In December 2015, Millrock entered into a series of agreements to consolidate three major land packages in the “Golden Triangle” area, northeast of the town of Stewart. Through substantial effort, coordination and cooperation by the team to execute eight different agreements simultaneously with six different claim owners, royalty owners and creditors, Millrock assembled three large, cohesive mining claim blocks covering highly prospective lands in a very attractive and active exploration and mine development district – Todd Creek, Poly and Oweegee Dome.

The Golden Triangle is truly one of the world’s most prolific and best-mineralized slices of the earth’s crust and through the acquisition Millrock was able to assert itself as the premier generative exploration company in the district with three main projects to start, adding a fourth, the Willoughby project, in June 2016.

Following The Model

In strict keeping with the joint-venture business model, Millrock invested in early stage exploration to bring the projects to a viable state where they could be optioned to funding partners. In August 2017, following a ZTEM airborne geophysical surveys and the acquisition of historical data from the projects, Millrock announced that it had granted an an option to purchase a 100% interest (subject to a royalty provision) in the Willoughby and Oweegee Dome projects to Sojourn Exploration Inc.

Partner-Funded Exploration

Following the announcement of the partnership, Millrock began work as the exploration operator on the Willoughby and Oweegee Dome projects, thereby earning a management fee on all exploration work, with the work being funded by Sojourn Exploration.

Throughout the course of late 2017 and early 2018, Millrock completed surface sampling work that indicated important new zones of mineralization at the Willoughby Project, a stream sediment sampling program and a targeted soil sampling program at Todd Creek project and [any other exploration]

In February of 2018, Millrock vended its third Golden Triangle project – the Todd Creek project – to Sojourn in exchange for shares.

December 7, 2017 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock") is pleased to announce that sampling results for a comprehensive stream sediment sampling program and a targeted soil sampling program have been reported by partner Sojourn Exploration Inc., (TSX-V:SOJ) (“Sojourn”).

December 18, 2017 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock") is pleased to report results from a stream sediment sampling program carried out on its Todd Creek project

February 2nd, 2018 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock") is pleased to report developments concerning its exploration projects in the Golden Triangle District of British Columbia. Under the contemplated transaction, Millrock will vend its Todd Creek project to Sojourn Exploration Inc. (“Sojourn” TSX-V: SOJ). The terms of the existing option agreements with Sojourn concerning Millrock’s Oweegee Dome and Willoughby projects would also be modified. If the transaction is completed Millrock will be a 19.9% owner of Sojourn, and a royalty holder on the properties.

The Sale

On August 9th, 2018, Millrock announced that it had executed a definitive agreement in which its three exploration projects in the Golden Triangle District of British Columbia - Oweegee Dome, Willoughby and Todd Creek - were sold to Sojourn Exploration Inc. (“Sojourn”, TSX-V: SOJ), in exchange for shares amount to Millrock owning 16% of Sojourn Exploration. Additionally, under the proposal, Sojourn issued shares to Seven Devils Exploration Ltd. (“SDE”) for four British Columbia projects and the Seven Devils Exploration team took over executive and technical management of Sojourn.

The intended result was a well-financed exploration company managed by an outstanding technical team that will specialize as a British Columbia Project Generator company.


The Model In Action

Timeline

Following the transaction, Millrock had invested a total of X dollars into the project.

End Result: Millrock now owns X percentage of Sojourn Exploration, and is subject to the following royalties.

The transaction leaves Millrock X.


Learn More About The Project

Oweegee Dome

British Columbia

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Willoughby

British Columbia

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Todd Creek

British Columbia


In December 2015, Millrock entered into a series of agreements to consolidate three major land packages in the “Golden Triangle” area, northeast of the town of Stewart. The three projects, Todd Creek, Poly and Oweegee Dome, were prospective for gold and polymetallic base metal deposits

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.

