Key Highlights: Millrock has sold five projects, a geological database, and exploration equipment to Riverside Resources. Consideration paid consists of cash, Riverside shares, and grant of royalties. Millrock’s Mexico exploration activities in Mexico now to be focused on El Batamote copper porphyry project. VANCOUVER, British Columbia, Sept. 12, 2019 -- Millrock Resources Inc. reports that it has entered definitive [...]
Millrock Resources Inc. reports a correction to the news release dated September 6, 2019. Finder’s fees paid in connection with Tranche 2 of the financing were as follows: $24,302.25 and 324,030 Finder’s Warrants to Redplug Inc. and $7,612.50 and 101,500 Finder’s Warrants to Haywood Securities Inc. Each Finder’s Warrant entitles the holder to purchase one additional common share at an escalating [...]
Millrock Resources Inc. reports the non-brokered private placement announced on July 10, 2019 has been completed and was over-subscribed. A total of 7,675,667 units at a price of $0.075 per unit have been issued in Tranche 2 for gross proceeds of $575,675.03, bringing total gross proceeds raised in the financing to $1,577,474.86. Each unit consists of one common share of Millrock and one share purchase warrant . Each Unit [...]
Millrock Resources Inc. announces the TSX Venture Exchange has granted Millrock an extension to the deadline to file final materials in respect of the private placement financing announced on July 10, 2019. The Company must complete the filing by September 25, 2019. About Millrock Resources Inc. Millrock Resources Inc. is a premier project generator to the mining industry. Millrock identifies, packages and operates [...]
Millrock Resources Inc. reports a portion of the non-brokered private placement announced on July 10, 2019 has closed. A total of 13,357,331 units at a price of $0.075 per unit have been issued in Tranche 1 for gross proceeds of $1,001,799.83. Each unit consists of one common share of Millrock and one share purchase warrant . Each Unit Warrant entitles the holder to purchase one additional common share at an escalating [...]
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 [...]
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