Melkior Resources Inc.
TSX VENTURE : MKR

Melkior Resources Inc.

April 22, 2008 08:00 ET

Melkior Flies 1700 Km Megatem East of McFauld's

OTTAWA, ONTARIO--(Marketwire - April 22, 2008) - Melkior Resources Inc. (TSX VENTURE:MKR) has completed an airborne time-domain electromagnetic and magnetometer survey over its claims located east of McFauld's Lake in the James Bay region of Ontario. A total of 1700 line kilometres were surveyed using the Fugro MEGATEM system. Melkior selected Fugro Airborne Surveys Corp. and MEGATEM due to Fugro's extensive worldwide experience surveying for nickel and base metals with many years of experience at target selection. MEGATEM is specifically suited for locating large massive sulphide bodies at depths of several hundred metres. Melkior anticipates that potentially economic targets in this area must be of considerable size hence MEGATEM is the ideal airborne system.

Melkior has agreed to acquire the claims to cover a strong regional gravity anomaly adjacent to the Noront "Ring of Fire" (NR March 27, 2008). From worldwide experience it is known that important nickel mining camps are typically located on or adjacent to regional gravity features caused by heavy geological units that can be indicative of a mafic/ultramafic body which could be the central intrusive source of nickel/copper mineralization.

The results of the MEGATEM survey are expected within six weeks. If massive sulphide targets are detected, these will be followed up by detailed ground geophysics in preparation for drilling, if warranted.

This news release was prepared by Jens E. Hansen, P. Eng, President Melkior Resources Inc., a Qualified Person under NI 43-101.

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 the Company' periodic reports including the annual report or in the filings made by the Company from time to time with securities regulations. The Company undertake no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated event.

The TSX Venture Exchange (TSX-V) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Melkior Resources Inc.
    Jens E. Hansen
    President
    613-721-2919
    613-828-7268 (FAX)
    www.melkior.com