Mr. Jonathon Deluce reports

MELKIOR ANNOUNCES CARSCALLEN DRILLING UPDATE AND COMMENCEMENT OF DOWN-HOLE GEOPHYSICAL SURVEY

Melkior Resources Inc. is awaiting the drill results of its 1,950-metre drill program at the Carscallen project in Timmins. Its third drill hole testing the Mise-a-la-Masse target was extended from a planned 600 metres to 750 metres in total.

The company has engaged the services of Exsics Exploration Inc., a geophysical consulting firm, to perform a downhole electromagnetic survey on CAR-20-06. The drill is still on the Carscallen site and, pending favourable results, the company wants to start on a follow-up drill program immediately. This additional Mise-a-la-Masse survey will help establish the strike direction of this new target to plan subsequent drilling.

Jonathon Deluce, chief executive officer of Melkior, remarks: "We are looking forward to getting back out to the project to complete a follow-up Mise-a-la-Masse survey on CAR-20-06. The survey will provide a better definition of the target's strike direction to prepare us for immediate follow-up drilling if the results warrant it. Results from holes CAR-20-04 to CAR-20-06 will be announced shortly."

Qualified person

All technical information in this press release has been reviewed and approved by Peter Caldbick, professional geoscientist. Mr. Caldbick is a consultant for Melkior and a qualified person for the purposes of National Instrument 43-101.