2016

Millrock Announces Drilling Results at Los Chinos Gold Project, Sonora, Mexico

VANCOUVER, BRITISH COLUMBIA, December 9, 2016 – Millrock Resources Inc. (TSX-V: MRO) (“Millrock”) announces that it has completed an initial drilling program at its Los Chinos gold project in Sonora State, Mexico. The project is the subject of a previously-announced option to joint venture agreement with Centerra Gold Inc. (“Centerra”). Under the option agreement, Centerra can earn a 70% interest by funding US$5.0 million in exploration expenditures over a five year period. Millrock manages the exploration work in close consultation with Centerra.

The drilling program consisted of ten holes totaling 1,990 meters. Three target areas were tested; the El Camino zone, La Tinaja prospect, and Pitalla zone. Anomalous surface geochemical values detected at surface with induced polarization anomalies were targeted. The induced polarization anomalies were explained by fault structures with oxidized sulfide minerals. Weakly anomalous gold assay results were encountered in two of the drill holes, but no significantly mineralized intervals were drilled.

The best intersections were from hole 16-04 which returned 4.0 meters grading 0.69 grams per tonne gold and hole 16-09 which returned 6.3 meters grading 0.185 grams per tonne gold.

Millrock and Centerra are evaluating options for further exploration of the Los Chinos property. 

Located just 100 kilometers north of Millrock’s office in the city of Hermosillo, Mexico, the Los Chinos property is immediately adjacent to Highway 15. The Los Chinos property is located approximately 50 kilometers south of the San Francisco gold mine which is operated by Timmins Gold Corp. The Los Chinos property is in a very similar geological setting as the San Francisco mine and is prospective for mesothermal, orogenic gold deposits. Three zones of mineralization have so far been delineated by Millrock; El Camino, La Tinaja and Pitalla zone. This link leads to a description of the project with maps.

The technical information within this document has been 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.

Millrock adheres to stringent Quality Control – Quality Assurance standards. Drill core was delivered from the drill hole location by Millrock personnel to Millrock’s secure facility in Hermosillo, Mexico. In this drilling program 1141 core samples were collected by splitting the core in half with an electric rock saw. Half of the core was retained as a geological record in Millrock’s facility. Regular samples were collected over two meter intervals except when a lithologic contact or fault zone was encountered. No samples were smaller than one meter wide. For every 20 core samples, a blank sample known to contain no gold and a standard sample of known gold concentration were also analyzed. Three different standards were utilized including MEG-Au 11.15 (3.4 ppm Au), MEG-Au 12.11 (1.5 ppm Au) MEG-Au 13.01 (0.31 ppm Au). Additionally, a duplicate sample was collected every 30 samples by quartering the core.  Two quarter samples from the same depth were then sent to the lab with different sample numbers.  All results from blanks, standards and duplicates were reviewed and found to be accurate within acceptable tolerances. Core samples were placed in plastic sample bags and inventoried before delivery to Bureau Veritas lab in Hermosillo, Mexico for analysis. Sample were kept in a secure location prior to delivery to the laboratory. Analysis methods used include FA430 (30 gr/Fire Assay/AAS) and AQ-200 (Aqua Regia – ICP/MS). As a further precaution 117 samples were selected for re-analysis using FA-450 (50 gr/Fire Assay/AAS) and 37 samples were selected for re-analyses using FS631-1kg (Screen Metallics). Results have not yet been received for the 37 samples submitted for screen metallics. All samples were stored in Millrock’s core shed in a secure area until deliver to the laboratory could be made.

ABOUT MILLROCK RESOURCES:
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 primarily comes from 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 and Altius.

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

FOR FURTHER INFORMATION, PLEASE CONTACT:
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll-Free: (877) 217-8978
mhenderson@millrockresources.com

Millrock Resources Inc.
2300 – 1177 West Hastings St.
Vancouver, BC V6E 2K3
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 Assembles Land Position in Goodpaster Mining District, Near Pogo Mine, Alaska

VANCOUVER, BRITISH COLUMBIA, October 5, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that, through a series of purchase and option agreements and claim staking, it has assembled a large land position covering high-potential gold targets in the Goodpaster Mining District, near the Pogo gold mine, in central Alaska. The Pogo Gold Mine is operated by Sumitomo Metal Mining Company. The mine produces in excess of 300,000 ounces of gold annually from high-grade quartz vein deposits. Millrock now holds six discrete claim blocks in the district covering an area of 15,847 hectares. The claims cover soil geochemical anomalies, many of which are untested. On several properties there are intersections obtained through drilling by prior operators that are strongly anomalous in gold and deserving of follow-up exploration.

Gregory A. Beischer, Millrock’s President and CEO commented: “Exploration near an existing mine has often proven fruitful for gold explorers. So far, only one hard rock lode mine has been discovered in the Goodpaster Mining District, and it is a very good one. We believe that one day there will be multiple lode gold producers in the area. By virtue of these recent property acquisitions, Millrock now has what we think to be the best-potential land in the mining district. The claims are positioned based upon the results of millions of dollars of regional and local exploration done by the various vendors”.

