2012

Millrock Provides Update on Strategic Alliance with Vale: Five Porphyry Copper-Gold Projects Generated in Alaska

VANCOUVER, BRITISH COLUMBIA, December 20, 2012 - Millrock Resources Inc. (MRO - TSX-V) (“Millrock” or “the Company”) announced today that the strategic partnership between the Company and Vale Exploration USA, Inc., a wholly-owned subsidiary of Vale S.A. ("Vale"), has concluded.  Through the course of the program, Vale invested $1.4 million for research and reconnaissance exploration for porphyry copper-gold deposits in Alaska.  The work led to recommendations for five Designated Projects, one of which was accepted by Vale:  the AUDN project.  Under a separate budget Vale funded $700,000 for soil geochemical and ZTEM-magnetic airborne geophysical surveys at AUDN.  However, Vale has also advised that they will not fund further work on AUDN. Gregory Beischer, President & CEO of Millrock stated, “While Vale will not continue with the strategic partnership, we are pleased with what has been accomplished.  As a result of the work, Millrock has generated five highly prospective projects, two of which have been advanced to the drill-ready stage.  There is an excellent chance that we will find other partner companies to test the prospects we developed with Vale.”

ABOUT MILLROCK RESOURCES INC. Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$10 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Inmet and Altius.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Grants Stock Options

VANCOUVER, BRITISH COLUMBIA, November 15, 2012 - Millrock Resources Inc. (MRO – TSX.V) ("Millrock" or the "Company") has granted a total of 350,000 stock options under the Company’s stock option plan to a consultant.  The options are exercisable at $0.23 per share for a period of five years.

ABOUT MILLROCK RESOURCES INC. Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$10 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Announces Increase In Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA, October 30, 2012 – Millrock Resources Inc. (MRO – TSX:V) reports it has increased the non-brokered private placement announced on October 23, 2012.  The financing will now consist of up to 8,800,000 units at a price of $0.25 per unit for gross proceeds of up to $2,200,000.  Each unit shall consist of one common share of Millrock and one share purchase warrant (the “Warrants”), with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.35 per share for a period of three years from the closing date.  The increase was done in order to include a further investment from Altius Resources Inc. (“Altius”).  By virtue of the strategic alliance between the companies Altius has elected to exercise its anti-dilution right.  Additionally the financing has been increased to include one more strategic investor.

Finder’s fees of 7% cash and 7% finder’s warrants (“Finder’s Warrants”) may become payable in connection with this private placement.  The Finder’s Warrants will entitle the holder thereof to purchase units at an exercise price of $0.25 for a period of three years, the units having the same terms as described above.

Proceeds from the financing will be used for project marketing, generation of new projects and general corporate purposes. The financing is subject to approval from the TSX Venture Exchange.

ABOUT MILLROCK RESOURCES INC. Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock is on track to carry out exploration programs with a total value of more than US$11 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Announces Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA, October 23, 2012 – Millrock Resources Inc. (MRO – TSX:V) has arranged a non-brokered private placement with a small, strategic group of investors.  The financing will consist of up to 7,600,000 units at a price of $0.25 per unit for gross proceeds of up to $1,900,000.  Each unit shall consist of one common share of Millrock and one share purchase warrant (the “Warrants”), with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.35 per share for a period of three years from the closing date.

Finder’s fees of 7% cash and 7% finder’s warrants (“Finder’s Warrants”) may become payable in connection with this private placement.  The Finder’s Warrants will entitle the holder thereof to purchase units at an exercise price of $0.25 for a period of three years, the units having the same terms as described above.

Proceeds from the financing will be used for project marketing, generation of new projects and general corporate purposes. The financing is subject to approval from the TSX Venture Exchange.

ABOUT MILLROCK RESOURCES INC. Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock is on track to carry out exploration programs with a total value of more than US$11 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Discovers New Gold Zone at Council Project, Alaska

VANCOUVER, BRITISH COLUMBIA, October 10 2012 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") announced today results from the 2012 drilling program at the Council gold property located west of Nome, Alaska.  Exploration drilling, done at the Elkhorn and Upper Ophir prospects, totaled 1,242 meters in nine core holes.  Kinross Gold Corporation (NYSE: KGC) (“Kinross”) is funding exploration under the terms of an option to joint venture agreement with Millrock operating.

Highlights

The 2012 Council project exploration program included core drilling at two prospects, Elkhorn and Upper Ophir. Results from the 2012 drill program include the following.

  • Elkhorn Prospect:  Hole COU12-023 cut an interval averaging 2.58 grams per tonne gold over 7.01 metersfrom 106.99 to 114.00 meters occurring within a 14.02 meter interval averaging 1.45 grams per tonne goldfrom 106.99 to 121.01 meters. This hole constitutes discovery of a new gold occurrence on the Council project.
  • Upper Ophir Prospect:  Hole COU12-025 cut an interval averaging 1.09 grams per tonne gold over 7.62meters from 38.40 to 46.02 meters.

Elkhorn Prospect The Elkhorn prospect occurs along a possible northwest-trending fault zone in schist and marble of the Nome Group. Previous soil sampling at Elkhorn defined a zone of anomalous gold and arsenic covering a 7.5 km strike length. The 2012 Elkhorn drilling consisted of seven core holes totaling 942 meters with four of the holes intersecting gold mineralization (see table below). Drilling occurred along widely-spaced drill fences within the central part of the anomaly over an area of approximately 1.5 km. Much of the anomalous trend remains untested and additional soil sampling with follow-up core drilling has been recommended to Kinross.

Upper Ophir Prospect The Upper Ophir prospect area geology consists primarily of schist and marble of the Nome Group, similar to that at Elkhorn. A large, strong arsenic anomaly was the focus of the drilling program which targeted a zone of graphitic schist overlying marble. Two core holes totaling 287 meters were drilled with both encountering encouraging gold mineralization (up to 7.62m grading 1.09 g/t Au).

The Council Project

Millrock has assembled a district-scale land package by staking claims and making option agreements with the Bering Straits Native Corporation and two prospectors.  The town of Council was built during the early 1900’s and was the nucleus of a prolific placer gold mining district that produced at least 300,000 ounces.

Bedrock geologic units in the Council area are primarily part of the Precambrian to Paleozoic, blueschist-facies metamorphosed Nome Group.  Bedrock gold mineralization is preferentially hosted in the more siliceous schist and quartzite units of the Mixed Unit with larger deposits occurring in shear structures and in brittle rocks.

