2014

Millrock and First Quantum To Enter Into Option To Joint Venture Agreement On The Alaska Peninsula Copper-Gold Project, Alaska

VANCOUVER, BRITISH COLUMBIA, December 2, 2014 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that it has been advised that First Quantum Minerals Ltd. (“FQM”) will exercise its exclusive right to enter into an Option to Joint Venture Agreement on the Alaska Peninsula Project, located in southwest Alaska.  The election follows on from a Binding Letter Agreement in which Millrock granted the exclusive right to FQM in January of 2014.  As part of that agreement, FQM agreed to fund an initial exploration program that was to cost approximately US$600,000.  The program was executed by Millrock with participation by FQM geologists in July and August of 2014.  Geochemical sampling, geological mapping, prospecting and airborne magnetic surveys were carried out. Philip St. George, Chief Exploration Officer for Millrock, stated “the results of the initial exploration program are quite encouraging and we look forward to testing the drill targets that emerged from the program in 2015.”

Sarah Whicker, Executive Vice-President, added “we look forward to building our relationships in the region as we further explore the potential of this project for all its stakeholders.”

The Alaska Peninsula project is comprised of surface lands owned by five different Alaska Native Village Corporations and the Bristol Bay Native Corporation (“BBNC”).  All of the subsurface mineral rights, covering an area of more than 203,000 hectares, are owned by BBNC.  Millrock has previously made an Exploration Agreement with Option to Lease through which it can secure a 100% leasehold interest from BBNC.  The villages of Chignik Bay and Chignik Lagoon are located roughly central to the land package, which is more than 120 km long and up to 60 km wide, covering an area of interest covering approximately 650,000 ha.

Prior to Millrock’s involvement, three known porphyry occurrences had been identified: Kawisgag, Mallard Duck Bay (“MDB”) and Bee Creek.  Each is located near deep tidewater coastlines at intervals spanning the property.  The westernmost prospect, Kawisgag, is located nearly 90 km west of the easternmost prospect, Bee Creek.

At the Kawisgag prospect, there are two main zones of mineralization and alteration, which locally contain disseminated and vein-hosted chalcopyrite, molybdenite and pyrite at surface.  These two zones are inferred to merge below the ridge that separates them.  Airborne magnetic surveys carried out this year now define the limits of the magnetic intrusions and magnetic alteration.  Zoned, large-scale, multi-element geochemical anomalies and porphyry copper-gold deposit alteration zones were defined.  Several viable, high-potential drill targets have been identified.

The MDB prospect is comprised of a zone of hydrothermal alteration covering an area greater than 15 square km.  The zone has seen very limited exploration, but mineralization appears to be associated with a multiphase diorite stock.  A strong chargeability anomaly is coincident with surface geochemical anomalies and an exposed potassic alteration zone that was identified by prior workers, but never drilled.  Airborne magnetic surveys, mapping and rock sampling have helped refine the geological interpretation.  Geochemical sampling done in 2014 delineated several strongly anomalous zones.  Drilling is under consideration.

Mineralization at the Bee Creek prospect is hosted in hornfelsed sediments intruded by multiphase diorite intrusive rocks containing mineralized veins and disseminated chalcopyrite, molybdenite and pyrite.  Hydrothermal alteration exposed at surface comprises a central potassic alteration zone that is bordered by a discontinuous halo of phyllic alteration at higher elevation.  The prospect was initially explored by Bear Creek Mining with five drill holes in 1976.  In 2005 and 2006, Metallica Resources Inc. and Full Metal Minerals Ltd. carried out geochemical and geophysical surveys, and drilled two holes.  One of the holes intersected 118 m averaging 0.31% Cu, 0.009% Mo and 0.126 ppm Au with 20 m of 0.66% Cu and 0.255 ppm Au. (Caution – see note below).  As a result of the work done this year, Millrock now knows that mineralization, alteration and metallic anomalies in soil occur over a substantial area.  A 2014 airborne magnetic survey indicates the known mineralization may continue to the southwest below a ridge in that area.  The soil geochemical results indicate a zoned distribution with high copper, gold and molybdenum in a core area surrounded by a halo of anomalous zinc, lead and manganese.  Several drill holes are planned for this prospect.

A more detailed description of the lands with maps can be viewed here.

The technical information within this document has been reviewed and approved by Gregory A. Beischer, President & CEO of Millrock.  Mr. Beischer is a Qualified Person (“QP”) as defined in NI 43-101.

