Millrock and Coventry Commence Drilling Program at the High-Grade Copper-GOLD Deposit, Stellar Project, Alaska
MILLROCK RESOURCES INC. | Suite 2300 – 1177 West Hastings St. | Vancouver, BC V6E 2K3
Tel: 604 638 3164 | Fax: 907 677 3599 | www.millrockresources.com
NR: 17-18
MILLROCK AND COVENTRY COMMENCE DRILLING
PROGRAM AT THE HIGH-GRADE COPPER-GOLD DEPOSIT,
STELLAR PROJECT, ALASKA
VANCOUVER, BRITISH COLUMBIA, August 28, 2017 - Millrock Resources Inc. (TSX-V:
MRO, OTCQX: MLRKF) ("Millrock" or “the Company”) is pleased to announce that drilling has
commenced at the Stellar Project. The program will focus on the high-grade copper-gold deposit
called Zackly. A program consisting of approximately 25 holes totaling 3,000 meters is planned.
Two drills have been mobilized to complete the work. Millrock is executing the work on behalf of
Coventry Resources (ASX: CYY, “Coventry”). Millrock recently sold its interest in the Stellar
Project for an equity stake in Coventry. The Company presently owns 10.6% of the issued and
outstanding Coventry shares.
The drilling program’s primary objective is to bring the historic, high-grade, copper-gold resource
at the Zackly skarn deposit to meet the standards of the Australian Joint Ore Reserves
Committee (JORC) for mineral resource reporting. To accomplish this objective one drill will be
used to drill approximately twelve holes through the known, historic deposit. For a description of
the Stellar Project, and the Zackly copper-gold deposit, click here. A second drill will test for
extensions of the deposit, both to the east and west, where induced polarization surveys
indicate possible additional mineralization.
Coventry also owns the nearby Caribou Dome (“CD”) copper deposit, which is reported by
Coventry to have a high-grade resource that is described in this Coventry press release. A
description of the CD project can be found at this link. Geological mapping and other surface
work is currently in progress at CD.
Baseline environmental studies will also be conducted at both Zackly and CD in anticipation of
moving the combined project toward a pre-feasibility study in 2018.
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 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 RESOURCES INC. | Suite 2300 – 1177 West Hastings St. | Vancouver, BC V6E 2K3
Tel: 604 638 3164 | Fax: 907 677 3599 | www.millrockresources.com
Millrock and Coventry Commence Drilling
at High-Grade Stellar Project
Page 2
ON BEHALF OF THE BOARD
“Gregory Beischer”
Gregory Beischer, President & CEO
FOR FURTHER INFORMATION, PLEASE CONTACT:
Melanee Henderson, Investor Relations
(604) 638-3164
(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, inv olve 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."