Melkior – Maseres VTEM Survey RDI Cross Sections

Timmins, Ontario / TheNewswire / May 30, 2018 – Melkior Resources Inc . (“Melkior “) is releasing the apparent resistivity cross section PDF package 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. MKR_Maseres_TMI_Regional_2. pdf

Maseres VTEM Z dB/dt Channel 10, neighboring conductance related maps. MKR_Maseres_TAU_Regional_2. pdf

Maseres Resistivity Depth Imaging (RDI) Cross Sections (327 MB PDF file)

Geotech states, “Resistivity depth imaging (RDI) is a technique used to rapidly convert EM profile decay data into an equivalent resistivity versus depth cross-section…. RDIs provide reasonable indications of conductor relative to depth and vertical extent, as well as accurate 1D layered-earth apparent conductivity/resistivity structure across VTEM flight lines”.

The MKR_Maseres_RDI_SECTIONS.pdf file allows the viewer to page down and sequentially view apparent resistivity cross sections throughout the entire Maseres Project to a depth of 700m. As you page through the 202 pages of cross sections, the location of the cross section being viewed is displayed to the left on both a plan view of the Calculated Vertical Gradient (CVG) and a plan view of dB/dt Time Constant (Tau).

The Maseres VTEM survey was flown to provide a solid data foundation to the project and to help Melkior focus future exploration efforts. The substantial collective areas prioritized by the VTEM survey requires that additional screening be used to further discriminate priority target zones. Further screening is going to be initially accomplished through prospecting and A-Horizon soil sampling focused over areas of the strongest groups of EM anomalies. The results of the 2017 test soil survey in the northeastern corner of the Maseres Project was considered highly successful. VMS deposits are always zoned, it is hoped that A-Horizon soil sampling can provide data to vector in on areas enriched in gold. While there are a combination of structural targets for gold mineralization and stratigraphic targets, initially the most robust gold rich stratigraphic zones will be preferentially targeted.

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.


Keith James Deluce, CEO

For more information, please contact:

Melkior Resources Inc.

E-mail: [email protected]

Tel: 705-267-4000