Melkior Resources - Maseres VTEM Survey Db/Dt, Tau Maps

Timmins, Ontario / TheNewswire / May 28, 2018 - Melkior Resources Inc. ("Melkior") is releasing six additional maps from the recently completed $275,000 (2,170-line kilometer) VTEM helicopter 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.

Maseres TAU overlain on Regional Magnetics.

MKR_Maseres_25K_TauBF: BField Calculated Time Constant (Tau)

MKR_Maseres_25K_TauSF: dB/dt Calculated Time Constant (Tau)

MKR_Maseres_25K_SFxFF20: Fraser Filtered dB/dt X Component Channel 20, Time Gate 0.220 ms colour image.

MKR_Maseres_25K_SFz10: dB/dt Z Component Channel 10 Time Gate 0.055 ms.

MKR_Maseres_25K_SFz25: dB/dt Z Component Channel 25 Time Gate 0.440 ms.

MKR_Maseres_25K_SFz40: dB/dt Z Component Channel 40 Time Gate 3.521 ms.

Geotech states, "The most reliable method to discriminate or rank conductors ..... is by calculating the EM field decay time constant (TAU parameter), which directly depends on conductance despite their depth and accordingly amplitude of the response...The EM Time-Constant (TAU) is a general measure of the speed of decay of the electromagnetic response and indicates the presence of eddy currents in conductive sources as well as reflecting the "conductance quality" of a source... Generally, TAU calculated on base of early time response reflects both near surface overburden and poor conductors whereas, in the late ranges of time, deep and more conductive sources".

Tomorrows new release will present apparent resistivity depth slices (RDI)!! Interested parties are invited to follow the discussion, review the VTEM survey maps and formulate their own opinions. Additional background 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 in 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; 93 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 defined by National Instrument 43-101.

ON BEHALF OF THE BOARD

Keith James Deluce, CEO

For more information, please contact:

Melkior Resources Inc.

E-mail: info@melkior.com

Tel: 705-267-4000

The reader is invited to visit Melkior's web site www.melkior.com.

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