The claim groups acquired, the vendors, and the agreement terms are summarized as follows:

1. From Kiska Metals Corporation (“Kiska” TSX.V KSK)

A 100% interest of six individual claim blocks totaling 2,315 hectares (Eagle, ER, Beverley – Cal - Surf, SE Surf, Scot and Boundary), subject to certain continuing obligations to a subsidiary of Kiska, Capstone Mining Corp, and Anglogold Ashanti (U.S.A.) Exploration, Inc., (“AGAUSA”),:

  • Cash: US$32,000;
  • Milestone payment: Kiska will be paid $1 for every gold equivalent ounce included in or added to the Measured, Indicated and Inferred resource categories by the time a Decision to Mine is made;
  • Royalty: 1% Net Smelter Returns Royalty, half of which may be purchased for US$2.0 million;
  • Advance Minimum Royalty (“AMR”) payments in the amount of $50,000 per year beginning on the 3rd anniversary of the Agreement. One AMR payment can be postponed for a period of 3 years after the initial payment;
  • On the ER and Eagle claim blocks to AGAUSA, a 3% Net Smelter Return Royalty that may be reduced to 1.5% by paying US$1.0 million;
  • On the Surf claim block, a payment to Capstone Mining Corp. of CAD$50,000, or, at Millrock’s choice, an issuance of 50,000 share of Millrock stock, if and when a total of CAD$988,410 has been spent exploring the property. If a positive feasibility study is tabled concerning any portion of the claim blocks, an additional 100,000 Millrock shares will be paid.

2. From Aurora Exploration

An option to purchase a 100% interest in the West Pogo (“WP”) Aurora claims covering 1,716 hectares:

  • Exploration Expenditures: US$500,000 by the year 2021;
  • Cash: US$240,000 by the year 2020 according to a set payment schedule;
  • Milestone payment: Aurora will be paid US$1 for every gold equivalent ounce included in or added to the Measured, Indicated and Inferred resource categories by the time a Decision to Mine is made;
  • Royalty: 4% Net Smelter Return royalty with the ability to eliminate the royalty by paying US$2.0 million.

3. From Beau and Zeynip Hansen

An option to purchase a 100% interest in the WP Hansen claims covering 259 hectares:

  • Terms identical to the WP Aurora terms.

4. From Corvus Gold Inc.

As announced previously here, a purchase of a 100% interest in the WP Raven claims covering 1,279 hectares for:

  • Cash: US$20,000;
  • Royalty: 3% Net Smelter Returns royalty that may be reduced to 1% by paying US$7.0 million.

In addition to the claims acquired by purchase and option agreements, Millrock has staked approximately 10,278 hectares of contiguous claims. A claim location map can be viewed here.

The Goodpaster Mining District is an area subject to a Collaboration Agreement that Millrock signed with a major mining company (“the Major”) in 2015. Funding for much of the work Millrock has done in the district has come from the Major. Per the terms of the agreement, Millrock will offer the Major the opportunity to assign individual projects to Designated Project status subject to an option agreement with pre-determined business terms.

The various claim blocks that now comprise the West Pogo project (ER, WP Aurora, WP Hansen, WP Raven and claims staked by Millrock) have been the subject of a recent exploration program conducted by Millrock with funding from the Major totaling approximately $US250,000. Work consisted of re-logging and sampling of existing drill core, infill soil sampling and geological mapping. Millrock anticipates reporting on the results of this work in the near future.

The technical information within this document has been 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 primarily comes from 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 and Altius.

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

Millrock Resources Inc.
2300 – 1177 West Hastings St.
Vancouver, BC V6E 2K3
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 Geophysical Survey at Oweegee Dome Project, Stewart Golden Triangle District, BC

VANCOUVER, BRITISH COLUMBIA, September 26, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that a ZTEM airborne geophysical survey is underway at its Oweegee Dome project, located in the Golden Triangle district northeast of the town of Stewart, British Columbia.

Listen: Greg Beischer's insight on the news release.

The ZTEM™ or (Z-Axis Tipper Electromagnetic system) is an innovative airborne electromagnetic system which uses the natural or passive fields of the earth as the source of transmitted energy. The system is capable of deep penetration and identification of conductive zones at depth. Case studies have shown that structural features and pyrite halo mineralization around significant porphyry ore bodies is possible. The geophysical survey system was developed by Geotech Ltd. of Aurora, Ontario. Geotech is conducting the survey with their aircraft and instrumentation, and will be merging these geophysical results with other types of surveys that have previously been conducted on the property by prior operators.

Gregory A. Beischer, Millrock’s President commented: “This survey will complement the existing geophysical information that we acquired along with the property when we purchased it. We now have all project information in a database and will use all data at hand to develop drill targets for testing in 2017.”

