MKR.V · 2019-01-02 12:00:00

TSX Venture Exchange

Exploration Programs Marketing Announcement

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

MELKIOR – MASERES 5000m DRILLING STARTS 15 JANUARY, 2019

January 2, 2019 Trading Symbol: MKR

Timmins, Ontario. Melkior Resources Inc. (“ Melkior”) is pleased to announce that a drill

contract has been awarded for th e Maseres Project. The drill contra ct is for a maximum of 5,000

meters of NQ drilling. Drilling is anticipated to begin on January 15, 2019.

Additional geophysical information from the recently completed IP survey is expected to be

available shortly and will be incorporated in part on Melkiors website. This information will

include priority recommended target locations from TMC Geophysics as well as a 3D inversion

model of the chargeability data.

Melkior would like to state that it is not currently in posse ssion of any Material Nonpublic

Information.

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

Exploration Manager of the Company and is a Qualified Person as defined by National Instrument

43-101.

ON BEHALF OF THE BOARD

Keith James Deluce, CEO

For more information, please contact:

Melkior Resources Inc.

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.