The QP has not fully verified the historic data disclosed in the paragraph above concerning the drill intersection reported by Full Metal Minerals and Metallica Resources.  While the QP has viewed the drill core in question, he has not undertaken check assays of the core samples, nor has he examined the Quality Control / Quality Assurance program that was undertaken at the time by Full Metal / Metallica.  Further, the QP is not able to determine the true width of the reported drill intersection.  Such verification is presently beyond the scope of the project at its current level of development.  For now, the QP and Millrock are relying on the integrity of the Full Metal Minerals Qualified Persons that reported the results in their press release dated October 23, 2006.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. 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, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has twenty-two active exploration projects, eight gold, copper and zinc properties in Alaska, a porphyry copper prospect in Arizona, a uranium project in New Mexico, and twelve gold, silver and copper projects in Mexico. Funding for drilling at Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock have included some of the leading names in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.

ON BEHALF OF THE BOARD
“Gregory Beischer”
Gregory Beischer, President & CEO

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Closes Non-Brokered Private Placement and Announces Effective Date of Share Consolidation

VANCOUVER, BRITISH COLUMBIA, October 23, 2014 – Millrock Resources Inc. (MRO – TSX:V) reportsthe non-brokered private placement announced on September 22, 2014 has closed and a total of 80,900,000 Units at a price of $0.05 per Unit have been issued for gross proceeds of $4,045,000. Each Unit consists of one common share of Millrock and one share purchase warrant (the “Warrants”), with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.07 per share until October 21, 2016, and thereafter at a price of $0.10 per share until October 21, 2019.

Finder’s fees were paid as follows:  $171,200 and 4,280,000 non-transferable Finder’s Options have been paid to Global Market Development LLC; $17,520 and 350,400 non-transferable Finder’s Warrants have been paid to Red Plug Capital Corp.  The Finder’s Options entitle the Finder to purchase Units at $0.05 until October 21, 2019.  The Finder’s Warrants have the same terms as the Warrants except that they are non-transferable.

All securities issued in connection with this private placement, and all securities issued upon exercise of those securities, are subject to a four month hold period and may not be traded until February 23, 2015.

Millrock also reports that the share consolidation announced in its news release of September 22, 2014 will be effected on October 24, 2014.  Millrock’s name and trading symbol will remain the same.  Its new CUSIP number will be 601132202.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. 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, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has twenty-two active exploration projects, eight gold-copper and zinc properties in Alaska, a porphyry copper prospect in Arizona, a uranium project in New Mexico, and twelve gold, silver and copper projects in Mexico. Funding for drilling at Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock have included some of the leading names in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.

ON BEHALF OF THE BOARD
“Gregory Beischer”
Gregory Beischer, President & CEO

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Enters Letter of Intent on the Rio Sonora Project, Mexico

VANCOUVER, BRITISH COLUMBIA, October 20, 2014 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that it has entered into a letter of intent with a third party in respect of the Rio Sonora project in northern Sonora, Mexico, pursuant to which the third party will fund a $250,000 initial exploration program and may subsequently earn into a joint venture on the project. The program, which is already underway, will consist of regional geochemical sampling, geological mapping, prospecting, modelling of existing airborne magnetic and ZTEM surveys, and a report documenting activities, results and drill target recommendations. Gregory Beischer, President & CEO of Millrock, stated “We are pleased to be able to advance this project with a new partnership, our first since purchasing Pembrook Mexico Holdings Corp. - now known as Millrock Mexico Holdings Corp. - in June of this year”.

The target sought at the Rio Sonora project is a large-scale porphyry copper/molybdenum deposit.  The project is located near the town of Arizpe in northern Sonora State, Mexico mid-way between the long-producing Cananea and La Caridad copper mines.  Porphyry copper/molybdenum deposits in this area occur along a discrete linear trend that extends from Sacaton in Arizona through Silver Bell and the Pima district to Cananea and La Caridad in Mexico. Deposit clusters along this trend show a remarkably even spacing of 65 to 70 km, except between Cananea and La Caridad which are located approximately 120 km apart. Exploration at Rio Sonora is partially based on the concept that there may be a third buried copper/molybdenum porphyry deposit located halfway between Cananea and La Caridad.  Airborne magnetic and ZTEM anomalies indicate the possibility of a mineralized copper-bearing porphyry buried beneath cover on the property.  The initial exploration program will help discriminate these anomalies and develop targets for drill testing.

The technical information within this document has been reviewed and approved by Gregory A. Beischer, President & CEO of Millrock.  Mr. Beischer is a Qualified Person as defined in NI 43-101.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. 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, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has twenty-two active exploration projects, eight gold-copper and zinc properties in Alaska, a porphyry copper prospect in Arizona, a uranium project in New Mexico, and twelve gold, silver and copper projects in Mexico. Funding for drilling at Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock have included some of the leading names in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.

ON BEHALF OF THE BOARD
“Gregory Beischer”
Gregory Beischer, President & CEO

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Announces Increase In Non-Brokered Private Placement

Not for distribution to United States Newswire Services or for dissemination in the United States.