The geologic strata underlying the Oweegee Dome property appears to have been the focus of a large, hydrothermal mineralizing system. Several genetically related metallic mineral deposit target types are represented. Gold – copper porphyry, volcanogenic massive sulfide, and stratabound silver – zinc – lead – copper deposit indicators are all observed at various locations on the property. Favourably situated on rocks of the Jurassic-aged Lower Hazelton Group, the Oweegee Dome is an anticlinal structure exhibiting orthogonal structural fabric that seems to be common in proximity to other deposits in the Golden Triangle district. Rocks of the older, Triassic, Stuhini Formation are exposed in the core of the anticline. The Hazelton – Stuhini contact is known to be a very productive stratigraphic level for mineral deposits in the Golden Triangle. The same rocks host Seabridge’s KSM copper-gold porphyry deposit and Pretivm’s Brucejack epithermal gold deposit, which are on an adjacent claim blocks, approximately 25 kilometers to the west. Millrock’s property completely covers a little-explored inlier of the favourable rocks within the Bowser Basin. It is a district-scale land package comprising 312 square kilometers that includes the differentiated Delta Intrusion which is known to contain very anomalous copper and gold values in soil, rock and drill core samples. Millrock is a 100% owner of the mineral rights. The project is located 90 kilometers northeast of the town of Stewart, British Columbia. Highway 37 and the new Northwest Transmission Line pass through the western portion of the property.

The technical information within this document has been 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.

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

Millrock Resources Inc.
2300 – 1177 West Hastings St.
Vancouver, BC V6E 2K3
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 Progress at Stellar Gold – Copper Project, Alaska

VANCOUVER, BRITISH COLUMBIA, September 22nd, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that induced polarization (“IP”) geophysical surveys are presently being conducted on its Stellar gold – copper project located near the Denali Highway in central Alaska. The work is being done by Vista Minerals (Alaska) Inc., a wholly-owned subsidiary of Vista Minerals Pty Ltd, a private Australian company (“Vista”). Vista and Millrock formed an option to joint venture agreement on the project in late 2015, as described in an earlier press release here. Millrock presently owns a 100% interest in the claims, subject to Vista’s right to earn up to an 80% interest by expending US$4 million on exploration and paying US$300,000 to Millrock over a four-year period. A production royalty would be payable to Altius Minerals Corporation. Vista is the exploration operator and reports that it is presently conducting IP surveys at the Jupiter copper occurrence and on the west flank of the high-grade Zackly gold – copper skarn deposit. Earlier this year Vista significantly expanded the original Millrock claim block by staking of claims, all of which are now subject to the option to joint venture agreement. The property now covers an area of 7,187 hectares.

Millrock President & CEO Gregory A. Beischer commented, “We are pleased to see this project advancing. The Zackly gold – copper prospect presents an excellent opportunity for Vista to establish a modern gold resource and expand upon it. The porphyry and intrusion-related gold targets, none of which have ever been drilled, are virgin country, ripe for a new discovery."

A variety of mineralization styles are present on the property. The lands are considered prospective for high-grade gold-copper skarn deposits, porphyry copper-gold deposits, or other types of copper deposits and intrusion-related gold deposits. Previously, through a comprehensive program of soil and rock sampling and airborne magnetic, electromagnetic and radiometric surveys, Millrock identified a number of target areas, each of which is briefly summarized below:

Zackly gold – copper skarn deposit: At Zackly, a historical “reserve” of 185,724 ounces of gold and 61.6 million pounds of copper contained in a deposit of 1,407,000 tons (1,128,500 tonnes) grading 0.132 ounces per ton (6.03 grams per tonne) gold and 2.19% copper has been reported by prior explorers (From Resource Associates of Alaska, 1987, 1987 Final Report: Exploration Results from Zackly Gold-Copper Skarn Prospect Alaska Range, Alaska Volume I, 141 p.).

NOTE: A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and Millrock is not treating this historic estimate as current mineral resources or reserves. The Zackly resource estimate study by Resource Associates of Alaska utilized a modified polygonal method based on data from core drill holes, reverse circulation drill holes and surface trenches. Calculations were determined using a drill hole radius of influence of 200 feet and a 0.05 opt Au cutoff. This historic estimate constitutes the most recent reserve/resource study known to Millrock. The historical resource estimate is for historical purposes only. The historical resource estimates were prepared prior to the implementation of NI 43-101 and use terminology different from and current reporting standards, including the terms “indicated and inferred reserves” which incorrectly implies economic viability. The historical estimate is suspect based on poor recovery of the diamond core drilling and also the rotary drilling between 1981 and 1987 resulting in significant core loss within areas of mineralization, together with selective sampling, wide drill spacing between sections and the lack of a quality assurance / quality control assay protocol (Eden, K. A., 2011, Stellar Property, Valdez Creek Mining District, South-Central Alaska: NI 43-101 Technical Report, January 8, 2013, 113 p.). Dr. Eden, a qualified person as defined in NI 43-101, has done sufficient work to determine that it is not possible to use the historical estimates as current mineral resources or mineral reserves and Millrock is therefore not treating the historical estimates as current mineral resources or mineral reserves. He has determined that it will be necessary to re-drill the holes to upgrade or verify the historical estimate as current mineral resources, as described in Dr. Eden’s technical report which was filed on SEDAR (www. Sedar.com) on January 8, 2013.

Mars prospect: Located approximately 10 kilometers west of Zackly, this prospect consists of altered diorite intruding volcanic rocks with extensive gossan exposures that locally contain copper mineralization. Soil sample lines across altered zones consistently returned anomalous values, including 950 meters, averaging 763 ppm copper, and 1.2 kilometers averaging 462 ppm copper. Rock grab samples of altered bedrock and float were collected previously by Millrock from the prospect. Seven of those samples assayed over 1% copper with values up to 7.4% copper and up to 1.78 ppm gold. Vista indicates it plans to use IP to test for sulfide minerals along a fault structure that appears to extend from Zackly to the Mars prospect.

