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 [...]
Millrock Resources announces that it acquired ownership of and control over 7,823,417 common shares in the capital of Sojourn Exploration of Suite 2300 – 1177 West Hastings Street, Vancouver, British Columbia, V6E 2K3. Sojourn issued 7,823,417 Sojourn Shares to the Company in consideration for the sale by the Company to Sojourn of the Company’s Todd Creek, Willoughby and Oweegee Dome projects pursuant to the [...]
Millrock Resources Inc. announces that the purchase and sale agreement concerning the company’s Lordsburg lithium project has been canceled. The transaction was described in the Company’s prior press release dated June 21, 2018. The agreement with Nevada-registered Xinda International Corp required that Xinda make a cash payment to Millrock and maintain the claims in good standing. Xinda was unable to raise [...]
Millrock Resources Inc. is pleased to report that the TSX Venture Exchange has given final acceptance of the previously announced transaction with Sojourn Exploration Inc. concerning Millrock’s exploration projects in the Golden Triangle District of British Columbia: Oweegee Dome, Willoughby and Todd Creek. Under the purchase agreement, existing option agreements with Sojourn on Millrock’s Oweegee Dome and [...]
Millrock Resources Inc. announces that PolarX Mining Inc. has reported the first assay results for 2018 from drilling at the Zackly copper-gold deposit within its Alaska Range Project. Results from hole ZX-18020 are presented below: ZX-18020 From To Interval Cu % Au g/t Ag g/t 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 11.3 0.8 1.8 23.3 and: 46.2 57.1 [...]
Millrock Resources Inc. is pleased to report that it has executed a definitive agreement for a transaction in which its three exploration projects in the Golden Triangle District of British Columbia - Oweegee Dome, Willoughby and Todd Creek - have been sold to Sojourn Exploration Inc. . The agreement to sell the properties was previously announced here when Millrock entered into a Letter of Intent to complete the [...]
Millrock Resources Inc. is pleased to report that the second phase of core drilling on the La Navidad gold project has been completed. The program was designed to test geological targets identified through soil and rock sampling, geophysical surveys and trenching. The drill holes targeted the Crossover and Cobre prospects. The Navidad project, located in Sonora State, Mexico, 100 km north of the City of Hermosillo [...]
Millrock Resources is pleased to provide the following exploration update. Active partner-funded projects and projects that are under evaluation by potential partners are reviewed below. Anticipated partner-funded exploration for 2018 is valued at approximately US$5 million. The approved exploration budgets include approximately 10,000 meters of drilling at three different projects. Gregory Beischer, Millrock President [...]
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