VANCOUVER, BRITISH COLUMBIA, September 30, 2014 - Millrock Resources Inc. (TSXV:MRO) (“Millrock” or the “Company”) reports it has increased the non-brokered private placement announced on September 22, 2014.  The Company has received strong interest from parties that, if their subscriptions are accepted in full by Millrock, will become“reporting insiders” as defined under National Instrument 55-104.  The financing will now consist of up to 80,000,000 units at a price of $0.05 per unit for gross proceeds of up to $4,000,000.  Each unit shall consist of one common share of Millrock and one share purchase warrant (the “Warrants”), with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.07 per share for a period of two years, and thereafter at a price of $0.10 per share for an additional period of three years.  Millrock expects to pay finder’s fees in connection with this financing.  The securities issued under this financing will be subject to a hold period of four months from the closing date.

Proceeds from the financing will be used for project generation, project marketing to partners and for general corporate purposes.  The financing is subject to approval of the TSX Venture Exchange.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. 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, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has twenty-two active exploration projects, eight gold-copper and zinc properties in Alaska, a porphyry copper prospect in Arizona, a uranium project in New Mexico, and twelve gold, silver and copper projects in Mexico. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock have included some of the leading names in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Announces Financing and Share Consolidation

VANCOUVER, BRITISH COLUMBIA, September 22, 2014 - Millrock Resources Inc. (TSXV:MRO) (“Millrock” or the “Company”) announces that it plans to raise gross proceeds of up to $3,500,000 through the sale of 70,000,000 units (the “Units”) priced at $0.05 per Unit.  Each Unit consists of one common share and one share purchase warrant (the “Warrants”), with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.07 per share for a period of two years, and thereafter at a price of $0.10 per share for an additional period of three years.  Millrock expects to pay finder’s fees in connection with this financing.  The securities issued under this financing will be subject to a hold period of four months from the closing date.

Millrock also announces that immediately following the closing of the financing, it will consolidate its stock on a 10:1 basis.  Assuming no further share issuances except pursuant to the private placement announced in this news release, Millrock will have approximately 18,413,988 common shares issued and outstanding (approximately 29,959,588 on a fully diluted basis, excluding any finder’s warrants paid in connection with this financing) immediately following the consolidation.

The financing and share consolidation are subject to final approval from the TSX Venture Exchange.  Proceeds from the financing will be used for project generation, project marketing to partners and for general corporate purposes.  Upon completion of the financing, the Company will have approximately $4.3 million in its treasury.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. 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, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has twenty-two active exploration projects, eight gold-copper and zinc properties in Alaska, a porphyry copper prospect in Arizona, a uranium project in New Mexico, and twelve gold, silver and copper projects in Mexico. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock have included some of the leading names in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Completes Field Program at Alaska Peninsula Project, Alaska

VANCOUVER, BRITISH COLUMBIA, August 20, 2014 – Millrock Resources Inc. (MRO – TSX:V) ("Millrock" or the "Company")  is pleased to report it has completed the second phase of an exploration program on its Alaska Peninsula Project, located in southwest Alaska.   This follows the completion of Phase 1, announced on July 7, 2014.  Geological mapping, as well as rock and soil sampling, were carried out.  This work compliments the airborne magnetic and radiometric surveys that were executed in the first phase of exploration.  Geochemical results are expected soon.  From this work targets will be selected and recommended for drilling. Funding for these two phases of exploration has been provided by First Quantum Minerals Ltd. (“First Quantum”).  Through an agreement announced on January 27, 2014, First Quantum has the exclusive right, until November 30, 2014, to enter into an Option to Joint Venture Agreement with Millrock under predetermined business terms.

The Alaska Peninsula project is comprised of lands owned by five Alaska Native village corporations and the Bristol Bay Native Corporation (BBNC).  Millrock has previously made an Exploration Agreement with Option to Lease with the BBNC, through which it can secure a 100% leasehold interest. The villages of Chignik Bay and Chignik Lagoon are located roughly central to the land package, which is more than 120 km long and up to 60 km wide, covering an area of approximately 650,000 ha.  The agreement includes a tract of land that covers three known porphyry copper-gold occurrences on the Alaska Peninsula.   The known porphyry occurrences, named Kawisgag, Mallard Duck Bay and Bee Creek, are located near deep tidewater coastlines.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. 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. Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has twenty active exploration projects, seven gold-copper properties in Alaska, a porphyry copper prospect in Arizona, a uranium project in New Mexico, and eleven projects in Mexico. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock have included some of the leading names in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Completes Geophysical Surveys at Alaska Peninsula Project, Alaska

VANCOUVER, BRITISH COLUMBIA, July 7, 2014 – Millrock Resources Inc. (MRO – TSX:V) is pleased to report it has completed geophysical surveying on its Alaska Peninsula Project, Alaska. The survey saw a total of 1,140 line kilometers of high-resolution airborne magnetic and radiometric data collected over three prospects of interest: Bee Creek, Mallard Duck Bay, and Kawisgag. Precision Geosurveys Inc. was contracted to carry out the helicopter-borne surveys.