Jupiter prospect: At this prospect, Millrock previously identified a multi-element geochemical anomaly, which measures 1.7 kilometers by 2.3 kilometers, and is underlain by a corresponding magnetic high. The anomaly consists of 33 soil samples with copper results ranging between 246 ppm to 3850 ppm. They have an average copper value of 832 ppm. Gold values in these soil samples average 92 ppb and range from 5 ppb to 178 ppb. In addition to high copper and gold, the soils contain anomalous silver and cobalt. A grab sample of rock collected by Millrock in an area northwest of the main Jupiter prospect in 2013 returned an exceptionally high value of 23 percent copper, but no follow up work has yet been done. Vista plans to inspect the site of this sample during the current geophysical phase.

Gemini prospect: The Gemini target area is a newly discovered anomaly generated in the recent exploration program. It is a strong copper-in-soil anomaly centered on a chlorite (+skarn +potassic) alteration zone in andesite and basalt. The anomaly is defined by 12 samples over an area measuring 1.8 kilometers by 3.0 kilometers. Copper values range from 356 ppm to 1130 ppm and average 568 ppm copper. The core copper anomaly is accompanied by strongly anomalous lead, gold, and molybdenum, and is surrounded in a zoned halo of zinc, iron and manganese.

Moonwalk prospect: This is an intrusion-related gold prospect located in the north part of the property. The geology, alteration and mineralization is well exposed on the steep north side of a ridge. Moderately dipping sedimentary rocks are intruded by a granodiorite sill. Quartz veins are mapped over a broad zone of east-trending veining which appears to cut both intrusive and sedimentary rock. The vein zone projects over a kilometer in strike at surface. Rock and soil samples from Millrock’s work returned results consistently anomalous in gold, antimony, arsenic, bismuth and zinc. A total of nineteen soil samples, covering an area approximately 500 meters by 700 meters over the altered and veined granodiorite averaged 1.15 grams per tonne gold. Rock samples of mineralized vein material returned assays as high as 30.4 grams per tonne gold.

The technical information within this document has been 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.

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

Millrock Resources Inc.
2300 – 1177 West Hastings St.
Vancouver, BC V6E 2K3
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 and Centerra Gold Commence Drilling at Los Chinos Gold Project, Sonora, Mexico

VANCOUVER, BRITISH COLUMBIA, September 6, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that it has initiated a drilling program at its Los Chinos gold project in Sonora State, Mexico. The project is the subject of a previously-announced option to joint venture agreement with Centerra Gold Inc. (“Centerra”). Under the option agreement, Centerra can earn a 70% interest by funding US$5.0 million in exploration expenditures over a five year period. Millrock manages the exploration work in close consultation with Centerra.

The drilling program is planned to consist of at least ten holes totaling approximately 2,000 meters. The first target to be tested will be the El Camino zone. At this prospect anomalous gold, lead and arsenic are detected over an area measuring 700 meters long and up to 500 meters wide. Other pathfinder elements present within the anomaly include zinc and silver. From a recently-completed induced polarization survey, resistivity lows bounding resistive blocks seem to correlate with anomalous soil results. Mineralized quartz veins exposed at surface appear to have formed along shear zones developed along syn-metamorphic, low-angle reverse faults. Specular hematite is commonly present near veins and pale green sericite-chlorite characterizes the altered wall rocks of the shear zones. Extensional structural conditions are indicated. Mapping has demonstrated that the typical characteristics of orogenic-type gold deposits area present on the Los Chinos project.

Located just 100 kilometers north of Millrock’s office in the city of Hermosillo, Mexico, the Los Chinos property is immediately adjacent to Highway 15. The Los Chinos property is located approximately 50 kilometers south of the San Francisco gold mine, which is operated by Timmins Gold Corp. The Los Chinos property is in a very similar geological setting as the San Francisco mine and is prospective for mesothermal, orogenic gold deposits. Three zones of mineralization have so far been delineated by Millrock; El Camino, La Tinaja and Albercas. This link leads to a description of the project with maps.

The technical information within this document has been 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.

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

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 Purchases Exploration Operations Facility, Stewart Golden Triangle District, BC, Canada

VANCOUVER, BRITISH COLUMBIA, August 30, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces it has purchased a 100% interest in an exploration operations facility in the town of Stewart, British Columbia from J. Calder Resources Inc. and Geofine Exploration Consultants. The facility, which consists of a house / office, a large storage garage, and core cutting facility, is situated on eight real estate lots. The facility sits on a large gravel pad and the lot is securely fenced for safe storage of drill core and equipment. An array of exploration equipment was also included in the purchase.

Millrock President & CEO, Gregory A. Beischer, stated: “This facility will make an excellent base of operations for continued exploration of Millrock’s existing projects in the Golden Triangle, and for those we generate in the future”.

Under the terms of the agreement of purchase and sale, Millrock will pay a total of CAD$300,000 over two years and issue 50,000 Millrock shares. The payment shares will be subject to a hold period of four months from the date of issuance.