Initial drilling at Council by Millrock was done in 2010 at the Albion prospect located west of the Upper Ophir prospect and northeast of the Elkhorn prospect. Drilling consisted of 17 shallow reverse circulation holes totaling 2,062 meters.  Two holes intersected > 1 g/t Au mineralization, confirming bedrock mineralization at the Albion prospect (see news release dated October 22, 2010 entitled “ Millrock and Kinross Report Results From Drill Program and Surface Geochemical Surveys at Council Gold Project, Alaska”).

Kinross can earn a 55% interest in properties secured in the Area of Interest by incurring US$3.0 million in exploration expenditures and paying Millrock a total of US$260,000.  Kinross may elect to increase its interest to 75% by making a further US$3.0 million exploration expenditure.  The agreement is presently in its third year.

Select 2012 Council composite intercepts (>0.50 g/t Au) are summarized in the table below.  Widths are reported as drill widths, not true widths, due to limited geological information in the area.

Prospect Hole ID From (m) To (m) Length (m) Au (g/t) Notes
Elkhorn COU12-018 31.85 39.93 8.08 0.90
Elkhorn COU12-019 141.73 142.95 1.22 23.80
Elkhorn COU12-020 No Significant Values
Elkhorn COU12-021 No Significant Values
Elkhorn COU12-022 135.94 137.16 1.22 0.68
Elkhorn COU12-023 88.69 93.57 4.88 0.65
including 92.35 93.57 1.22 1.98
COU12-023 106.99 121.01 14.02 1.45
including 106.99 114.00 7.01 2.58
Elkhorn COU12-024 No Significant Values
Upper Ophir COU12-025 38.40 46.02 7.62 1.09
including 45.23 46.02 0.79 8.61
Upper Ophir COU12-026 71.44 82.60 11.16 0.55
including 76.23 78.36 2.13 1.67

Note: Listed composites are those averaging >0.50 g/t Au calculated using a 0.200 gram/tonne Au cutoff with a maximum 3 meters internal dilution.

Location maps for the 2012 Council drill holes can be found at this link:  http://www.millrockresources.com/files/Location-Maps-Cross-Sections-2012-Council-Drilling.pdf

Notes The 2012 exploration drill program and sampling protocol has been reviewed, verified and compiled by Millrock's geologic staff. A rigorous QAQC protocol was used on the project, including insertion of blank, duplicate and standard reference samples per every 20 samples delivered to the assay lab. Because of concerns over coarse gold and the potential for gold loss during core handling and sampling, the entire drill core was sampled with each sample placed in a sealed bag. All samples were securely shipped to ALS Chemex Labs in Anchorage, Alaska for preparation, with fire assay and multi-element ICP analyses done at ALS Chemex Labs facility in Reno, Nevada. The drill core was carefully logged and photographed prior to sampling.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and CEO, 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.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock is on track to carry out exploration programs with a total value of more than US$11 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Acquires Stellar Copper-Gold Project, Central Alaska

VANCOUVER, BRITISH COLUMBIA, September 19, 2012 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") announced today that it has generated a new copper-gold project named Stellar. The project is located in central Alaska 13 km north of the Denali Highway and 68 km west of the town of Paxson. The property, which was acquired by staking, covers the Zackly copper-gold skarn deposit and surrounding lands considered prospective for porphyry copper-gold deposits. At Zackly, a historical resource of 218,944 ounces of gold and 66.9 million pounds of copper contained in a deposit of 1,244,000 tons (1,128,500 tonnes) grading 0.176 ounces per ton (6.03 grams per tonne) gold and 2.69 % copper has been reported by prior explorers (UNC Teton Exploration and Drilling Inc., 1982). (Note: A qualified person has not done sufficient work to classify the historical estimate as current mineral resources. The issuer is not treating the historical estimate as current mineral resources). Philip St. George, Millrock Chief Exploration Officer stated:  “We feel that the skarn resource can be readily expanded.  The favourable limestone-diorite contact can be traced hundreds of meters along strike in both directions from the resource area, and with the exception of the “main skarn zone”, has had limited drilling.  Additionally, there are indications that the gold grade may be significantly under-reported.  Outside of the previously defined skarn zones, we feel the project has significant potential for the discovery of a large copper-gold porphyry system.  Our exploration crews have discovered porphyry mineralization at surface that has not been drill tested and Millrock soil sampling has extended anomalous zones substantially.”

The Zackly skarn was originally staked by Resource Associates of Alaska (RAA) in the 1970’s with the majority of exploration campaigns occurring between 1981 and 1994. The most extensive exploration programs were conducted as part of several joint ventures between RAA/Nerco and Teton Exploration Drilling, Boulder Gold, Phelps Dodge and Hemlo Gold/Noranda.  Historical diamond and reverse circulation drilling on the skarn prospect totals approximately 40,000 ft (12,192 m) in approximately 85 holes.  Known areas of skarn mineralization occur over a strike length in excess of three km with the known resource occurring within the “main skarn zone” which has a strike length of approximately one km. The majority of the historical drilling occurred in the “main skarn zone” with the remaining trend, which includes extensive covered areas, seeing only limited drilling.  In addition to drilling, the property has seen extensive geochemical, geophysical and geological surveys. All historical data, as well as sample pulps and core, were recently obtained by Millrock in a purchase agreement.  Presently the Company is digitizing the information and bringing drill hole logs and analytical data into its Geographic Information System.

Millrock began staking claims in the area in 2010, subsequently adding claims in early 2011 and finally in August of this year bringing the total project area to an approximate 30,500 hectares (see figure here). Since 2010, Millrock has collected 388 soil, 199 rock and 99 stream sediment samples throughout the project area resulting in the discovery of at least four new copper and/or gold prospects. Of particular note is the Mars prospect, located approximately 10 km west of Zackly. This prospect consists of altered diorite intruding volcanic rocks with extensive gossan exposures that locally contain copper mineralization. Soil sample lines across altered zones consistently returned anomalous values including 950 meters averaging 763 ppm copper and 1.2 kilometers averaging 462 ppm copper.