The completed work was the first of a two-phase summer program, which is being funded by First Quantum Minerals Ltd. The second phase is to consist of a geological mapping and geochemical sampling program and will focus on the geophysically surveyed areas, all of which have known porphyry occurrences. Phase 2 is planned to start in mid July.

The Alaska Peninsula project is comprised of lands owned by six Alaska Native village corporations and the Bristol Bay Native Corporation. Millrock has previously made an Exploration Agreement with Option to Lease through which it can secure a 100% leasehold interest. The villages of Chignik Bay and Chignik Lagoon are located roughly central to the land package, which is more than 120 km long and up to 60 km wide and covers an area of approximately 650,000 ha.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. 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. Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has twenty active exploration projects, seven gold-copper properties in Alaska, a porphyry copper prospect in Arizona, a uranium project in New Mexico, and eleven projects in Mexico. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock have included some of the leading names in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Closes Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA, June 19, 2014 – Millrock Resources Inc. (MRO – TSX:V) reportsthe non-brokered private placement announced on June 5, 2014 has closed and a total of 20,090,000 units at a price of $0.05 per unit have been issued for gross proceeds of $1,004,500. Each unit consists of one common share of Millrock and one share purchase warrant (the “Warrants”), with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.10 per share until June 19, 2019.

Proceeds from the financing will be used to generate further projects in Alaska, Mexico and the southwest United States and for general corporate purposes.

Finder’s fees of $48,240 and 1,206,000 Finder’s Warrants have been paid to Global Market Development LLC.  The Finder’s Warrants entitle the holder to purchase units at an exercise price of $0.05 until June 19, 2017, the units having the same terms as described above under the private placement terms.

All the securities issued hereunder are subject to a four month hold period and may not be traded until October 20, 2014.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. 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. Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has twenty active exploration projects, seven gold-copper properties in Alaska, a porphyry copper prospect in Arizona, a uranium project in New Mexico, and eleven projects in Mexico. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock have included some of the leading names in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Completes Purchase of Mexican Exploration Company

VANCOUVER, BRITISH COLUMBIA, June 9, 2014 - Millrock Resources Inc. (“Millrock”) announces today that it has closed the purchase of Pembrook Mexico Holdings Corp. (“PMXH”), first announced on May 23, 2014. The assets of PMXH include the shares of a wholly-owned Mexican subsidiary and its nine 100%-owned mineral properties, two mineral properties under option, an extensive geological database and various exploration equipment. The projects, primarily located in the State of Sonora, Mexico, have potential for gold, silver, copper, zinc and lead deposits. The technical information within this news release has been reviewed and approved by Gregory A. Beischer, President & CEO of Millrock. Mr. Beischer is a Qualified Person as defined in NI 43-101.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. is a premier project generator to the mining industry. In the search for world- class metallic mineral deposits, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies. Funding for Millrock’s exploration projects primarily comes from its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: Teck, First Quantum, Kinross, Vale, Inmet and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Announces Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA, JUNE 5, 2014 – Millrock Resources Inc. (MRO – TSX:V) announces a non-brokered private placement of 20,000,000 units at a price of $0.05 per unit, totaling gross proceeds of $1,000,000. Each unit will consist of one common share of Millrock and one share purchase warrant (the “Warrants”), with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.10 per share for a period of five years.

Proceeds from the financing will be used to generate further projects in Alaska, Mexico and the southwest United States and for general corporate purposes.

Finder’s fees of 8% cash and 10% finder’s warrants (“Finder’s Warrants”) may become payable in connection with this private placement.  The Finder’s Warrants will entitle the holder thereof to purchase units at an exercise price of $0.05 for a period of three years, the units having the same terms as described above.

The financing is subject to approval from the TSX Venture Exchange.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class metallic mineral deposits in mineral-rich Alaska and southwest USA, and Mexico Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has twenty active exploration projects, seven gold-copper properties in Alaska, a porphyry copper prospect in Arizona,  a uranium project in New Mexico, and eleven projects in Mexico. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock include some of the leading names in the mining industry: First Quantum, Teck and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Enters Into An Agreement To Acquire A Mexican Exploration Company