The purchase and sale agreement is subject to approval by the TSX Venture Exchange.

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

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 Purchases Willoughby Gold Prospect, Stewart Golden Triangle District, British Columbia, Canada

VANCOUVER, BRITISH COLUMBIA, June 10, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces it has purchased the Willoughby high-grade gold prospect from John Bernard Kreft of Whitehorse, Yukon, Canada. The 995 hectare claim block is located three kilometers east of the Red Mountain development project operated by IDM Mining Ltd. (TSX-V: IDM) and eight kilometers south of Millrock’s Poly property and the LNT property, which Millrock has an option to purchase from Teuton Resources Corp. (TSX-V: TUO) along the Del Norte trend. Highway 37A lies fourteen kilometers to the north. The town of Stewart, British Columbia lies 27 kilometers to the west.

Map of The Golden Triangle, with acquired Willoughby Prospect in purple.

Map of The Golden Triangle, with acquired Willoughby Prospect in purple.

High grade gold-silver drill intercepts have been reported by prior explorers. Historical intersections that have been reported include:

Hole #
From (m)
To (m)
Core Length (m)
Gold (g/t)
Silver (g/t)
NZ89-061
22.0
42.5
20.5
25.0
184.2
95-532
64.5
77.5
13.0
13.3
59.2
95-532 including
72.5
75.5
3.0
31.1
124.5
95-362
88.4
91.3
2.9
398.0
199.4
95-512
47.8
53.7
5.9
16.2
50.2
94-263
75.6
81.6
6.0
17.1
664.3
94-153
66.0
77.7
11.7
39.8
102.4

 

Note: The Qualified Person (“QP”) has not inspected the drill cores. No check assays have been performed.The QP does not have inadequate information to determine whether the reported intersections represent true widths. The results presented are historical in nature and cannot necessarily be relied upon as accurate. The drill hole information was sourced from the following assessment reports, which are in the public domain.

1 Assessment Report #19,474, 1989 Drill Report, Andreas H. Vogt, Bond Gold Canada Inc.
2 Assessment Report # 23,674, 1995 Drill Report, David A Visagie, P.Geo., Camnor Resources Ltd.
3  Assessment Report # 24,169, 1994 Drill Report, David A Visagie, P.Geo., Camnor Resources Ltd.

Millrock has purchased a 100% interest in the project for the sum of $40,000 and 300,000 Millrock shares. All currency referenced herein are Canadian dollars. Millrock will also make other payments in the event the following milestones are met:

  • In the event that 2,500 meters of drilling is completed, $40,000 or 200,000 Millrock shares at the option of the vendor; and
  • If a Preliminary Economic Assessment (“PEA”) is completed, Millrock will pay 50 cents per ounce of gold contained on the property in an Inferred Resource (Canadian Institute of Mining definition) to a maximum of $2 million; and
  • If a Decision to Mine is made, Millrock will pay $1.00 per ounce of gold contained on Reserves and Resources in all categories delineated at the time, less any amount paid at the time of the PEA, to a maximum of $5 million.

Mine production, if it occurs, will be subject to a 3% Net Smelter Returns royalty. The royalty may be purchased in its entirety for the sum of $3 million at any time prior to the commencement of commercial production.

The purchase and sale agreement is subject to approval by the TSX Venture Exchange.

Gregory A. Beischer, Millrock President stated: “The prospect is in steep mountainous terrain on the eastern edge of the Cambria Icefield. The terrain will present challenges, but also opportunities. Glaciers have been rapidly receding over the years since the last exploration drilling work was done in 1995. Much more may now be visible and accessible. The gold grades intersected by previous explorers are quite high. We look forward to following up on the discoveries made previously.”

Eleven different zones of mineralization have been identified on the property. The host rocks are Jurassic in age and are geologically assigned to the lower portions of the Hazelton Group. The high grade gold zones are associated with vein structures and sulfide minerals.

For an overview of all of Millrock’s Golden Triangle projects, click here.

The technical information within this document has been 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 primarily comes from 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 and Altius.

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

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 and Centerra Gold Commence Exploration at Los Chinos and Los Cuarentas Gold Projects, Sonora, Mexico

VANCOUVER, BRITISH COLUMBIA, June 1, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that surface exploration is underway at the Los Chinos and Los Cuarentas gold projects in Sonora State, Mexico. The projects are the subject of a previously-announced option to joint venture agreement with Centerra Gold Inc. (“Centerra”). Under the option agreement, Centerra can earn a 70% interest by completing US$5.0 million in exploration expenditures over a five-year period at Los Chinos, and US$2.0 million at Los Cuarentas.

Los Chinos: At Los Chinos, a comprehensive program of geological mapping, soil sampling and rock sampling with concurrent magnetic and gradient induced polarization (“IP”) geophysical surveys is being conducted. Early soil sample results show that the El Camino zone is of greater extent than initially indicated by prior work. Anomalous gold, lead and arsenic are detected over an area measuring 700 meters long and up to 500 meters wide. From the IP survey, resistivity highs seem to correlate with anomalous soil results. Mineralized quartz veins exposed at surface appear to have formed along shear zones developed along syn-metamorphic reverse faults. Specular hematite is commonly present near veins and pale green sericite-chlorite characterizes the altered wall rocks of the shear zones. Extensional structural conditions are indicated. Mapping has demonstrated that the typical characteristics of orogenic-type gold deposits area present on the Los Chinos project. Excavation of a number of trenches at El Camino is planned. Applications for permits to carry out trenching and drilling have been submitted and approvals are expected imminently. 

