VANCOUVER, British Columbia, May 16, 2018 -- Millrock Resources Inc. is pleased to report that a second round of drilling is beginning at the La Navidad gold project. The project, located in Sonora State, Mexico, 100 km north of the City of Hermosillo, targets orogenic, bulk minable, run-of-mine, oxidized deposits that could be processed by heap leaching. Exploration work is being funded under an option to joint venture [...]
Millrock Resources announces it has granted a total of 1,295,000 stock options under the Company’s stock option plan to directors, officers, employees, and consultants. The options are exercisable at $0.23 per share for a period of five years. Millrock Resources is a premier project generator to the mining industry. Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing [...]
Millrock Resources is pleased to report that its partner PolarX Limited has issued a press release announcing an Inferred Resource for the Zackly copper-gold deposit at its Alaska Range Project. The full press release issued by PolarX can be viewed by clicking this link. The Inferred Resource was calculated by PolarX using the standards of the Australian Joint Ore Resources Commission . Millrock presently owns 10.74% of [...]
VANCOUVER, British Columbia, March 06, 2018 -- Millrock Resources Inc. is pleased to report that the first phase of core drilling on the La Navidad gold project has been completed. The project, located in Sonora State, Mexico, 100 km north of the City of Hermosillo, targets orogenic gold deposits and is being funded under an option to joint venture agreement by Centerra Gold Inc. . In total, 2,130 meters in 12 holes were [...]
Millrock Resources Inc. is pleased to report developments concerning its exploration projects in the Golden Triangle District of British Columbia. Under the contemplated transaction, Millrock will vend its Todd Creek project to Sojourn Exploration Inc. . The terms of the existing option agreements with Sojourn concerning Millrock's Oweegee Dome and Willoughby projects would also be modified. If the transaction is [...]
Millrock Resources Inc. is pleased to announce that PolarX has issued a press release concerning the recent expansion of the Alaska Range copper-gold project in Alaska. PolarX has staked 34 additional claims to cover possible extensions of mineralized zones. The claim block now covers over 240 square kilometers. Millrock presently owns 10.74% of the issued and outstanding shares of PolarX and is entitled to certain [...]
Millrock Resources Inc. is pleased to provide an update on its exploration activities, an overview of the Company's goals and growth plans for 2018, as well as a review of 2017 accomplishments. Millrock continues to rigorously follow the Project Generator-Joint Venture business model and in 2017 took advantage of the numerous acquisitions it has made over the past few years. "Metal prices and investor interest fluctuated [...]
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 [...]
+300,00 %
-72,73 %