VANCOUVER, BRITISH COLUMBIA, MAY 23, 2014 - Millrock Resources Inc. (“Millrock” or “the Company”) announced today that it has entered a binding letter agreement to purchase Pembrook Mexico Holdings Corp. (“PMXH”) and all of its assets, which include the shares of a wholly-owned Mexican subsidiary and its nine 100%-owned mineral properties, two mineral properties under option, an extensive geological database and various exploration equipment.  The projects, primarily located in the State of Sonora, Mexico, have potential for large-scale copper-gold porphyry deposits, high-sulphidation epithermal gold deposits, high-grade vein gold deposits, and skarn and replacement-style silver-zinc-lead deposits. Gregory A. Beischer, Millrock President & CEO stated: “We are very pleased to be making this purchase and thereby acquiring eleven high-potential projects at low cost.  Several of the projects should be of immediate interest to funding partners.  Most importantly, the geological database and technical team associated with the acquired company gives Millrock the knowledge and operational ability to effectively compete in this jurisdiction.  We will be well-positioned to take advantage of many new project generation opportunities that are being created by Mexico’s mining law reform.  We plan to move aggressively to acquire more projects in Mexico but will still remain highly active in Alaska and the southwest US.  This has been a great opportunity to increase the scope and breadth of Millrock in a mining-friendly jurisdiction.”

Philip St. George, Millrock’s Chief Exploration Officer stated: “The Rio Sonora and Las Cuarentas Oeste projects have some great indications of buried porphyries.  There could be another deposit similar in scope to the long-producing Cananea copper mine on our new claims.  The potential for high-grade gold deposits at the Los Chinos and Ramard projects is also excellent.”

PMXH is a British Columbia incorporated holding company that was owned by Pembrook Mining Corp. (“Pembrook”).  The mineral properties are held in a Mexico-registered subsidiary that is beneficially wholly-owned by PMXH.  Millrock and Pembrook will work diligently to complete a definitive agreement by the Closing Date, which will be no later than June 10, 2014.  The transaction is subject to approval by the TSX Venture Exchange (“TSX-V”) and due diligence.  The terms of the transaction include cash payments, Millrock share payments and a royalty:

Cash payments:

  • $250,000 on the Closing Date.
  • $250,000 on or before the first anniversary of the Closing Date, payable in cash or Millrock shares or a combination thereof at Pembrook’s sole discretion, subject to TSX-V approval.

Share payments:

  • Initial Share Payment:  Millrock will issue 7,297,297 of its shares to Pembrook on the Closing Date.  This will result in Pembrook owning 7.76% of Millrock issued and outstanding share capital as of today’s date (“Pembrook Ownership”).
  • Additional Share Payment: One year from the Closing Date, Millrock will issue to Pembrook that number of shares that will ensure that the Pembrook Ownership established today has not been diminished.  However, the requirement for Millrock to make the additional share payment will be voided if Pembrook sells any of the shares issued under the Initial Share Payment during the year following the Closing Date.
  • Shares issued will be subject to a hold period of four months.

Royalty:

  • A royalty of 1.5% on gold and silver and 1.0% on other metals applies to production from any Mexico property held by PMXH (and not already subject to an underlying royalty) as of the Closing Date of the purchase but no others.

Following is a brief synopsis of the main PMXH project assets.  Further descriptions and a location map can be found on Millrock’s website at this link:

Rio Sonora Project, Sonora, northern Mexico, Cu-Au, 100%

This is a large land position situated between Cananea and La Caridad mines.  The target is a buried copper porphyry beneath conglomerate valley fill.  Copper occurrences and alteration in surrounding rocks provide support for geophysical targets beneath the conglomerate.

Las Cuarentas Oeste Project, Sonora, Mexico, Cu (Au), 100%

This property is situated on a very large, intense, zoned alteration system typical of porphyry copper deposits. Very little work has been done by prior workers because no actual intrusive porphyry rock is exposed at surface and base metal occurrences are limited.  A buried porphyry copper-molybdenum deposit is possible.

Las Cuarentas Este Project, Sonora, Mexico, Au-Ag, 100%

The property is situated on a continuation of the mineralized structure associated with the adjoining Mercedes gold-silver mine that is operated by Yamana Gold Inc.  There is potential for high-grade epithermal gold deposits on this property.

Violeta Project, northern Sonora – Au veins/breccias, 100%

This is a fractional claim block in the core of a known mineralized system in northern Sonora.  The surrounding claims are owned by another company that has expressed interest in purchasing this key land block.

Los Chinos Project, Sonora near Hermosillo, orogenic Au, 100%

This project targets Herradura-type gold deposits.  It is located along a juxtaposed contact of high grade Proterozoic metamorphic rocks against relatively un-metamorphosed but deformed metasedimentary rocks of Jura-Cretaceous age.  Several known gold showings suggest a favourable exploration environment. Preliminary exploration has defined some interesting gold values, including a newly discovered zone of oxidized pegmatite and quartz veining in the Proterozoic rocks.

