Melkior Resources Commences over 3,000 Meter Drill Program on the Bonanza Gold Zones of 1010 and Zamzam-Jowsey Prospect at the Carscallen Gold Property in Timmins, Ontario

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Melkior Resources Commences over 3,000 Meter Drill Program on the Bonanza Gold Zones of 1010 and Zamzam-Jowsey Prospect at the Carscallen Gold Property in Timmins, Ontario (TheNewswire)                                                                                                                April 24, 2026 – TheNewswire - Timmins, Ontario – Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV: MKR) (OTC: MKRIF) is pleased to announce the commencement of the 10-Holes Drilling Program totalling over 3,000 meters at its 100%-owned Carscallen Gold Project approximately 25 kilometres west of the City of Timmins. Exploration Highlights  The 10-holes drill program will focus on the expanding the high-grade gold zones at 1010 South, 1010 North, Zamzam and Jowsey Gold showings from historical drill holes. One (1) drill hole will also test new gold opportunities at the Northwest Prospect - an unexplored area 500m north of 1010 North zone, which has the same magnetics and IP chargeability / resistivity response to other gold mineralised areas at Carscallen (Table 1, Figures 2-4).     The proposed four (4) hole drilling with a combined total of 1,250 meters at the 1010 North and 1010 South zones will test the lateral and vertical extents of the bonanza grade gold intersection from hole MKR-24-002, which intersected 77.4 gpt gold over 6.90 meters, including 445.0 gpt gold over 1.20 meters at the 1010 South.     The addition of five (5) holes fence drilling program with an aggregate total meter of 1,630 at the Zamzam-Jowsey Zones will test the persistency of high-grade ore shoots along strike and down plunge from past drill programs. The proposed drill holes have a target depth ranging from 150 meters to 600 meters.    The Drill Rig from Forage DCB, a Quebec-based company will mobilize to Carscallen Property in mid April 2026. The Drilling Program is anticipated to be completed within 6-8 weeks. The first set of assay results are expected by the end of June.    Melkior was granted a 3-year Exploratio...

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