Millrock considers the Stellar Project a highly prospective property with excellent exploration potential for the discovery of significant porphyry copper/gold, skarn and intrusive-related gold mineralization. Millrock, which has 100% ownership of the project subject to a royalty to Altius Minerals, is currently seeking a joint venture partner for the project. Additional information on the Stellar Project, as well as all of Millrock’s available properties is available at the Millrock Resources website.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and Chief Executive Officer, 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.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$11 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Discovers New Gold Zone at Estelle Project, Alaska

VANCOUVER, BRITISH COLUMBIA, September 10, 2012 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") announced today results from the 2012 drilling program at the Estelle gold property located northwest of Anchorage, Alaska.  Exploration drilling was done at the RPM, Oxide and West Wing prospects, three of the nine prospects occurring within the Estelle project area.  Nine core holes totaling 1,379 meters were drilled as part of the 2012 program with all nine intersecting gold and/or copper mineralization. The exploration work was managed by Millrock on behalf of Teck American Incorporated ("Teck "), a subsidiary of Teck Resources Limited.  Teck (55%) and Millrock (45%) are joint venture partners on the project.

Highlights

The 2012 program met its objective of discovering higher grade at the Oxide prospect and identified two new significant zones of gold mineralization at the RPM and West Wing prospects.

RPM Prospect:  Hole SE12-008 cut an interval averaging 2.07 grams per tonne gold over 21.94 meters from 82.30 to 104.24 meters occurring within a 102.11 meter interval averaging 1.04 grams per tonne gold from 26.52 to 128.63 meters. This hole constitutes a new discovery of gold mineralization on the Estelle project.

Oxide Prospect:  Hole SE12-004 cut an interval averaging 1.14 grams per tonne gold over 41.45 meters from 30.79 to 72.24 meters.  Gold mineralization has now been drilled over a 740-meter strike length and is open in all directions. Grade appears to increase to the southeast where induced polarization surveys suggest increasing sulfide content.

West Wing Prospect:  Hole SE12-007 cut an interval averaging 1.01 grams per tonne gold over 7.01 metersfrom 50.29 to 57.30 meters.  This newly discovered mineralization appears to be hosted by a shallow dipping diorite dike or sill.  Due to badly broken ground, drilling unfortunately failed to intersect the lower intrusive contact, which at surface appears to be more strongly mineralized.

RPM Prospect Geologic mapping in 2012 at the RPM Prospect has defined a broad zone of alteration in a high-level intrusive magmatic contact zone.  The single 2012 drill hole at RPM undercut sheeted quartz veins and stockworks exposed at surface.  The hole encountered significant gold mineralization with an intercept of 2.07 g/t Au over 21.94 meters within a 102.11 meter interval averaging 1.04 grams per tonne gold from 26.52 to 128.63 meters. Mineralization remains open in all directions. This new discovery is considered a priority target for follow-up.

Oxide Prospect At the Oxide Prospect, drilling in 2012 intersected multiple mineralized zones.  In three of the holes (SE12-002, 003, 004) the zones appear to occur along a rough northwest trend with veins exhibiting steep, near-vertical dips.  Mineralized zones up to 100 meters wide were encountered along this trend which now has a drilled strike length of 740 meters.  These holes were designed to follow up the Oxide discovery hole drilled in 2011 (see news release dated November 9, 2011 entitled “ Millrock Intersects Intrusion-Related Gold System at Estelle Project, Alaska”).  Anomalous gold mineralization was intersected over wide zones in all holes drilled.  The grade of mineralization, however, appears to increase to the southeast.  Hole SE12-004, the southeastern-most hole drilled, intersected gold mineralization throughout the majority of the hole with a highlight intercept of 41.45 meters grading 1.14 grams gold per tonne.  An induced polarization survey conducted in 2012 revealed a chargeability high corresponding with the drilled mineralized trend. The highest chargeability occurs southeast of drill hole SE12-004 providing a vector to possible higher-grade mineralization to the southeast.  This overburden covered area, with mineralization open both along strike and down dip, is considered a priority drill target.

West Wing Prospect Geologic mapping in 2012 at the West Wing Prospect has defined a zone of strong hydrothermal alteration surrounding a diorite sill.  At surface, copper, iron and arsenic sulfide mineralization with gold in quartz veins and veinlets appears to increase in intensity toward the lower contact of the sill.  Three holes were drilled in an attempt to pierce the sill and its lower contact.  However, due to badly broken rock, the light drill rig was incapable of reaching the necessary depth.  Nevertheless, anomalous gold values were returned in all three West Wing holes with a high of 1.01 grams per tonne gold over 7.01 meters.  Elevated copper values are also present in core from this prospect and range between 1000 and 4580 ppm Cu.  Evaluation of the 2012 West Wing exploration data is ongoing. Additional follow-up exploration work is recommended.

The Estelle Project Geologic features, and extensive surface geochemical anomalies at Estelle, indicate the potential for large, bulk-minable, reduced-intrusion-related or porphyry-style deposits.  To date, nine main areas of large-scale anomalous gold and pathfinder element geochemistry (Shoeshine, Shadow, Train, Oxide, RPM, West Wing, Portage, T5 and Stoney) have been identified within the 34,090 hectare Estelle Project.  The Estelle Project is adjacent to Kiska Metals Corp.'s Whistler copper-gold deposit and in the same assemblage of rocks that hosts Northern Dynasty/Anglo American's giant Pebble copper-gold-molybdenum-silver deposit.  During 2012, Teck fulfilled obligations to earn a 55% interest in the Estelle Project with Millrock retaining a 45% interest. Portions of the property are subject to a 3% NSR royalty payable to third parties.

Excellent progress was achieved in 2012 with follow-up drilling and continued evaluation of the numerous prospects within the project area anticipated for 2013.

Select 2012 Estelle composite intercepts (0.50 g/t Au) are summarized in the table below:

Prospect Hole ID From (m) To (m) Length (m) Au (g/t) Notes
Oxide SE12-001 Local anomalous Au values
Oxide SE12-002 46.33 67.36 21.03 0.65
SE12-002 75.29 78.33 3.04 0.62
99.67 113.08 13.41 0.69
includes 99.67 104.24 4.57 1.19
SE12-002 121.92 136.25 14.33 0.60
146.91 165.20 18.29 0.73
172.82 188.06 15.24 0.53
includes 172.82 176.94 4.12 1.43
Oxide SE12-003 Local anomalous Au values
Oxide SE12-004 30.79 72.24 41.45 1.14
99.36 101.80 2.44 0.89
105.77 121.01 15.24 0.50
127.41 168.25 40.84 0.57
includes 146.91 166.73 19.82 0.87
Oxide Ridge SE12-005 32.61 37.19 4.58 0.69
70.41 76.51 6.10 0.52
79.55 82.60 3.05 0.52
114.60 122.22 7.62 0.75
135.94 138.99 3.05 0.54
157.28 161.85 4.57 0.61
166.42 175.56 9.14 0.58
195.38 203.45 8.07 0.50
204.83 209.09 4.26 0.55
219.76 230.43 10.67 0.51
West Wing SE12-006 Local anomalous Au values
 
