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 [...]
VANCOUVER, British Columbia, July 12, 2018 -- Millrock Resources Inc. is pleased to report that it has reconfigured an option agreement and consolidated a land position at the Red Basin uranium project located in the state of New Mexico. Previously, in an agreement announced in 2014, Millrock made an option agreement to acquire certain claims thought to cover uranium deposits, and staked claims covering areas with [...]
VANCOUVER, British Columbia, June 21, 2018 -- Millrock Resources Inc. is pleased to report that it has entered into a Purchase and Sale Agreement with Nevada-registered Xinda International Corp , whereby Xinda will acquire a 100% interest in federal mining rights comprising the Lordsburg lithium project in the State of New Mexico, USA. Millrock acquired the claims by staking over the past several months. In consideration [...]
VANCOUVER, British Columbia, June 20, 2018 -- Millrock Resources Inc. reports that drilling is underway at the Alaska Range Project. Millrock is the exploration operator and work is being funded by PolarX Mining Ltd. . Millrock owns 9.76% of Polarx shares and is entitled to milestone payments and royalty payments on portions of the project. Additional details about the drilling program and photographs appear in a PolarX [...]
VANCOUVER, British Columbia, June 19, 2018 -- Millrock Resources Inc. is pleased to report the current drilling program underway at the La Navidad gold project has been extended. The project, located in Sonora State, Mexico, 100 km north of the City of Hermosillo, targets orogenic, bulk mineable, run-of-mine, oxidized deposits that could be processed by heap leaching. Exploration work is being funded under an option to [...]
Millrock Resources is pleased to report that its partner PolarX Limited has issued a press release announcing that the next phase of drilling will commence soon at the Zackly copper-gold deposit at its Alaska Range Project. The full press release issued by PolarX can be viewed by clicking on this link. The program is designed to expand upon the Inferred Resource that was calculated by PolarX using the standards of the [...]
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