Ramard Project, Sonora, epithermal / vein Au, 80 km north of Hermosillo, 100%

The claims cover a historic, polymetallic stream sediment anomaly as well as a known epithermal stockwork vein showing. Two areas of high grade gold in vein float with magnetite stockworks are present.  Additionally, a large skarn system was recently discovered.  The skarn contained anomalous silver, lead and zinc.

Villa Hidalgo, Sonora, vein Au, 100%:

This claim is on the southern extension of the Sacoton-Cananea-Caridad porphyry trend and was acquired on the basis of favourable geology and colour anomalies. Reconnaissance exploration has led to the discovery of auriferous stockwork zones near some historic mine workings.  Further mapping and prospecting are warranted.

La Union Project, Sonora, Au-Ag, 100%

This project is situated in the Herradura district of northwest Sonora.  Mapping has identified an area with high-grade silver-gold (and lead-zinc) veins.

Los Chivos Project, Central Baja California, orogenic gold, 100%

Reconnaissance exploration has defined some high grade vein mineralization in the district and there may be potential for larger Herradura-style orogenic gold deposits.

Guadalcazar Project, San Luis Potosí, central Mexico, Au-Ag, 100% Option from Servicio Geologico Mexico

At this project a skarn zone with strong silver is known.  Pembrook, from a 2013 drilling program, has reported high grade silver over significant drill intervals including 22 m @ 148 gpt Ag.

Caotan Project, Chiapas, southern Mexico, Au, 100% Option from Riverside

Early stage exploration has defined several drainages covering ten km of strike that yield transported float of high sulphidation gold mineralization consisting of vuggy silica, silicification and iron oxides with strong gold-silver.  Community relations work will be necessary to gain access.

The technical information within this document has been reviewed and approved by Gregory A. Beischer, President & CEO of Millrock.  Mr. Beischer is a Qualified Person as defined in NI 43-101.  The Qualified Person has personally inspected the Rio Sonora, Las Cuarentas, Ramard, Los Chinos and Guadalcazar properties and drill cores from the Las Cuarentas and Guadalcazar properties but has not verified assay results or grade calculations.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class metallic mineral deposits, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock include some of the leading names in the mining industry: Teck, First Quantum and Altius.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Announces Management and Changes to the Board of Directors

VANCOUVER, BRITISH COLUMBIA, April 29, 2014 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") announces today a reduction in the size of its board of directors and a change in title to one of its senior officers. Sarah L. Whicker has been appointed to the newly-created position of Executive Vice President in place of her previous position as Chief Operating Officer.  As a key member of the management team Ms. Whicker will continue to be responsible for matters relating to stakeholder and government relations, as well as corporate management, administration and governance of the Company’s subsidiaries. Ms. Whicker has volunteered to work on an as-needed basis for a period of at least the next six months and the Company thanks her for this flexibility.

Millrock Director David Volkert has resigned as a director of Millrock effective immediately.

Millrock Director Charles Hawley has indicated to the Company that he will not seek re-election at the upcoming Annual General Meeting (AGM) of shareholders.  Mr. Hawley has tendered his resignation with an effective date of June 9, 2014 immediately preceding the AGM.

The Company is grateful for the direction and guidance that has been provided by Mr. Volkert and Mr. Hawley and wishes them well in the future.  Rather than appoint new directors at this time, it is the intention of the Company to fix the number of directors at five at the AGM.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class metallic mineral deposits in mineral-rich Alaska and southwest USA, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has nine active exploration projects, seven gold-copper properties in Alaska, a porphyry copper prospect in Arizona and a uranium project in New Mexico. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock include some of the leading names in the mining industry: First Quantum, Teck and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Stakes Lisburne Zinc Project, Alaska

VANCOUVER, BRITISH COLUMBIA, March 16, 2014 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") announces today that through staking it has acquired a large claim group in northwest Alaska that is prospective for large-scale zinc (+lead and silver) deposits. The claim blocks cover age-equivalent rock strata that are known to host the Red Dog district zinc-lead-silver deposits approximately 140 km to the southeast.  Stream sediment samples collected by the United States Geological Survey indicate strong zinc and barium anomalies on the claims.

The project is located 220 km northwest of the town of Kotzebue and 20 km south of Cape Lisburne on the coast of the Chukchi Sea.  It consists of 83 State of Alaska claims covering approximately 5,300 hectares.  For a brief summary description of the project and location maps, please follow this link.

The Red Dog Mine is a joint venture between Teck Corporation and NANA Regional Corporation and has been operating since 1989.  The open pit mining operation is one of the world’s largest producers of zinc and lead.  The sediment-hosted replacement ores are of exceptional grade and the deposits are large.  Of the four known deposits at Red Dog, mining operations are currently extracting ore from the Aqqaluk Deposit, which is reported to have 45.4 million tons of probable reserves containing 15.8% zinc and 4.1% lead as of December 31, 2013 (source).

