Mr. Sabino Di Paola reports

MELKIOR ACQUIRES ADDITIONAL CLAIM IN CARSCALLEN TOWNSHIP AND UPDATES TIMING OF 2016 DRILL PROGRAM

Melkior Resources Inc. has acquired one mining claim, totalling 64 hectares, from an arm's-length party. The claim adjoins Melkior's Carscallen property located in Carscallen township in Timmins, Ont.

Subject to acceptance from the TSX Venture Exchange, Melkior will issue the vendor 210,000 common shares with respect to the acquisition of the claim. The vendor will retain a 2-per-cent net smelter return royalty, which Melkior has the option to purchase 0.5 per cent for $500,000 and the right of first refusal for the remaining 1.5 per cent.

Acquisition of this mining claim adds to the expanding claim holdings of Melkior Resources in the Timmins West camp. Melkior has accumulated ground with good exploration potential in the vicinity of its Carscallen gold property and Lake Shore Gold Corp./Tahoe Resources Inc.'s Timmins West property.

Carscallen Timmins drilling update

Further to the news release issued on Feb. 20, 2016, Melkior has had to delay its winter drill program. The unusually warm winter and early breakup means drilling will now start May 4, 2016, when the snow has melted and the ground is clear. The objective, however, remains the same, with the focus to drill the interesting new gold zone in volcanics. It will involve entering several existing holes, extending them deeper and redirecting new holes under the wet areas. For more details on the drill program, please refer to the news release issued on Feb. 20, 2016.