Melkior Resources Inc. (TSX VENTURE:MKR) ("Melkior") is pleased to announce that
it has received positive gold metallurgical results from its Initial
Metallurgical Study for the Carscallen Gold Project in Timmins, Ontario. A
composite of mineralized samples from the ZamZam zone was sent to Activation
Laboratories for preliminary metallurgic testing to assess gold recovery from
samples of representative mineralization. A Knelson concentrator was used for
gravity concentration, and then several cyanidation tests were completed on the
gravity tailings. The combined gravity and cyanidation methods resulted in 95%
gold recovery from 8.72 g/t head grade material. Given the first-pass nature of
this testing, this result is considered to be very positive.


The ZamZam zone is a gold bearing vein system exposed on the surface for a
length of 215 metres and consists of a series of fractures filled with
gold-bearing pyrite and quartz-pyrite veins hosted in granite. Surface grab
samples and channel samples include a sample grading 843.72 g/t gold and surface
channels assaying 4.00 metres grading 4.95 g/t gold and 4.20 metres grading 5.66
g/t gold (see news releases dated September 6th, 2007 and December 17th, 2012).
Shallow and deep drilling also revealed continuity of these gold zones.


The selected composite was derived from 39 residual core samples representative
of the mineralization (i.e. sampled material not used by the laboratory,
commonly called "rejects") and of quarter drill core from the ZamZam zone. The
assayed head grade of the composite was 8.72 g/t Au. The samples selected were
primarily pyrite and quartz veins hosted in granite. The samples which comprise
the composite represent typical near-surface gold intersections found on the
ZamZam zone on the Carscallen property. 17.48 kilograms of material were sent to
Activation Laboratories for metallurgical testing. 59.47% of the gold was
recovered in the gravity concentrate. The combination of gravity concentration
followed by cyanidation of the gravity tailings gave a total recovery and
extraction of 95% of the gold for the Carscallen composite. This is considered
to be a very encouraging result, which demonstrates that the gold can be
efficiently extracted and recovered from the ZamZam zone. Table 1 indicates the
drill core and their widths used in the composite.




