Millrock Partner Felix GOLD Begins Trading ON the Australia Securities Exchange (ASX), Fairbanks Area GOLD Projects, Alaska
MILLROCK RESOURCES INC. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.millrockresources.com
NR: 22-01
MILLROCK PARTNER FELIX GOLD BEGINS TRADING
ON THE AUSTRALIA SECURITIES EXCHANGE (ASX),
FAIRBANKS AREA GOLD PROJECTS, ALASKA
VANCOUVER, BRITISH COLUMBIA, January 31, 2022 – Millrock Resources Inc. (TSX-V:
MRO, OTCQB: MLRKF) ("Millrock" or the “Company”) reports that Felix Gold has been
accepted by the Australian Securities and Investments Commission and has commenced
trading on the Australian Securities Exchange (“ASX”) under the trading symbol FXG. Millrock is
being issued 9,957,157 Felix Gold shares that are subject to an escrow period of two years.
During the Initial Public Offering, Felix Gold raised in excess of AUD$10 million. Felix Gold will
direct much of the capital raised to exploration of the mineral claims contributed by Millrock
and/or staked or acquired by Felix Gold in the Fairbanks Mining District.
Millrock President and CEO Gregory Beischer commented: “This is great news for Millrock and
its shareholders. Some excellent targets have been developed over the past year. With a strong
treasury and a robust 2022 budget, Felix Gold will have a great chance to make new gold
discoveries. Any exploration success should result in strong appreciation of the Felix Gold
shares that Millrock holds, and this should be supportive of Millrock’s share price.”
As reported in a January 12, 2021 press release, Millrock assigned Felix all of its rights in the
Fairbanks area Ester Dome and Treasure Creek properties, and the Liberty Bell project. Millrock
had held these rights for several years under agreements with prospectors. The Fairbanks
Mining District is located within the prolific Tintina Gold Province, which spans Alaska and
Yukon. In return, Millrock has received share equity in Felix Gold, advance royalties, and
production royalties.
Felix Gold indicates that it has secured a drill rig and plans an aggressive drilling campaign.
MILLROCK RESOURCES INC. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.millrockresources.com
Millrock Partner Felix Gold Lists on ASX
Page 2
Figure 1. Plan View Map showing the location of the project within the Tintina Gold Province.
Qualified Person
The scientific and technical information disclosed within this document has been prepared,
reviewed, and approved by Gregory A. Beischer, President, CEO, and a director of Millrock
Resources. Mr. Beischer is a qualified person as defined in NI 43-101.
About Millrock Resources Inc.
Millrock Resources Inc. is a premier project generator to the mining industry. Millrock identifies,
packages, and operates large-scale projects for joint venture, thereby exposing its shareholders
to the benefits of mineral discovery without the usual financial risk taken on by most exploration
companies. The company is recognized as the premier generative explorer in Alaska, holds
royalty interests in British Columbia, Canada, and Sonora State, Mexico, is a significant
shareholder of junior explorer ArcWest Exploration Inc. and owns a large shareholding in
Resolution Minerals Limited. 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: EMX Royalty, Coeur Explorations, Centerra Gold, First
Quantum, Teck, Kinross, Vale, Inmet and, Altius as well as junior explorers Resolution,
Riverside, PolarX, Felix Gold and Tocvan.
MILLROCK RESOURCES INC. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.millrockresources.com
Millrock Partner Felix Gold Lists on ASX
Page 3
ON BEHALF OF THE BOARD
“Gregory Beischer”
Gregory Beischer, President & CEO
FOR FURTHER INFORMATION, PLEASE CONTACT:
Melanee Henderson, Investor Relations
Toll-Free: 877-217-8978 | Local: 604-638-3164
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Some statements in this news release may contain forward-looking information (within the
meaning of Canadian securities legislation) including, without limitation, the intention to mount
further exploration, including drilling in 2022. 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.