West Wing SE12-007 50.29 61.87 11.58 0.69
includes 50.29 57.30 7.01 1.01
SE12-007 75.29 76.51 1.22 1.20
RPM SE12-008 8.84 128.63 119.79 0.92  
includes 26.52 128.63 102.11 1.04  
includes 82.30 104.24 21.94 2.07  
includes 117.96 125.58 7.62 2.03  
SE12-008 135.79 139.60 3.81 0.65  
142.34 148.44 6.10 0.64
162.15 166.73 4.58 0.51
West Wing SE12-009 48.77 52.43 3.66 0.52

Note: Listed composites are those averaging >0.50 g/t Au calculated using a 0.20 g/t Au cutoff with a maximum 3 meters internal dilution

Location maps and cross sections for the 2012 Estelle drill holes can be found at this link: http://www.millrockresources.com/presentations/estelle_presentation/

Notes True widths for the Oxide prospect drill holes are estimated at 0.707 of the intercept length based on a northwest-trending, steeply-dipping mineralized zone.  Currently, there is insufficient information to determine true widths for the RPM and West Wing drill intercepts.

The 2012 exploration drill program and sampling protocol has been reviewed, verified and compiled by Millrock's geologic staff.  A rigorous QAQC protocol was used on the project, including insertion of blank, duplicate and standard reference samples per every 20 samples delivered to the assay lab.  Drill cores were split lengthwise and half of the core was collected as a sample and placed in a sealed bag.  All drill core samples were securely shipped to ALS Chemex Labs in Anchorage, Alaska for preparation, with fire assay and multi-element ICP analyses done at ALS Chemex Labs facility in Reno, Nevada.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and Chief Executive Officer, 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.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$11 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Commences Drilling on San Jose Project, Safford Copper District, Arizona

VANCOUVER, BRITISH COLUMBIA, August 1, 2012 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") is pleased to announce that a third phase of drilling has begun on the San Jose project in the Safford District of Arizona. The drilling program will consist of three holes totaling approximately 3,300 m. The holes will be drilled to test geological - magnetic survey targets that may represent porphyry-style mineralized intrusive rocks.

The San Jose project is positioned at the intersection of the exceptionally prolific Safford and Morenci porphyry trends. The Safford deposits, presently being actively developed by Freeport McMoran Copper & Gold, form a linear northwest striking trend. The San Jose project is located approximately six km from the Sanchez deposit at the southeast end of the Safford trend. Morenci is located approximately 30 km to the northeast. Together, Safford and Morenci account for approximately 10 billion tons of past copper production and future reserves and resources. A porphyry cell located on Millrock's claims was discovered by drilling done by Noranda Inc. in the early 1990s. Drilling in the current program will focus on targets northeast of the San Jose porphyry.

The project is the subject of an exploration and option agreement with Inmet Mining Corporation (TSX: IMN) ("Inmet"). Under the terms of the Agreement Inmet has the opportunity to earn a 70% interest by incurring US$4.0 million in exploration expenditures and by making option payments of US$750,000.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and CEO, 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. In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies. Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona. With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$11 million in 2012. Business partners of Millrock include some of the leading names in the mining industry: Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Begins Drilling at Council Gold Project, Seward Peninsula, Alaska

VANCOUVER, BRITISH COLUMBIA, July 24, 2012 - Millrock Resources Inc. (MRO - TSX:V) ("Millrock" or the "Company") announced that drilling has commenced at the Council project on the Seward Peninsula in western Alaska. Exploration at the Council project targets sediment-hosted vein gold deposits. The planned program for this project consists of six holes totaling approximately 1,000 m. Drill holes will test a seven km long gold – arsenic soil anomaly that overlies a regional structural feature. In places, the soil anomaly is up to 400 m in width. Millrock crews discovered stockwork and vein hosted gold mineralization near the target area in 2011. Placer gold occurrences are known to exist downstream.

The Council project is the subject of an option to joint venture agreement with Kinross Gold Corporation (KGC - NYSE) ("Kinross"). Under the terms of the agreement, Kinross may earn up to a 75% interest in the project.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and CEO, 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.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$10 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Commences Drilling Program at Estelle Gold Project, Alaska

VANCOUVER, BRITISH COLUMBIA, July 9, 2012 - Millrock Resources Inc. (MRO - TSX:V) ("Millrock" or the "Company") announced today that drilling has commenced at the Estelle Gold Project in Alaska.  The project is a joint venture between Millrock (45%) and Teck American Incorporated ("Teck") (55%), a subsidiary of Teck Resources Limited.  The Estelle gold project is located northwest of Anchorage, Alaska. The drilling program now underway is planned to consist of seven holes totaling approximately 1,500 m.  Five of the planned holes will be drilled at the Oxide Ridge occurrence where Millrock intersected a thick, low grade gold intersection during its 2011 drilling program.  At this location, Millrock previously discovered a multi-element soil geochemical anomaly in a roughly circular area measuring two km in diameter.  As announced on November 9, 2011, hole SE-001 intersected variably altered magmatic intrusive rock with quartz veins and stockworks containing gold mineralization over the entire length of the hole.  Most of the mineralization was found from depths of 31.8 m to 397.1 m and returned a weighted average of 0.43 g/t Au over 365.3 m. Two more holes will be used to test geochemical anomalies in pyritic rocks on the margin of an intrusion at the RPM showing located at the south end of the claim block.

The target sought at Estelle is a gold deposit of the Intrusion-Related type.  Geologic features, and extensive surface geochemical anomalies indicate the potential for large, bulk-minable, deposits.  Four main zones of large-scale anomalous gold and pathfinder element geochemistry have been identified over the past three years:  Shoeshine, Oxide Ridge, RPM and Stoney.  At the Shoeshine and Oxide Ridge prospects surface mineralization is spatially associated with porphyritic intrusive rocks, quartz stockworks and hydrothermal breccias.  At RPM rusty, pyritic hornfels sediments with anomalous gold indicate a possible auriferous intrusion at a shallow burial level.  The Stoney prospect is a high-grade, polymetallic vein occurrence.

