VANCOUVER, BC--(Marketwired - March 21, 2016) - Millrock Resources Inc. (TSX VENTURE: MRO) ("Millrock") announces that the company has assumed an option agreement on the Lord Nelson Tenures ("LNT Property") from Geofine Exploration Consultants ("GFX"). The mineral tenures are owned by Teuton Resources Corp. ("Teuton") (TSX VENTURE: TUO), and have been under option to GFX since October 2010. The LNT Property adjoins and [...]
Millrock Resources announces it has granted a total of 1,400,000 stock options under the Company's stock option plan to directors, officers, employees and consultants. The options are exercisable at $0.245 per share for a period of five years. Millrock Resources is a premier project generator to the mining industry. In the search for world-class metallic mineral deposits in mineral-rich Alaska, southwest USA, and Mexico [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 29, 2016) - Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock") announces that First Quantum Minerals has elected not to renew its option to acquire a joint venture interest in the Alaska Peninsula property. No mineralization of significance was discovered in drilling at the Mallard Duck Bay prospect. Mineralization intersected at the Dry Creek prospect, while highly [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 29, 2016) - Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock") announces that the company and joint venture partner Teck American Inc. have elected to terminate the joint venture concerning the Estelle project in Alaska. The project has been inactive since 2014 and efforts to attract a third party to the project have been unsuccessful. The claims that comprise the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 18, 2015) - Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock") announces that it has signed an option to joint venture agreement with Vista Minerals (Alaska) Inc., a wholly-owned subsidiary of Vista Minerals Pty Ltd, a private Australia-based company ("Vista"). Millrock President & CEO Gregory Beischer commented: "We are pleased to make this agreement and are looking [...]
Orestone Mining is pleased to announce that it has completed the sale of its interest in the Todd Creek Property located in the Stewart Mining Camp of British Columbia to Millrock Resources. Millrock has purchased a 100% royalty-free interest in the Todd Creek Joint Venture for C$100,000 cash and 888,889 Millrock common shares distributed on a pro-rata basis according to the joint venture ownership ([...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 14, 2015) - Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock") announces that it has entered into a series of agreements to consolidate three major land packages in the "Golden Triangle" area northeast of the town of Stewart, British Columbia. The agreements will be completed upon acceptance by the TSX Venture Exchange. The three projects, Todd Creek, Poly and Oweegee [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 10, 2015) - Millrock Resources Inc. (TSX VENTURE:MRO) reports that the non-brokered private placement announced on November 20, 2015 and subsequently increased has closed. A total of 8,321,509 Units at a price of $0.16 per Unit have been issued for gross proceeds of $1,331,441.44. Each Unit consists of one common share and one share purchase warrant (the "Warrants"), with [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 1, 2015) - Not for distribution to United States Newswire Services or for dissemination in the United States. Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock" or the "Company") reports it has increased the non-brokered private placement announced on November 20, 2015. The financing will now consist of up to 8,125,000 units (the "Units") at a price of $0.16 per Unit [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 26, 2015) - Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock") announces that it has entered into an agreement under which it has purchased the Batamote copper project from Minera Teck S.A. de C.V. ("Minera Teck"), ultimately a subsidiary of Teck Resources Ltd. ("Teck"). The property is located approximately 100km northeast of the city of Hermosillo. It is situated [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 23, 2015) - Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock") announces that it has acquired five claim blocks in the recent "Libertades" in Sonora, Mexico. Millrock President & CEO Gregory Beischer commented: "Using the geological database we gained through the purchase of Paget Southern Resources in 2014, and through the knowledge, experience and effort of our Mexico [...]
Millrock Resources announces that it plans to raise gross proceeds of up to $700,000 through the sale of 4,375,000 units priced at $0.16 per Unit. Each Unit consists of one common share and one share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share at a price of $0.22 per common share until and including the date which is one year from the closing date, thereafter at a price [...]