----------------------------------------------------------------------------
Hole #                  Assay #   From (m)    To (m)    Length (m)  Au (g/t)
----------------------------------------------------------------------------
CAR-21-2009             E429512      39.00     39.60          0.60      2.10
----------------------------------------------------------------------------
CAR-21-2009             E429515      41.00     41.60          0.60      2.07
----------------------------------------------------------------------------
CAR-21-2009             E429534     128.00    128.85          0.85      4.01
----------------------------------------------------------------------------
CAR-21-2009             E429537     131.15    132.00          0.85      3.30
----------------------------------------------------------------------------
CAR-21-2009             E429544     137.75    138.40          0.65      1.58
----------------------------------------------------------------------------
CAR-21-2009             E429553     143.10    143.90          0.80      1.20
----------------------------------------------------------------------------
CAR-21-2009             E429562     149.90    150.90          1.00      4.98
----------------------------------------------------------------------------
CAR-22-2009             E429584      40.50     41.15          0.65      1.17
----------------------------------------------------------------------------
CAR-22-2009             E429587      43.70     44.40          0.70      1.91
----------------------------------------------------------------------------
CAR-22-2009             E429590     122.30    123.10          0.80      2.49
----------------------------------------------------------------------------
CAR-22-2009             E429591     123.10    123.75          0.65      1.81
----------------------------------------------------------------------------
CAR-22-2009             E429592     126.20    127.00          0.80      1.89
----------------------------------------------------------------------------
CAR-22-2009             E429593     127.00    127.70          0.70     20.70
----------------------------------------------------------------------------
CAR-20-2009             H543651      80.80     81.50          0.70      1.88
----------------------------------------------------------------------------
CAR-20-2009             H543653      82.50     83.50          1.00     10.15
----------------------------------------------------------------------------
CAR-19-2009             H543618      92.00     92.70          0.70     48.00
----------------------------------------------------------------------------
CAR-17-2009             H543908     106.80    107.40          0.60     1.045
----------------------------------------------------------------------------
CAR-17-2009             H543916     120.10    120.95          0.85      9.42
----------------------------------------------------------------------------
CAR-44-2010             I767188     144.00    145.00          1.00      2.89
----------------------------------------------------------------------------
CAR-44-2010             I767191     164.35    165.15          0.80     13.65
----------------------------------------------------------------------------
CAR-44-2010             I767196     200.30    200.80          0.50      11.1
----------------------------------------------------------------------------
CAR-45-2010             I767268      68.65     69.35          0.70      3.28
----------------------------------------------------------------------------
CAR-45-2010             I767269      69.35     69.85          0.50      12.7
----------------------------------------------------------------------------
CAR-18-2009             H543587     181.80    182.40          0.60     15.65
----------------------------------------------------------------------------
CAR-17-2009             H543880      42.25     43.25          1.00       1.2
----------------------------------------------------------------------------
CAR-26-2009             E429751     233.45    233.95          0.50     14.25
----------------------------------------------------------------------------
CAR-26-2009             E429752     233.95    234.65          0.70      4.78
----------------------------------------------------------------------------
CAR-62-2010             J918744      23.25        24          0.75       4.6
----------------------------------------------------------------------------
CAR-62-2010             J918747         72      72.6           0.6       4.9
----------------------------------------------------------------------------
CAR-62-2010             J918751       73.5        74           0.5      22.7
----------------------------------------------------------------------------
CAR-64-2011             J918343         68      68.5           0.5      1.05
----------------------------------------------------------------------------
CAR-64-2011             J918359        100     100.5           0.5      1.27
----------------------------------------------------------------------------
CAR-44-2010             I767232     348.90    349.40          0.50     1.205
----------------------------------------------------------------------------
CAR-45-2010             I767278     177.00    177.50          0.50      1.23
----------------------------------------------------------------------------
CAR-45-2010             I767279     177.50    178.15          0.65     0.324
----------------------------------------------------------------------------
CAR-45-2010             I767280     178.15    178.65          0.50     0.212
----------------------------------------------------------------------------
CAR-45-2010             I767281     181.55    182.55          1.00     0.592
----------------------------------------------------------------------------
CAR-45-2010             I767282     182.55    183.20          0.65      5.22
----------------------------------------------------------------------------
CAR-45-2010             I767283     183.20    183.75          0.55     107.5
----------------------------------------------------------------------------
Table 1: Drill core used for the composite.                                 



Going Forward

The next steps for Carscallen are two-fold: a) a series of shallow drill holes
will be drilled to extend and close off the gold mineralization on the ZamZam
zone for outlining a resource (a total of 600 to 1000 metres of drilling); and
b) the 3D data compilation will be used to target one or more deep holes on the
Shenkman Zone underneath the granite to pursue the source for all near-surface
gold mineralization.


Melkior's Carscallen Gold project is located in the Timmins mining camp which
has excellent infrastructure. The project is accessible year round and has paved
road access.


This Press Release was prepared by Dr. Eric Hebert, P.Geo of GeoVector
Management Inc, and Qualified Person under National Instrument 43-101. 


About Melkior: 

Melkior is a junior exploration company with active exploration projects within
the Timmins gold camp and holds several other exploration properties of which
the most important is the 100% owned Launay gold property in West Quebec.
Melkior also holds two claim groups in the Beardmore Long-Lac gold camps as well
as 49% of the Delta Kenty nickel-copper deposit in Ungava. 


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. 


This press release may contain forward-looking statements that are subject to
known and unknown risks and uncertainties that could cause actual results to
vary materially from targeted results. Such risks and uncertainties include
those described in Melkior's periodic reports including the annual report or in
the filings made by Melkior from time to time with securities regulatory
authorities.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Melkior Resources Inc.
Jens Hansen, P.Eng.
President and CEO
613.721.2919 or Cell: 613.715.1190
613.680.1091 (FAX)
info@melkior.com
www.melkior.com
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