Located just 100 kilometers north of Millrock’s office in the city of Hermosillo, Mexico, the Los Chinos property is immediately adjacent to Highway 15. The Los Chinos property is located approximately 50 kilometers south of the San Francisco gold mine which is operated by Timmins Gold Corp. The Los Chinos property is in a very similar geological setting as the San Francisco mine and is prospective for mesothermal, orogenic gold deposits. Three zones of mineralization have so far been delineated by Millrock; El Camino, La Tinaja and Albercas. This link leads to a description of the project with maps.

Los Cuarentas: Millrock’s Los Cuarentas property lies 160 kilometers northeast of Hermosillo and is accessed by a series of gravel roads leading from Highway 89. The Mercedes Mine, a gold mine owned and operated by Yamana Gold Inc., is situated on claims immediately adjacent to the southwest. A stream sediment sampling program has been initiated. The main focus of current exploration will be at an area showing alteration typical of the upper levels of an epithermal mineralizing system. This link leads to a description of the project with maps.

The technical information within this document has been 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 primarily comes from 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 and Altius.

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

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 Tranche Two of Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA, May 31, 2016 – Millrock Resources Inc. (TSX-V: MRO) reports that the final portion of the non-brokered private placement announced on May 4, 2016 has closed and a total of 10,670,660 Units at a price of $0.29 per Unit were issued for gross proceeds of $3,094,491.40. The Company raised a grand total of $3,596,191.40 in this financing. Each Unit consisted of one common share and one share purchase warrant (a “Warrant”) entitling the holder to purchase one additional common share for $0.44 until May 25, 2019.

In Tranche 2, Finder’s fees were paid as follows: $17,922 and 61,800 Finder’s Warrants were paid to Sprott Private Wealth LP, $105,262 and 362,973 Finder’s Warrants were paid to Sprott Global Resource Investments, Ltd. and $6,090 and 21,000 Finder’s Warrants were paid to Red Plug Capital Corp.  Each Finder’s Warrant entitles the Finder to purchase one additional common share for $0.29 for two years from the Closing Date.

The common shares, Warrants and all common shares issuable upon exercise of Warrants and Finder’s Warrants issued in connection with this tranche of the private placement are subject to a four month hold period and may not be traded until October 1, 2016. 

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 primarily comes from its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: Centerra Gold, Newcrest Gold, First Quantum, Teck, Kinross, Vale, Inmet and Altius.

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

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 Tranche One of Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA, May 11, 2016 – Millrock Resources Inc. (TSX-V: MRO) reports that a portion of the non-brokered private placement announced on May 4, 2016 has closed and a total of 1,730,000 Units at a price of $0.29 per Unit have been issued for gross proceeds of $501,700. 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 $0.44 per common share until May 25, 2019.

Finder’s fees were paid as follows: $30,102 and 103,800 Finder’s Warrants have been paid to Red Plug Capital Corp.  Each Finder’s Warrant entitles the Finder to purchase one additional common share at a price of $0.29 per common share until May 5, 2018.

Common shares issued in connection with this private placement, Warrants, Finder’s Warrants and all common shares issuable upon exercise of Warrants and Finder’s Warrants, are subject to a four month hold period and may not be traded until September 7, 2016.

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 primarily comes from its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: Centerra Gold, Newcrest Gold First Quantum, Teck, Kinross, Vale, Inmet and Altius. 

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

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

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.d 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 Private Placement Financing

Not for distribution to United States newswire services or for dissemination in the United States.

VANCOUVER, BRITISH COLUMBIA, May 4, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that it plans to raise gross proceeds of up to $3,509,000 through a non-brokered private placement of up to 12,100,000 units (the “Units”) priced at $0.29 per Unit. Each Unit will consist of one common share and one share purchase warrant (the “Warrants”). Each Warrant will entitle the holder to purchase one additional common share at a price of $0.44 for a term that is approximately the third anniversary of the closing date. Finder’s fees of 6% cash or the equivalent in Units may be paid 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 intends to use the proceeds for exploration and development of its properties and for general corporate purposes. This financing is subject to receipt of TSX Venture Exchange acceptance.

The technical information within this document has been 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 primarily comes from its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: Centerra Gold, Newcrest Gold First Quantum, Teck, Kinross, Vale, Inmet and Altius.

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

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

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

"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 Purchase of Chisna Copper-Gold Project, Alaska

VANCOUVER, BRITISH COLUMBIA, April 7, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that the company has purchased mining claims comprising the Chisna project in Alaska. A 100% interest in the project was purchased by Millrock from Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX: KOR, OTCQX: CORVF) for U$25,000. Corvus will retain a 1% Net Smelter Returns royalty on the claims. Along with the mineral rights, Millrock purchased an exclusive copy of a proprietary exploration database covering the claims and the surrounding district. The data represents an estimated US$11 million worth of exploration work.  The claims hold indications of copper-gold porphyry deposits. There are numerous untested targets represented within the proprietary database. Other possible target types in the district include gold-only vein and intrusion-hosted deposits, as well as nickel-platinum group element deposits.

