Millrock Sells Violeta Concession, Sonora, Mexico
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: 17-04
MILLROCK SELLS VIOLETA CONCESSION, SONORA,
MEXICO
VANCOUVER, BRITISH COLUMBIA, January 31st, 2017 - Millrock Resources Inc. (TSX-V:
MRO, OTCQX: MLRKF) ("Millrock" or “the Company”) is pleased to announce that it has sold a
concession named Violeta to Riverside Resources Inc. (TSX-V: RRI) (“Riverside”).
Consideration paid by Riverside for the concession is $10,000 and 100,000 Riverside shares.
Additionally, Riverside has granted a 0.5% Net Smelter Returns royalty to Millrock. The
agreement is subject to approval by the TSX Venture Exchange.
Gregory A. Beischer, Millrock’s President & CEO commented: “This concession is favourably
situated geologically and sits immediately adjacent to larger tracts of land that are known to host
some interesting gold occurrences. In a larger, district play, Violeta could be a valuable block for
Riverside. Millrock is pleased to now own some Riverside shares as we believe this fellow
generative explorer will continue to succeed, and that the shares will someday be much more
valuable”.
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.
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)
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 Sells Violeta Concession
Page 2
Millrock Resources Inc.
2300-1177 West Hastings Street
Vancouver,
V6E 2K3
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."