Melkior Annual Shareholders Meeting and Corporate Update

OTTAWA, ONTARIO--(Marketwired - March 7, 2016) - Melkior Resources Inc. ("Melkior") (TSX VENTURE:MKR) held its Annual Shareholder meeting on March 4, 2016 in its Ottawa office. The shareholders approved the appointment of the four directors with Sabino Di Paola, Jim Deluce, Bruce Deluce, and Norman Farrell with a 99% approval. Smythe CPA will remain as the Auditors of the Corporation for the August 31, 2016, year end audit.

Melkior personnel will be present at the March 6th to 9th Prospectors and Developers Convention in Toronto (Booth 2903 Beaufield Resources). Melkior Exploration Manager, Wayne Holmstead will be giving a talk about the Carscallen Gold Property at the Ontario Pavilion (Booth 637) on Monday March 7 at 3:30 pm.

This news release has been prepared by Jens E. Hansen, P. Eng, CEO, (613 715 1190) Melkior Resources Inc.

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