Millrock President & CEO Gregory Beischer stated: “We are pleased to add this project to our portfolio and look forward to utilizing the information that we’ve purchased. Corvus does excellent exploration work but since they are now focused elsewhere it created a great opportunity for Millrock.”

The easternmost portion of the Chisna project is accessed by a series of trails leading from the paved Tok Cutoff highway. The trailhead is four kilometers west of the village of Slana. Fairbanks Alaska lies 420 km by road to the northwest.

The technical information within this document has been 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 primarily comes from 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 and Altius.

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

Millrock Resources Inc.
2300 – 1177 West Hastings St.
Vancouver, BC V6E 2K3
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 Expands Land Holdings, Stewart Golden Triangle District Property, British Columbia

VANCOUVER, BRITISH COLUMBIA, April 4, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that the company has acquired five new tenures by staking. The new ground covers the favourable contact and structures that host mineralization on Millrock’s Todd and Poly projects, and joins the two properties together. Todd is centered in the Todd Creek Valley, about 25 km northeast of Stewart, British Columbia, and Poly is located 34 km northeast of the town of Stewart, bisected by Hwy 37A and the Stewart Power Line.

The new tenures comprise a total of 5,391 ha, covering a number of BC Minfile occurrences i.e., Surprise (Mo, Cu): Surprise Creek (Ag, Au, Cu, Mo); and are contiguous with the southeast corner of Pretivm’s Bowser Lake landholding. The new tenures that now link the Todd and Poly properties allow assessment work credits to be spread over the entire land package.

The new tenures cover Middle Jurassic Hazelton Group stratigraphy on or in the area of the Betty Creek/Mount Dilworth Formation contact with the Salmon River Formation. Rocks in vicinity of the contact host the gold and polymetallic volcanogenic massive sulfide targets on Millrock’s wholly-owned Poly property, and on the LNT property upon which Millrock has an option with Teuton Resources Corp. The new claims are particularly important because they encompass the northern extension of the important geological target on Millrock’s Poly property.

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. The company is active in Alaska, British Columbia, the southwest USA and Sonora State, 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: Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet and Altius.

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

Millrock Resources Inc.
2300 – 1177 West Hastings St.
Vancouver, BC V6E 2K3
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 Option Agreement with Centerra Gold on Los Chinos and Los Cuarentas Gold Projects, Sonora, Mexico

VANCOUVER, BRITISH COLUMBIA, March 30, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that the company has made an option to joint venture agreement concerning its Los Chinos and Los Cuarentas gold projects in Sonora State, Mexico.

Millrock President & CEO Gregory Beischer stated: “We are pleased to start this new partnership with Centerra Gold. It is a great to see a mining company aggressively acquiring and exploring properties in a challenging market and we are glad to be able to show progress in Mexico to our shareholders”.

Located just 100 kilometers north of Millrock’s office in the city of Hermosillo, Mexico, the Los Chinos property is immediately adjacent to Highway 15 and south of the San Franscisco gold mine. The Los Chinos property is prospective for orogenic gold, and possibly epithermal mineralization. Three zones of mineralization have so far been delineated by Millrock; El Camino, La Tinaja and Albercas Planned exploration work includes geological mapping, soil sampling, trenching and magnetic, and induced polarization geophysical surveys. Millrock’s crews will mobilize immediately to complete the work. Click here for a description of the project with maps.

Millrock’s Los Cuarentas property lies 160 kilometers northeast of Hermosillo and is accessed by a series of gravel roads leading from Highway 89. The Mercedez Mine, a gold mine owned and operated by Yamana Gold Inc., is situated on claims immediately adjacent to the south. A stream sediment sampling survey will be conducted as the first exploration phase. Prior work by Millrock has indicated gold-bearing epithermal quartz veining. The main focus of current exploration will be at an area showing alteration typical of an epithermal and porphyry mineralized system. Click here for a description of the project with maps.

Under the option agreement, Centerra can earn a 70% interest by completing US$5.0 million in exploration expenditures at Los Chinos and US$2.0 million at Los Cuarentas, over a five-year period. The first year expenditure of US$420,000 for the two projects is a commitment of Centerra. Millrock will be the exploration operator for the first two years, and longer at Centerra’s option. A modest management fee, calculated as a percentage of exploration expenditures, will be paid to Millrock to offset overhead costs. Upon meeting the total expenditure requirement, Centerra would vest with a 70% interest and the parties would contribute pro-rata to future exploration and development. In the event that Millrock or Centerra is diluted below a 10% interest, such interest will convert automatically to a 1% NSR royalty. The claim blocks currently comprising the two properties are also subject to a royalty in favour of Pembrook Mining Corp., the company from which Millrock purchased the claims in 2014. The agreement contains a mechanism by which additional projects may be added to the option with an attendant increase in exploration expenditure requirement.

The technical information within this document has been 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 primarily comes from 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 and Altius. 

