Melkior Resources Inc.: Launay Gold Drilling Completed and Exploration Progresses

* Reuters is not responsible for the content in this press release.

Thu Apr 17, 2008 8:01am EDT

  OTTAWA, ONTARIO, Apr 17 (MARKET WIRE) -- 
 Melkior Resources Inc. (TSX VENTURE: MKR) is pleased to announce that it
is actively exploring its properties as indicated.

    LAUNAY GOLD

    Melkior has completed a 1782 metre drill program consisting of eleven
holes on its 100% owned Launay, Quebec gold property. The drill program
targeted two zones discovered and initially drilled in the 1980's namely;
The Principal Zone and Zone 75. Four of the eleven holes were drilled the
Principal Zone and seven holes were drilled on the Zone 75 gold prospect.
Another hole, totalling 279 metres was drilled on the nearby Trojan gold
prospect.

    A total of 806 samples have been submitted for gold assay and the results
are expected from late May to the beginning of June.

    ELDORADO NICKEL

    Fifty eight kilometres of line cutting and magnetometer surveying have
been completed on the 100% owned Eldorado nickel property located 1.5
kilometres north of the Liberty Mines Inc Redstone nickel mine. The
property is 30 kilometres south of Timmins Ontario. Further geophysics is
planned in preparation for 2008 drilling.

    TIMMINS WEST

    Fifty line kilometres of detailed line cutting and magnetometer surveying
have been completed on the 100% owned Timmins West Gold property located
30 kilometres west of Timmins Ontario and 5 kilometres west of the Lake
Shore Gold Corp Bristol Township gold deposit. A drilling program to
follow up on significant gold intersections from a 2007 drilling program
is planned for June 2008.

    GERALDTON-LONGLAC GOLD

    A helicopter Time domain Electromagnetic and magnetometer survey has been
contracted for Melkior's 100% owned Geraldton-Longlac gold property. The
results are expected in May 2008.

    Melkior is well financed to undertake these and other exploration
programs during 2008 with available funds of $4,200,000.

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

    The TSX Venture Exchange (TSX VENTURE) has not reviewed and does not
accept 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 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.

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

Copyright 2008, Market Wire, All rights reserved.

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