Millrock Resources Inc. reports an amendment to the option agreement covering the Todd Creek claims, Skeena Mining District, British Columbia, whereby Millrock will issue 550,000 common shares to 802213 Alberta Ltd. . This all-share payment is made in lieu of a combination cash / share payment with a value of $135,000, or an all-cash payment of $90,000. The shares will bear a legend that restricts trading until April 23 [...]
Millrock Resources Inc. is pleased to report results from a stream sediment sampling program carried out on its Todd Creek project. The survey covered an area measuring 6 kilometers by 16 kilometers. Multi-element anomalies were returned in areas of known base and precious metal mineralization which extend for 10 kilometers along the Todd Creek valley. The valley reflects a major faults system that appears to control and [...]
Millrock Resources Inc. reports that the non-brokered private placement announced on November 28, 2017 has closed and a total of 6,970,000 Units at a price of $0.25 per Unit were issued for gross proceeds of $1,742,500. Each Unit consisted of one common share and one share purchase warrant entitling the holder to purchase one additional common share for $0.35 per Share until December 15, 2018, thereafter for $0.45 per [...]
Millrock Resources Inc. is pleased to announce that sampling results for a comprehensive stream sediment sampling program and a targeted soil sampling program have been reported by partner Sojourn Exploration Inc., . The work program was recommended by Millrock as a logical follow-on step from the airborne geophysical survey and data compilation exercise that it had completed in 2016 -- before Sojourn optioned the [...]
Millrock Resources is pleased to announce that PolarX has issued a press release announcing results for two further drill holes that intersected the Zackly high-grade copper-gold deposit situated on the Alaska Range Project. Drilling was completed in late September of 2017. The work was executed by Millrock on behalf of PolarX. Millrock presently owns 10.74% of the issued and outstanding shares of PolarX and is entitled [...]
Millrock Resources announces that it plans to raise gross proceeds of up to $1,600,000 through a non-brokered private placement of up to 6,400,000 units priced at $0.25 per Unit. Each Unit will consist of one common share and one share purchase warrant . Each Warrant will entitle the holder to purchase one additional common share at an escalating exercise price over a period of three years from the closing date as [...]
Millrock Resources Inc. is pleased to announce that sampling results have been reported by partner Sojourn Exploration Inc., . Sojourn indicates in their press release that it has discovered important new zones of mineralization at the Willoughby Project, located in the Golden Triangle district of British Columbia, during the Company's recent surface prospecting program. The new zones of bedrock mineralization are located [...]
Millrock Resources is pleased to announce that PolarX has issued a press release concerning the recently completed drilling program at the Alaska Range Project in Alaska. Results from the first five holes of the program are reported. The Alaska Range Project is a new name given to the combined Stellar and Caribou Dome projects. The work was executed by Millrock on behalf of PolarX. Millrock presently owns 10.74% of the [...]
Millrock Resources Inc. is pleased to report that the first phase of surface exploration on the La Navidad gold project is near completion, and a drilling program has begun. The project, located in Sonora State, Mexico, 100 km north of the City of Hermosillo, targets orogenic gold deposits. Highlights of a rock sampling program include: 24 meters grading 0.9 grams per tonne gold; 12 meters grading 1.1 grams per tonne [...]
Millrock Resources Inc. is pleased to announce that PolarX has issued a press release concerning the recently completed Induced Polarization survey at the Stellar copper-gold project in Alaska. The work was executed by Millrock on behalf of PolarX. The results from the IP survey conducted at the Mars Prospect are summarized in PolarX press release, which can be viewed here. Millrock sold the Stellar project to PolarX in [...]
Millrock Resources is pleased to announce that it has successfully completed a late-season drilling program on the Stellar copper-gold project in Alaska. The work was executed by Millrock on behalf of PolarX. Millrock sold the Stellar project to Coventry in August 2017 in a transaction announced here, and Coventry subsequently changed its name to PolarX. Millrock presently owns approximately 10.7% of the issued and [...]
VANCOUVER, BC--(Marketwired - August 30, 2017) - Millrock Resources Inc. (TSX VENTURE: MRO) (OTCQX: MLRKF) ("Millrock" or "the Company") is pleased to announce that work has begun on the Willoughby and Oweegee Dome projects in the Golden Triangle district of British Columbia. The work is being executed by Millrock, funded by Sojourn Exploration Inc. (TSX VENTURE: SOJ) ("Sojourn"), and should be completed by the end of [...]
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