Many of the claims that comprise the property are subject to a 3.0% NSR royalty payable to third parties.  The claims are located approximately 160 km northwest of Anchorage, Alaska.  The property is adjacent to Kiska Metals Corp.'s Whistler copper-gold deposit.  Estelle is located in the Kahiltna Terrane, an assemblage of rocks that hosts Northern Dynasty/Anglo American's giant Pebble copper-gold-molybdenum-silver deposit.

Millrock's 45% share of the 2012 exploration program is estimated to cost approximately US$800,000.  Under the terms of a loan agreement with Teck, Millrock will borrow up to the entire amount necessary to cover its share of the planned program costs.  The loan, which bears a 6% interest rate, may be repaid by December 31, 2012, and if Millrock does so, it will retain its 45% interest.  Millrock may elect not to repay the loan, and if it does not, its interest in the Estelle project will be reduced in accordance with the dilution formula contained in the joint venture agreement.  If the planned program is carried out, and Millrock does not repay the loan, its equity interest in the project would be reduced to approximately 35%.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and CEO, 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.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$10 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Grants Stock Options

VANCOUVER, BRITISH COLUMBIA, June 21, 2012 - Millrock Resources Inc. (MRO - TSX.V) ("Millrock" or the "Company") has granted a total of 2,300,000 stock options under the Company’s stock option plan to directors, officers, employees and consultants. The options are exercisable at $0.21 per share for a period of five years.

ABOUT MILLROCK RESOURCES INC. Millrock Resources Inc. is a premier project generator to the mining industry. In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies. Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona. With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$10 million in 2012. Business partners of Millrock include some of the leading names in the mining industry: Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

"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.”

Millrock Provides Update of Exploration Activities and Results

VANCOUVER, BRITISH COLUMBIA, June 21, 2012 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the "Company") is pleased to provide an activity update for its exploration projects in Alaska and Arizona.  Keeping in line with its Project Generator – Joint Venture business model, Millrock has continued to generate numerous high-quality projects throughout the year, and secured substantial funding for exploration on new and existing projects.  The following are highlights since the Company’s last corporate update.

General:

In 2012, partner funded drilling has occurred on, or is planned for, six different projects; three in Alaska and three in Arizona.  Earlier-stage exploration work will be done on five other projects in anticipation of drilling in 2013.  Millrock continues to strictly and rigorously apply the Project Generator – Joint Venture business model upon which its business has been founded.  This year, Millrock’s exploration expenditures are on track to exceed US$11 million, with 90% of the funding being provided by partner companies that are earning-in through option agreements.  As the exploration operator for the projects generated, Millrock receives management fees, as well as option agreement payments during the earn-in phase.  These revenues offset a major portion of overhead expenses.  Despite the challenging economic conditions Millrock remains a very active explorer.

Strategic Alliances:

Altius Strategic Alliance (Alaska): Funding placed by Altius Minerals Corporation in 2009 and 2010 ( see press release dated June 29, 2010) has allowed Millrock to generate six projects, three of which have become subject to earn-in agreements with other companies. Approximately US$500,000 will be spent using strategic alliance funds in 2012 to generate more projects and advance other third-party partnerships.

Q4P Vale Strategic Alliance (Alaska – copper-gold porphyry targets): This project is budgeted at US$1 million for 2012 and is funded by a wholly owned subsidiary of Vale S. A. (“Vale”).  Reconnaissance geochemical exploration and airborne geophysical surveys are in progress and exploration crews are presently in the field.  The first “Designated Project” proposed to Vale from strategic alliance work was accepted and was recently announced as a stand-alone project called AUDN (see press release dated June 11, 2012). Surface surveys will be carried out in July and August under a separate budget of US$830,000.  The property is located approximately 100 km to the southeast of the Pebble deposit. At this location Millrock perceives similar geological features as are present at Pebble, a large porphyry copper-gold deposit being advanced by the Pebble Limited Partnership a company owned by Anglo American plc and Northern Dynasty Minerals Ltd.

Alaska Exploration

Estelle Project, Kahiltna District, Alaska (target:  large, intrusion-related gold deposit):  On April 2, 2012, a joint venture was formed with Teck American Inc. (“Teck”) with Teck holding 55% and Millrock holding 45% of the project (see press release dated April 2, 2012). A drilling program is set to commence during the first week of July with a budget set by the partners at US$1.8 million.  Seven holes totaling up to 1,500 m are planned.  Five of the planned holes will be drilled at the Oxide Ridge occurrence.  This drilling will follow up on hole SE-001 drilled in 2011, which intersected variably altered magmatic intrusive rock with quartz veins and stockworks containing gold mineralization over the entire length of the hole.  Most of the mineralization was found from depths of 31.8 m to 397.1 m and returned a weighted average of 0.4 g/t Au over 365.3 m.

Humble Project, Southwest Alaska (target:  porphyry copper-gold deposit):  Millrock recently completed a drilling program consisting of four holes.  Porphyry style alteration was intersected.  Millrock and partner Kinross Gold Corporation (“Kinross”) are contemplating a follow-up drilling program for later in 2012.

Council Project, Seward Peninsula, Alaska (target:  sediment-hosted or metamorphogenic gold deposit): Millrock plans to drill six shallow holes to test strong surface gold geochemical anomalies and gold-bearing veins discovered by prospecting crews at the Elkhorn prospect.  The project is budgeted at US$1 million and is expected to commence in mid-July.  Kinross is earning in to this project.

Arizona Exploration

Monsoon Project, Safford Trend, Southeast Arizona (target:  porphyry copper deposit): Inmet Mining Corporation  (“Inmet”) recently made an agreement with Millrock that will allow that company to earn up to a 70% interest (see press release dated May 24, 2012) . Surface geochemical and geological surveys are planned to follow up on a ZTEM-mag airborne survey already completed.  The project is budgeted at US$350,000.  Drilling may follow later in 2012 or early 2013.

San Jose and Dry Mountain projects, Safford Trend, Southeast Arizona (target:  copper porphyry): With funding from partner Inmet, Millrock plans to drill four rotary holes to test ZTEM – mag – geochemical – geological targets on the properties.  Conditions permitting, drilling operations will commence in July.

