Millrock Resources Inc. announces that it plans to raise gross proceeds of between $1,000,000 and $1,500,000 through a non-brokered private placement of between 13,333,333 units and 20,000,000 Units at a price of $0.075 per Unit. It is the intention of the Company to provide an opportunity to existing, eligible Millrock shareholders to participate in the Offering. Non-accredited investors will be welcome to participate in [...]
Key Highlights: Millrock has agreed to sell five projects, a geological database, and exploration equipment to Riverside Resources Inc. Consideration paid consists of cash, Riverside shares, and grant of royalties. VANCOUVER, British Columbia, June 26, 2019 -- Millrock Resources Inc. reports that it has entered into an agreement to sell the La Union, Los Cuarentas, El Pima, El Valle, and Llano del Nogal claim blocks to [...]
Key Highlights: Millrock stakes an additional 143 claims covering 9,235 hectares in the Goodpaster Mining District within the Tintina Gold Province in Alaska; the Goodpaster Project now encompasses 1,176 claims covering 66,050 hectares . North Pogo claims cover favourable structures and stratigraphy on the north side of the Goodpaster Batholith, similar to those at the Pogo Gold Mine, on the south side of the batholith [...]
Millrock Resources Inc. reports it has closed the private placement with EMX Royalty Corp. announced on April 24, 2019. A total of 7,142,857 units at a price of $0.14 per unit have been issued for gross proceeds of $1,000,000. Each unit consisted of one common share of Millrock and one share purchase warrant . Each Warrant entitles the holder to purchase one additional common share of Millrock until December 14, 2021 at [...]
Key Highlights: Figure 1: Goodpaster Area of Interest Figure 2: Overview and Claims – Pogo Trend & Shaw-LMS Trend Figure 3: Gold Mineralization Model Pogo Gold Mine Goodpaster Mining District Millrock stakes 892 claims covering 51,134 hectares of high-potential mineral rights in the Tintina Gold Province – Goodpaster Mining District, Alaska. Claims cover prospects, stream sediment, soil and rock anomalies [...]
Key Highlights: Tintina Gold Province – Alaska-Yukon EMX Royalty Corp. is making a strategic investment in Millrock Resources. $1,000,000 investment, purchasing Millrock shares at a premium to the market price. Funds to be directed to Goodpaster Mining District , Alaska. Millrock to acquire mineral rights and grant royalties to EMX. Millrock Resources Inc. reports that EMX Royalty Corp. has agreed to make a [...]
Millrock Resources Inc. reports that results from a drilling program completed at the La Navidad gold project in Sonora State, Mexico have been received. The program focused on the northwestern portion of the project. Four holes were drilled at El Tigre prospect, where gold had been detected by soil sampling in the vicinity of historic mine workings. The drill holes tested induced polarization geophysical anomalies and [...]
Not for distribution to United States newswire services or for dissemination in the United States. Millrock Resources Inc. reports the non-brokered private placement announced on December 7, 2018 was oversubscribed and the Company raised a total of $1,044,500. A total of 3,445,000 units at a price of $0.10 per unit have been issued in Tranche 2 for gross proceeds of $344,500. Each unit consists of one common share of [...]
Not for distribution to United States newswire services or for dissemination in the United States. Millrock Resources Inc. announces that it plans to raise gross proceeds of up to $1,000,000 through a non-brokered private placement of up to 10,000,000 units priced at $0.10 per Unit. Each Unit will consist of one common share and one share purchase warrant . Each Unit Warrant will entitle the holder to purchase one [...]
Millrock Resources Inc. is pleased to report that another drilling program is underway at the La Navidad gold project in Sonora State, Mexico. The program will focus on the northwestern portion of the project. Four holes are planned at the El Tigre prospect, where gold has been detected by soil sampling in the vicinity of historic mine workings. Northwest trending high angle structures appear to control mineralization [...]
Millrock Resources Inc. is pleased to report that drilling is in progress at the El Picacho gold project in Sonora State, Mexico. A series of ten holes totaling 2,000 meters has been approved and is being funded by Centerra Gold Inc. under an option to joint venture agreement. The program has been designed to test geological targets identified through soil and rock sampling, geophysical surveys, and trenching. The drill [...]
Millrock Resources Inc. announces that PolarX Mining Inc. has reported additional assay results for 2018 from drilling at the Zackly copper-gold deposit within its Alaska Range Project. The following two drill intersections are from hole ZX-18020 and ZX-18024: Hole ID From To Interval Cu% Au g/t Ag g/t ZX-18020 2.5 57.1 54.6 0.6* 2.8 9.5 Including: 2.5 14.0 11.5 0.6 5.3 12.0 and: 18.3 27.1 8.8 0.5 5.8 4.5 and: 32.0 43.3 [...]