Melkior Resources Inc. TSX VENTURE: MKR

OTTAWA, ONTARIO--(Marketwire - Feb. 29, 2008) - Melkior Resources Inc. (TSX VENTURE:MKR) is pleased to appoint Michael A. Berry, Ph.D. advisor to Melkior. Dr. Berry has extensive experience as an institutional money manager having worked with the Virginia Retirement System, Dreman Value Advisors (Zurich Kemper) and Heartland Advisors Inc. He has advised governments of Costa Rica, Canada and China (PRC) as well as The Work Bank, USAid, Citigroup and Solomon Brothers.

From September 1999 to the present, Dr. Berry has become renowned as a discovery investing innovator. He offers his insights on great discovery companies to investors in his popular Morning Notes. In addition, he is featured as a keynote speaker at major investment conferences around North America and abroad.

We look forward to Dr. Berry's sage advice on how to best introduce investors, around the world, to Melkior.

In addition, Melkior is pleased to appoint Michel Blouin as Secretary. Michel Blouin is a partner at the legal firm of Lavery, de Billy L.L.P.

Melkior has granted 200,000 stock options to Michael A. Berry and 200,000 stock options to Michel Blouin, exercisable at $0.25 valid for 5 years.

This news release was prepared by Jens E. Hansen, P. Eng Director and President of Melkior.

The TSX Venture Exchange (TSX-V) 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