Millrock Reports Assay Results from Drilling and Surface ROCK Sampling at WEST Pogo and Eagle Blocks, 64NORTH 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: 21-02
MILLROCK REPORTS ASSAY RESULTS FROM
DRILLING AND SURFACE ROCK SAMPLING AT WEST
POGO AND EAGLE BLOCKS, 64NORTH PROJECT,
ALASKA
Highlights
• Broad, low-grade intrusion-hosted gold mineralization was sampled at the Sunrise
prospect, West Pogo block. Continuous rock sampling in a road cut leading to the
adjacent Aurora prospect area returned:
o 93.0 meters @ 0.29 grams per tonne (“g/t”) gold including
o 27.0 meters @ 0.53 g/t gold with a maximum 1.0 meter interval @ 1.89 g/t gold.
• Partner Resolution minerals indicates its plans to test the new Sunrise prospect with a
Rotary Air Blast (“RAB”) drill in March 2021.
• Drilling of two holes at the Aurora prospect in November / December 2020 did not result
in any significant gold intercepts.
• Trenching and rock sampling completed at the Eagle prospect in late 2020 returned
zones of low grade gold mineralization:
o 12.0 meters @ 0.20 g/t gold including 3.0 meters @ 0.56 g/t gold in Trench ID:
20E1004; and
o 26.0 meters @ 0.10 g/t Au in Trench ID: 20E1002
VANCOUVER, BRITISH COLUMBIA, January 18, 2021 – Millrock Resources Inc. (TSX-V:
MRO, OTCQB: MLRKF) ("Millrock" or the “Company”) announces assay results from road cut
sampling at the Sunrise prospect, drilling at the Aurora prospect of the West Pogo block, and
trenching at the E1 prospect, Eagle block, at the 64North Gold Project, Alaska. 64North is a
large project situated near Northern Star’s Pogo Mine. Resolution Minerals (ASX: RML,
“Resolution”) is earning an interest in the project by funding exploration.
MILLROCK RESOURCES INC. | Suite 2300 – 1177 West Hastings St. | Vancouver, BC V6E 2K3
Tel: 604 638 3164 | Fax: 907 677 3599 | www.millrockresources.com
64North Gold Project update, Alaska
Page 2
Figure 1: Millrock claims shown in blue. The large, 660 square kilometer property is subdivided
into “blocks”. Prospects pertinent to this press release are indicated in red.
Aurora Prospect, West Pogo Block
The final two diamond drill holes (20AU08 and 20AU09) of the 2020 drilling program intersected
multiple quartz veins following up on the 7.0 meter-thick quartz vein in hole 20AU07 previously
reported. No significant assays were encountered on these last three holes for 2020, despite the
technical success. A comprehensive review of the structural data and assays results from the
2020 West Pogo drilling program is underway to determine the next steps for the Aurora, Echo,
and Reflection Prospects.
MILLROCK RESOURCES INC. | Suite 2300 – 1177 West Hastings St. | Vancouver, BC V6E 2K3
Tel: 604 638 3164 | Fax: 907 677 3599 | www.millrockresources.com
64North Gold Project update, Alaska
Page 3
E1 Prospect, Eagle Block
Four trenches totaling 716 meters in length were excavated across the highest priority
structures at this prospect. The trenches intersected numerous zones of gold mineralization
consistent with intrusion-related-intrusion-hosted style gold mineralization. Trenching and rock
sampling completed at the Eagle prospect in late 2020 returned zones of low-grade gold
mineralization:
• 12.0 meters @ 0.20 g/t Au including 3.0 meters @ 0.56 g/t gold in Trench ID: 20E1004;
and
• 26.0 meters @ 0.10 g/t Au in Trench ID: 20E1002
The trenches are located within a large gold geochemical anomaly that measures 10 square
kilometers. Resolution indicates it plans to do further work to develop drill targets in 2021 at this
prospect.
Sunrise Prospect, West Pogo Block
A previously constructed drill road that runs from the Pogo Mine road to Millrock’s Aurora
prospect crosses the Sunrise prospect. Bedrock was exposed over significant lengths in road
cuts when the road was constructed. Continuous rock sampling along the road cut has identified
a broad zone of low-grade intrusion-hosted gold mineralization. The results are:
• 93.0 meters @ 0.29 grams per tonne (“g/t”) gold including 27.0 meters @ 0.53 g/t gold
with a maximum 1.0 meter interval @ 1.89 g/t gold.
The Sunrise prospect lies just to the south of the Aurora prospect and is approximately four
kilometers from Northern Star’s Pogo Mine. The prospect is underlain by a quartz-felspar-biotite
granite intrusion crosscut by sheeted quartz veins that contain gold. This style of mineralization
is a distinguishing feature of intrusion hosted gold systems. The granite body is overburden-
covered, except for a few small outcroppings. A large zone measuring 400 meters by 1,100
meters of anomalous soil sample results overlies the inferred position of the granite body.
Resolution indicates that it is planning a 3,000-meter RAB drilling program with approximately
25 holes to be drilled. The drilling will be done along the existing drill trail leading from the Pogo
Mine road to the Aurora prospect. Resolution reports it intends to commence drilling in March
2021.
Quality Control and Quality Assurance
Millrock adheres to stringent Quality Assurance – Quality Control (“QA/QC”) standards. Drill
core was transported to Millrock’s operation base in Fairbanks, Alaska where it was logged, cut
and sampled. Drill core and samples were kept in a secure location at all times. For the results
presented here, the representative half-core samples and rock samples underwent sample
MILLROCK RESOURCES INC. | Suite 2300 – 1177 West Hastings St. | Vancouver, BC V6E 2K3
Tel: 604 638 3164 | Fax: 907 677 3599 | www.millrockresources.com
64North Gold Project update, Alaska
Page 4
preparation at the Bureau Veritas laboratory in Fairbanks, Alaska, (preparation method code
PRP70-250) using 70% to <2 mm Crush and Pulverize 85% to <75 um. Appropriate high,
medium and low gold and base metal standards were used by Millrock on a 1:20 basis (5%).
Blanks were inserted on a 1:50 basis (2%). The Bureau Veritas laboratory introduces QAQC
samples and completes duplicate check assays on a routine basis. Following preparation in
Fairbanks the samples were subsequently analysed at the Bureau Veritas laboratory in Reno,
Nevada. Gold was analysed by Fire Assay (code FA430/AA) with an AAS finish using a 30
gram nominal sample weight. No multi-element analysis was completed on the samples.
Inspection of QAQC information indicates that all sample results are within tolerance.
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, and is a significant
shareholder of junior explorer ArcWest Exploration Inc. as well as a 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, Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet
and, Altius as well as junior explorers Resolution, Riverside, PolarX, and Felix Gold.
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 may contain forward-looking information (within the
meaning of Canadian securities legislation) including without limitation the intention to mount
further exploration including RAB drilling in 2021. These statements address future events and
MILLROCK RESOURCES INC. | Suite 2300 – 1177 West Hastings St. | Vancouver, BC V6E 2K3
Tel: 604 638 3164 | Fax: 907 677 3599 | www.millrockresources.com
64North Gold Project update, Alaska
Page 5
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.