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Melkior – Maseres Vtem Survey Rdi Cross Sections

Exploration Programs

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

MELKIOR – MASERES VTEM SURVEY RDI CROSS SECTIONS

May 30, 2018 Trading Symbol: MKR

TSX Venture Exchange

Timmins, Ontario. Melkior Resources Inc. (“Melkior”) is releasing the apparent resistivity cross

section PDF package from the recently completed $275,000 (2,170 -line kilometer) VTEM

helicopter borne magnetometer and EM survey on the Maseres Proj ect. 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_2.pdf

Maseres VTEM Z dB/dt Channel 10, neighboring conductance related maps.

http://www.melkior.com/MKR_Maseres_TAU_Regional_2.pdf

Maseres Resistivity Depth Imaging (RDI) Cross Sections (327 MB PDF file)

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

Geotech states, “Resistivity depth imaging (RDI) is a technique used to rapidly convert EM profile

decay data into an equivalent resistivity versus depth cross-se ction.... RDIs provide reasonable

indications of conductor relative to depth and vertical extent, as well as accurate 1D layered-earth

apparent conductivity/resistivity structure across VTEM flight lines".

The MKR_Maseres_RDI_SECTIONS.pdf file allows the viewer to page down and sequentially

view apparent resistivity cross sections throughout the entire Maseres Project to a depth of 700m.

As you page through the 202 pages of cross sections, the location of the cross section being viewed

is displayed to the left on both a plan view of the Calculated Vertical Gradient (CVG) and a plan

view of dB/dt Time Constant (Tau).

The Maseres VTEM survey was flown to provide a solid data foundation to the project and to help

Melkior focus future exploration efforts. The substantial colle ctive areas prioritized by the VTEM

survey requires that additional screening be used to further di scriminate priority target zones.

Further screening is going to be initially accomplished through prospecting and A-Horizon soil

sampling focused over areas of the strongest groups of EM anoma lies. The results of the 2017 test

soil survey in the northeastern corner of the Maseres Project w as considered highly successful.

VMS deposits are always zoned, it is hoped that A-Horizon soil sampling can provide data to vector

in on areas enriched in gold. While there are a combination of structural targets for gold

mineralization and stratigraphic targets, initially the most ro bust gold rich stratigraphic zones will

be preferentially targeted.

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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 Maseres 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.