magnetic Survey overlain on Regional Magnetics.

http://www.melkior.com/MKR_Maseres_TMI_Regional.pdf

Maseres TAU overlain on Regional Magnetics.

http://www.melkior.com/MKR_Maseres_TAU_Regional.pdf

MKR_Maseres_25k_TMI : Total magnetic intensity (TMI) colour image and contours.

http://www.melkior.com/MKR_Maseres_25k_TMI.pdf

MKR_Maseres_25k_CVG : Calculated Vertical Derivative.

http://www.melkior.com/MKR_Maseres_25k_CVG.pdf

MKR_Maseres_25k_TotHGrad : Magnetic Total Horizontal Gradient colour image.

http://www.melkior.com/MKR_Maseres_25k_TotHGrad.pdf

MKR_Maseres_25k_TiltDrv : Magnetic Tilt-Angle Derivative colour image.

http://www.melkior.com/MKR_Maseres_25k_TiltDrv.pdf

MKR_Maseres_25k_Hgcxline : Cross-line Gradient.

htttp://www.melkior.com/MKR_Maseres_25k_Hgcxline.pdf

MKR_Maseres_25k_Hginline : In-line Grad

http://www.melkior.com/MKR_Maseres_25k_Hginline.pdf

Magnetic maps and their derivati ves can be used to help define continuity of known geologic

units. Transitions in magnetic pr operties usually reflect trans itions in rock type or alteration,

discontinuities may represent faults. Immediately north of the Maseres Project drilling by Aur

Resources in 1998 (DF-98-01) established bedrock to be volcanic terrain, iron formation was

reported in the drill core. The magnetometer and EM survey, con ducted by Aur Resources,

established formational continuity from DF-98-01 to the northwe st for three kilometers, and six

kilometers to the southeast, w ell into to the current boundarie s of the Maseres Project. Thus, the

northeastern corner of the Maseres Project was established as b eing part of the Urban-Barry

Greenstone Belt in 1998. Melkiors VTEM survey has extended this formational magnetic and EM

trend, the Urban-Barry Greenstone Belt, for an additional 10 ki lometers, well into the central area

of the Maseres Project.

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Within the upcoming week additional VTEM maps will be released, and the discussion of

relevance continued. Interested parties are invited to follow t he discussion, review the VTEM

survey maps and formulate their own opinions. Additional backgr ound and regional context on

the Maseres Project can be gained through a review of Maseres Project news releases.

Melkior is of the opinion the Maseres Project may be situated i n one of the most prospective gold

rich, Bousquet Type, VMS environments Canada has ever seen. The scale is highly unique. This

robust 12 km conductive trend is linked into a very intriguing 4 km by 6 km concentric magnetic

anomaly with an outer robust conductive ring anomaly. A-horizon soil analysis in 2017 over a

portion of the EM trend returned up to 121 ppb Au; 59 ppm Ag; 9 3 ppm Cu; 78 ppm Zn; 30 ppm

Pb (NR September 17, 2017). The reader is reminded that the Mas eres land package is about 12

km by 20 km of contiguous sole ownership. The anomalous trends are centered within the

Maseres Project.

Wade Kornik, P.Geo., has approved the information contained in this release. Mr. Kornik is the

Exploration Manager of the Company and is Qualified Person as d efined 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.