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

FOR FURTHER INFORMATION, PLEASE CONTACT
Melanee Henderson, Investor Relations
Phone: (604) 638-3164
Toll Free: (877) 217-8978
mhenderson@millrockresources.com

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 Investor Relations Contract

VANCOUVER, BRITISH COLUMBIA, March 23, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the “Company”) announces that Melanee Henderson has been hired on a contract basis to provide investor relations services to the Company. Ms. Henderson will be responsible for the development and execution of a communications program aimed at increasing the Company's profile in the investment community. Ms. Henderson brings with her over ten years of experience as an investor relations professional, primarily with Hunter Dickinson Inc. of Vancouver, B.C.

The Company has granted to Ms. Henderson 50,000 incentive stock options by which she may acquire 50,000 common shares of Millrock at a price of $0.245 per share until March 23, 2021. The incentive stock options will vest quarterly over a period of 12 months. The contract calls for a monthly retainer of $2,500 plus allowable expenses, which will be paid from general working capital, for part-time services for the duration of the contract term which is set to expire December 31, 2016. The contract is renewable by mutual consent. Ms. Henderson does not presently own any Millrock securities, aside from the stock options mentioned above.

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 primarily comes from its joint venture partners, which 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 Assumption of Option on LNT Polymetallic Property in the Stewart Golden Triangle District, British Columbia

VANCOUVER, BRITISH COLUMBIA, March 21, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that the company has assumed an option agreement on the Lord Nelson Tenures (“LNT Property”) from Geofine Exploration Consultants (“GFX”). The mineral tenures are owned by Teuton Resources Corp. (“Teuton”) (TSX-V; TUO), and have been under option to GFX since October 2010. The LNT Property adjoins and expands to the south upon Millrock’s Poly property. It is situated at the juncture between the Del Norte mineralized trend further to the south and the X Zone VMS horizon located on Millrock’s Poly Property. The LNT Property consists of five tenures covering approximately 2,450 hectares. The expanded Poly property, now consisting of 9,770 hectares, is located 34 kilometers northeast of the town of Stewart, British Columbia and is bisected by Highway 37A and the Stewart Power Line.

The LNT target area hosts highly anomalous stream sediment, soil and rock samples. Samples are anomalous in gold, silver, copper, lead, zinc, and pathfinder elements cadmium, arsenic, and antimony. A rock sample collected from a large, silica flooded felsic boulder is reported to contain 6.55 grams of gold per tonne. An historic AeroTEM electromagnetic anomaly extends to the north from the Del Norte trend and has never been drill tested on the LNT Property. The property is underlain by favourable Middle to Lower Jurassic-aged Hazelton Group rocks.  Rapidly receding glaciers have exposed new mineral showings and alteration zones in recent years. Systematic geochemical sampling and geological mapping will be needed prior to selecting targets for drill testing.

By assuming the option, Millrock now has the right to earn a 100% interest in the LNT Property by incurring exploration expenditures of $898,405 and providing option payments of $120,000 over a four-year period. The next option payment of $15,000 is due in November, 2016 and the exploration expenditures may be completed any time prior to November, 2019. Teuton retains a 2% NSR royalty with a $50,000 advance royalty starting in 2020. There has been no up-front cost to Millrock for the assumption.

The technical information within this document has been 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 primarily comes from its joint venture partners, which 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 Stock Option Grants

VANCOUVER, BRITISH COLUMBIA, February 4, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces it has granted a total of 1,400,000 stock options under the Company’s stock option plan to directors, officers, employees and consultants. The options are exercisable at $0.245 per share for a period of five years.

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. The company is active in Alaska, British Columbia, the southwest USA and Sonora State, 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 Termination of Estelle Gold Project Joint Venture in Alaska

VANCOUVER, BRITISH COLUMBIA, January 29, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that the company and joint venture partner Teck American Inc. have elected to terminate the joint venture concerning the Estelle project in Alaska. The project has been inactive since 2014 and efforts to attract a third party to the project have been unsuccessful. The claims that comprise the project have been allowed to lapse.

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. The company is active in Alaska, British Columbia, the southwest USA and Sonora State, 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 Termination of Alaska Peninsula Copper Project Option Agreement, Alaska

VANCOUVER, BRITISH COLUMBIA, January 29, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that First Quantum Minerals has elected not to renew its option to acquire a joint venture interest in the Alaska Peninsula property. No mineralization of significance was discovered in drilling at the Mallard Duck Bay prospect. Mineralization intersected at the Dry Creek prospect, while highly anomalous, was not strong enough to encourage further drilling. Millrock is discussing an extension of the option to lease agreement concerning the lands with the underlying subsurface land owner, Bristol Bay Native Corporation.

Millrock President & CEO Gregory Beischer commented, “The Dry Creek and Mallard Duck Bay prospects at the Alaska Peninsula project presented excellent opportunities for exploration success. Although the best targets were tested, no mineral deposit of economic significance was discovered. This is the nature of early-stage exploration. Most early-stage exploration drill targets do not result in discovery. However, if we keep drilling quality targets we will eventually succeed in discovering a valuable metallic mineral deposit. The Kawisgag prospect at the south end of the Alaska Peninsula project remains a strong target for drill testing.”

The technical information within this document has been 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. 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. The company is active in Alaska, British Columbia, the southwest USA and Sonora State, 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."