Phil St. George, Millrock’s Chief Exploration Officer stated: “Red Dog is truly a world-class zinc mine.  We feel there is excellent potential to discover similar deposits on our claim block.  Our claims have strong zinc and barium anomalies in areas that are underlain by Red Dog time equivalent stratigraphy.  Our geologists have extensive geologic knowledge of the Red Dog region rocks and are familiar with the most effective exploration techniques for the deposit type.  Our local experience will allow for efficient exploration and will hopefully lead to discovery of any zinc-lead-silver deposits that may exist in this area.”

Gregory Beischer, Millrock President & CEO commented:  “We have seen an increasing interest in zinc from mining and smelting companies.  We can see the potential for zinc shortages and price increases in the medium to long termand therefore have decided to act on this conceptual target.  We will be looking for a strategic partner to advance the project to the drilling stage.”

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class metallic mineral deposits in mineral-rich Alaska and southwest USA, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has ten active exploration projects, eight gold and/or base metal properties in Alaska, a porphyry copper prospect in Arizona and a uranium project in New Mexico. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock include some of the leading names in the mining industry: First Quantum, Teck and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Announces Red Basin Uranium Project, New Mexico

VANCOUVER, BRITISH COLUMBIA, February 3, 2014 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") announces today that it has generated a new uranium project named Red Basin.  The claims are thought to be underlain by at least three uranium deposits that may be conducive for In-situ Recovery (ISR) mining.  Millrock has unconfirmed reports that the deposits were discovered and drilled by Gulf Minerals in the 1970s. The project is located in Catron County, New Mexico, west of the town of Sorroco and 18 km north of the village of Datil, which is situated on Highway 60. Gregory Beischer, Millrock President & CEO commented:  “This is not a typical target for Millrock.  However, ISR mining is known to be the lowest cost method by which to produce uranium and we decided to act on this target of opportunity.  We were able to acquire the asset for very low cost – essentially the cost of claim staking.  Uranium prices are presently low, but we anticipate this will change, potentially making the Red Basin project a valuable and profitable acquisition.”

Roll-front type uranium mineralization is known in the Red Basin – Pietown District within which the property is situated.  Minor historic past production has been reported from small mines off the claim block dating back to the 1950s.  The uranium mineralization in the basin occurs primarily at the lower contact of the Baca Formation sandstone in association with redox boundaries and organic material.  The favourable lower Baca Formation traverses the new Millrock property.Millrock has documented the location of approximately 239 drill hole monuments that are situated on the present Red Basin claim group.  Most of the holes were drilled by Gulf Minerals in the 1970s.  Based on the approximate 30 m drilling pattern in three particular areas and from discussion with geologists familiar with the area, it is thought that uranium deposits underlie these densely drilled areas. Millrock Chief Exploration Officer Philip St. George has observed drill logs from the historic drill holes but Millrock does not presently have access to them.

The property consists of 103 claims, 71 of which are wholly-owned by Millrock and 32 of which are the subject of an option to purchase agreement whereby Millrock can earn a 100% interest, free of any royalties, by making payments totaling US$1.3 million and expending US$1.0 million on exploration over a ten-year period. The federal mining claims on the lands are administered by the US Forest Service.  Millrock has secured exploration drilling permits.

Following its project generator business model, Millrock will prepare the project for exploration and is concurrently seeking a partner. The Company has laid forth the following exploration plan to ready the project:

  1. Acquire past data –make an agreement to purchase Gulf Minerals data from the 1970s.
  2. Digitize drill logs – develop 3D models of the deposits.
  3. Confirmation drilling – drill a series of holes and re-enter some historic holes.
  4. Resource estimation – calculate the tonnage, grade and write 43-101 resource estimate report.
  5. Drill for deposit extensions – Focus on down-dip areas from known mineralization.
  6. Begin hydrology and beneficiation studies – Understand aquifer and groundwater flow.

Millrock sees potential to quickly define a uranium resource and expand upon it.  If uranium deposits are present, they potentially could be mined by low-cost ISR methods.  However, Millrock cautions readers that there is no certainty the proposed exploration will lead to the discovery of a uranium deposit or that if discovered, a deposit could be profitably extracted.

Millrock, which has 100% ownership of the project, is currently seeking a joint venture partner. Additional information on the Red Basin project, as well as all of Millrock’s available properties is available on Millrock Resources website.

The technical information within this document has been reviewed and approved by Gregory A. Beischer, President & CEO of Millrock Resources Inc. Mr. Beischer is a qualified person (QP) as defined in NI 43-101. The QP has inspected the property and observed drill hole monuments but has not verified drill hole logs.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class metallic mineral deposits in mineral-rich Alaska and southwest USA, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has nine active exploration projects, seven gold-copper properties in Alaska, two porphyry copper prospects in Arizona and a uranium project in New Mexico. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock include some of the leading names in the mining industry: First Quantum, Teck and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."

