Melkior Resources Inc. ("Melkior") (TSX VENTURE:MKR) is pleased to announce that
it has entered into an option and joint-venture agreement with Beaufield
Resources Inc. ("Beaufield") on its wholly owned Launay gold project (the
"Project") located in Launay township, in the province of Quebec.


Under the terms of the agreement signed today, which remains subject to
regulatory approval, Beaufield will have the option to earn an interest of up to
50% in the Project by incurring exploration expenditures aggregating $1,250,000
over five years, with a minimum $250,000 of exploration expenditures in the
first year. Beaufield will earn 10% interest for each $250,000 of exploration
expenses. 


Melkior will remain as the operator on the Project until the first $250,000 of
exploration expenditures is spent. Melkior or Beaufield will thereafter be the
operator until the end of the option period. Drilling on the Project planned to
start later in November 2013. 


Melkior is pleased to advance exploration on the Project, which is located in
the Val-D'Or Rouyn Noranda mining camp and benefits from excellent
infrastructure. 


Jens E. Hansen is President, CEO and director of Melkior and Beaufield. As such,
Mr. Hansen is a "non-arm's length party" as defined in the Policies of the TSX
Venture Exchange. The joint venture agreement was considered and approved by
both boards of directors other than the common director who abstained from such
approval.


About Melkior:  

Melkior is a junior exploration company with active exploration projects in West
Timmins, Ontario 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)
info@melkior.com
www.melkior.com


Sabino Di Paola, CFO
613.293.9219
613.680.1091 (FAX)
sabino.dipaola@accmadeeasy.ca

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