ABOUT MILLROCK RESOURCES INC. Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$11 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock and Vale Enter Option Agreement Concerning the Audn Copper-Gold Porphyry Project, Alaska

VANCOUVER, BRITISH COLUMBIA, June 11, 2012 - Millrock Resources Inc. (MRO - TSX:V) ("Millrock" or the "Company") announced today that it has entered into an option  agreement with Vale Exploration USA, Inc., a wholly-owned subsidiary of Vale S.A. ("Vale").  The agreement is being entered pursuant to the strategic alliance agreement between Vale Exploration Canada Inc, a wholly-owned subsidiary of Vale S.A. and Millrock made October 11, 2011 (see press release dated October 17, 2011).  The objective of the alliance is to discover large-scale copper - gold porphyry deposits in target zones of Alaska identified by Millrock.  This is the first “Designated Project” under the strategic alliance agreement. The subject of the new option agreement is the Audn project, a promising porphyry copper-gold target situated approximately 100 km southwest of the world-class Pebble deposit.  The Millrock claim block is situated along a trend of porphyry occurrences.  Aeromagnetic, gravity and radiometric potassium survey data indicate possible buried, mineralized intrusions within the Audn project area.  Millrock and Vale plan to carry out geophysical and geochemical surveys in 2012.

Under the terms of the option agreement, Vale may earn a 65% interest by expending US$3.5 million for exploration on the project over a three-year period and by paying Millrock US$200,000. Upon earning its initial interest, Vale may elect to carry the full cost of further exploration and development until a feasibility study has been completed, and thereby earn an additional 10% interest, for a total 75% joint venture interest.  Further development of the project would proceed with the parties contributing on a pro-rata basis.  In the event that a joint venture party dilutes below a 10% interest, such interest would convert to a Net Smelter Returns royalty of 2% on gold, silver, platinum, palladium and rhodium and 1% on all other metals.

Under the terms of the strategic alliance agreement, Vale is providing funding to Millrock for research and early-stage exploration to identify targets that may be nominated for Designated Project status.  The work is focused on specific, defined areas of interest in the Alaska Range and Alaska Peninsula porphyry belts.  Strategic Alliance funding consists of a minimum US$1.0 million in the first year, and a further US$1.0 million at Vale's option in the second year.  Funding for the strategic alliance may continue in subsequent years at funding levels to be determined between the parties.

Initial investigations carried out by Millrock in 2010 were done with funding that Millrock received under a separate strategic alliance with Altius Minerals Corporation (ALS – TSX) (“Altius”).  By virtue of that agreement Altius is entitled to a royalty on any mineral production that occurs from most of the claims comprising the Audn project.

ABOUT MILLROCK RESOURCES INC. Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$10 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ABOUT VALE S.A. Vale is the second-largest metals and mining company in the world and the largest in the Americas based on market capitalization.  It is the world's largest producer of iron ore and iron ore pellets and the world's second largest producer of nickel and is one of the world's largest producers of manganese ore and ferroalloys. Vale also produces copper, thermal and coking coal, phosphates, potash, cobalt and platinum group metals..  To support Vale's growth strategy, the company is actively engaged in mineral exploration efforts in 24 countries around the globe.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock and Inmet Announce New Partnership, Monsoon Project, Safford Copper District, Arizona

VANCOUVER, BRITISH COLUMBIA, May 24, 2012 - Millrock Resources Inc. (TSX-V: MRO) ("Millrock" or the “Company") is pleased to announce that it has entered into an exploration and option agreement with Inmet Mining Corporation (TSX: IMN) (“Inmet”) concerning Millrock’s Rainville exploration permits.  The project has been renamed Monsoon.  Monsoon consists of a large block of Arizona State Exploration permits situated southeast of the town of Safford and south of the Morenci mine in southeastern Arizona.  The Company has identified an area prospective for porphyry copper deposits.  The Monsoon project is positioned along the trend of the prolific Safford deposits which are being actively developed by Freeport McMoran Copper & Gold.  Regional geochemical surveys, geophysical surveys and geological modeling have led Millrock to believe there is potential for discovery of valuable porphyry copper deposits hidden beneath overburden on the exploration permits. Under the terms of the agreement, Inmet may earn a 70% interest by incurring exploration expenditures totaling US$4.5 million and paying to Millrock US$400,000 by February 1, 2018.  Upon exercise of the option, a joint venture will be formed, and further exploration and development costs will be shared pro-rata by Millrock and Inmet.  In the event that either party dilutes to less than a 10% interest, an automatic conversion to a 2% NSR royalty will occur.

Millrock acquired the exploration permits through an agreement with private individual Michael Schaefer.  Under the terms of the agreement, Millrock can maintain an option to purchase from the owner a 100% interest in the permits by paying a total of US$400,000 and issuing 500,000 Millrock common shares over a period of six years.  If all option payments are made the property may be purchased for the sum of $1.0 million.  A further payment of US$1.0 million will be made to the owner in the event that Millrock prepares a report that describes an indicated mineral resource (as that term is used in NI 43-101) of 1,500,000 tons or more of contained copper on the property.  The cash payments to Schaefer will now be borne by Inmet until such time as a joint venture is formed between Millrock and Inmet and then paid on a pro-rata basis thereafter.  Millrock will remain solely responsible for any share payments.  The option to joint venture agreement between Millrock and Inmet is subject to acceptance by the TSX Venture Exchange.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and CEO, 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.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$10 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Announces Drill Results and Further Drilling Plans, San Jose and Dry Mountain Copper Porphyry Project, Safford District, Southeast Arizona

VANCOUVER, BRITISH COLUMBIA, April 17, 2012 - Millrock Resources Inc. (MRO - TSX:V) ("Millrock" or the "Company") announced results of recent drilling at its San Jose project located in the Safford District of southeast Arizona.  Four drill holes were completed by Millrock with funding provided by Inmet Mining Corporation (“Inmet”).  Inmet has the option to earn a 70% interest in the project.  Also, Millrock and Inmet announced that they will proceed with an additional drill program on the project later in 2012.

The holes in the most recent program were drilled in the northern part of Millrock’s San Jose property and targeted anomalies detected by airborne ZTEM geophysical methods.  Weak mineralization was identified in one hole, and porphyry-style alteration was observed in two other holes.  Geological observations indicate proximity to a porphyry deposit.  Millrock and its partner Inmet have agreed to carry out further drilling to test magnetic anomalies in proximity to known porphyry mineralization and anomalous geochemical conditions.  The program will consist of four holes totalling approximately 4,300 m of drilling (one hole will be drilled on the adjacent Dry Mountain claim block which is also subject to the agreement with Inmet).  Down-hole geophysical surveys will be carried out if warranted.  Additional geological and geochemical work will precede drilling which is anticipated to commence in the summer of 2012.

