VANCOUVER, BRITISH COLUMBIA, December 22, 2017 – Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock") 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. (100% owned by Kelly B. Funk). 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, 2018.
Also, Millrock wishes to make a correction to its press release on December 18, 2017. The heading for gold in the table of results incorrectly indicated parts per billion (ppb) gold instead of parts per million (ppm) gold. The corrected table appears below.
Quality Control – Quality Assurance
Millrock adheres to stringent Quality Assurance – Quality Control (QA/QC) standards. All samples were collected by Equity Engineering Consultants Ltd. (“Equity”) personnel under contract to Millrock and securely stored until delivery to the ALS Minerals prep lab in Terrace, British Columbia. After preparation, the samples were sent for analysis at the ALS Minerals Ltd. North Vancouver, BC laboratory, a 17025:2005 certified facility. Equity implemented a QA/QC program utilizing duplicate sampling and blanks at an average rate of one duplicate or blank per 15 samples. No QA/QC anomalies were noted in the analyses. All results from blanks, standards, and duplicates were reviewed and found to be accurate within acceptable tolerances for results obtained to date.
The scientific and technical information disclosed within this document has been prepared, reviewed and approved by Gregory A. Beischer, President, CEO and a director of Millrock Resources. 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. 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. The company is active in Alaska, British Columbia, the southwest USA and Sonora State, Mexico. Funding for drilling at Millrock’s exploration projects is primarily provided by its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet, Altius, and Riverside. Millrock is a major shareholder of junior explorers PolarX Limited., and Sojourn Exploration Inc.
ON BEHALF OF THE BOARD
Gregory Beischer, President & CEO
FOR FURTHER INFORMATION, PLEASE CONTACT:
Melanee Henderson, Investor Relations
(877) 217-8978 (toll-free)
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.