June 10, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces it has purchased the Willoughby high-grade gold prospect

September 26, 2016 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces that a ZTEM airborne geophysical survey is underway at its Oweegee Dome project.

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.

February 14th, 2017 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock" or “the Company”) announces that is has completed a ZTEM and magnetic airborne geophysical survey on its Oweegee Dome project, located in the Golden Triangle District of British Columbia.

March 23, 2017 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock" or “the Company”) announces that it has located and acquired historic exploration information for its Willoughby high-grade gold-silver project in the Golden Triangle District of British Columbia. 

August 24, 2017 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock") is pleased to announce that the transaction previously announced here on June 14, 2017, has closed. Under two separate agreements, Millrock has granted an option to purchase a 100% interest (subject to a royalty provision) in the Willoughby and Oweegee Dome projects to Sojourn Exploration Inc., (TSX-V: SOJ) ("Sojourn"), previously Sojourn Ventures Inc. The two projects are located in the Golden Triangle mining district, northeast of the Town of Stewart, British Columbia, Canada.

June 14th, 2017 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock") announces two separate option agreements whereby it has granted an option to Sojourn Ventures Inc., (TSX-V: SOJ) ("Sojourn"), which may purchase a 100% interest (subject to a royalty provision) in the Willoughby and Oweegee Dome projects in the Golden Triangle mining district northeast of the Town of Stewart, British Columbia, Canada.

August 30, 2017 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock" or “the Company”) is pleased to announce that work has begun on the Willoughby and Oweegee Dome projects in the Golden Triangle district of British Columbia. The work is being executed by Millrock, funded by Sojourn Exploration Inc. (TSX-V: SOJ) ("Sojourn"), and should be completed by the end of September.

November 27, 2017 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock") is pleased to announce that sampling results have been reported by partner Sojourn Exploration Inc., (TSX-V:SOJ) (“Sojourn”). Sojourn indicates in their press release that it has discovered important new zones of mineralization at the Willoughby Project, located in the Golden Triangle district of British Columbia, during the Company’s recent surface prospecting program.

December 7, 2017 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock") is pleased to announce that sampling results for a comprehensive stream sediment sampling program and a targeted soil sampling program have been reported by partner Sojourn Exploration Inc., (TSX-V:SOJ) (“Sojourn”).

December 18, 2017 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock") is pleased to report results from a stream sediment sampling program carried out on its Todd Creek project

February 2nd, 2018 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock") is pleased to report developments concerning its exploration projects in the Golden Triangle District of British Columbia. Under the contemplated transaction, Millrock will vend its Todd Creek project to Sojourn Exploration Inc. (“Sojourn” TSX-V: SOJ). The terms of the existing option agreements with Sojourn concerning Millrock’s Oweegee Dome and Willoughby projects would also be modified. If the transaction is completed Millrock will be a 19.9% owner of Sojourn, and a royalty holder on the properties. Additionally, under the proposal, Sojourn will issue shares to Seven Devils Exploration Ltd. (“SDE”) for four British Columbia projects. The SDE team will take over executive and technical management of Sojourn. The intended result will be a well-financed exploration company managed by an outstanding technical team that will specialize as a British Columbia Project Generator company.

August 9, 2018 - Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) ("Millrock") is pleased to report that it has executed a definitive agreement for a transaction in which its three exploration projects in the Golden Triangle District of British Columbia - Oweegee Dome, Willoughby and Todd Creek - have been sold to Sojourn Exploration Inc. (“Sojourn”, TSX-V: SOJ). The agreement to sell the properties was previously announced here when Millrock entered into a Letter of Intent to complete the transaction in February of this year.

On September 14th, 2018 Millrock announced that the TSX Venture Exchange has given final acceptance of the previously announced transaction with Sojourn Exploration Inc. (“Sojourn”, TSX-V: SOJ) concerning Millrock’s exploration projects in the Golden Triangle District of British Columbia: Oweegee Dome, Willoughby and Todd Creek.