Following is a brief summary of the recent drill program results:

Hole J-1004 (vertical, total depth = 1,446.9 m) was drilled, in part, as a deep test of the San Jose deposit in an area highlighted by a conductive geophysical feature.  The hole traversed 460 meters of intrusive dacite and tonalite showing intense phyllic alteration along with local zones of anomalous copper mineralization.  Skarn mineralization containing pyrite and small amounts of sulfide copper minerals was developed near the bottom of the hole in marble adjacent to the intrusive rocks.

Hole J-1005 (vertical, total depth = 300 m) was drilled as a potential pre-collar on a geophysical feature but was abandoned. No mineralization was encountered.

Hole J-1006 (vertical, total depth = 751.9 m) was sited to test a conductive geophysical feature 4,500 meters south of the San Jose deposit but encountered no significant mineralization.

Hole J-1007 (vertical, total depth = 1,336.7 m) was drilled 2,800 meters northeast of the San Jose deposit on the flank of another large geophysical anomaly.  The intrusive rocks intersected showed phyllic and propylitic alteration with the development of pyrite but no significant copper values.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and CEO, 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.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$10 million in 2012.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Plans Drilling for Two Alaska Projects, Humble Project, Southwest Alaska and Council Project, Seward Peninsula

VANCOUVER, BRITISH COLUMBIA, April 10, 2012 - Millrock Resources Inc. (MRO - TSX:V) ("Millrock" or the "Company") announced that it has confirmed programs and budgets with its funding partner for two drilling programs in Alaska in 2012. The first drilling program will be done at the Humble project in southwest Alaska, and the second will be done at the Council project on the Seward Peninsula in western Alaska.

The Humble project targets copper-gold porphyry deposits and is situated approximately 120 km to the southwest of the Pebble deposit in a similar geological setting. Five holes totaling 1,000 m are planned, and drilling is scheduled to begin in April 2012. The drilling targets conductive zones with coincident multi-element soil geochemical anomalies possibly indicative of a buried porphyry deposit.

The Council project targets sediment-hosted vein gold deposits. The planned program for this project consists of six holes totaling approximately 1,000 m, and drilling is scheduled to commence in July 2012. The drill holes will test a seven km long gold – arsenic soil anomaly that overlies a regional structural feature. At places the soil anomaly is up to 400 m in width.

Both exploration programs may be expanded if initial results are positive.

The two projects are the subject of option to joint venture agreements with Kinross Gold Corporation (KGC - NYSE) ("Kinross"), and both are presently still in the option phase. The work is funded by Kinross and carried out by Millrock. Under the terms of the agreements, Kinross may earn up to a 75% interest in the projects.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and CEO, 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. In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies. Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona. With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$10 million in 2012. Business partners of Millrock include some of the leading names in the mining industry: Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock and Partner Form Joint Venture at Estelle Gold Project, Alaska

VANCOUVER, BRITISH COLUMBIA, April 2, 2012 - Millrock Resources Inc. (MRO - TSX:V) ("Millrock" or the "Company") announced today that Teck American Incorporated ("Teck"), a subsidiary of Teck Resources Limited, has met the requirements to exercise its option to earn a 55% interest in the Estelle gold project located northwest of Anchorage, Alaska.

The joint venture partners have planned a drilling program for 2012 that is scheduled to commence in July. Seven holes totaling up to 1,500 m are planned. Five of the planned holes will be drilled at the Oxide Ridge occurrence where Millrock intersected a thick, low grade gold intersection during its 2011 drilling program. At this location, Millrock previously discovered a multi-element soil geochemical anomaly in a roughly circular area measuring two km in diameter. As announced on November 9, 2011, hole SE-001 intersected variably altered magmatic intrusive rock with quartz veins and stockworks containing gold mineralization over the entire length of the hole.  Most of the mineralization was found from depths of 31.79 m to 397.06 m and returned a weighted average of 0.43 g/t Au over 365.27 m (157 gram-meters). Two more holes will be used to test geochemical anomalies in pyritic rocks on the margin of an intrusion at the RPM showing located at the south end of the claim block.

The target sought at Estelle is a gold deposit of the Intrusion-Related type. Geologic features, and extensive surface geochemical anomalies indicate the potential for large, bulk-minable, deposits. Four main zones of large-scale anomalous gold and pathfinder element geochemistry have been identified over the past three years: Shoeshine, Oxide Ridge, RPM and Stoney. At the Shoeshine and Oxide Ridge prospects surface mineralization is spatially associated with porphyritic intrusive rocks, quartz stockworks and hydrothermal breccias. At RPM rusty, pyritic hornfels sediments with anomalous gold indicate a possible auriferous intrusion at a shallow burial level. The Stoney prospect is a high-grade, polymetallic vein occurrence.

Presently, Millrock owns a 45% interest in the property. Many of the claims that comprise the property are subject to a 3.0% royalty payable to third parties. The claims are located approximately 160 km northwest of Anchorage, Alaska. The property is adjacent to Kiska Metals Corp.’s Whistler copper-gold deposit. Estelle is located in the Kahiltna Terrane, an assemblage of rocks that hosts Northern Dynasty/Anglo American's giant Pebble copper-gold-molybdenum-silver deposit.

Millrock’s share of the 2012 exploration program is estimated to cost approximately US$800,000. Under the terms of a recently signed loan agreement with Teck, Millrock will borrow up to the entire amount necessary to cover its share of the planned program costs. The loan, which bears a 6% interest rate, may be repaid by December 31, 2012, and if Millrock does so, it will retain its 45% interest. Millrock may elect not to repay the loan, and if it does not, its interest in the Estelle project will be reduced in accordance with the dilution formula contained in the joint venture agreement. If the planned program is carried out, and Millrock does not repay the loan, its equity interest in the project would be reduced to approximately 35%.

The technical information in this news release was reviewed by Gregory Beischer, Millrock's President and CEO, 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. In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies. Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona. With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$10 million in 2012. Business partners of Millrock include some of the leading names in the mining industry: Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Reports on Drilling at Galiuro Copper Project, Arizona

VANCOUVER, BRITISH COLUMBIA, March 30, 2012 - Millrock Resources Inc. (MRO - TSX:V) ("Millrock" or the "Company") announced today that a hole being drilled on the Fourmile prospect on the Galiuro property was abandoned prior to reaching target depth. The work was being funded by Vale Exploration Canada Inc. (“VEC”), a wholly-owned subsidiary of Vale S.A. ("Vale") pursuant to an option agreement signed March 2, 2009. Vale has decided to terminate the option agreement. Hole FM_1001 was a vertical hole being drilled to test a circular magnetic feature ringed by a strong conductive zone as identified by a ZTEM airborne geophysical survey. Intense argillic alteration is known from rock exposures and prior drilling on the west side of the structure. The hole was pre-collared to a depth of 453 m using a reverse circulation drill. Core drilling proceeded through Tertiary volcanic rock cover. Drilling conditions were very poor, and ultimately the hole was lost at a depth of 1,231.5 m. The hole was terminated before reaching target depth and the favourable Laramide-aged rocks expected beneath the Tertiary cover rocks.