Millrock Grants Right Of First Refusal To Major Mining Company Concerning Alaska Peninsula Copper-Gold Project, Alaska

VANCOUVER, BRITISH COLUMBIA, January 27, 2014 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or “the Company") announces that it has entered into a Binding Letter Agreement with First Quantum Minerals Ltd. (“FQM”) whereby the Company has granted an exclusive right  to enter into an Option to Joint Venture Agreement concerning the Alaska Peninsula Project, located in southwest Alaska.  In consideration of the exclusive right grant, FQM will fund an initial exploration program estimated to cost US$600,000.  The program is planned to consist of regional geochemical sampling, geological mapping, prospecting and airborne magnetic surveys, which are to be carried out in summer of 2014 by Millrock.  FQM may also elect to increase the expenditure to fund drilling of several holes.  Subject to exercise of the exclusive right by November 30, 2014, FQM will have an option to earn up to an 80% joint venture interest in the property through a two-stage option agreement. Gregory Beischer, President & CEO of Millrock, stated, “We are pleased to be able to advance this project with a new major mining company partnership.  Our staff looks forward to performing systematic exploration and making great discoveries on these lands.  It is important to understand the scale of this project.  The land package exceeds 200,000 hectares.  This is the sort of district-scale exploration project at which Millrock excels”.

The Alaska Peninsula project is comprised of mineral lands owned by Bristol Bay Native Corporation.  Millrock has previously made an Exploration Agreement with Option to Lease through which it can secure a 100% leasehold interest for mining (click here to view press release).  The agreement covers a tract of land that covers three known porphyry copper-gold occurrences on the Alaska Peninsula.  The village of Chignik is located roughly central to the land package which is more than 120 km long and up to 60 km wide and covers an area of approximately 650,000 ha.  The known porphyry occurrences are named Kawisgag, Mallard Duck Bay and Bee Creek which are located near deep tidewater coastlines.

At the Kawisgag prospect, targets are immediately ready to drill.  There are two main centers of mineralization and alteration which locally contain disseminated and vein-hosted chalcopyrite, molybdenite and pyrite at surface.

The Mallard Duck Bay prospect is a zone of hydrothermal alteration covering an area greater than fifteen square km.  The zone has seen very limited exploration, but mineralization appears to be associated with a diorite stock.  A strong chargeability anomaly coincident with exposed mineralization in a potassic alteration zone was identified by prior workers, but never drilled.

Mineralization at the Bee Creek prospect is hosted in hornfelsed sediments intruded by a multiphase diorite intrusive rock containing mineralized veins and disseminated chalcopyrite, molybdenite and pyrite.  A broad, central, potassic alteration zone bordered by a discontinuous halo of phyllic alteration is exposed at surface.  The prospect was initially explored by Bear Creek Mining with five drill holes in 1976.  In 2005 and 2006, Metallica Resources Inc. and Full Metal Minerals Ltd. carried out geochemical and geophysical surveys, and drilled two holes.  One of the holes intersected 118 m averaging 0.31% Cu, 0.009% Mo and 0.126 ppm Au with 20 m of 0.66% Cu and 0.255 ppm Au (see Full Metal Minerals news release dated October, 23, 2006 entitled “Full Metal and Metallica Encounter Copper Mineralization at Bee Creek” under their SEDAR profile, at www.SEDAR.com).  Mineralization, alteration and anomalous copper values in soils and rocks extend over a broad area at the Bee Creek prospect indicating the potential for a significant porphyry Cu-Mo-Au deposit near surface.  A qualified person has not fully verified the data disclosed in this paragraph for Millrock.

In addition to these three known prospects, the region is prospective for porphyry copper-gold-molybdenum systems and other intrusive-related deposits such as polymetallic skarn and replacement deposits, base metal veins and epithermal gold deposits.  However, very little exploration has been done.  A more detailed description of the lands with maps can be viewed at the following link.

The technical information within this document has been reviewed and approved by Gregory A. Beischer, President & CEO of Millrock.  Mr. Beischer is a Qualified Person as defined in NI 43-101.

ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class metallic mineral deposits in mineral-rich Alaska and southwest USA, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies.  Millrock currently has nine active exploration projects, seven gold-copper properties in Alaska, and two porphyry copper prospects in Arizona. Funding for Millrock’s exploration projects primarily comes from its joint venture partners.  Business partners of Millrock include some of the leading names in the mining industry: Teck, First Quantum and Altius.

FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978

Millrock Resources Inc.
800 – 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."