CORRECTION FROM SOURCE-Melkior Resources Inc.: Additionnal High Nickel and Copper Values on Delta-Kenty Property.

Business Editors

MONTREAL--(BUSINESS WIRE)--Jan. 22, 2004

Correction to press release sent out earlier today. Changes were made to the table, in reference to the "Assay Results"; the complete and corrected version follows below.

Falconbridge Ltd. (TSX: "FL") (51% owner) and Melkior Resources Inc. (TSX-V: "MKR") (49% owner) are pleased to announce assay results from selected grab samples taken during their joint August and September, 2003 exploration campaign on the Delta-Kenty property. This property consists of 41 ground-staked claims totalling 656 hectares located about 35 km west of the Falconbridge-owned Raglan mine. The property currently hosts historical reserves of 817,000 tons grading 3.05% Ni, 1.26% Cu and 2.6 ppm of Pd + Pt held in two distinct zones (D8 and D9) along a shear zone.

Nickel (Ni) and Copper (Cu) values have been calculated to 100% Sulfide equivalents. The mineralization present in the following samples represents 2 - 8% disseminated, often dusty pyrrhotite with trace amounts up to 2% disseminated chalcopyrite.

Sample   Rock Type              Assay results         100% Sulfide
                     Ni (%) Cu (%)  PGE (g/t)  S (%)  Ni (%)  Cu (%)
------ ------------- ------ ------ ---------- ------ ------- -------
D74756 Alkali Basalt  0.02   0.06       0.04   2.01    0.39    1.16
D74758 Peridotite     0.66   0.28       0.94   1.62   12.50    6.25
D74779 Peridotite     0.57   0.88       0.65   1.70    9.89   18.53
D74780 Peridotite     1.03   0.17       1.10   1.95   17.06    3.12

The selected surface samples were collected from the mineralized ultramafic body in the vicinity of the large but weak AEROTEM anomaly located immediately west of the D4 zone, which will be covered next spring by DEEPEM. Results are presently being compiled. This sampling was precipitated by the receipt of an anomalous nickel assay from a sample collected earlier in 2003. This first sample contained 0.66% Ni and 0.28% Cu with only 1.62% S, which equates to 14.6% Ni in 100% sulphides. Similarly, samples D74758 and D74780 contain grades of 0.66% Ni 0.28% Cu and 1.03% Ni 0.17% Cu which adjusted for the Sulfides represent 12.5% Ni 6.25% Cu and 17.06% Ni 3.12% Cu respectively.

The details of the 2004 exploration campaign will be announced as soon as all the data will be compiled.