Alaska Energy Metals Corp.

Highlights: Millrock partner Resolution Minerals has completed a rotary air blast drilling program at the Sunrise prospect, West Pogo block, 64North gold project, Alaska. Drilling targeted intrusion-hosted disseminated gold mineralization exposed in a road cut located approximately four kilometers southwest of the Pogo Mine operated by Northern Star Resource Ltd. Results from drilling are expected in May. Resolution [...]

In a news release issued earlier today by Millrock Resources Inc. , we are advised by the company that their forward-looking statement paragraph was not included in the release. Complete corrected text follows. Highlights: Millrock has signed an option to purchase a 100% interest in the former producing Grant Mine near Fairbanks, Alaska. The Grant Mine is a high-grade vein deposit with expansion potential. Indicated and [...]

Highlights: Millrock has signed an option to purchase a 100% interest in the former producing Grant Mine near Fairbanks, Alaska. The Grant Mine is a high-grade vein deposit with expansion potential. Indicated and Inferred Resources have been estimated at 340,800 ounces of gold. Strategic partner Felix Gold may elect to assume the option in exchange for a royalty interest in favour of Millrock. Millrock signed a letter of [...]

Millrock Resources Inc. reports that the upsized bought deal and concurrent non-brokered private placements reported in the Company's news releases of February 23 and March 2, 2021 have closed. Gross proceeds totaling $3,146,434.80 were raised by the Company's issuance of 37,016,880 units at a price of $0.085 per Unit , including 4,311,000 Units issued pursuant to REDPLUG Inc.'s exercise of the over-allotment option. Each [...]

Millrock Resources Inc. reports that, due to overwhelming demand from its existing shareholder base, the bought deal and concurrent non-brokered private placements announced on February 23, 2021 have been upsized. The bought deal private placement being undertaken by REDPLUG Inc. as underwriter will now consist of 23,000,000 units of the Company at a price of $0.085 per Unit for aggregate gross proceeds of $1,955,000 [...]

Millrock Resources Inc. announces that it has entered into an underwriting agreement with Redplug Inc. pursuant to which REDPLUG has agreed to purchase, on a bought deal private placement basis, 18,000,000 units of the Company at a price of $0.085 per Unit for aggregate gross proceeds of $1,530,000 , of which REDPLUG has deposited $1,275,000 in trust with Millrock. REDPLUG has also been granted an option, exercisable in [...]

Highlights 208 State of Alaska mining claims have been staked to cover areas prospective for gold mineralization. Land holdings in the Fairbanks Gold District now cover approximately 20,200 hectares. Plans are being made to begin rotary drilling at the Treasure Creek project to test for extensions of gold discoveries made by prior workers. An airborne magnetic survey was completed over the Treasure Creek project [...]

Highlights The amendment provides Millrock with additional equity exposure in Resolution Minerals in return for a reduction in earn-in exploration expenditure requirements. The amendment will allow Resolution Minerals to raise funds for continued drilling at the 64North gold project. Resolution Minerals indicates it plans to drill at the Sunrise and East Pogo prospects in 2021. VANCOUVER, British Columbia, Feb. 09, 2021 [...]

Resolution Minerals Ltd. executed an Option, Earn-in and Joint Venture agreement on 17 October 2019 as Northern Cobalt Ltd with Millrock Resources Inc . Change Fee As a change fee to the terms of the original agreement Resolution will issue Millrock 15 million Resolution Minerals Ltd. shares as consideration within 20 business days under RML's existing 7.1 placement capacity. Updated Terms of the Option, Earn-in & Joint [...]

Millrock Resources Inc. announced today that Resolution Minerals Ltd. has completed the requirements to earn an initial 30% interest in the 64North Gold Project located in the Goodpaster Mining District of interior Alaska. Resolution has exceeded the Year 1 exploration expenditure requirement of US$5.0 million, has paid Millrock US$50,000, and issued a further share payment of 10 million RML shares to Millrock. Resolution [...]