The target at the Galiuro property is a large porphyry copper +/- gold deposit hidden beneath alluvium and Tertiary volcanic cover, similar in magnitude to the nearby Resolution deposit, which is being developed by Rio Tinto and BHP Billiton. The property is situated at the intersection of the Resolution and San Manuel / Kalamazoo porphyry copper trends. Because of the Tertiary volcanic cover, other companies have previously done little exploration work. Through careful geological mapping in combination with airborne magnetic and ZTEM geophysical surveys, Millrock has identified numerous targets that may represent porphyry deposits. With the withdrawal of Vale from the project, Millrock is seeking new partners to test the remaining targets.

ABOUT MILLROCK RESOURCES INC. Millrock Resources Inc. is a premier project generator to the mining industry. In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies. Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona. With funding primarily coming from its joint venture partners, Millrock plans to carry out exploration programs with a total value of more than US$10 million in 2012. Business partners of Millrock include some of the leading names in the mining industry: Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”

Millrock Grants Stock Options

VANCOUVER, BRITISH COLUMBIA, January 31, 2012 - Millrock Resources Inc. (MRO - TSX.V) ("Millrock" or the "Company") has granted a total of 215,000 stock options under the Company's stock option plan to employees. The options are exercisable at $0.475 per share for a period of five years. ABOUT MILLROCK RESOURCES INC. Millrock Resources Inc. is a premier project generator to the mining industry. In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies. Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona. Business partners of Millrock include some of the leading names in the mining industry: Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

"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.”

Millrock Announces Termination of Option on Cristo Property, Kahiltna Region, Alaska

VANCOUVER, BRITISH COLUMBIA, January 12, 2012 - Millrock Resources Inc. (MRO - TSX:V) ("Millrock" or the "Company") announced today that the option agreement dated October 14, 2010, as amended, with Brixton Metals Corp. ("Brixton"), concerning the Cristo Property in the Kahiltna region of south-central Alaska, has been terminated.  The property, which was increased in size to 328 claims while Brixton held its option, has been returned to Millrock's control.  Additionally, Brixton has transferred to Millrock ownership of a 100% unencumbered interest to 457 other State of Alaska mining claims in the Kahiltna region, which are adjacent to Millrock's Cristo, Estelle and Diston Plutons projects, and the Whistler project owned by Kiska Metals Corporation (KSK – TSX-V). Millrock President & CEO Gregory Beischer stated, "While we are disappointed that Brixton will not fund further exploration of the Cristo property, Millrock has, as a result of the transaction, now amassed an enormous land position covering high priority targets in the emerging Kahiltna mineral district."

Click here for a map showing Millrock's Kahiltna District land holdings, Alaska.

Millrock now has four large, discrete claim blocks in the Kahiltna District.  The area is known to host porphyry copper-gold deposits and has potential for discovery of intrusion-related gold deposits.  Each is briefly described below:

Estelle: This project consists of 463 claims (28,230 ha or 109 sq mi) which are the subject of an option agreement with Teck American Inc. ("TAI").  TAI may earn a maximum 65% interest in the optioned claims.  Drilling funded by TAI in 2011 resulted in the discovery of intrusion related gold mineralization over broad core intervals.  At Oxide Ridge in the north part of the claim block hole SE-001 returned 0.43 g/t Au over 365.3 m (true width not known), as previously reported in a press release dated November 9, 2011 .  Millrock and Teck are presently formulating 2012 exploration plans for the project.

Cristo: The project has potential for gold-enriched porphyry-style copper-gold deposits and intrusion-related gold deposits.  Exposures of copper and gold mineralization have been discovered at surface by Millrock over a wide area.  Several targets are ready to drill.  Millrock will seek a new partner to jointly fund work on the Cristo property which now consists of claims.

Distin Plutons:  Millrock has identified gold mineralization at surface on this project.  In 2011, exploration crews discovered gold in structurally controlled zones.  Soil and talus fines sampling detected an anomalous area over one km in length.  This is an early stage project that requires more surface work to develop drill targets.  Along with the new claims that have been transferred by Brixton, the property now consists of 544 claims covering an area of 35,220 ha or 135 sq mi.

Revelation: A large multi-element stream sediment anomaly led Millrock to this project site.  Soil samples collected on the slopes in the claim area are strongly anomalous in gold over a 600 m length.  A large iron-stained zone hosting a variety of intrusive rocks with strong quartz stockwork veining is exposed near the toe of a receding glacier.  There is potential for discovery of a porphyry-style copper-gold deposit on the claims.  Millrock seeks a partner to earn an interest in the project.

Gregory A. Beischer, President & CEO of the Company and a Qualified Person (QP) as defined by NI 43-101, prepared this news release and has verified the data disclosed.  A quality control and quality assurance program was in place for analytical work, and the QP has personally inspected the project sites and data reported upon in this press release.

ABOUT MILLROCK RESOURCES INC. Millrock Resources Inc. is a premier project generator to the mining industry.  In the search for world-class gold and copper deposits in mineral rich Alaska and Arizona, 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 and attendant shareholder dilution taken on by most exploration companies.  Millrock currently has twelve active exploration projects, eight gold-copper properties in Alaska, and four porphyry copper prospects in Arizona.  Business partners of Millrock include some of the leading names in the mining industry:  Kinross, Teck, Vale, Inmet and Altius, as well as junior explorer Crescent Resources.

ON BEHALF OF THE BOARD "Gregory Beischer” Gregory Beischer, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Gregory A. Beischer (604) 638-3164 Millrock Resources Inc. 750 World Trade Centre 999 Canada Place Vancouver, BC V6C 3E1

Some statements in this news release contain forward-looking information, including without limitation statements as the ability to confirm the presence of uranium deposits underlying the densely drilled areas of the property, the potential to expand resources by drilling, the forward-looking price of uranium, the potential for amenability to ISR mining, the ability to secure a funding partner for the project, the completion of the option to purchase some of the claims, and the ability to secure funding to carry out the planned exploration and development . 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.

"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.”