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 [...]
Millrock Resources is pleased to announce that drilling has commenced at the Stellar Project. The program will focus on the high-grade copper-gold deposit called Zackly. A program consisting of approximately 25 holes totaling 3,000 meters is planned. Two drills have been mobilized to complete the work. Millrock is executing the work on behalf of Coventry Resources. Millrock recently sold its interest in the Stellar [...]
Millrock Resources is pleased to announce that the transaction previously announced here on June 14, 2017, has closed. Under two separate agreements, Millrock has granted an option to purchase a 100% interest in the Willoughby and Oweegee Dome projects to Sojourn Exploration, previously Sojourn Ventures Inc. The two projects are located in the Golden Triangle mining district, northeast of the Town of Stewart, British [...]
VANCOUVER, BC--(Marketwired - August 24, 2017) - Millrock Resources Inc. (TSX VENTURE: MRO) (OTCQX: MLRKF) (the "Shareholder") issues this early warning news release in respect of its security holdings of Sojourn Exploration Inc. (TSX VENTURE: SOJ) (the "Issuer"). On August 24, 2017, the Issuer delivered 1,800,000 common shares (the "Initial Sojourn Shares") to the Shareholder under option agreements dated June 9, 2017 [...]
VANCOUVER, BC--(Marketwired - August 10, 2017) - Millrock Resources Inc. (TSX VENTURE: MRO) ("Millrock" or "the Company") is pleased to provide an update on its exploration activities in Alaska, British Columbia, and Mexico, as well as its growth plans for 2017 and beyond. Keeping in line with the Project Generator business model, Millrock has continued to generate numerous high-quality projects over the past four years [...]
Millrock Resources is pleased to announce that it has closed the sale of Stellar copper-gold project to Vista Minerals. Upon completion of the deal, as previously announced, Vista successfully merged with Coventry Resources, which owns an option on the adjacent high-grade copper Caribou Dome Project. Coventry simultaneously announced that it had successfully raised AUS$5.5 million to further exploration. Upon closing of [...]