Melkior Resources Inc. Announces Private Placement of up to $750,000

Melkior Resources Inc. ("Melkior") (TSX VENTURE:MKR) is pleased to announce a
non-brokered private placement of up to 15,000,000 units at a price of $0.05 per
unit for gross proceeds of $750,000 (the "Offering"). Each unit is comprised of
one common share and one common share purchase warrant. Each whole warrant
entitles its holder to purchase one additional common share at a price of $0.05
for a period of 12 months following the closing. 


In connection with the Offering, Melkior may pay a finders' fee of up to 7% of
Gross Proceeds payable in cash and 10% in warrants. Each whole warrant entitles
the holder to purchase a common share at a price of $0.05 CAD per share for a
period of 12 months following the Closing.


In accordance with securities legislation currently in effect in Canada, the
Shares, the Warrants and the Warrant Shares will be subject to a "hold period"
of four months plus one day from the date of closing of the private placement.


The proceeds from the offering will be used to undertake planned data
compilation and exploration work on some or all of Melkior's key properties. On
the Launay and Carscallen Timmins gold properties, Melkior plans to complete
in-fill drilling programs as well as the preparation/interpretation of a
possible resource calculations and NI 43-101 reports. On the Kenty Lake Ungava
property, Melkior will engage a geologist to design an exploration program to
expand the copper-nickel-PGE resource presently estimated at 800,000 tonnes


The Offering is subject to regulatory approval.

About Melkior:

Melkior is a junior exploration company with active exploration projects in West
Timmins 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 important claim groups in the Beardmore Long-Lac gold camps.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Melkior Resources Inc.
Jens Hansen, President
613.721.2919
613.680.1091 (FAX)
melkior@rogers.com


Melkior Resources Inc.
Sabino Di Paola, CFO
613-293-9219
613.680.1091 (FAX)
sabino.dipaola@accmadeeasy.ca
www.melkior.com

Melkior Resources (TSXV:MKR)
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